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REGISTERED NUMBER: 10401590 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED

THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED (Registered number: 10401590)






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


THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED

Company Information
for the Year Ended 31 August 2023







DIRECTORS: P Buss
R Stattersfield





REGISTERED OFFICE: 19 London Road
High Wycombe
Buckinghamshire
HP11 1BJ





REGISTERED NUMBER: 10401590 (England and Wales)

THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED (Registered number: 10401590)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 636 4,934

CURRENT ASSETS
Debtors 5 749,376 153,165
Cash at bank 158,699 55,082
908,075 208,247
CREDITORS
Amounts falling due within one year 6 858,636 339,914
NET CURRENT ASSETS/(LIABILITIES) 49,439 (131,667 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,075

(126,733

)

CREDITORS
Amounts falling due after more than one
year

7

349,780

-
NET LIABILITIES (299,705 ) (126,733 )

CAPITAL AND RESERVES
Called up share capital 100 85
Retained earnings (299,805 ) (126,818 )
(299,705 ) (126,733 )

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.

THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED (Registered number: 10401590)

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 29 August 2024 and were signed on its behalf by:





P Buss - Director


THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED (Registered number: 10401590)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

THE CHALFONTS INDEPENDENT GRAMMAR 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.
Fixtures and fittings - 25% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 28 ) .

THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED (Registered number: 10401590)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2022
and 31 August 2023 23,653
DEPRECIATION
At 1 September 2022 18,719
Charge for year 4,298
At 31 August 2023 23,017
NET BOOK VALUE
At 31 August 2023 636
At 31 August 2022 4,934

5. DEBTORS
31.8.23 31.8.22
£    £   
Amounts falling due within one year:
Trade debtors 120,284 14,374
Other debtors 20,000 -
Prepayments 20,946 5,811
161,230 20,185

Amounts falling due after more than one year:
Amounts owed by group undertakings - 72,991
Other debtors 588,146 59,989
588,146 132,980

Aggregate amounts 749,376 153,165

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 89,478 51,769
Social security and other taxes 40,990 34,059
Other creditors 728,168 254,086
858,636 339,914

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Amounts owed to group undertakings 349,780 -

THE CHALFONTS INDEPENDENT GRAMMAR SCHOOL
LIMITED (Registered number: 10401590)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. RELATED PARTY DISCLOSURES

Included in Other Debtors is £ 59,989 owed from Alpha Schools (Holdings) Limited.

A management Charge of £ 93,540 has been charged from Alpha School (Holdings) Limited

The directors has an interest in these Alpha School Holdings Limited

9. ULTIMATE CONTROLLING PARTY

The parent company is AS SOUTHERN LTD.

Mr A Khan is the ultimate controlling party having control of the issued share capital of the parent company.

The accounts have been prepared on a going concern basis as the group has pledged to support the company financially for as long as required.

10. GOING CONCERN

At the balance sheet date the company had a deficit on its balance sheet. The Directors were aware when they acquired this school it needed investment and have pledged to provide the necessary funds to financially support the company for as long as is required.