ROEDEAN SCHOOL ENTERPRISES LIMITED

Company Registration Number:
02921272 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

ROEDEAN SCHOOL ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ROEDEAN SCHOOL ENTERPRISES LIMITED

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

The principal activity of the company is conducting all trading activities for Roedean School. When the company is generating a profit, all taxable profits earned by the company usually are gifted to Roedean School.

Political and charitable donations

No charitable donation was made by the company under the gift aid scheme to the charity Roedean School (2023: £0).

Additional information

Preparation of the Accounts on a Going Concern Basis Roedean School continued to provide support to the company via an inter company balance during the year. As at the date of signing of these accounts, the amount due to the School has been cleared by the company, and the letter of support from the School is no longer required. Having regard to the above and after reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. Disclosure of Information to Auditors Insofar as each of the directors of the company at the date of approval of this report is aware there is no relevant audit information (information needed by the company’s auditor in connection with preparing the audit report) of which the company’s auditor is unaware. Each director has taken all of the steps that he/she should have taken as a director in order to make himself/herself aware of any relevant audit information and to establish that the company’s auditor is aware of that information. Director Liability Insurance Indemnity insurance up to the value of £5 million is provided for the Trustees and Roedean School Enterprises Limited (“RSEL”) Directors, the premiums are paid centrally for the whole group by Roedean School, and the total indemnity insurance paid by Roedean School in relation to the Trustees and RSEL Directors was £480 (2023: £480).



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Richard Stuart Poffley
Karoline Jane Molberg


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 May 2025

And signed on behalf of the board by:
Name: Richard Stuart Poffley
Status: Director

ROEDEAN SCHOOL ENTERPRISES LIMITED

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 490,034 491,956
Cost of sales: ( 403,512 ) ( 332,214 )
Gross profit(or loss): 86,522 159,742
Administrative expenses: ( 106,093 ) ( 159,310 )
Other operating income: 63,260 52,273
Operating profit(or loss): 43,689 52,705
Profit(or loss) before tax: 43,689 52,705
Profit(or loss) for the financial year: 43,689 52,705

ROEDEAN SCHOOL ENTERPRISES LIMITED

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,741 6,021
Total fixed assets: 1,741 6,021
Current assets
Stocks: 4 4,212 9,266
Debtors: 5 66,253 63,046
Cash at bank and in hand: 180,646 573,017
Total current assets: 251,111 645,329
Creditors: amounts falling due within one year: 6 ( 315,891 ) ( 758,078 )
Net current assets (liabilities): (64,780) (112,749)
Total assets less current liabilities: (63,039) ( 106,728)
Total net assets (liabilities): (63,039) (106,728)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (63,040 ) (106,729 )
Total Shareholders' funds: ( 63,039 ) (106,728)

The notes form part of these financial statements

ROEDEAN SCHOOL ENTERPRISES LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 27 May 2025
and signed on behalf of the board by:

Name: Richard Stuart Poffley
Status: Director

The notes form part of these financial statements

ROEDEAN SCHOOL ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is calculated to write down the cost less estimated residual value of tangible fixed assets by equal annual instalments over their expected useful lives. The period generally applicable is: Plant and machinery 3 years

    Other accounting policies

    STOCKS Stocks are stated at the lower of cost and net realisable value. CASH Cash at bank and in hand is defined as all cash held in instant access bank accounts and used as working capital. DEBTORS AND CREDITORS Short term debtors are measured at transaction price less any impairment. Short term creditors are measured at the transaction price

ROEDEAN SCHOOL ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

ROEDEAN SCHOOL ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 43,111 43,111
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 August 2024 43,111 43,111
Depreciation
At 1 September 2023 37,090 37,090
Charge for year 4,280 4,280
On disposals 0 0
Other adjustments 0 0
At 31 August 2024 41,370 41,370
Net book value
At 31 August 2024 1,741 1,741
At 31 August 2023 6,021 6,021

ROEDEAN SCHOOL ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

2024 2023
£ £
Stocks 4,212 9,266
Total 4,212 9,266

ROEDEAN SCHOOL ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
£ £
Trade debtors 65,990 62,471
Prepayments and accrued income 263
Other debtors 575
Total 66,253 63,046

ROEDEAN SCHOOL ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 265,698 706,405
Taxation and social security 6,432 8,713
Accruals and deferred income 9,262 13,735
Other creditors 34,499 29,225
Total 315,891 758,078