IRIS Accounts Productionv24.1.0.57800570660Board of Directors1.9.2231.8.2331.8.23falsetruefalsefalsetruefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh005706602022-08-31005706602023-08-31005706602022-09-012023-08-31005706602021-08-31005706602021-09-012022-08-31005706602022-08-3100570660ns15:EnglandWales2022-09-012023-08-3100570660ns14:PoundSterling2022-09-012023-08-3100570660ns10:Director12022-09-012023-08-3100570660ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3100570660ns10:SmallEntities2022-09-012023-08-3100570660ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3100570660ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3100570660ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3100570660ns10:FullAccounts2022-09-012023-08-3100570660ns10:Director22022-09-012023-08-3100570660ns10:Director42022-09-012023-08-3100570660ns10:CompanySecretary12022-09-012023-08-3100570660ns10:RegisteredOffice2022-09-012023-08-3100570660ns5:CurrentFinancialInstruments2023-08-3100570660ns5:CurrentFinancialInstruments2022-08-3100570660ns5:Non-currentFinancialInstruments2023-08-3100570660ns5:Non-currentFinancialInstruments2022-08-3100570660ns5:ShareCapital2023-08-3100570660ns5:ShareCapital2022-08-3100570660ns5:RevaluationReserve2023-08-3100570660ns5:RevaluationReserve2022-08-3100570660ns5:RetainedEarningsAccumulatedLosses2023-08-3100570660ns5:RetainedEarningsAccumulatedLosses2022-08-3100570660ns5:LandBuildings2022-09-012023-08-3100570660ns5:PlantMachinery2022-09-012023-08-3100570660ns5:LandBuildings2022-08-3100570660ns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-3100570660ns5:LeaseholdImprovements2022-08-3100570660ns5:ShortLeaseholdAssetsns5:LandBuildings2022-09-012023-08-3100570660ns5:LeaseholdImprovements2022-09-012023-08-3100570660ns5:LandBuildings2023-08-3100570660ns5:ShortLeaseholdAssetsns5:LandBuildings2023-08-3100570660ns5:LeaseholdImprovements2023-08-3100570660ns5:LandBuildings2022-08-3100570660ns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-3100570660ns5:LeaseholdImprovements2022-08-3100570660ns5:FurnitureFittings2022-08-3100570660ns5:MotorVehicles2022-08-3100570660ns5:ComputerEquipment2022-08-3100570660ns5:FurnitureFittings2022-09-012023-08-3100570660ns5:MotorVehicles2022-09-012023-08-3100570660ns5:ComputerEquipment2022-09-012023-08-3100570660ns5:FurnitureFittings2023-08-3100570660ns5:MotorVehicles2023-08-3100570660ns5:ComputerEquipment2023-08-3100570660ns5:FurnitureFittings2022-08-3100570660ns5:MotorVehicles2022-08-3100570660ns5:ComputerEquipment2022-08-3100570660ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3100570660ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3100570660ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-08-3100570660ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-08-3100570660ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-3100570660ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-08-3100570660ns5:WithinOneYear2023-08-3100570660ns5:WithinOneYear2022-08-3100570660ns5:BetweenOneFiveYears2023-08-3100570660ns5:BetweenOneFiveYears2022-08-3100570660ns5:AllPeriods2023-08-3100570660ns5:AllPeriods2022-08-3100570660ns5:DeferredTaxation2022-08-3100570660ns5:DeferredTaxation2022-09-012023-08-3100570660ns5:DeferredTaxation2023-08-3100570660ns5:RetainedEarningsAccumulatedLosses2022-08-3100570660ns5:RevaluationReserve2022-08-3100570660ns5:RetainedEarningsAccumulatedLosses2022-09-012023-08-31

REGISTERED NUMBER: 00570660 (England and Wales)













WOODCOTE HOUSE SCHOOL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023






WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)








CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 August 2023





Page




Company Information  

1




Balance Sheet  

2




Notes to the Financial Statements  

4





WOODCOTE HOUSE SCHOOL LIMITED



COMPANY INFORMATION

for the year ended 31 August 2023









DIRECTORS:

D M Paterson


N H K Paterson


R Paterson







SECRETARY:

E N C Woodhouse







REGISTERED OFFICE:

Woodcote House


Snows Ride


Windlesham


Surrey


GU20 6PF







REGISTERED NUMBER:

00570660 (England and Wales)







ACCOUNTANTS:

Shaw Gibbs Limited


Wey Court West


Union Road


Farnham


Surrey


GU9 7PT


WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)



BALANCE SHEET

31 August 2023



2023


2022


Notes

£   

£   


FIXED ASSETS

Tangible assets

4

658,989


683,728




CURRENT ASSETS

Stocks

14,550


15,650



Debtors

5

86,014


24,152



Cash at bank and in hand

576,504


493,743



677,068


533,545



CREDITORS

Amounts falling due within one year

6

(656,159

)

(510,660

)


NET CURRENT ASSETS

20,909


22,885



TOTAL ASSETS LESS CURRENT

LIABILITIES

679,898


706,613




CREDITORS

Amounts falling due after more than one year

7

(120,833

)

(170,943

)



PROVISIONS FOR LIABILITIES

9

(61,172

)

(30,909

)


NET ASSETS

497,893


504,761




CAPITAL AND RESERVES

Called up share capital

2,000


2,000



Revaluation reserve

10

1,311


1,311



Retained earnings

10

494,582


501,450



497,893


504,761




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


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


The directors acknowledge their 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.


WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)



BALANCE SHEET - continued

31 August 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 Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:






N H K Paterson - Director



WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)



NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 August 2023


1.

STATUTORY INFORMATION



Woodcote House School Limited is a private company, limited by shares , registered in England and Wales. 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.


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

-  

2% on cost and in accordance with the property


Plant and machinery etc

-      

33% on cost, 25% on reducing balance, 15% on reducing balance and 2% on cost  



Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


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.


Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.


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.


Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.


WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)



NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2023


3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 40 (2022 - 40 ) .


4.

TANGIBLE FIXED ASSETS


Improvements


Freehold


Short


to


property


leasehold


property

£   

£   

£   



COST


At 1 September 2022

62,312


639,359


131,089




Additions

-


-


-




Disposals

-


-


-




At 31 August 2023

62,312


639,359


131,089




DEPRECIATION


At 1 September 2022

41,965


399,643


6,554




Charge for year

1,246


31,968


6,554




Eliminated on disposal

-


-


-




At 31 August 2023

43,211


431,611


13,108




NET BOOK VALUE


At 31 August 2023

19,101


207,748


117,981




At 31 August 2022

20,347


239,716


124,535





Fixtures



and


Motor


Computer



fittings


vehicles


equipment


Totals

£   

£   

£   

£   



COST


At 1 September 2022

581,073


3,500


39,655


1,456,988




Additions

764


1,558


39,454


41,776




Disposals

-


-


(22,073

)

(22,073

)



At 31 August 2023

581,837


5,058


57,036


1,476,691




DEPRECIATION


At 1 September 2022

295,434


3,500


26,164


773,260




Charge for year

20,632


292


5,823


66,515




Eliminated on disposal

-


-


(22,073

)

(22,073

)



At 31 August 2023

316,066


3,792


9,914


817,702




NET BOOK VALUE


At 31 August 2023

265,771


1,266


47,122


658,989




At 31 August 2022

285,639


-


13,491


683,728




WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)



NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2023


5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Trade debtors

84,244


11,727




Other debtors

1,770


1,425




Accrued income

-


11,000



86,014


24,152




6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Bank loans and overdrafts

50,000


50,000




Directors loan

20,000


20,000




Trade creditors

517


719




Social security and other taxes

22,751


-




Other creditors

9,686


-




Fees in advance

473,127


327,597




Deposits held

70,000


101,756




Directors' current accounts

1,828


1,828




Accruals and deferred income

8,250


8,760



656,159


510,660




7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR


2023

2022


£   

£   



Bank loans - 1-2 years

50,000


50,000




Bank loans - 2-5 years

70,833


120,943



120,833


170,943




8.

LEASING AGREEMENTS



Minimum lease payments under non-cancellable operating leases fall due as follows:

2023

2022


£   

£   



Within one year

11,215


5,526




Between one and five years

-


3,684



11,215


9,210




9.

PROVISIONS FOR LIABILITIES

2023

2022


£   

£   



Deferred tax

61,172


30,909




WOODCOTE HOUSE SCHOOL LIMITED (REGISTERED NUMBER: 00570660)



NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2023


9.

PROVISIONS FOR LIABILITIES - continued



Deferred



tax


£   



Balance at 1 September 2022

30,909




Charge to Income Statement during year

30,263




Balance at 31 August 2023

61,172




10.

RESERVES


Retained


Revaluation



earnings


reserve


Totals

£   

£   

£   




At 1 September 2022

501,450


1,311


502,761




Deficit for the year

(6,868

)

(6,868

)



At 31 August 2023

494,582


1,311


495,893