WOODLODGE MONTESSORI SCHOOL (UK) LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07681474

WOODLODGE MONTESSORI SCHOOL (UK) LTD

Filleted Unaudited Financial Statements

30 September 2024

WOODLODGE MONTESSORI SCHOOL (UK) LTD

Statement of Financial Position

30 September 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	6	93,064	2,692
Investments	7	422,805	1
		---------	-------
		515,869	2,693

Current assets

Investments	8	820,544	254,582
Cash at bank and in hand		447,969	1,245,598
		------------	------------
		1,268,513	1,500,180

Creditors: amounts falling due within one year	9	159,619		111,491
		------------		------------
Net current assets			1,108,894	1,388,689
			------------	------------
Total assets less current liabilities			1,624,763	1,391,382
			------------	------------
Net assets			1,624,763	1,391,382
			------------	------------

Capital and reserves

Called up share capital	1	1
Profit and loss account	1,624,762	1,391,381
	------------	------------
Shareholders funds	1,624,763	1,391,382
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

WOODLODGE MONTESSORI SCHOOL (UK) LTD

Statement of Financial Position (continued)

30 September 2024

These financial statements were approved by the board of directors and authorised for issue on 18 July 2025 , and are signed on behalf of the board by:

Suresh Sharma
Director

Company registration number: 07681474

WOODLODGE MONTESSORI SCHOOL (UK) LTD

Notes to the Financial Statements

Year ended 30 September 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 97 Hilliard Road, Northwood, Middlesex, HA6 1SL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicle	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2023: 12 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 October 2023 and 30 September 2024	180,000
	---------
Amortisation
At 1 October 2023 and 30 September 2024	180,000
	---------
Carrying amount
At 30 September 2024	–
	---------
At 30 September 2023	–
	---------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 October 2023	12,991	20,835	–	33,826
Additions	1,528	–	119,865	121,393
	--------	--------	---------	---------
At 30 September 2024	14,519	20,835	119,865	155,219
	--------	--------	---------	---------
Depreciation
At 1 October 2023	10,952	20,182	–	31,134
Charge for the year	892	163	29,966	31,021
	--------	--------	---------	---------
At 30 September 2024	11,844	20,345	29,966	62,155
	--------	--------	---------	---------
Carrying amount
At 30 September 2024	2,675	490	89,899	93,064
	--------	--------	---------	---------
At 30 September 2023	2,039	653	–	2,692
	--------	--------	---------	---------

7. Investments

	Shares in group undertakings	Other investments other than loans	Total
	£	£	£
Cost
At 1 October 2023	1	–	1
Additions	–	422,804	422,804
	----	---------	---------
At 30 September 2024	1	422,804	422,805
	----	---------	---------
Impairment
At 1 October 2023 and 30 September 2024	–	–	–
	----	---------	---------

Carrying amount
At 30 September 2024	1	422,804	422,805
	----	---------	---------
At 30 September 2023	1	–	1
	----	---------	---------

8. Investments

	2024	2023
	£	£
Investments in group undertakings	820,544	254,582
	---------	---------

9. Creditors: amounts falling due within one year

	2024	2023
	£	£
Corporation tax	104,492	44,298
Social security and other taxes	3,028	3,701
Other creditors	52,099	63,492
	---------	---------
	159,619	111,491
	---------	---------

10. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Suresh Sharma	( 63,527)	4,516	( 59,011)
	--------	-------	--------

	2023
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Suresh Sharma	( 38,871)	( 24,656)	( 63,527)
	--------	--------	--------

11. Related party transactions

The company was under the control of Suresh Sharma throughout the current year. Suresh Sharma is the managing director No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.