Harlequins Theatre School Ltd


FINANCIAL STATEMENTS


for the year ended 31st August 2024



Harlequins Theatre School Ltd

CONTENTS

for the year ended 31st August 2024







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Harlequins Theatre School Ltd

Company No. 10353733

STATEMENT OF FINANCIAL POSITION

as at 31st August 2024

20242023
Note£££
FIXED ASSETS
Property, plant and equipment462527770
62527770
CURRENT ASSETS
Debtors52053815913
Cash at bank and in hand33381615
2387617528
CURRENT LIABILITIES
Creditors: amounts falling due
within one year62884619251
NET CURRENT LIABILITIES(4970)(1723)
TOTAL ASSETS LESS CURRENT LIABILITIES12826047
 
Creditors: amounts falling due
after more than one year7-5750
 
NET ASSETS1282297
 
CAPITAL AND RESERVES
Called up share capital22
Retained earnings1280295
SHAREHOLDERS FUNDS1282297

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 31st August 2024 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

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

Approved by the Board on 28 April 2025


Mrs D A Elwell

Director

Company Number 10353733 (England)

Harlequins Theatre School Ltd

NOTES TO THE ACCOUNTS

for the year ended 31st August 2024


1   Statutory information

Harlequins Theatre School Ltd is a private company limited by shares and registered under company number 10353733 in England. Its registered office address is 289,Chipperfield Road, Bromley, England, BR5 2LR.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles20-25% reducing balance

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

3   Employee information

The average number of employees during the accounting period was 2 (2023 - 2).

4   Property, plant and equipment
 
PlantFixtures
andand
MachineryFittingsTotal
£££
Cost
At 1st September 2023 and
At 31st August 202413113165514768
 
Depreciation
At 1st September 2023 60419576998
Charge for year14141041518
At 31st August 2024745510618516
 
Net Book Value
At 31st August 202456585946252
At 31st August 202370726987770

5   Debtors20242023
££
 
Other debtors2053815913
2053815913

6   Creditors: amounts falling due within one year20242023
££
 
Loans and Overdrafts57503000
Corporation tax71555857
Other creditors18411332
Accruals and deferred income141009062
2884619251

7   Creditors: amounts falling due after one year20242023
££
 
Loans and Overdrafts-5750
-5750

8   Loans20242023
££
Analysis of maturity of debt:
 
Within one year57503000
Between one and five years-5750
57508750

9   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20242023
££
 
Mrs D A Elwell369138
Miss Z Carver369138
738276

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