IRIS Accounts Production v24.3.0.553 05728330 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057283302023-03-31057283302024-03-31057283302023-04-012024-03-31057283302022-03-31057283302022-04-012023-03-31057283302023-03-3105728330ns15:EnglandWales2023-04-012024-03-3105728330ns14:PoundSterling2023-04-012024-03-3105728330ns10:Director12023-04-012024-03-3105728330ns10:Director22023-04-012024-03-3105728330ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105728330ns10:SmallEntities2023-04-012024-03-3105728330ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105728330ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105728330ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105728330ns10:FullAccounts2023-04-012024-03-3105728330ns10:OrdinaryShareClass12023-04-012024-03-3105728330ns10:CompanySecretary12023-04-012024-03-3105728330ns10:RegisteredOffice2023-04-012024-03-3105728330ns5:CurrentFinancialInstruments2024-03-3105728330ns5:CurrentFinancialInstruments2023-03-3105728330ns5:ShareCapital2024-03-3105728330ns5:ShareCapital2023-03-3105728330ns5:RetainedEarningsAccumulatedLosses2024-03-3105728330ns5:RetainedEarningsAccumulatedLosses2023-03-3105728330ns5:PlantMachinery2023-04-012024-03-3105728330ns5:FurnitureFittings2023-04-012024-03-3105728330ns5:ComputerEquipment2023-04-012024-03-3105728330ns5:PlantMachinery2023-03-3105728330ns5:FurnitureFittings2023-03-3105728330ns5:ComputerEquipment2023-03-3105728330ns5:PlantMachinery2024-03-3105728330ns5:FurnitureFittings2024-03-3105728330ns5:ComputerEquipment2024-03-3105728330ns5:PlantMachinery2023-03-3105728330ns5:FurnitureFittings2023-03-3105728330ns5:ComputerEquipment2023-03-3105728330ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3105728330ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3105728330ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 05728330 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

British Boarding Schools Network Ltd

British Boarding Schools Network Ltd (Registered number: 05728330)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


British Boarding Schools Network Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr A I Rowse
Mrs S F Rowse





SECRETARY: Mrs S F Rowse





REGISTERED OFFICE: Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG





BUSINESS ADDRESS: 83 Lions Lane
Ashley Heath
RINGWOOD
Hampshire
BH24 2HJ





REGISTERED NUMBER: 05728330 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG

British Boarding Schools Network Ltd (Registered number: 05728330)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,180 62,144

CURRENT ASSETS
Debtors 5 81,934 60,835
Cash at bank 689,994 571,143
771,928 631,978
CREDITORS
Amounts falling due within one year 6 476,192 377,898
NET CURRENT ASSETS 295,736 254,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

357,916

316,224

PROVISIONS FOR LIABILITIES 15,545 15,536
NET ASSETS 342,371 300,688

CAPITAL AND RESERVES
Called up share capital 7 20 20
Retained earnings 342,351 300,668
SHAREHOLDERS' FUNDS 342,371 300,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

British Boarding Schools Network Ltd (Registered number: 05728330)

Balance Sheet - continued
31 March 2024


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 15 October 2024 and were signed on its behalf by:




Mr A I Rowse - Director



Mrs S F Rowse - Director


British Boarding Schools Network Ltd (Registered number: 05728330)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

British Boarding Schools Network Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 net invoiced sales of services, excluding value added tax. Turnover from workshops is recognised in the month in which the event takes place. Turnover from the annual subscriptions to the 'Connected' service is spread evenly over the period of the subscription.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on cost and 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
IT and website - 33% 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.

British Boarding Schools Network Ltd (Registered number: 05728330)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

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 10 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Office and IT and
equipment fittings website Totals
£    £    £    £   
COST
At 1 April 2023 78,375 5,919 274,745 359,039
Additions 3,486 - 32,112 35,598
Disposals (11,095 ) - - (11,095 )
At 31 March 2024 70,766 5,919 306,857 383,542
DEPRECIATION
At 1 April 2023 62,485 3,866 230,544 296,895
Charge for year 6,334 516 27,261 34,111
Eliminated on disposal (9,644 ) - - (9,644 )
At 31 March 2024 59,175 4,382 257,805 321,362
NET BOOK VALUE
At 31 March 2024 11,591 1,537 49,052 62,180
At 31 March 2023 15,890 2,053 44,201 62,144

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 73,696 47,141
Other debtors 8,238 13,694
81,934 60,835

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,608 5,947
Taxation and social security 203,007 132,660
Other creditors 271,577 239,291
476,192 377,898

British Boarding Schools Network Ltd (Registered number: 05728330)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
20 Ordinary £1 20 20