ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Company limited by guarantee

Company Registration Number:
00537118 (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

ST.MARGARETS SCHOOL (HAMPSTEAD) 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

ST.MARGARETS SCHOOL (HAMPSTEAD) 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 object of the company, as authorised by its Memorandum and Articles of Association, is to carry on at 18 Kidderpore Gardens, Hampstead, London NW3 7SR, a school for the general education of girls.

Additional information

Details of aims, objectives and activities. Achievements and Performance, co-curricular activities, community service, environmental initiatives, community access, financial review , strategy on ethos and policies, staff and structure , governance and management.



Directors

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

Emily Brettle
Dawn Atkinson
Michael Feldman
Edmund Grower
Dugald MacNeill
Tina Marton
Alistair Tresidder
Marie Claire Mendham
Lydia McBride
Faarid Patel
Adrian Wayne
Michelle Wayne


Secretary Samantha Beschizza

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
13 May 2025

And signed on behalf of the board by:
Name: Emily Brettle
Status: Director

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 3,243,905 2,931,128
Cost of sales: ( 2,903,734 ) ( 2,733,908 )
Gross profit(or loss): 340,171 197,220
Operating profit(or loss): 340,171 197,220
Interest receivable and similar income: 91,134
Interest payable and similar charges: ( 10,551 )
Profit(or loss) before tax: 431,305 186,669
Profit(or loss) for the financial year: 431,305 186,669

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,072,535 6,083,236
Investments: 4 1,508,117 1,289,834
Total fixed assets: 7,580,652 7,373,070
Current assets
Debtors: 5 46,306 34,334
Cash at bank and in hand: 880,631 547,220
Total current assets: 926,937 581,554
Creditors: amounts falling due within one year: 6 ( 618,726 ) ( 509,826 )
Net current assets (liabilities): 308,211 71,728
Total assets less current liabilities: 7,888,863 7,444,798
Creditors: amounts falling due after more than one year: 7 ( 196,500 ) ( 181,500 )
Provision for liabilities: ( 31,827 ) ( 34,067 )
Total net assets (liabilities): 7,660,536 7,229,231
Members' funds
Profit and loss account: 7,660,536 7,229,231
Total members' funds: 7,660,536 7,229,231

The notes form part of these financial statements

ST.MARGARETS SCHOOL (HAMPSTEAD) 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 13 May 2025
and signed on behalf of the board by:

Name: Emily Brettle
Status: Director

The notes form part of these financial statements

ST.MARGARETS SCHOOL (HAMPSTEAD) 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 Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Tangible fixed assets are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

    Valuation information and policy

    Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date.

    Other accounting policies

    Depreciation

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 41 40

ST.MARGARETS SCHOOL (HAMPSTEAD) 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 6,179,556 902,315 67,688 7,149,559
Additions 58,252 58,252
Disposals ( 22,429 ) ( 44,492 ) ( 66,921 )
Revaluations
Transfers
At 31 August 2024 6,157,127 916,075 67,688 7,140,890
Depreciation
At 1 September 2023 211,785 845,146 9,392 1,066,323
Charge for year 0 699 22,540 23,239
On disposals
Other adjustments 22,429 43,636 21,207
At 31 August 2024 234,214 802,209 31,932 1,068,355
Net book value
At 31 August 2024 5,922,913 113,866 35,756 6,072,535
At 31 August 2023 5,967,771 57,169 58,296 6,083,236

Depreciation minus figure on disposals

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed assets investments note

Material investments listed investments that make up more than 5% of total market value of portfolio

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
£ £
Trade debtors 16,971 19,746
Prepayments and accrued income 25,202 13,405
Other debtors 4,133 1,183
Total 46,306 34,334
Debtors due after more than one year: 0 0

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 19,855 27,476
Taxation and social security 42,076 40,908
Accruals and deferred income 556,795 441,442
Total 618,726 509,826

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 196,500 181,500
Total 196,500 181,500

ST.MARGARETS SCHOOL (HAMPSTEAD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

8. Financial Commitments

Pension commitment note regarding TPT Retirement Scheme