Company Registration No. 04539044 (England and Wales)
THE MONTESSORI CHILDREN'S HOUSE LIMITED
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2016
THE MONTESSORI CHILDREN'S HOUSE LIMITED
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the accounts
4
THE MONTESSORI CHILDREN'S HOUSE LIMITED
COMPANY INFORMATION
Directors
Mr R Shah
Mrs B Shah
Company number
04539044
Registered office
7-9 The Avenue
Eastbourne
East Sussex
BN21 3YA
Accountants
Humphrey & Co
7-9 The Avenue
Eastbourne
East Sussex
BN21 3YA
Business address
St Nicholas' Community Hall
34 Robin Hood Lane
Sutton
Surrey
SM1 2RG
Bankers
HSBC
281 Chiswick High Road
Chiswick
London
W4 4HJ
THE MONTESSORI CHILDREN'S HOUSE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 AUGUST 2016
- 1 -
The directors present their report and financial statements for the year ended 31 August 2016.
Directors
The following directors have held office since 1 September 2015:
Mr R Shah
Mrs B Shah
The report of the directors has been prepared taking advantage of the small companies' exemption of section 415A of the Companies Act 2006.
On behalf of the board
Mr R Shah
Director
9 May 2017
THE MONTESSORI CHILDREN'S HOUSE LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE MONTESSORI CHILDREN'S HOUSE LIMITED FOR THE YEAR ENDED 31 AUGUST 2016
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Montessori Children's House Limited for the year ended 31 August 2016 set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of The Montessori Children's House Limited, as a body, in accordance with the terms of our engagement letter dated 23 May 2014. Our work has been undertaken solely to prepare for your approval the financial statements of The Montessori Children's House Limited and state those matters that we have agreed to state to the Board of Directors of The Montessori Children's House Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Montessori Children's House Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that The Montessori Children's House Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Montessori Children's House Limited. You consider that The Montessori Children's House Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of The Montessori Children's House Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Humphrey & Co
9 May 2017
Chartered Accountants
7-9 The Avenue
Eastbourne
East Sussex
BN21 3YA
THE MONTESSORI CHILDREN'S HOUSE LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2016
- 3 -
2016
2015
£
£
Turnover
152,464
131,859
Other income
1,273
444
Cost of raw materials and consumables
(6,915)
(7,849)
Staff costs
(102,453)
(85,863)
Depreciation and other amounts written off assets
(566)
(474)
Other charges
(46,398)
(38,170)
Loss for the year
(2,595)
(53)
THE MONTESSORI CHILDREN'S HOUSE LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2016
31 August 2016
- 4 -
2016
2015
£
£
£
£
Fixed assets
1,528
1,637
Current assets
31,376
29,268
Prepayments and accrued income
1,710
1,596
Creditors: amounts falling due within one year
(30,905)
(26,197)
Net current assets
2,181
4,667
Total assets less current liabilities
3,709
6,304
Capital and reserves
3,709
6,304
These financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
For the financial year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions within Part 15 of the Companies Act 2006.
Approved by the Board for issue on 9 May 2017
Mr R Shah
Director
Company Registration No. 04539044
THE MONTESSORI CHILDREN'S HOUSE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2016
31 August 2016
- 5 -
1
Related party relationships and transactions
Advances and credits to directors
Advances and credits granted to the directors during the year are outlined in the table below:
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Mr R Shah -
3.00
20,109
7,424
550
10,970
17,113
20,109
7,424
550
10,970
17,113