Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31truefalse2022-09-01No description of principal activity4545trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02676389 2022-09-01 2023-08-31 02676389 2021-09-01 2022-08-31 02676389 2023-08-31 02676389 2022-08-31 02676389 2021-09-01 02676389 c:CompanySecretary1 2022-09-01 2023-08-31 02676389 c:Director1 2022-09-01 2023-08-31 02676389 c:Director2 2022-09-01 2023-08-31 02676389 c:Director3 2022-09-01 2023-08-31 02676389 c:Director4 2022-09-01 2023-08-31 02676389 c:RegisteredOffice 2022-09-01 2023-08-31 02676389 d:Buildings 2022-09-01 2023-08-31 02676389 d:Buildings 2023-08-31 02676389 d:Buildings 2022-08-31 02676389 d:Buildings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 02676389 d:FurnitureFittings 2022-09-01 2023-08-31 02676389 d:FurnitureFittings 2023-08-31 02676389 d:FurnitureFittings 2022-08-31 02676389 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 02676389 d:ComputerEquipment 2022-09-01 2023-08-31 02676389 d:ComputerEquipment 2023-08-31 02676389 d:ComputerEquipment 2022-08-31 02676389 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 02676389 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 02676389 d:CurrentFinancialInstruments 2023-08-31 02676389 d:CurrentFinancialInstruments 2022-08-31 02676389 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 02676389 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 02676389 d:ShareCapital 2023-08-31 02676389 d:ShareCapital 2022-08-31 02676389 d:RetainedEarningsAccumulatedLosses 2023-08-31 02676389 d:RetainedEarningsAccumulatedLosses 2022-08-31 02676389 c:FRS102 2022-09-01 2023-08-31 02676389 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 02676389 c:FullAccounts 2022-09-01 2023-08-31 02676389 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 02676389 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 02676389 d:AcceleratedTaxDepreciationDeferredTax 2022-08-31 iso4217:GBP xbrli:pure
Company registration number: 02676389







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2023


BROOKE PRIORY SCHOOL LIMITED






































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BROOKE PRIORY SCHOOL LIMITED
 


 
COMPANY INFORMATION


Directors
S M Allen 
E S Bell 
K Sykes 
R A Allen 




Company secretary
M C Tait



Registered number
02676389



Registered office
Victoria House
50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


BROOKE PRIORY SCHOOL LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


BROOKE PRIORY SCHOOL LIMITED
REGISTERED NUMBER:02676389



STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,409,683
2,123,966

  
2,409,683
2,123,966

Current assets
  

Debtors: amounts falling due within one year
 5 
52,613
68,258

Cash at bank and in hand
  
893,433
1,042,220

  
946,046
1,110,478

Creditors: amounts falling due within one year
 6 
(308,236)
(317,522)

Net current assets
  
 
 
637,810
 
 
792,956

Total assets less current liabilities
  
3,047,493
2,916,922

Provisions for liabilities
  

Deferred tax
 7 
(274,789)
(240,914)

  
 
 
(274,789)
 
 
(240,914)

Net assets
  
2,772,704
2,676,008

Page 1

 


BROOKE PRIORY SCHOOL LIMITED
REGISTERED NUMBER:02676389


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023

2023
2022
£
£

Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
2,771,704
2,675,008

  
2,772,704
2,676,008


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S M Allen
E S Bell
Director
Director


Date: 19 March 2024
Date:19 March 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


BROOKE PRIORY SCHOOL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Brooke Priory School Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.
The principal place of business is Station Approach, Oakham, Rutland, LE15 6QW.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is the amount receivable by the company, net of VAT, for school fees, related services and other educational activities.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
 
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 


BROOKE PRIORY SCHOOL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold buildings
-
2% straight line
Furniture and equipment
-
10% straight line
Computer equipment
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.6

Financial Instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

  
2.7

Pensions

The company operates a defined contribution pension scheme arrangement which is available to certain employees, including the directors. The assets of the scheme are held separately from those of the company in independently administered funds. 
The pension scheme costs charges against profits represent the amount of the contributions payable to the scheme in respect of the accounting period.


3.


Employees

The average monthly number of employees, including directors, during the year was 45 (2022 - 45).

Page 4

 


BROOKE PRIORY SCHOOL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Freehold land and buildings
Furniture and equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 September 2022
3,048,117
190,209
218,114
3,456,440


Additions
336,180
13,109
14,645
363,934



At 31 August 2023

3,384,297
203,318
232,759
3,820,374



Depreciation


At 1 September 2022
987,877
157,919
186,678
1,332,474


Charge for the year on owned assets
59,888
4,643
13,686
78,217



At 31 August 2023

1,047,765
162,562
200,364
1,410,691



Net book value



At 31 August 2023
2,336,532
40,756
32,395
2,409,683



At 31 August 2022
2,060,240
32,290
31,436
2,123,966

Included within freehold land and buildings is land at a cost of £199,000 which has not been depreciated.


5.


Debtors

2023
2022
£
£


Trade debtors
34,887
41,993

Other debtors
4,886
9,099

Prepayments and accrued income
12,840
17,166

52,613
68,258


Page 5

 


BROOKE PRIORY SCHOOL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
45,112
18,817

Corporation tax
-
30,770

Other taxation and social security
18,434
18,266

Other creditors
17
-

Accruals and deferred income
244,673
249,669

308,236
317,522



7.


Deferred taxation




2023
2022


£

£






At beginning of year
(240,914)
(231,950)


Charged to profit or loss
(33,875)
(8,964)



At end of year
(274,789)
(240,914)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(274,789)
(240,914)

(274,789)
(240,914)

 
Page 6