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REGISTERED NUMBER: 05471086 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SHEPHERD MONTESSORI SCHOOLS LIMITED

SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Balance sheet 1

Notes to the financial statements 3


SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 127,738 103,015
127,738 103,015

Current assets
Debtors 6 83,329 125,664
Cash at bank 180,905 49,918
264,234 175,582
Creditors
Amounts falling due within one year 7 286,739 181,730
Net current liabilities (22,505 ) (6,148 )
Total assets less current liabilities 105,233 96,867

Creditors
Amounts falling due after more than one year 8 (38,202 ) (64,410 )

Provisions for liabilities 10 (18,769 ) (10,830 )
Net assets 48,262 21,627

Capital and reserves
Called up share capital 11 100 100
Retained earnings 48,162 21,527
Shareholders' funds 48,262 21,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2025 and were signed on its behalf by:





Mr A R E Shepherd - Director


SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. Statutory information

Shepherd Montessori Schools Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05471086. The registered office and business address is 84 Markham Road, Charminster, Bournemouth, Dorset, BH9 1JB.

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 historical cost convention.

Turnover
Turnover represents the fair value of the consideration received or receivable for the provision of pre-primary school education.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs have been amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 50 (2023 - 40 ) .

4. Intangible fixed assets
Other
intangible
assets
£   
Cost
At 1 January 2024
and 31 December 2024 14,815
Amortisation
At 1 January 2024
and 31 December 2024 14,815
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. Tangible fixed assets
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
Cost
At 1 January 2024 289,294 44,825 61,275
Additions 32,500 - 12,686
At 31 December 2024 321,794 44,825 73,961
Depreciation
At 1 January 2024 248,066 33,164 31,674
Charge for year 8,824 2,915 6,343
At 31 December 2024 256,890 36,079 38,017
Net book value
At 31 December 2024 64,904 8,746 35,944
At 31 December 2023 41,228 11,661 29,601

SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. Tangible fixed assets - continued

Motor Office
vehicles equipment Totals
£    £    £   
Cost
At 1 January 2024 46,502 27,876 469,772
Additions - 4,996 50,182
At 31 December 2024 46,502 32,872 519,954
Depreciation
At 1 January 2024 31,789 22,064 366,757
Charge for year 3,678 3,699 25,459
At 31 December 2024 35,467 25,763 392,216
Net book value
At 31 December 2024 11,035 7,109 127,738
At 31 December 2023 14,713 5,812 103,015

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 6,679 1,682
Other debtors 25,222 5,218
Directors' current accounts 50,262 112,576
Tax - 1,271
Prepayments and accrued income 1,166 4,917
83,329 125,664

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 25,836 25,933
Trade creditors 1,291 1,933
Tax 59,267 24,802
Social security and other taxes 18,945 16,169
Pension Liability 4,426 3,324
Other creditors 46,574 58,982
Accruals and deferred income 130,400 50,587
286,739 181,730

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 25,836 25,933
Bank loans - 2-5 years 12,366 38,477
38,202 64,410

SHEPHERD MONTESSORI SCHOOLS LIMITED (REGISTERED NUMBER: 05471086)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


9. Secured debts

Lloyds Bank PLC has a fixed and floating charge over all company assets present and future on all borrowings present and future.

10. Provisions for liabilities
2024 2023
£    £   
Deferred tax 18,769 10,830

Deferred
tax
£   
Balance at 1 January 2024 10,830
Provided during year 7,939
Balance at 31 December 2024 18,769

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr A R E Shepherd and Mrs H Y F Shepherd
Balance outstanding at start of year 112,576 111,495
Amounts advanced 52,186 193,989
Amounts repaid (114,500 ) (192,908 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,262 112,576

The balance outstanding at the end of the year was fully repaid within 9 months of the balance sheet date.

13. Ultimate controlling party

The company is controlled by the directors, Mr & Mrs Shepherd, who own 100% of the issued share capital