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REGISTERED NUMBER: 06347935 (England and Wales)












Financial Statements

for the Year Ended 31st December 2023

for

BOURNEMOUTH MONTESSORI CENTRE LIMITED

BOURNEMOUTH MONTESSORI CENTRE LIMITED (REGISTERED NUMBER: 06347935)

Contents of the Financial Statements
for the year ended 31st December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOURNEMOUTH MONTESSORI CENTRE LIMITED

Company Information
for the year ended 31st December 2023







DIRECTORS: Mrs M Barnes
Mrs C M Warren



SECRETARY: Mrs C M Warren



REGISTERED OFFICE: 1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR



REGISTERED NUMBER: 06347935 (England and Wales)



ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR



BANKERS: Barclays Bank
Bournemouth Town Branch
P.O. Box 1
Bournemouth
Dorset
BH1 1ER

BOURNEMOUTH MONTESSORI CENTRE LIMITED (REGISTERED NUMBER: 06347935)

Balance Sheet
31st December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 33,412 41,024
33,412 41,024

CURRENT ASSETS
Debtors 6 32,467 41,717
Investments 7 18,745 98,995
Cash at bank and in hand 799,529 592,597
850,741 733,309
CREDITORS
Amounts falling due within one year 8 116,062 68,762
NET CURRENT ASSETS 734,679 664,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

768,091

705,571

CREDITORS
Amounts falling due after more than one year 9 (29,164 ) (31,289 )

PROVISIONS FOR LIABILITIES (558 ) (750 )
NET ASSETS 738,369 673,532

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 738,270 673,433
SHAREHOLDERS' FUNDS 738,369 673,532

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

BOURNEMOUTH MONTESSORI CENTRE LIMITED (REGISTERED NUMBER: 06347935)

Balance Sheet - continued
31st December 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 5th September 2024 and were signed on its behalf by:





Mrs C M Warren - Director


BOURNEMOUTH MONTESSORI CENTRE LIMITED (REGISTERED NUMBER: 06347935)

Notes to the Financial Statements
for the year ended 31st December 2023


1. STATUTORY INFORMATION

BOURNEMOUTH MONTESSORI CENTRE 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 invoiced sales of services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

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.
Fixtures, fittings & equipment - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

BOURNEMOUTH MONTESSORI CENTRE LIMITED (REGISTERED NUMBER: 06347935)

Notes to the Financial Statements - continued
for the year ended 31st December 2023


2. ACCOUNTING POLICIES - continued

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 36 (2022 - 29 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2023
and 31st December 2023 60,000
AMORTISATION
At 1st January 2023
and 31st December 2023 60,000
NET BOOK VALUE
At 31st December 2023 -
At 31st December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor Computer
& equipment vehicles equipment Totals
£    £    £    £   
COST
At 1st January 2023 32,941 46,000 8,006 86,947
Additions 1,367 - 2,161 3,528
At 31st December 2023 34,308 46,000 10,167 90,475
DEPRECIATION
At 1st January 2023 30,881 9,200 5,842 45,923
Charge for year 858 9,200 1,082 11,140
At 31st December 2023 31,739 18,400 6,924 57,063
NET BOOK VALUE
At 31st December 2023 2,569 27,600 3,243 33,412
At 31st December 2022 2,060 36,800 2,164 41,024

BOURNEMOUTH MONTESSORI CENTRE LIMITED (REGISTERED NUMBER: 06347935)

Notes to the Financial Statements - continued
for the year ended 31st December 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 31,665 29,764
Other debtors 802 11,953
32,467 41,717

7. CURRENT ASSET INVESTMENTS
31/12/23 31/12/22
£    £   
Other 18,745 98,995

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts 2,833 3,541
Trade creditors 44,810 10,517
Taxation and social security 40,174 25,471
Other creditors 28,245 29,233
116,062 68,762

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts 29,164 31,289

10. SECURED DEBTS

The company has a bank overdraft facility which is secured by way of a personal guarantee by the company's directors.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The above loans are subject to the official rate of interest.

12. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.