Company registration number 02898673 (England and Wales)
GREAT BALLARD SCHOOL LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
GREAT BALLARD SCHOOL LIMITED
CONTENTS
Page
Company information
1
Chairman's report
2 - 3
Independent auditor's report
4 - 7
Balance sheet
8
Notes to the financial statements
9 - 14
GREAT BALLARD SCHOOL LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mrs. S. J. Jay
Mr. C. T. Jay
Mr. T. A. Hockley
Mr M R Piercy
(Appointed 29 August 2023)
Secretary
Mr. T. A. Hockley
Company number
02898673
Registered office
Eartham House
Eartham
Chichester
West Sussex
PO18 0LR
Auditor
TC Group
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
GREAT BALLARD SCHOOL LIMITED
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
- 2 -

Great Ballard has had another successful year and many new families have joined us despite the difficult economic times we are living in. It is rewarding to see the senior school growing and. emerging as a respected local 16+ school. This year we also saw our third inspection in 3 years with a full ISI report following hot on the heels of two material change applications. While our progress has been clear in all three, we know we still have a way to travel.

Achievements and performance

 

Our GCSE curriculum continues to develop with new options available for the second wave of Year 9s this year. We approach our first GCSE year next year with excitement. Overall though we are most excited by the breadth of the offering and the way it prepares students for life beyond school. The Great Ballard Diploma includes a Microsoft qualification in ICT, cookery and gardening, training in leadership, project qualification, a financial qualification and a focus on personal health and regulation as delivered through MAP (Mental Academic Physical). We also teach Learning to Learn which helps us to link Great Outdoors (Our Forest School) with Duke of Edinburgh and it is notable that 100% of our current Year 9s are signed up for this qualification.  

67% of all students made expected or more than expected progress in English this year with 83% making the same progress in Maths and 86% in Science. 69% of SEN students made expected or better than expected progress across the school. Our scholarship assessment day was the most popular so far, with 12 external candidates and all offered a place, with the award of 11 scholarships.  Our own students achieved 10 scholarships at 11 and 13+ (3 All Rounders, 4 service and leadership, 1 Computer Science, 1 sport, 1 art). No students applied for scholarships elsewhere. 10 students in the senior school took part in the UK Maths Challenge in November and were successful, with a bronze award going to a Y8 student, a silver in Y7 and a bronze, silver and gold award in Y9.  LAMDA awards continue to be a feature of our Performing Arts students, with a number achieving excellence across the difference disciplines.  This year we achieved our highest grade we have set yet (Grade 6 Bronze medal) in Acting, Verse and Prose.  Several students performed at Chichester & Worthing festivals and won in their relative categories.  

The year started with our KS3 residential to Le Touquet, with students having the opportunity to taste snails, see how chocolate is made and practice their language skills at the market.   At the end of the year, all year groups enjoyed a residential, tied into the Great Ballard diploma as their ‘residential.’. All students from Years 7 – 10 attended a trip related to the Equality & Human Rights Act (2010) – Y7 – 9 attended a place of worship and Y10 had a tour of Parliament followed by a trip to Brixton market to experience some food from a range of cultures.   This was supported by a whole-school assembly in Diversity Week, visiting speakers across all sections of the school and PSHE lessons focussing on media from different cultures. Our Performing Arts department has had a busy year with the successful musical Matilda running across Prep and Senior, and a regular series of concerts – formal and informal – with performances from students across both sections of the school.  Our fixture list continues to be wider as our numbers have grown to facilitate more teams across the senior school.  Netball is emerging as a particular ‘pocket of excellence’.  Service and Leadership dinners were successful, with speakers including an ex-international cricketer, and a head charity worker with local charity Stone Pillow. 

 

Our Service & Leadership scholars led this event well, and feedback was excellent from attending guests. House competition continues to thrive, with this year seeing a really successful House Music competition, the biggest ever sports day and the ever-popular end of year House Quiz.                                           

 

 

GREAT BALLARD SCHOOL LIMITED
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -

Financial review

 

Firstly, I would like to thank the charitable trust that continues to assist our growth path and provides funding which supports the school facilities and advances the education of our pupils.

The year ended with total turnover up by £731,704 or 35%, an improvement of £399,744 over the prior year’s gain of 19%, which mainly reflects the continued pupil gains from the addition of our senior school. Overall pupil recruitment and retention across the school remained very strong, with a year-on-year pupil gain of 51 pupils or 45%, an improvement of 27 pupils over the prior year. On top of major refurbishments during the year we also invested £390,057 capital expenditure in facilities and added computer equipment, which resulted in a small operating loss of -£11,662 for the year compared to the previous year’s net profit of £14,940. Cash at the bank reduced by -£27,390 to £175,892. The average monthly number of employees (including directors) rose from 41 to 62 during the year. The school prepares for the possible challenge of our Parents having to face a future imposition of VAT being added to their school fees. We continue to work on a strategic business plan that provides for continued growth whilst maintaining the family ethos and culture of the school which is so important to us.

 

Future developments

At the end of this financial year, we have refitted the old Art Room and it is now a 21st century Science Lab. We have developed the top floor so that we have more classrooms for the older students along with common rooms and a study space with computers set up. All this will be ready for the academic year 23/24. We are also hoping to be making use of the Stable block which will be the new Art Studio, but this is subject to acquiring planning permission.

Governance

The Board of Governance is now made up of my son, Christopher and I and we are supported by 3 other members. The board meet once a month to look at all aspects of school life. We also have an Advisory board who meet once a term and look at the strategic options open to us so that we continue to grow and meet the needs of our pupils and parents.

Our parent body continues to be very supportive. The Friends of Great Ballard’s (FOGB) raise money to buy additional extras for the school and, for this, we are very grateful.

 

On behalf of the Chairman

Mrs. S. J. Jay
Chairman
18 March 2024
GREAT BALLARD SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF GREAT BALLARD SCHOOL LIMITED
- 4 -
Opinion

We have audited the financial statements of Great Ballard School Limited (the 'company') for the year ended 31 August 2023 which comprise , the balance sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

 

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

 

We have nothing to report in this regard.

GREAT BALLARD SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF GREAT BALLARD SCHOOL LIMITED
- 5 -

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

 

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

 

Extent to which the audit was considered capable of detecting irregularities, including fraud

The objectives of our audit, in respect to fraud, are: to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses; and to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and its management.

GREAT BALLARD SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF GREAT BALLARD SCHOOL LIMITED
- 6 -

Our approach was as follows:

 

 

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These procedures included: testing manual journals; reviewing the financial statement disclosures and testing to supporting documentation; performing analytical procedures; and enquiring of management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error.

 

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-and-guidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-for-audit.aspx. This description forms part of our auditor’s report.

 

GREAT BALLARD SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF GREAT BALLARD SCHOOL LIMITED
- 7 -

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Cummins FCCA (Senior Statutory Auditor)
For and on behalf of TC Group
Statutory Auditor
18 April 2024
Office: Steyning
GREAT BALLARD SCHOOL LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2023
31 August 2023
- 8 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,362,376
1,070,122
Current assets
Stocks
3,830
3,553
Debtors
5
160,648
98,877
Cash at bank and in hand
175,892
203,282
340,370
305,712
Creditors: amounts falling due within one year
6
(837,118)
(498,544)
Net current liabilities
(496,748)
(192,832)
Net assets
865,628
877,290
Capital and reserves
Called up share capital
2,230,280
2,230,280
Profit and loss reserves
(1,364,652)
(1,352,990)
Total equity
865,628
877,290

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 23 March 2024 and are signed on its behalf by:
Mrs. S. J. Jay
Director
Company Registration No. 02898673
GREAT BALLARD SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
- 9 -
1
Accounting policies
Company information

Great Ballard School Limited is a private company limited by shares incorporated in England and Wales. The registered office is Eartham House, Eartham, Chichester, West Sussex, PO18 0LR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

As set out in the Directors’ Responsibilities Statement on page 6, in preparing these financial statements the directors are required to prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The business of the company is that of operating as an independent school and in satisfaction of this responsibility the directors have reviewed in detail the cash flow projections of the school which are updated weekly, and considered the school’s ability to meet its liabilities as they fall due.

 

Whilst the school has continued to incur operating losses which currently reflects our largest ever period of investment in added staffing and facilities to accommodate the expansion of our new senior school. We have favourable increases in pupil numbers and fee income which is only expected to increase over the next year as the additional senior classes come onstream and the directors are confident that the school will now return to an operating surplus.

 

The school has no bank lending facilities in place and operates entirely from its bank current account to meet its commitments as they fall due. The school receives grants from an educational charity, towards the costs of providing educational services at the school. The directors have discussed the projected funding requirements with the educational charity who have committed to provide the necessary funding. Accordingly, the directors consider it appropriate to prepare these financial statements on a going concern basis.

 

In addition the school prepares for the possible challenge of our Parents having to face a future imposition of VAT being added to their school fees.

1.3
Turnover
Turnover represents amounts receivable to the school for services provided during the period.  This includes school fees receivable and charges for services and use of the premises, less any allowances and bursaries granted by the school. Turnover also includes grants of a revenue nature received from educational charities, which are recognised when it is reasonable to expect the grant will be received and that all the related conditions will be met.
GREAT BALLARD SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
1
Accounting policies
(Continued)
- 10 -
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
2% / 10% straight line
Plant and machinery
20% reducing balance / 5% straight line
Computer equipment
25% reducing balance
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Stocks
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
1.7
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

GREAT BALLARD SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
1
Accounting policies
(Continued)
- 11 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from shareholders that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

GREAT BALLARD SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
1
Accounting policies
(Continued)
- 12 -
1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

1.12

Pensions

The company contributes to pension schemes on behalf of its teaching and non-teaching staff. Contributions are charged to the profit and loss account as they become payable. The funds of the schemes are administered by trustees and are separate from the company.

1.13

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

 

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the previous periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

 

A net deferred tax asset is regarded as recoverable and therefore recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

 

In the opinion of the directors there are no significant judgements or areas of estimation uncertainty.

 

GREAT BALLARD SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 13 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
62
41
4
Tangible fixed assets
Land and buildings Freehold
Plant and machinery
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 September 2022
1,474,031
445,674
191,410
16,440
2,127,555
Additions
255,098
80,554
54,405
-
0
390,057
Disposals
-
0
(8,408)
(23,642)
-
0
(32,050)
At 31 August 2023
1,729,129
517,820
222,173
16,440
2,485,562
Depreciation and impairment
At 1 September 2022
639,147
281,317
123,287
13,682
1,057,433
Depreciation charged in the year
42,473
22,642
25,360
552
91,027
Eliminated in respect of disposals
-
0
(6,093)
(19,181)
-
0
(25,274)
At 31 August 2023
681,620
297,866
129,466
14,234
1,123,186
Carrying amount
At 31 August 2023
1,047,509
219,954
92,707
2,206
1,362,376
At 31 August 2022
834,884
164,357
68,123
2,758
1,070,122
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
73,836
23,287
Other debtors
26,732
-
0
Prepayments and accrued income
60,080
75,590
160,648
98,877
GREAT BALLARD SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 14 -
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
189,454
90,072
Other taxation and social security
66,222
25,949
Other creditors
89,323
67,588
Accruals and deferred income
492,119
314,935
837,118
498,544
7
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2023
2022
Balances:
£
£
Fixed asset timing difference
(122,204)
(73,269)
Tax losses available
122,204
73,269
-
-

 

8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2023
2022
£
£
81,630
123,440
9
Related party transactions

The directors have applied the exemption available within FRS 102 Section 1AC from disclosing transactions with related parties which have been undertaken under normal market conditions. The directors reviewed the transactions with related parties and have concluded that there are no transactions requiring disclosure.

2023-08-312022-09-01false18 April 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityThis audit opinion is unqualifiedMrs Eileen ChedzoyMrs. S. J. JayMr. C. T. JayMr Terry HockleyMr M R PiercyMr Michael R PiercyMr. T. A. Hockleyfalse028986732022-09-012023-08-3102898673bus:Director22022-09-012023-08-3102898673bus:Director32022-09-012023-08-3102898673bus:CompanySecretaryDirector12022-09-012023-08-3102898673bus:Director52022-09-012023-08-3102898673bus:CompanySecretary12022-09-012023-08-3102898673bus:Director12022-09-012023-08-3102898673bus:Director42022-09-012023-08-3102898673bus:Director62022-09-012023-08-3102898673bus:RegisteredOffice2022-09-012023-08-31028986732023-08-31028986732022-08-3102898673core:LandBuildingscore:OwnedOrFreeholdAssets2023-08-3102898673core:PlantMachinery2023-08-3102898673core:FurnitureFittings2023-08-3102898673core:MotorVehicles2023-08-3102898673core:LandBuildingscore:OwnedOrFreeholdAssets2022-08-3102898673core:PlantMachinery2022-08-3102898673core:FurnitureFittings2022-08-3102898673core:MotorVehicles2022-08-3102898673core:CurrentFinancialInstrumentscore:WithinOneYear2023-08-3102898673core:CurrentFinancialInstrumentscore:WithinOneYear2022-08-3102898673core:CurrentFinancialInstruments2023-08-3102898673core:CurrentFinancialInstruments2022-08-3102898673core:ShareCapital2023-08-3102898673core:ShareCapital2022-08-3102898673core:RetainedEarningsAccumulatedLosses2023-08-3102898673core:RetainedEarningsAccumulatedLosses2022-08-3102898673core:LandBuildingscore:OwnedOrFreeholdAssets2022-09-012023-08-3102898673core:PlantMachinery2022-09-012023-08-3102898673core:FurnitureFittings2022-09-012023-08-3102898673core:MotorVehicles2022-09-012023-08-31028986732021-09-012022-08-3102898673core:LandBuildingscore:OwnedOrFreeholdAssets2022-08-3102898673core:PlantMachinery2022-08-3102898673core:FurnitureFittings2022-08-3102898673core:MotorVehicles2022-08-31028986732022-08-3102898673bus:PrivateLimitedCompanyLtd2022-09-012023-08-3102898673bus:SmallCompaniesRegimeForAccounts2022-09-012023-08-3102898673bus:FRS1022022-09-012023-08-3102898673bus:Audited2022-09-012023-08-3102898673bus:FullAccounts2022-09-012023-08-31xbrli:purexbrli:sharesiso4217:GBP