Company Registration No. 10797169 (England and Wales)
American Dance School Ltd
Unaudited accounts
for the year ended 30 June 2024
American Dance School Ltd
Unaudited accounts
Contents
American Dance School Ltd
Company Information
for the year ended 30 June 2024
Director
Jillian Weinstein
Company Number
10797169 (England and Wales)
Registered Office
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
American Dance School Ltd
Accountants' report
Accountants' report to the director of American Dance School Ltd on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
American Dance School Ltd for the year ended
30 June 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of American Dance School Ltd, as a body, in accordance with the terms of our engagement letter dated 1 June 2018. Our work has been undertaken solely to prepare for your approval the accounts of American Dance School Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than American Dance School Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that American Dance School Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of American Dance School Ltd. You consider that American Dance School Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of American Dance School Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
19 June 2024
American Dance School Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
3,333
1,428
Cash at bank and in hand
(739)
1,523
Creditors: amounts falling due within one year
(8,856)
(8,727)
Net current (liabilities)/assets
(100)
726
Called up share capital
1
1
Profit and loss account
3,232
2,153
Shareholders' funds
3,233
2,154
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 June 2024 and were signed on its behalf by
Jillian Weinstein
Director
Company Registration No. 10797169
American Dance School Ltd
Notes to the Accounts
for the year ended 30 June 2024
American Dance School Ltd is a private company, limited by shares, registered in England and Wales, registration number 10797169. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OXFORDSHIRE, OX12 8AT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
American Dance School Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
1,489
900
879
3,268
At 30 June 2024
1,489
900
3,403
5,792
At 1 July 2023
995
568
277
1,840
Charge for the year
123
83
413
619
At 30 June 2024
1,118
651
690
2,459
At 30 June 2024
371
249
2,713
3,333
At 30 June 2023
494
332
602
1,428
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,937
6,622
Loans from directors
13
99
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).