Company Registration No. 3454480 (England and Wales)
The Bury Language School Limited
Unaudited accounts
for the year ended 30 June 2024
The Bury Language School Limited
Unaudited accounts
Contents
The Bury Language School Limited
Company Information
for the year ended 30 June 2024
Director
Mr Patrick A J Murphy
Company Number
3454480 (England and Wales)
Registered Office
8 Springfield Road
Bury St Edmunds
Suffolk
IP33 3AN
Accountants
Merry Accountancy Services Ltd
6 Downing Drive
Great Barton
Bury St Edmunds
Suffolk
IP31 2RP
The Bury Language School Limited
Statement of financial position
as at 30 June 2024
Tangible assets
1,648
1,092
Cash at bank and in hand
665,350
470,453
Creditors: amounts falling due within one year
(421,779)
(391,442)
Net current assets
243,571
371,011
Net assets
245,219
372,103
Called up share capital
100
100
Profit and loss account
245,119
372,003
Shareholders' funds
245,219
372,103
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 his 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 18 July 2024 and were signed on its behalf by
Mr Patrick A J Murphy
Director
Company Registration No. 3454480
The Bury Language School Limited
Notes to the Accounts
for the year ended 30 June 2024
The Bury Language School Limited is a private company, limited by shares, registered in England and Wales, registration number 3454480. The registered office is 8 Springfield Road, Bury St Edmunds, Suffolk, IP33 3AN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per annum straight line
4
Tangible fixed assets
Plant & machinery
The Bury Language School Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
-
272,505
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
275,781
312,818
Taxes and social security
111,778
48,587
Other creditors
25,339
20,603
Loans from directors
381
2,234
Allotted, called up and fully paid:
90 A Ordinary shares of £1 each
90
90
10 B ordinary Shares of £1 each
10
10
The Bury Language School Ltd is now a wholly owned subsidiary of Bury Language School Property Ltd. The entire share capital of the company was purchased on 31.05.2017 with a share for share transfer between the holding company and the subsidiary.
9
Average number of employees
During the year the average number of employees was 14 (2023: 14).