for the Year Ended 31st August 2023
For
Warnborough College Limited
Contents of the Financial Statements
for the Year Ended 31st August 2023
| Page |
|
|
Company Information | 1 |
|
|
Report of the Directors | 2 |
|
|
Income Statement | 3 |
|
|
Balance Sheet | 4 |
|
|
Notes to the Financial Statements | 5 |
|
|
Trading and Profit and Loss Account | 7 |
Warnborough College Limited
Company Information
for the Year Ended 31st August 2023
Directors and other information |
|
|
|
Directors: | Dr K G Ng |
| Dr |
|
|
|
|
Secretary: | Dr |
|
|
|
|
Registered office: | |
| |
| |
| |
| |
|
|
|
|
Company registered number: |
Warnborough College Limited
Report of the Directors
for the Year Ended 31st August 2023
The Directors present their report with the financial statements of the company for the year ended 31st August 2023.
DIRECTORS
The Directors shown below have held office during the whole of the period from 1st September 2022 to the date of this report.
Dr B D Tempest-Mogg
Dr K G Ng
ON BEHALF OF THE BOARD:
………………………………. | …………………………………… |
Dr B D Tempest-Mogg | Dr K G Ng |
Director | Director |
|
|
Date: …………………………….. | Date: ………………………………….. |
Warnborough College Limited
Profit and Loss Account
for the Year Ended 31st August 2023
|
| 31.8.23 | 31.8.22 |
| Notes | £ | £ |
|
|
|
|
TURNOVER |
| ||
|
|
|
|
Cost of Sales |
| ||
GROSS PROFIT |
| ||
|
|
|
|
Administrative Expenses |
| ||
|
| ( | ( |
Other Operating Income |
| ||
|
|
|
|
OPERATING PROFIT |
|
|
|
BEFORE TAXATION | 4 | ||
Tax on Profit |
| ||
PROFIT FOR THE FINANCIAL YEAR |
|
Dr B D Tempest-Mogg | Dr K G Ng |
Director | Director |
Warnborough College Limited
Balance Sheet
31st August 2023
|
| 31.8.23 |
| 31.8.22 |
|
| Notes | £ | £ | £ | £ |
|
|
|
|
|
|
FIXED ASSETS |
|
|
|
|
|
Tangible assets | 5 |
|
| ||
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
Stock |
|
|
| ||
Debtors | 6 |
|
| ||
Cash at bank and in hand |
|
|
| ||
|
|
|
| ||
CREDITORS |
|
|
|
|
|
Amounts falling due within one year | 7 |
| ( |
| ( |
NET CURRENT ASSETS |
|
| ( |
| ( |
|
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
CAPITAL AND RESERVES |
|
|
|
|
|
Called up share capital |
|
|
| ||
Retained Earnings |
|
| ( |
| ( |
Profit for Period |
|
|
| ||
SHAREHOLDERS' FUNDS |
|
| ( |
| ( |
The directors acknowledge their responsibilities for:
(a) | Ensuring that the company keeps 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 Sections 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. |
Warnborough College Limited
Balance Sheet
31st August 2023
The financial statements were approved by the
Dr B D Tempest-Mogg - Director
J K G Ng - Director
Warnborough College Limited
Notes to the Financial Statements
for the Year Ended 31st August 2023
1. STATUTORY INFORMATION
Warnborough College Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address can be found on the Company Information page.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
Turnover
Tangible fixed assets
Plant and machinery etc | - |
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year-end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Warnborough College Limited
Notes to the Financial Statements - continued.
for the Year Ended 31st August 2023
3. EMPLOYEES AND DIRECTORS
The average number of employees during the year was
4. OPERATING PROFIT
The operating profit is stated after charging:
| 31.08.223 | 31.08.22 |
| £ | £ |
Depreciation - owned assets |
5. TANGIBLE FIXED ASSETS
| Plant and |
| Machinery |
| etc |
| £ |
COST |
|
At 1st September 2022 | |
Additions | |
At 31st August 2023 | |
|
|
DEPRECIATION |
|
At 1st September 2021 | |
Charge for year | |
At 31st August 2022 | |
|
|
NET BOOK VALUE |
|
At 31st August 2022 | |
At 31st August 2023 |
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.8.23 | 31.8.22 |
| £ | £ |
Trade Debtors |
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.8.23 | 31.8.22 |
| £ | £ |
Trade Creditors | ||
Taxation and Social Security | ||
Other Creditors | ||
|