Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31falsefalse2023-06-01No description of principal activity00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09023572 2023-06-01 2024-05-31 09023572 2022-06-01 2023-05-31 09023572 2024-05-31 09023572 2023-05-31 09023572 c:Director1 2023-06-01 2024-05-31 09023572 d:CurrentFinancialInstruments 2024-05-31 09023572 d:CurrentFinancialInstruments 2023-05-31 09023572 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09023572 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09023572 d:RetainedEarningsAccumulatedLosses 2024-05-31 09023572 d:RetainedEarningsAccumulatedLosses 2023-05-31 09023572 c:FRS102 2023-06-01 2024-05-31 09023572 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09023572 c:FullAccounts 2023-06-01 2024-05-31 09023572 c:CompanyLimitedByGuarantee 2023-06-01 2024-05-31 09023572 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 09023572










MAHARISHI INTERNATIONAL GRADUATE SCHOOL
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
MAHARISHI INTERNATIONAL GRADUATE SCHOOL
 
(A company limited by guarantee)
REGISTERED NUMBER: 09023572

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
680
1,647

Cash at bank and in hand
 5 
7
57

  
687
1,704

Creditors: amounts falling due within one year
 6 
(825)
(677)

Net current (liabilities)/assets
  
 
 
(138)
 
 
1,027

Total assets less current liabilities
  
(138)
1,027

  

Net (liabilities)/assets
  
(138)
1,027


Capital and reserves
  

Profit and loss account
  
(138)
1,027

  
(138)
1,027


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 June 2025.




Dr Peter Warburton
Director

The notes on pages 2 to 3 form part of these financial statements.
Page 1

 
MAHARISHI INTERNATIONAL GRADUATE SCHOOL

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Maharishi International Graduate School is a company limited by guarantee, also registered as a charity in England - Charity number 1178230. The registered office is Hopkin The Heath, Lavenham Road, Great Waldringfield, Sudbury CO10 0SA. 
The following principal accounting policies have been applied:

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

  
2.2

Going concern

The Directors assess whether the use of going concern is appropiate i.e. whether there are anymaterial uncertainties related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. 
The Directors make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that they will continue to support the Company with adeqaute resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Company's ability to continue as a going concern. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

  
2.3

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
MAHARISHI INTERNATIONAL GRADUATE SCHOOL

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL)

4.


Debtors

2024
2023
£
£


Other debtors
680
1,647

680
1,647



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
7
57

7
57



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
825
677

825
677




7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


8.


Related party transactions

In accordance with the Articles of association S Liversey, a director has been paid £615 (2023 - £1,275) for providing research and administration services to the Company.

 
Page 3