Burton Hathow Preparatory School Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08173556

Burton Hathow Preparatory School Limited

Filleted Unaudited Financial Statements

For the year ended

31 August 2025

Burton Hathow Preparatory School Limited

Officers and Professional Advisers

THE BOARD OF DIRECTORS	Mrs P R Ford
	Mr S Robinson
	Mrs C M Lyons

REGISTERED OFFICE	Odder Farm
	Saxilby Road
	Lincoln
	Lincolnshire
	LN1 2BB

ACCOUNTANTS	Streets LLP
	Chartered Accountants
	Tower House
	Lucy Tower Street
	Lincoln
	Lincolnshire
	LN1 1XW

BANKERS	National Westminster Bank Plc
	225 High Street
	Lincoln
	LN2 1AZ

Burton Hathow Preparatory School Limited

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	6	–	3,444
Tangible assets	7	1,007,939	1,046,253
		------------	------------
		1,007,939	1,049,697

Current assets

Stocks		7,354	9,147
Debtors	8	68,647	115,607
Cash at bank and in hand		86,083	132,697
		---------	---------
		162,084	257,451

Creditors: amounts falling due within one year	9	247,416		285,730
		---------		---------
Net current liabilities			85,332	28,279
			------------	------------
Total assets less current liabilities			922,607	1,021,418

Creditors: amounts falling due after more than one year	10	1,516,887	1,527,019
		------------	------------
Net liabilities		( 594,280)	( 505,601)
		------------	------------

Capital and reserves

Called up share capital	347,153	347,153
Profit and loss account	( 941,433)	( 852,754)
	---------	---------
Shareholders deficit	( 594,280)	( 505,601)
	---------	---------

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 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

Burton Hathow Preparatory School Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 13 May 2026 , and are signed on behalf of the board by:

Mr S Robinson

Director

Company registration number: 08173556

Burton Hathow Preparatory School Limited

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Odder Farm, Saxilby Road, Lincoln, Lincolnshire, LN1 2BB.

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

Going concern

The financial statements have been prepared on the going concern basis which assumes the continued support of one of the directors by way of loans to the company. The loans were made to enable the company to purchase property and other assets for the school, and to provide working capital. The director has confirmed his willingness to continue to support the company at the current or greater level, in order that the company can meet its liabilities as they fall due for payment. The directors are confident that, with the ongoing loan, the company can continue to meet its liabilities as they fall due for payments and, as a consequence, the accounts have been prepared on a going concern basis.

Revenue recognition

The turnover shown in the statement of income and retained earnings represents goods and services provided during the period. All income has been recognised on an accruals basis.

Other operating income

Other operating income is credited to the accounts on an accruals basis.

Taxation

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 that have originated but not reversed at the reporting date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exception: Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the reporting date.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

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:

	Website	-	20% 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.

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:

Freehold property	-	Land not depreciated, buildings 2% or 10% straight line
Long leasehold property	-	33.33% or 50% straight line
Plant and machinery	-	33% straight line
Fixtures, fittings and equipment	-	10% straight line
Equipment	-	33% straight line

Stocks

Stocks of uniform for resale are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs

The company makes contributions to defined contribution schemes in respect of teaching and non-teaching staff. All contributions are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 33 (2024: 34 ).

5. Taxation on ordinary activities

At the reporting date the company had accumulated tax losses amounting to £668,057 (2024 £620,671) which are available to be used against the company's future profits.

6. Intangible assets

	Website development
	£
Cost
At 1 September 2024 and 31 August 2025	17,220
	--------
Amortisation
At 1 September 2024	13,776
Charge for the year	3,444
	--------
At 31 August 2025	17,220
	--------
Carrying amount
At 31 August 2025	–
	--------
At 31 August 2024	3,444
	--------

7. Tangible assets

	Freehold property	Long leasehold property	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Sep 2024	1,236,020	5,551	95,349	44,970	21,439	1,403,329
Additions	–	–	–	–	333	333
	------------	-------	--------	--------	--------	------------
At 31 Aug 2025	1,236,020	5,551	95,349	44,970	21,772	1,403,662
	------------	-------	--------	--------	--------	------------
Depreciation
At 1 Sep 2024	265,250	5,551	52,840	24,513	8,922	357,076
Charge for the year	24,306	–	5,199	3,118	6,024	38,647
	------------	-------	--------	--------	--------	------------
At 31 Aug 2025	289,556	5,551	58,039	27,631	14,946	395,723
	------------	-------	--------	--------	--------	------------
Carrying amount
At 31 Aug 2025	946,464	–	37,310	17,339	6,826	1,007,939
	------------	-------	--------	--------	--------	------------
At 31 Aug 2024	970,770	–	42,509	20,457	12,517	1,046,253
	------------	-------	--------	--------	--------	------------

Included within the above freehold property is land of £215,000 (2024 £215,000) which is not depreciated.

8. Debtors

	2025	2024
	£	£
Trade debtors	35,368	64,009
Other debtors	33,279	51,598
	--------	---------
	68,647	115,607
	--------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	24,644	30,994
Social security and other taxes	15,463	10,908
Other creditors	197,309	233,828
	---------	---------
	247,416	285,730
	---------	---------

The school received a covid-19 Bounce Back Loan of £50,000 which is secured by the UK Government. £10,000 (2024 £10,000) of the loan falls due for repayment within 12 months of the reporting date.

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	3,001	13,133
Other creditors	1,513,886	1,513,886
	------------	------------
	1,516,887	1,527,019
	------------	------------

Other creditors totalling £1,513,886 (2024 £1,513,886) are secured by a fixed charge over the company's freehold property.

£3,001 (2024 £13,133) of the school's Bounce Back Loan (secured by the UK Government) is due for repayment after more than 12 months from the reporting date.

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	9,480	13,044
Later than 1 year and not later than 5 years	6,984	7,144
	--------	--------
	16,464	20,188
	--------	--------