IRIS Accounts Production v23.3.1.45 03897433 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038974332022-03-31038974332023-03-31038974332022-04-012023-03-31038974332021-03-31038974332021-04-012022-03-31038974332022-03-3103897433ns14:PoundSterlingns10:Original2022-04-012023-03-3103897433ns10:Originalns10:Director12022-04-012023-03-3103897433ns10:Original2022-04-012023-03-3103897433ns10:Original2023-03-3103897433ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3103897433ns10:Originalns10:SmallEntities2022-04-012023-03-3103897433ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3103897433ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103897433ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3103897433ns10:Originalns10:FullAccounts2022-04-012023-03-3103897433ns10:Original12022-04-012023-03-3103897433ns10:CompanySecretary1ns10:Original2022-04-012023-03-3103897433ns10:Originalns10:RegisteredOffice2022-04-012023-03-3103897433ns10:Original2022-03-3103897433ns10:Originalns5:CurrentFinancialInstruments2023-03-3103897433ns10:Originalns5:CurrentFinancialInstruments2022-03-3103897433ns5:ShareCapitalns10:Original2023-03-3103897433ns5:ShareCapitalns10:Original2022-03-3103897433ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3103897433ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3103897433ns10:Originalns5:NetGoodwill2022-04-012023-03-3103897433ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3103897433ns10:Originalns5:LandBuildings2022-04-012023-03-3103897433ns10:Originalns5:PlantMachinery2022-04-012023-03-3103897433ns10:Original2021-04-012022-03-3103897433ns10:Originalns5:NetGoodwill2022-03-3103897433ns10:Originalns5:NetGoodwill2023-03-3103897433ns10:Originalns5:NetGoodwill2022-03-3103897433ns10:Originalns5:LandBuildings2022-03-3103897433ns10:Originalns5:PlantMachinery2022-03-3103897433ns10:Original2022-03-3103897433ns10:Originalns5:LandBuildings2023-03-3103897433ns10:Originalns5:PlantMachinery2023-03-3103897433ns10:Originalns5:LandBuildings2022-03-3103897433ns10:Originalns5:PlantMachinery2022-03-3103897433ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103897433ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 03897433















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Liverpool Theatre School & College
Limited

Liverpool Theatre School & College
Limited (Registered number: 03897433)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Liverpool Theatre School & College
Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Miss M J Ellis





SECRETARY: Miss M J Ellis





REGISTERED OFFICE: Liverpool Central Studios
35 Sefton Street
Liverpool
L8 5SL





REGISTERED NUMBER: 03897433





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Liverpool Theatre School & College
Limited (Registered number: 03897433)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 10,540 11,052
10,540 11,052

CURRENT ASSETS
Debtors 6 35,431 32,871
Cash at bank 84 5,886
35,515 38,757
CREDITORS
Amounts falling due within one year 7 44,618 11,638
NET CURRENT (LIABILITIES)/ASSETS (9,103 ) 27,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,437

38,171

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,237 37,971
1,437 38,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Liverpool Theatre School & College
Limited (Registered number: 03897433)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2023 and were signed by:





Miss M J Ellis - Director


Liverpool Theatre School & College
Limited (Registered number: 03897433)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Liverpool Theatre School & College Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 15% on reducing balance

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 recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Liverpool Theatre School & College
Limited (Registered number: 03897433)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 April 2022
and 31 March 2023 95,738
AMORTISATION
At 1 April 2022
and 31 March 2023 95,738
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 April 2022
and 31 March 2023 92,938 55,389 148,327
DEPRECIATION
At 1 April 2022 92,938 44,337 137,275
Charge for year - 512 512
At 31 March 2023 92,938 44,849 137,787
NET BOOK VALUE
At 31 March 2023 - 10,540 10,540
At 31 March 2022 - 11,052 11,052

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Other debtors 35,431 32,871

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Bank loans and overdrafts 27,788 -
Taxation and social security 1,120 10,284
Other creditors 15,710 1,354
44,618 11,638

Liverpool Theatre School & College
Limited (Registered number: 03897433)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. ULTIMATE CONTROLLING PARTY

The controlling party is Liverpool Theatre School & College(Holdings) Ltd.

The ultimate controlling party is Miss M J Ellis.