Registered number 01527406 Nant-Y-Cwm Steiner School Limited ## Report and Accounts 31 August 2023 ## **Nant-Y-Cwm Steiner School Limited Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|2| |Accountants' report|3| |Profit and loss account|4| |Balance sheet|5| |Notes to the accounts|6| ## **Nant-Y-Cwm Steiner School Limited Company Information** ## **Directors** Mark Adrian Truman (resigned 29 August 2023) Professor Ronald Allen Geaves (resigned 20 July 2023) Dr Patrick Cormac Bernard Joseph Robson Richard Stuart Turner ## **Accountants** Gwenno Accountancy Services Ltd Glan Gwaun Pontfaen Fishguard Pembrokeshire SA65 9SG ## **Registered office** Llanycefn Clunderwen Pembrokeshire SA66 7QJ ## **Registered number** 01527406 1 **Nant-Y-Cwm Steiner School Limited Registered number: 01527406 Directors' Report** The directors present their report and accounts for the year ended 31 August 2023. ## **Principal activities** Nant-Y-Cwm Steiner School is a private company, limited by guarantee, registered in England and Wales, registration number 01527406. The registered officed is Llanycefn, Clunderwen, Pembrokeshire. SA66 7QJ. ## **Directors** The following persons served as directors during the year: Mark Adrian Truman (resigned 29 August 2023) Professor Ronald Allen Geaves (resigned 20 July 2023) Dr Patrick Cormac Bernard Joseph Robson Richard Stuart Turner ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 25 May 2024 and signed on its behalf. Mr R.S. Turner Director 2 **Nant-Y-Cwm Steiner School Limited Accountants' Report** ## **Accountants' report to the directors of Nant-Y-Cwm Steiner School Limited** You consider that the company is exempt from an audit for the year ended 31 August 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Gwenno Accountancy Services Ltd Accountants Glan Gwaun Pontfaen Fishguard Pembrokeshire SA65 9SG 25 May 2024 3 ## **Nant-Y-Cwm Steiner School Limited Profit and Loss Account for the year ended 31 August 2023** |**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
Other operating income
**Operating (loss)/profit**
Interest receivable
Interest payable
**(Loss)/profit before taxation**
Tax on (loss)/profit
**(Loss)/profit for the financial year**|**2023**
**£**
325,486
(292,723)
32,763
(54,219)
8,872
(12,584)
1
(2,549)
(15,132)
-
(15,132)|**2022**
**£**
287,568
(241,942)
45,626
(39,604)
27,063
33,085
-
(4,197)
28,888
-
28,888| |---|---|---| 4 ## **Nant-Y-Cwm Steiner School Limited** ## **Registered number:** 01527406 **Balance Sheet as at 31 August 2023** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
6
**Net assets**
**Capital and reserves**
Revaluation reserve
7
Profit and loss account
**Shareholders' funds**|**2023**
**£**
350,844
50,046
829
50,875
(33,219)
17,656
368,500
(122,447)
246,053
259,167
(13,114)
246,053|**Reinstated**
**2022**
**£**
350,844
28,063
8,155
36,218
(4,071)
32,147
382,991
(121,806)
261,185
259,167
2,018
261,185| |---|---|---| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Mr R.S. Turner Director Approved by the board on 25 May 2024 5 **Nant-Y-Cwm Steiner School Limited Notes to the Accounts for the year ended 31 August 2023** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. ## _**Tangible fixed assets**_ All fixed assets are initially recorded at cost. Land and buildings Land and buildings were last revalued in April 2020 Plant and machinery It is not considered necessary to depreciate pland and machinery ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |**2**
**Employees**
Average number of persons employed by the company|**2023**
**Number**
24|**2022**
**Number**
18| |---|---|---| 6 ## **Nant-Y-Cwm Steiner School Limited Notes to the Accounts for the year ended 31 August 2023** ## **3 Tangible fixed assets** |**Land and**
**buildings**
**£**
**Cost**
At 1 September 2022
350,000
At 31 August 2023
350,000
**Depreciation**
At 31 August 2023
-
**Net book value**
At 31 August 2023
350,000
At 31 August 2022
350,000
Land and buildings were last revalued in April 2020.
**4**
**Debtors**
Trade debtors
Other debtors
**5**
**Creditors: amounts falling due within one year**
Bank loans and overdrafts
Trade creditors
Taxation and social security costs
Other creditors
**6**
**Creditors: amounts falling due after one year**
Bank loans
Other creditors
**7**
**Revaluation reserve**
At 1 September 2022
At 31 August 2023|**Plant and**
**machinery**
**etc**
**£**
844
844
-
844
844
**2023**
**£**
43,768
6,278
50,046
**2023**
**£**
6,394
6,878
4,247
15,700
33,219
**2023**
**£**
92,447
30,000
122,447
**2023**
**£**
259,167
259,167|**Total**
**£**
350,844
350,844
-
350,844
350,844
**2022**
**£**
26,705
1,358
28,063
**2022**
**£**
-
1,867
1,599
605
4,071
**2022**
**£**
111,806
10,000
121,806
**2022**
**£**
259,167
259,167| |---|---|---| 7 ## **Nant-Y-Cwm Steiner School Limited Notes to the Accounts for the year ended 31 August 2023** ## **8 Other information** Nant-Y-Cwm Steiner School Limited is a private company limited by shares and incorporated in England. Its registered office is: Llanycefn Clunderwen Pembrokeshire SA66 7QJ 8 ## **Nant-Y-Cwm Steiner School Limited Detailed profit and loss account for the year ended 31 August 2023** _This schedule does not form part of the statutory accounts_ |**Sales**
Cost of sales
**Gross profit**
Administrative expenses
Other operating income
**Operating (loss)/profit**
Interest receivable
Interest payable
**(Loss)/profit before tax**|**2023**
**£**
325,486
(292,723)
32,763
(54,219)
8,872
(12,584)
1
(2,549)
(15,132)|**2022**
**£**
287,568
(241,942)
45,626
(39,604)
27,063
33,085
-
(4,197)
28,888| |---|---|---| 9 ## **Nant-Y-Cwm Steiner School Limited Detailed profit and loss account for the year ended 31 August 2023** _This schedule does not form part of the statutory accounts_ |**Sales**
Sales
**Cost of sales**
Purchases
Direct labour
Discounts allowed
Other direct costs
**Administrative expenses**
Employee costs:
Wages and salaries
Staff training and welfare
Travel and subsistence
Premises costs:
Rent
Rates
Waste collection
Light and heat
Cleaning
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Subscriptions
Bank charges
Insurance
Equipment expensed
Software
Repairs and maintenance
Legal and professional costs:
Accountancy fees
Health & Safety fees
Advertising and PR
**Other operating income**
Government grants
Other operating income|**2023**
**£**
325,486
11,573
259,835
20,765
550
292,723
-
513
30
543
-
478
647
11,590
534
13,249
1,283
135
1,012
4,659
1,023
10,945
369
594
6,214
26,234
5,899
2,313
5,981
14,193
54,219
-
8,872
8,872|**2022**
**£**
287,568
8,602
215,132
17,158
1,050
241,942
2,210
826
689
3,725
583
1,343
681
3,880
425
6,912
1,326
161
1,040
4,037
720
7,183
199
319
4,891
19,876
6,077
2,199
815
9,091
39,604
22,576
4,487
27,063| |---|---|---| 10