Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31falsefalse2022-09-01No description of principal activity3131trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08132279 2022-09-01 2023-08-31 08132279 2021-09-01 2022-08-31 08132279 2023-08-31 08132279 2022-08-31 08132279 c:Director2 2022-09-01 2023-08-31 08132279 c:Director3 2022-09-01 2023-08-31 08132279 d:FurnitureFittings 2022-09-01 2023-08-31 08132279 d:FurnitureFittings 2023-08-31 08132279 d:FurnitureFittings 2022-08-31 08132279 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 08132279 d:CurrentFinancialInstruments 2023-08-31 08132279 d:CurrentFinancialInstruments 2022-08-31 08132279 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 08132279 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 08132279 d:OtherMiscellaneousReserve 2023-08-31 08132279 d:OtherMiscellaneousReserve 2022-08-31 08132279 d:RetainedEarningsAccumulatedLosses 2023-08-31 08132279 d:RetainedEarningsAccumulatedLosses 2022-08-31 08132279 c:FRS102 2022-09-01 2023-08-31 08132279 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 08132279 c:FullAccounts 2022-09-01 2023-08-31 08132279 c:CompanyLimitedByGuarantee 2022-09-01 2023-08-31 08132279 2 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 08132279









GILAH NURSERY SCHOOL
(A company limited by guarantee)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
GILAH NURSERY SCHOOL
 
(A company limited by guarantee)
REGISTERED NUMBER: 08132279

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
19,154
25,822

  
19,154
25,822

Current assets
  

Debtors: amounts falling due within one year
 5 
10,436
6,230

Cash at bank and in hand
 6 
136,392
202,745

  
146,828
208,975

Creditors: amounts falling due within one year
 7 
(37,454)
(39,001)

Net current assets
  
 
 
109,374
 
 
169,974

Total assets less current liabilities
  
128,528
195,796

  

Net assets
  
128,528
195,796


Capital and reserves
  

Other reserves
  
43,384
43,384

Profit and loss account
  
85,144
152,412

  
128,528
195,796


Page 1

 
GILAH NURSERY SCHOOL
 
(A company limited by guarantee)
REGISTERED NUMBER: 08132279
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

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: 




................................................
R Miller
................................................
J Rose
Director
Director


Date: 10 April 2024
Date:10 April 2024

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

Page 2

 
GILAH NURSERY SCHOOL

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Gilah Nursery School Limited is a private company limited by guarantee. The company is incorporated in England and Wales and its registered address is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is 08132279.

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 recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
GILAH NURSERY SCHOOL

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.5

Taxation

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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the United Kingdom.

 
2.6

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.

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:

Fixtures & fittings
-
25% 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.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
GILAH NURSERY SCHOOL

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 31 (2022 - 31).


4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 September 2022
72,941


Additions
2,604



At 31 August 2023

75,545



Depreciation


At 1 September 2022
47,118


Charge for the year on owned assets
9,273



At 31 August 2023

56,391



Net book value



At 31 August 2023
19,154



At 31 August 2022
25,822

Page 5

 
GILAH NURSERY SCHOOL

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Debtors

2023
2022
£
£


Trade debtors
6,501
6,230

Tax recoverable
3,935
-

10,436
6,230



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
136,392
202,745

136,392
202,745



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,061
1,283

Corporation tax
-
3,935

Other taxation and social security
8,815
4,960

Other creditors
14,874
16,100

Accruals and deferred income
12,704
12,723

37,454
39,001




8.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,159 (2022: £5,121).

 
Page 6