Escapade Dance Academy Ltd 13556861 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is teaching dance classes Digita Accounts Production Advanced 6.30.9574.0 true 13556861 2023-09-01 2024-08-31 13556861 2024-08-31 13556861 bus:Director1 1 2024-08-31 13556861 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-08-31 13556861 core:CurrentFinancialInstruments 2024-08-31 13556861 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 13556861 core:OtherPropertyPlantEquipment 2024-08-31 13556861 bus:SmallEntities 2023-09-01 2024-08-31 13556861 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 13556861 bus:FilletedAccounts 2023-09-01 2024-08-31 13556861 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13556861 bus:Director1 2023-09-01 2024-08-31 13556861 bus:Director1 1 2023-09-01 2024-08-31 13556861 bus:HighestPaidDirector 2023-09-01 2024-08-31 13556861 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-09-01 2024-08-31 13556861 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13556861 core:OtherPropertyPlantEquipment 2023-09-01 2024-08-31 13556861 core:PlantMachinery 2023-09-01 2024-08-31 13556861 countries:EnglandWales 2023-09-01 2024-08-31 13556861 2023-08-31 13556861 bus:Director1 1 2023-08-31 13556861 core:OtherPropertyPlantEquipment 2023-08-31 13556861 2022-09-01 2023-08-31 13556861 2023-08-31 13556861 bus:Director1 1 2023-08-31 13556861 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-08-31 13556861 core:CurrentFinancialInstruments 2023-08-31 13556861 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 13556861 core:OtherPropertyPlantEquipment 2023-08-31 13556861 bus:Director1 1 2022-09-01 2023-08-31 13556861 bus:HighestPaidDirector 2022-09-01 2023-08-31 13556861 bus:Director1 1 2022-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13556861

Escapade Dance Academy Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 August 2024

 

Escapade Dance Academy Ltd

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 7

 

Escapade Dance Academy Ltd

(Registration number: 13556861)
Abridged Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

172

229

Current assets

 

Debtors

4

116

195

Cash at bank and in hand

 

525

480

 

641

675

Prepayments and accrued income

 

137

131

Creditors: Amounts falling due within one year

(3,735)

(3,122)

Net current liabilities

 

(2,957)

(2,316)

Total assets less current liabilities

 

(2,785)

(2,087)

Accruals and deferred income

 

(614)

(1,447)

Net liabilities

 

(3,399)

(3,534)

Capital and reserves

 

Called up share capital

5

1

1

Retained earnings

(3,400)

(3,535)

Shareholders' deficit

 

(3,399)

(3,534)

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Escapade Dance Academy Ltd

(Registration number: 13556861)
Abridged Balance Sheet as at 31 August 2024

Approved and authorised by the director on 16 October 2024
 

.........................................
Miss Helen Marie Sharon Pilkington
Director

 

Escapade Dance Academy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% Reducing balance method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Escapade Dance Academy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Escapade Dance Academy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

3

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 September 2023

305

305

At 31 August 2024

305

305

Depreciation

At 1 September 2023

76

76

Charge for the year

57

57

At 31 August 2024

133

133

Carrying amount

At 31 August 2024

172

172

At 31 August 2023

229

229

4

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

6

Related party transactions

 

Escapade Dance Academy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Transactions with the director

2024

At 1 September 2023
£

At 31 August 2024
£

Miss Helen Marie Sharon Pilkington

Directors loan

(2,920)

(2,920)

2023

At 1 September 2022
£

At 31 August 2023
£

Miss Helen Marie Sharon Pilkington

Directors loan

(2,920)

(2,920)

 

Escapade Dance Academy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

4,850

4,260

In respect of the highest paid director:

2024
£

2023
£

Remuneration

4,850

4,260