smallAccCompHo_0921.xslt
Company Registration No. 10823105 (England and Wales)
OLIVER MASON ACADEMY LIMITED
Financial Statements
for the Period from 01 July 2023 to 30 June 2024

OLIVER MASON ACADEMY LIMITED

Financial Statements for the period ending 30 June 2024

OLIVER MASON ACADEMY LIMITED

Financial Statements for the period ending 30 June 2024

Notes to the Accounts

1. Statutory Information
OLIVER MASON ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10823105.
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 Section1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,rebates, value added tax and other sales taxes.

OLIVER MASON ACADEMY LIMITED

Financial Statements for the period ending 30 June 2024

Notes to the Accounts

Current Tax
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 statement of financial position date.
Tangible Fixed Asset Policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 25% on reducing balance

OLIVER MASON ACADEMY LIMITED

Financial Statements for the period ending 30 June 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 1
2023 1
4. Principal Activity
The principal activity of the company in the year under review was that of performing arts.

OLIVER MASON ACADEMY LIMITED

Financial Statements for the period ending 30 June 2024

Notes to the Accounts

5. Fixed Assets
Computer Equipment Total
Cost or valuation £ £
At 01/07/2023 1,572 1,572
Additions - -
At 30/06/2024 1,572 1,572
Depreciation
At 01/07/2023 1,082 1,082
Charge for the year 123 123
At 30/06/2024 1,205 1,205
Net Book Value
At 30/06/2024 367 367
At 30/06/2023 490 490