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REGISTERED NUMBER: 09738548 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

LADY LANE PARK SCHOOL LIMITED

LADY LANE PARK SCHOOL LIMITED (Registered number: 09738548)






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


LADY LANE PARK 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: 09738548 (England and Wales)

LADY LANE PARK SCHOOL LIMITED (Registered number: 09738548)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 59,719 65,704
Tangible assets 5 - 469
59,719 66,173

CURRENT ASSETS
Debtors 6 1,806,355 1,370,341
Cash at bank 16,585 23,144
1,822,940 1,393,485
CREDITORS
Amounts falling due within one year 7 556,692 314,156
NET CURRENT ASSETS 1,266,248 1,079,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,325,967

1,145,502

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,325,966 1,145,501
SHAREHOLDERS' FUNDS 1,325,967 1,145,502

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


LADY LANE PARK SCHOOL LIMITED (Registered number: 09738548)

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

1. STATUTORY INFORMATION

LADY LANE PARK 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 - 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.

LADY LANE PARK SCHOOL LIMITED (Registered number: 09738548)

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 32 (2022 - 32 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 119,711
AMORTISATION
At 1 September 2022 54,007
Charge for year 5,985
At 31 August 2023 59,992
NET BOOK VALUE
At 31 August 2023 59,719
At 31 August 2022 65,704

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2022
and 31 August 2023 141,082
DEPRECIATION
At 1 September 2022 140,613
Charge for year 469
At 31 August 2023 141,082
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 469

6. DEBTORS
31.8.23 31.8.22
£    £   
Amounts falling due within one year:
Trade debtors 157,049 8,822
Prepayments and accrued income 16,758 -
Prepayments 17,630 5,906
191,437 14,728

LADY LANE PARK SCHOOL LIMITED (Registered number: 09738548)

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 1,464,918 1,355,613
Other debtors 150,000 -
1,614,918 1,355,613

Aggregate amounts 1,806,355 1,370,341

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 31,559 15,074
Social security and other taxes 40,612 38,847
Other creditors 484,521 260,235
556,692 314,156

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.