Temple Academy of Reflexology Ltd 10760250 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is that of a school for reflexology. Digita Accounts Production Advanced 6.30.9574.0 true true 10760250 2022-06-01 2023-05-31 10760250 2023-05-31 10760250 bus:OrdinaryShareClass1 2023-05-31 10760250 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 10760250 core:OfficeEquipment 2023-05-31 10760250 bus:SmallEntities 2022-06-01 2023-05-31 10760250 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 10760250 bus:FullAccounts 2022-06-01 2023-05-31 10760250 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 10760250 bus:RegisteredOffice 2022-06-01 2023-05-31 10760250 bus:Director1 2022-06-01 2023-05-31 10760250 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 10760250 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 10760250 core:OfficeEquipment 2022-06-01 2023-05-31 10760250 countries:England 2022-06-01 2023-05-31 10760250 2022-05-31 10760250 core:OfficeEquipment 2022-05-31 10760250 2021-06-01 2022-05-31 10760250 2022-05-31 10760250 bus:OrdinaryShareClass1 2022-05-31 10760250 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 10760250 core:OfficeEquipment 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10760250

Temple Academy of Reflexology Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2023

 

Temple Academy of Reflexology Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Temple Academy of Reflexology Ltd

Company Information

Director

Mrs A J Clark

Registered office

The Mill Pury Hill Business Park
Alderton Road
Towcester
Northants
NN12 7LS

Accountants

Thompsons MK Ltd
The Mill
Pury Hill Business Park
Alderton Road
Towcester
Northants
NN12 7LS

 

Temple Academy of Reflexology Ltd

(Registration number: 10760250)
Balance Sheet as at 31 May 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

2,558

2,861

Current assets

 

Cash at bank and in hand

 

1,162

2,217

Creditors: Amounts falling due within one year

5

(11,940)

(6,698)

Net current liabilities

 

(10,778)

(4,481)

Net liabilities

 

(8,220)

(1,620)

Capital and reserves

 

Called up share capital

2

2

Retained earnings

(8,222)

(1,622)

Shareholders' deficit

 

(8,220)

(1,620)

For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 8 February 2024
 

.........................................
Mrs A J Clark
Director

 

Temple Academy of Reflexology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Mill Pury Hill Business Park
Alderton Road
Towcester
Northants
NN12 7LS
United Kingdom

These financial statements were authorised for issue by the director on 8 February 2024.

The company registration number is 10760250

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Temple Academy of Reflexology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

Temple Academy of Reflexology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 June 2022

5,387

5,387

Additions

549

549

At 31 May 2023

5,936

5,936

Depreciation

At 1 June 2022

2,526

2,526

Charge for the year

852

852

At 31 May 2023

3,378

3,378

Carrying amount

At 31 May 2023

2,558

2,558

At 31 May 2022

2,861

2,861

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

930

750

Other creditors

11,010

5,948

11,940

6,698

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

2

2

2

2