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REGISTERED NUMBER: 09738509 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

ABBOTSFORD PREPARATORY SCHOOL LIMITED

ABBOTSFORD PREPARATORY SCHOOL LIMITED (Registered number: 09738509)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABBOTSFORD PREPARATORY SCHOOL LIMITED

Company Information
for the Year Ended 31 August 2023







DIRECTORS: A Khan
P Buss
R Stattersfield





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





REGISTERED NUMBER: 09738509 (England and Wales)

ABBOTSFORD PREPARATORY SCHOOL LIMITED (Registered number: 09738509)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 22,909 25,151
Tangible assets 5 42,118 59,724
65,027 84,875

CURRENT ASSETS
Debtors 6 2,021,387 1,635,439
Cash at bank 29,214 72,835
2,050,601 1,708,274
CREDITORS
Amounts falling due within one year 7 587,909 260,358
NET CURRENT ASSETS 1,462,692 1,447,916
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,527,719

1,532,791

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,527,718 1,532,790
SHAREHOLDERS' FUNDS 1,527,719 1,532,791

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 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


ABBOTSFORD PREPARATORY SCHOOL LIMITED (Registered number: 09738509)

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

1. STATUTORY INFORMATION

ABBOTSFORD PREPARATORY 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 represents the school fees invoiced over the course of an academic year.

Other income which is incidental to the fee income is recognised as and when received.

Goodwill
The company has taken over the trade of the school from a fellow group company. The Directors believe an amortisation rate of 20 years still accurately reflects its benefits to the new company and therefore the remaining goodwill held in the balance sheet is being amortised evenly over its remaining useful economic life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 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.

ABBOTSFORD PREPARATORY SCHOOL LIMITED (Registered number: 09738509)

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 36 (2022 - 36 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 44,841
AMORTISATION
At 1 September 2022 19,690
Charge for year 2,242
At 31 August 2023 21,932
NET BOOK VALUE
At 31 August 2023 22,909
At 31 August 2022 25,151

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2022
and 31 August 2023 234,708
DEPRECIATION
At 1 September 2022 174,984
Charge for year 17,606
At 31 August 2023 192,590
NET BOOK VALUE
At 31 August 2023 42,118
At 31 August 2022 59,724

6. DEBTORS
31.8.23 31.8.22
£    £   
Amounts falling due within one year:
Trade debtors 152,172 83,416
Other debtors and prepayments 121,000 -
Prepayments 4,130 2,919
277,302 86,335

ABBOTSFORD PREPARATORY SCHOOL LIMITED (Registered number: 09738509)

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

6. DEBTORS - continued
31.8.23 31.8.22
£    £   
Amounts falling due after more than one year:
Amounts owed by group undertakings 1,744,085 1,549,104

Aggregate amounts 2,021,387 1,635,439

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 60,868 36,320
Social security and other taxes 41,654 38,207
Other creditors 485,387 181,359
Accruals and deferred income - 4,472
587,909 260,358

8. RELATED PARTY DISCLOSURES

During the year, Alpha Schools Holdings Limited charged £ 94,743 (2023 £ 93,485) in head office charges

9. ULTIMATE CONTROLLING PARTY

The parent entity of the company is Alpha Schools Holdings Limited.

Mr A Khan is the ultimate controlling party owning the majority of the issued share capital of the parent company.