Hartley House Montessori Limited
|
Registered Number
:
03434860
|
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2017
Hartley House Montessori Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Hartley House Montessori Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
501,551
507,544
2
501,551
507,544
Trade and other receivables
|
189,957
135,810
3
135,810
189,957
Trade and other payables
:
amounts falling due within one
|
year
|
(221,668)
(223,307)
4
(31,711)
(87,497)
Net current liabilities
Total assets less current liabilities
|
414,054
475,833
Trade and other payables
:
amounts falling due after more
|
than one year
|
(438,030)
(403,107)
5
10,947
Net assets
37,803
100
100
10,847
37,703
10,947
37,803
Shareholders' funds
For the year ended 31 August 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the
|
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
|
of Section
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
|
relating to financial statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
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For the year ended 31 August 2017
Hartley House Montessori Limited
Statement of Financial Position Continued
Mrs S N Hartley- Raven Director
|
These financial statements were approved and authorised for issue by the Board on 21 March 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 August 2017
Hartley House Montessori Limited
Notes to the Financial Statements
Statutory Information
Hartley House Montessori Limited is a private limited company
,
limited by shares
,
domiciled in England and
|
Wales
,
registration number
03434860
.
|
Casa Dei Bambini
St John's Hall
St John's Street
Hampshire
SO23 0HF
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and
|
the Companies Act
2006
.
The financial statements have been prepared under the historical costs convention
|
as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Freehold land and buildings
Leasehold land and buildings
Over the term of the lease
|
Computer equipment
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
|
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
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For the year ended 31 August 2017
Hartley House Montessori Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Freehold land
|
and buildings
|
581,677
5,223
17,882
558,572
230
230
-
-
558,572
17,882
5,453
581,907
Provision for depreciation and impairment
|
74,133
3,782
13,408
56,943
Charge for year
6,223
513
1,121
4,589
80,356
4,295
14,529
61,532
497,040
3,353
1,158
501,551
501,629
4,474
1,441
507,544
Included within the cost of land and buildings is freehold land of £
118
,
372
(
2016
:
£
118
,
372
)
which is not
|
3
.
Trade and other receivables
|
2016
2017
(2,365)
3,777
138,175
186,180
189,957
135,810
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
121,571
99,246
28,051
20,776
Taxation and social security
|
14,766
12,510
58,919
89,136
223,307
221,668
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For the year ended 31 August 2017
Hartley House Montessori Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
267,658
302,581
135,449
135,449
403,107
438,030
6
.
Related party transactions
|
Norman Court Montessori CIC
-
Significantly controlled by Mrs S Hartley
-
Raven
|
During the year Hartley House Montessori Invoiced Norman Court £
37
,
244
(
2016
:
£
40
,
204
).
The balance
|
owed by Norman Court CIC at year end was £
110
,
446
(
2016
:
£
164
,
057
).
|
7
.
Guarantees and other financial commitments
|
The number of directors for whom retirement benefits are accruing under defined contribution schemes
|
amounted to
1
. (
2016
:
1
)
|
Included within directors remuneration in note
2
is £
3
,
600
(
2016
:
£
3
,
600
)
which relates to directors
'
pensions
|
contributions
.
|
Pension commitments
8
.
Average number of persons employed
|
During the year the average number of employees was 122 (2016 : 137)
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