REGISTERED NUMBER: 13476177 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

DANESFIELD MANOR SCHOOL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A K Mehta

Mrs H Lukha

REGISTERED OFFICE:

Georgian House

Park Lane

Stanmore

HA7 3HD

REGISTERED NUMBER:

13476177 (England and Wales)

AUDITORS:

Innovi Advisors Ltd

Chartered Certified Accountant& Statutory Auditors

163 Herne Hill

London

SE24 9LR

FIXED ASSETS

Intangible assets

4

4,881

1

Tangible assets

5

281,170

284,041

286,051

284,042

CURRENT ASSETS

Debtors

6

910,074

783,506

Cash and cash equivalents

225,044

246,901

1,135,118

1,030,407

CREDITORS

Amounts falling due within one year

7

1,335,773

1,172,756

NET CURRENT LIABILITIES

(200,655

)

(142,349

)

TOTAL ASSETS LESS CURRENT LIABILITIES

85,396

141,693

PROVISIONS FOR LIABILITIES

16,756

-

NET ASSETS

68,640

141,693

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

68,540

141,593

SHAREHOLDERS' FUNDS

68,640

141,693

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

A K Mehta - Director

1.	STATUTORY INFORMATION

Danesfield Manor School 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.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

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.

Going concern

As part of the directors' assessment of going concern, they have prepared detailed cash flow and profit and loss forecasts for the next 12 months. The forecasts have been prepared on an appropriate basis, taking into account the current economic conditions that exist.

After making appropriate enquires, the directors have a reasonable expectation that the company has adequate resources to enable it to continue in operational existence for the foreseeable future. They believe it is appropriate to prepare the accounts on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

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.

The intangible assets are being amortised over its useful life at the following rate:

- 10% Reducing balance method

Tangible fixed assets

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates

Buildings - 5 % per annum

Plant & machinery - 10% reducing balance

Fixtures and fittings - 10% reducing balance

Computer equipment - 10% reducing balance

Assets held under finance leases are depreciated in the same way as owned assets.

At each statement of financial position date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

REVALUATION OF TANGIBLE FIXED ASSETS

Tangible fixed assets are recognised initially at cost and subsequently at market value based on the amount at which the asset could be exchanged between knowledgeable parties at arm's-length. Land is not depreciated. Properties are revalued according to market conditions at the year-end. Unrealised gains and losses on revaluation is only realised on disposal of the asset.

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 statement of financial position date.

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.

Trade and other debtors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

TRADE AND OTHER CREDITORS

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 September 2023

1

-

1

Additions

-

4,947

4,947

At 31 August 2024

1

4,947

4,948

AMORTISATION

Charge for year

-

67

67

At 31 August 2024

-

67

67

NET BOOK VALUE

At 31 August 2024

1

4,880

4,881

At 31 August 2023

1

-

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2023

211,852

93,058

304,910

Additions

2,295

16,629

18,924

At 31 August 2024

214,147

109,687

323,834

DEPRECIATION

At 1 September 2023

10,881

9,988

20,869

Charge for year

10,715

11,080

21,795

At 31 August 2024

21,596

21,068

42,664

NET BOOK VALUE

At 31 August 2024

192,551

88,619

281,170

At 31 August 2023

200,971

83,070

284,041

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

31,520

9,711

Other debtors

878,554

773,795

910,074

783,506

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

91,328

552,400

Taxation and social security

121,242

128,463

Other creditors

1,123,203

491,893

1,335,773

1,172,756

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

The Report of the Auditors was unqualified.

Sheetal Shah FCCA (Senior Statutory Auditor)

for and on behalf of Innovi Advisors Ltd

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party for the period was Mr A Mehta.

Mr A Mehta controls 100% of the share capital of Oakseal Ltd. which is the ultimate parent company of the

group.

The registered office of Oakseal Ltd. is Georgian House, Park Lane, Stanmore, HA7 3HD.

10.	RELATED PARTY TRANSACTIONS

Park Hill School Limited, First Steps (London) Limited, Trade Tower Limited, Warlingham Park School Limited, The Orchard Kew Day Nursery Limited, Walton Montessori Limited, Collingwood School Limited, Inspired Learning Group (London) Limited, Gidea Park College Limited, Yateley Manor School London Limited, Rookwood School Limited, Saint Felix School Limited, Inspired Learning Group (London)(2) Limited, Westbury House School Limited, Grange Park Preparatory School Limited, St Francis College Limited, Sunninghill School Ltd and Derby Grammar School Limited are considered related parties by virtue of Mr A Mehta's interest in these entities. The amounts owed to the company by these related parties amount to £651,390 (2023: £613,378). No interest is charged on the balances.