Company Registration No. 13890300 (England and Wales)
The Old Sunday School Townley Street Limited
Unaudited accounts
for the period from 3 February 2022 to 28 February 2023
The Old Sunday School Townley Street Limited
Unaudited accounts
Contents
The Old Sunday School Townley Street Limited
Company Information
for the period from 3 February 2022 to 28 February 2023
Company Number
13890300 (England and Wales)
Registered Office
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
The Old Sunday School Townley Street Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
1
Creditors: amounts falling due within one year
(243,863)
For the period ending 28 February 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 October 2023 and were signed on its behalf by
J D Womby
Director
Company Registration No. 13890300
The Old Sunday School Townley Street Limited
Notes to the Accounts
for the period from 3 February 2022 to 28 February 2023
The Old Sunday School Townley Street Limited is a private company, limited by shares, registered in England and Wales, registration number 13890300. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Creditors: amounts falling due within one year
2023
Loans from directors
43,863
The other creditors of £200,000 are secured by a fixed and floating charges over the property know as the former sunday school situated in Townley Street, Macclesfield, Cheshire which is held by the company as a stock item.
The Old Sunday School Townley Street Limited
Notes to the Accounts
for the period from 3 February 2022 to 28 February 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
Shares issued during the period:
1 Ordinary shares of £1 each
1
6
Average number of employees
During the period the average number of employees was 1.