Company registration number: 05841247
Unaudited financial statements
for the year ended 31 August 2024
for
Llangattock School Ltd
Pages for filing with the Registrar
Company registration number: 05841247
Llangattock School Ltd
Balance sheet
as at 31 August 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 811,426 612,581
811,426 612,581
Current assets
Debtors 334,552 404,224
Cash at bank and in hand 458,362 520,056
792,914 924,280
Creditors: amounts falling due within one
year
(743,002) (1,038,759)
Net current assets/(liabilities) 49,912 (114,479)
Total assets less current liabilities 861,338 498,102
Provisions for liabilities (15,380) -
NET ASSETS 845,958 498,102
Capital and reserves
Called up share capital 2 2
Profit and loss account 845,956 498,100
TOTAL EQUITY 845,958 498,102
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05841247
Llangattock School Ltd
Balance sheet - continued
as at 31 August 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Ms R Whaley, Director
8 April 2025
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Llangattock School Ltd
Notes to the financial statements
for the year ended 31 August 2024
1 Company information
Llangattock School Ltd is a private company registered in England and Wales. Its registered number is 05841247. The company is limited by shares. Its registered office is Bryn Heulwen, Llangattock, Monmouth, Gwent, NP25 5NG.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - Freehold land is not deprecitated.


Short leasehold property - 10% reducing balance
Plant and machinery etc.:
Plant and machinery - Plant and machinery is depreciated on a reducing
balance basis at the rates of 20% and 33% depending
on the nature of the asset.
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Llangattock School Ltd
Notes to the financial statements - continued
for the year ended 31 August 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 45 (2023 - 45).
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 1 September 2023 600,000 37,283 637,283
Additions 183,224 49,216 232,440
At 31 August 2024 783,224 86,499 869,723
Depreciation
At 1 September 2023 - 24,702 24,702
Charge for year 18,841 14,754 33,595
At 31 August 2024 18,841 39,456 58,297
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Llangattock School Ltd
Notes to the financial statements - continued
for the year ended 31 August 2024
4 Tangible fixed assets - continued
Net book value
At 31 August 2024 764,383 47,043 811,426
At 31 August 2023 600,000 12,581 612,581
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023.
2024 2023
£ £
Ms Rosemary Whaley
Balance outstanding at start of year (257,624) 206,859
Amounts advanced 401,415 426,341
Amounts repaid (94,320) (890,824)
Balance outstanding at end of year 49,471 (257,624)
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