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REGISTERED NUMBER: 09244623 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

CHASE GRAMMAR SCHOOL PARTNERS LIMITED

CHASE GRAMMAR SCHOOL PARTNERS LIMITED (REGISTERED NUMBER: 09244623)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


CHASE GRAMMAR SCHOOL PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr C Bao
Mr S R Baum
Mr N Roskilly





REGISTERED OFFICE: Chase Grammar School
Convent Close
Cannock
Staffordshire
WS11 0UR





REGISTERED NUMBER: 09244623 (England and Wales)





AUDITORS: Wynniatt-Husey Ltd
Chartered Accountants
and Statutory Auditors
The Old Coach House
Horse fair
Rugeley
Staffordshire
WS15 2EL

CHASE GRAMMAR SCHOOL PARTNERS LIMITED (REGISTERED NUMBER: 09244623)

ABRIDGED BALANCE SHEET
31 AUGUST 2024

31.8.23 31.8.24
£    Notes £   
CURRENT ASSETS
47,810 Debtors 51,157
11,337 Cash at bank and in hand 3,547
59,147 54,704
CREDITORS
36,166 Amounts falling due within one year 39,897
22,981 NET CURRENT ASSETS 14,807
22,981 TOTAL ASSETS LESS CURRENT
LIABILITIES

14,807

CREDITORS
22,436 Amounts falling due after more than one
year

14,262
545 NET ASSETS 545

CAPITAL AND RESERVES
100 Called up share capital 5 100
445 Retained earnings 445
545 SHAREHOLDERS' FUNDS 545

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





Mr C Bao - Director


CHASE GRAMMAR SCHOOL PARTNERS LIMITED (REGISTERED NUMBER: 09244623)

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

1. STATUTORY INFORMATION

Chase Grammar School Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
The presentation of the financial statements requires judgements, estimations and assumptions to be made that affect the reported values of assets, liabilities, revenue and expenses. The nature of estimation and judgement means that actual outcomes could differ from those estimates. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes and recognised by the company in respect of services supplied during the period.

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

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.

CHASE GRAMMAR SCHOOL PARTNERS LIMITED (REGISTERED NUMBER: 09244623)

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

2. ACCOUNTING POLICIES - continued

Going concern
The directors expect the company to continue in business for at least a further 12 months until the mini bus operator's licences have been transferred across to a connected company. Thus the accounts have been prepared on a going concern basis.

Financial instruments
Financial instruments are recognised at fair value using a valuation technique with any gains or losses being reported in profit or loss. Outstanding derivatives at reporting date are included under the appropriate format heading depending on the nature of the derivative.

3. EMPLOYEES AND DIRECTORS

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

4. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.8.24 31.8.23
£    £   
Within one year 37,177 27,901
Between one and five years 254,667 3,542
291,844 31,443

The company entered in to new lease commitments from March 2025 for five years and this has been included in the figures above.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary shares 1 100 100

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Anna Richards (Senior Statutory Auditor)
for and on behalf of Wynniatt-Husey Ltd

7. RELATED PARTY DISCLOSURES

During the year no dividends were paid to the directors/shareholders.
Included in creditors is an amount due to a director totalling £14,972 (2023: £14,972). This loan is interest free.

8. POST BALANCE SHEET EVENTS

Chase Grammar School Limited, one of the sister companies is ceasing to trade from September 2025 and this is one of the company's main source of income.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C Bao by virtue of his majority shareholding in Achieve Education Limited.

CHASE GRAMMAR SCHOOL PARTNERS LIMITED (REGISTERED NUMBER: 09244623)

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

10. ULTIMATE PARENT COMPANY

Achieve Education Limited owns 100% of the company. Registered office: Chase Grammar School, Convent Close, Cannock, Staffordshire, WS11 0UR. A copy of the parent company's consolidated accounts are available from Companies House.