Widford Lodge School Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03285877

Widford Lodge School Limited

Filleted Unaudited Financial Statements

31 August 2025

Widford Lodge School Limited

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		66,804		76,069

Current assets

Debtors	7	352,383	22,699
Cash at bank and in hand		632,958	602,333
		---------	---------
		985,341	625,032

Creditors: amounts falling due within one year	8	717,201		326,995
		---------		---------
Net current assets			268,140		298,037
			---------		---------
Total assets less current liabilities			334,944		374,106

Provisions

Taxation including deferred tax	14,179	13,050
	---------	---------
Net assets	320,765	361,056
	---------	---------

Capital and reserves

Called up share capital	9	1,000	1,000
Profit and loss account		319,765	360,056
		---------	---------
Shareholders funds		320,765	361,056
		---------	---------

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 .

Widford Lodge 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 18 May 2026 , and are signed on behalf of the board by:

L Gear

Director

Company registration number: 03285877

Widford Lodge 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, registration number 03285877 . The address of the registered office is Widford Lodge School, Widford, Chelmsford, Essex, CM2 9AN.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for services rendered.

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Goodwill

Purchased goodwill is determined by comparing the amount paid on the acquisition of a business and the aggregate fair value of its separable net assets and is written off over its estimated economic life.

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	-	5% 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:

Leasehold Property Improvements	-	20% straight line
Fixtures & Fittings	-	15% straight line
Equipment	-	15 % straight line

Financial instruments

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

Defined contribution plans

The company participates in a defined benefit pension scheme operated by the Teachers Pension Agency. Contributions are in line with Government recommendations. Although the fund is a defined benefit scheme, because Widford Lodge School Limited, as a Small Admission Body, is grouped together with other similar employers, it is not possible to separately identify its share of the underlying assets and liabilities, and it is therefore accounted for as a defined contribution scheme. In addition the company operates a defined contribution pension scheme for certain employees. The assets of the company are held separately from those of the company. The contributions payable are charged to the profit and loss account for the year.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 53 (2024: 57 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 September 2024 and 31 August 2025	200,000
	---------
Amortisation
At 1 September 2024 and 31 August 2025	200,000
	---------
Carrying amount
At 31 August 2025	–
	---------
At 31 August 2024	–
	---------

6. Tangible assets

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 September 2024	251,239	39,996	222,452	513,687
Additions	–	–	7,033	7,033
	---------	--------	---------	---------
At 31 August 2025	251,239	39,996	229,485	520,720
	---------	--------	---------	---------
Depreciation
At 1 September 2024	228,099	36,656	172,863	437,618
Charge for the year	14,259	1,444	595	16,298
	---------	--------	---------	---------
At 31 August 2025	242,358	38,100	173,458	453,916
	---------	--------	---------	---------
Carrying amount
At 31 August 2025	8,881	1,896	56,027	66,804
	---------	--------	---------	---------
At 31 August 2024	23,140	3,340	49,589	76,069
	---------	--------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	325,056	2,428
Other debtors	27,327	20,271
	---------	--------
	352,383	22,699
	---------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	569,828	270,243
Corporation tax	11,031	8,371
Social security and other taxes	82,988	–
Other taxes and social security	29,384	27,454
Other creditors	23,970	20,927
	---------	---------
	717,201	326,995
	---------	---------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------