Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31falsefalse2023-09-01falsepreschool & primary education115105trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04026645 2023-09-01 2024-08-31 04026645 2022-09-01 2023-08-31 04026645 2024-08-31 04026645 2023-08-31 04026645 c:Director1 2023-09-01 2024-08-31 04026645 d:Buildings 2023-09-01 2024-08-31 04026645 d:Buildings 2024-08-31 04026645 d:Buildings 2023-08-31 04026645 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04026645 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 04026645 d:Buildings d:LongLeaseholdAssets 2024-08-31 04026645 d:Buildings d:LongLeaseholdAssets 2023-08-31 04026645 d:PlantMachinery 2023-09-01 2024-08-31 04026645 d:PlantMachinery 2024-08-31 04026645 d:PlantMachinery 2023-08-31 04026645 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04026645 d:MotorVehicles 2023-09-01 2024-08-31 04026645 d:MotorVehicles 2024-08-31 04026645 d:MotorVehicles 2023-08-31 04026645 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04026645 d:FurnitureFittings 2023-09-01 2024-08-31 04026645 d:FurnitureFittings 2024-08-31 04026645 d:FurnitureFittings 2023-08-31 04026645 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04026645 d:OtherPropertyPlantEquipment 2023-09-01 2024-08-31 04026645 d:OtherPropertyPlantEquipment 2024-08-31 04026645 d:OtherPropertyPlantEquipment 2023-08-31 04026645 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04026645 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04026645 d:Goodwill 2023-09-01 2024-08-31 04026645 d:Goodwill 2024-08-31 04026645 d:Goodwill 2023-08-31 04026645 d:CurrentFinancialInstruments 2024-08-31 04026645 d:CurrentFinancialInstruments 2023-08-31 04026645 d:Non-currentFinancialInstruments 2024-08-31 04026645 d:Non-currentFinancialInstruments 2023-08-31 04026645 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04026645 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04026645 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 04026645 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 04026645 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 04026645 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 04026645 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-08-31 04026645 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-08-31 04026645 d:ShareCapital 2024-08-31 04026645 d:ShareCapital 2023-08-31 04026645 d:RetainedEarningsAccumulatedLosses 2024-08-31 04026645 d:RetainedEarningsAccumulatedLosses 2023-08-31 04026645 c:FRS102 2023-09-01 2024-08-31 04026645 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04026645 c:FullAccounts 2023-09-01 2024-08-31 04026645 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04026645 2 2023-09-01 2024-08-31 04026645 6 2023-09-01 2024-08-31 04026645 d:Goodwill d:OwnedIntangibleAssets 2023-09-01 2024-08-31 04026645 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 04026645









SOUTH HILLS SCHOOL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
SOUTH HILLS SCHOOL LIMITED
REGISTERED NUMBER: 04026645

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
94,243
121,485

Tangible assets
 5 
239,839
250,899

Investments
 6 
1
1

  
334,083
372,385

Current assets
  

Debtors: amounts falling due within one year
 7 
139,052
150,586

Cash at bank and in hand
 8 
174,843
272,498

  
313,895
423,084

Creditors: amounts falling due within one year
 9 
(127,047)
(161,430)

Net current assets
  
 
 
186,848
 
 
261,654

Total assets less current liabilities
  
520,931
634,039

Creditors: amounts falling due after more than one year
 10 
(154,587)
(178,429)

  

Net assets
  
366,344
455,610


Capital and reserves
  

Called up share capital 
  
202
202

Profit and loss account
  
366,142
455,408

  
366,344
455,610


Page 1

 
SOUTH HILLS SCHOOL LIMITED
REGISTERED NUMBER: 04026645
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 March 2025.




................................................
Reverend J Proctor
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

South Hills School Limited is a private company limited by shares, incorporated in England and Wales. The principal activity throughout the year was that of providing preschool and primary education. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.9

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using a straight line method and on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Long-term leasehold property
-
Straight line over the life of the lease
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures, fittings and equipment
-
25% reducing balance
Property improvements
-
Straight line over 20 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 115 (2023 - 105).


4.


Intangible assets




Goodwill

£



Cost


At 1 September 2023
272,421



At 31 August 2024

272,421



Amortisation


At 1 September 2023
150,936


Charge for the year on owned assets
27,242



At 31 August 2024

178,178



Net book value



At 31 August 2024
94,243



At 31 August 2023
121,485



Page 6

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Freehold property
Long-term leasehold property
Plant and machinery
Motor vehicles
Fixtures, fittings and equipment

£
£
£
£
£



Cost or valuation


At 1 September 2023
215,660
53,032
56,565
26,449
137,890



At 31 August 2024

215,660
53,032
56,565
26,449
137,890



Depreciation


At 1 September 2023
-
53,032
50,274
23,388
114,310


Charge for the year on owned assets
-
-
4,218
801
5,897



At 31 August 2024

-
53,032
54,492
24,189
120,207



Net book value



At 31 August 2024
215,660
-
2,073
2,260
17,683



At 31 August 2023
215,660
-
6,291
3,061
23,580

Property improvements
Total

£
£



Cost or valuation


At 1 September 2023
131,397
620,993



At 31 August 2024

131,397
620,993



Depreciation


At 1 September 2023
129,090
370,094


Charge for the year on owned assets
144
11,060



At 31 August 2024

129,234
381,154



Net book value



At 31 August 2024
2,163
239,839



At 31 August 2023
2,307
250,899

Page 7

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 September 2023
1



At 31 August 2024
1





7.


Debtors

2024
2023
£
£


Trade debtors
123,620
135,430

Other debtors
9,097
7,612

Prepayments and accrued income
6,335
7,544

139,052
150,586



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
174,843
272,498

174,843
272,498


Page 8

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
21,679
21,679

Payments received on account
19,328
19,080

Trade creditors
29,339
26,578

Amounts owed to joint ventures
1
1

Corporation tax
528
36,047

Other taxation and social security
26,371
21,018

Other creditors
25,497
32,903

Accruals and deferred income
4,304
4,124

127,047
161,430


The following liabilities were secured:

2024
2023
£
£



Bank loan
13,346
13,346

13,346
13,346



The bank loan is secured.

Page 9

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
154,587
178,429

154,587
178,429


The following liabilities were secured:

2024
2023
£
£



Bank loan
154,587
156,837

154,587
156,837



The bank loan is secured.


11.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
21,679
21,679


Amounts falling due 2-5 years

Bank loans
48,618
58,630

Amounts falling due after more than 5 years

Bank loans
105,969
119,799

176,266
200,108



12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £50,755 (2023 - £44,081). Contributions totalling £22,385 (2023 - £30,334) were payable to the fund at the balance sheet date.

Page 10

 
SOUTH HILLS SCHOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

13.


Controlling party

There is no overall controlling party. 

 
Page 11