Blythe Hall Limited 05617230 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is general secondary education. Digita Accounts Production Advanced 6.30.9574.0 true 05617230 2023-09-01 2024-08-31 05617230 2024-08-31 05617230 bus:OrdinaryShareClass1 2024-08-31 05617230 core:CurrentFinancialInstruments 2024-08-31 05617230 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 05617230 core:FurnitureFittings 2024-08-31 05617230 core:MotorVehicles 2024-08-31 05617230 core:OfficeEquipment 2024-08-31 05617230 core:PlantMachinery 2024-08-31 05617230 bus:SmallEntities 2023-09-01 2024-08-31 05617230 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 05617230 bus:FilletedAccounts 2023-09-01 2024-08-31 05617230 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05617230 bus:RegisteredOffice 2023-09-01 2024-08-31 05617230 bus:Director1 2023-09-01 2024-08-31 05617230 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 05617230 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05617230 core:FurnitureFittings 2023-09-01 2024-08-31 05617230 core:MotorVehicles 2023-09-01 2024-08-31 05617230 core:OfficeEquipment 2023-09-01 2024-08-31 05617230 core:PlantMachinery 2023-09-01 2024-08-31 05617230 countries:EnglandWales 2023-09-01 2024-08-31 05617230 2023-08-31 05617230 core:FurnitureFittings 2023-08-31 05617230 core:MotorVehicles 2023-08-31 05617230 core:OfficeEquipment 2023-08-31 05617230 core:PlantMachinery 2023-08-31 05617230 2022-09-01 2023-08-31 05617230 2023-08-31 05617230 bus:OrdinaryShareClass1 2023-08-31 05617230 core:CurrentFinancialInstruments 2023-08-31 05617230 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 05617230 core:FurnitureFittings 2023-08-31 05617230 core:MotorVehicles 2023-08-31 05617230 core:OfficeEquipment 2023-08-31 05617230 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05617230

Blythe Hall Limited

trading as Lionheart Education

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Blythe Hall Limited

trading as Lionheart Education

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 7

 

Blythe Hall Limited

trading as Lionheart Education

(Registration number: 05617230)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

43,997

50,188

Current assets

 

Debtors

5

168,698

292,213

Cash at bank and in hand

 

353,041

282,259

 

521,739

574,472

Creditors: Amounts falling due within one year

6

(399,281)

(435,069)

Net current assets

 

122,458

139,403

Net assets

 

166,455

189,591

Capital and reserves

 

Called up share capital

7

100

100

Profit and loss account

166,355

189,491

Shareholders' funds

 

166,455

189,591

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.

Directors' 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 directors acknowledge their 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.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 March 2025 and signed on its behalf by:
 

.........................................
R Syme
Director

 

Blythe Hall Limited

trading as Lionheart Education

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Blythe Hall
100 Blythe Road
London
W14 0HB
England

These financial statements were authorised for issue by the Board on 25 March 2025.

2

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 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 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.

The financial statements are presented in Sterling (£), which is also the company’s functional currency. Monetary amounts have been presented to the nearest pound (£).

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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

Blythe Hall Limited

trading as Lionheart Education

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

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% Straight line

Fixtures and fittings

25% Straight line

Motor vehicles

25% Straight line

Office equipment

25% Straight line

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.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Blythe Hall Limited

trading as Lionheart Education

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2023 - 10).

 

Blythe Hall Limited

trading as Lionheart Education

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

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 September 2023

60,514

7,343

25,590

24,995

118,442

Additions

9,822

-

11,170

-

20,992

Disposals

-

-

(4,958)

-

(4,958)

At 31 August 2024

70,336

7,343

31,802

24,995

134,476

Depreciation

At 1 September 2023

44,891

6,900

8,131

8,332

68,254

Charge for the year

11,552

133

9,043

6,248

26,976

Eliminated on disposal

-

-

(4,751)

-

(4,751)

At 31 August 2024

56,443

7,033

12,423

14,580

90,479

Carrying amount

At 31 August 2024

13,893

310

19,379

10,415

43,997

At 31 August 2023

15,623

443

17,459

16,663

50,188

 

Blythe Hall Limited

trading as Lionheart Education

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

5

Debtors

Current

2024
£

2023
£

Trade debtors

132,583

189,553

Prepayments

35,392

43,853

Other debtors

723

58,807

 

168,698

292,213

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

30,094

47,609

Taxation and social security

20,921

8,019

Accruals and deferred income

100,808

308,380

Other creditors

247,458

71,061

399,281

435,069

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       
 

Blythe Hall Limited

trading as Lionheart Education

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

8

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

At the year end, the company had future minimum lease payments due under non-cancellable operating leases totalling £532,500 (2023 - £622,500).

9

Related party transactions

Included within other debtors is an amount of £723 owed by the directors to the company (2023: £1,270 owed by the company to the directors). These amounts are provided interest free and are unsecured. There are no formal terms and conditions regarding repayment of these balances.

Included within other debtors is an amount of £nil (2023: £50,000) owed by companies under common control. The loans are provided interest free and are unsecured. There are no formal terms and conditions regarding repayment of these loans.