Company Registration No. 5546880 (England and Wales)
ROOT ACADEMY LIMITED
Unaudited accounts
for the year ended 31 March 2019
ROOT ACADEMY LIMITED
Unaudited accounts
Contents
ROOT ACADEMY LIMITED
Company Information
for the year ended 31 March 2019
Directors
Mark William Walton
Michele Ann Walton
Secretary
Michele Ann Walton
Company Number
5546880 (England and Wales)
Registered Office
Greenthumb Blacklands Farm
Wheatsheaf Road
Henfield
West Sussex
BN5 9AT
Accountants
Angela MacCarthy Limited
Trading as On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
ROOT ACADEMY LIMITED
Statement of financial position
as at 31 March 2019
Cash at bank and in hand
942
6,037
Creditors: amounts falling due within one year
(20,545)
(18,330)
Net current assets/(liabilities)
3,691
(198)
Called up share capital
2
2
Profit and loss account
3,846
9
Shareholders' funds
3,848
11
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 11 October 2019.
Michele Ann Walton
Director
Company Registration No. 5546880
ROOT ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2019
ROOT ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5546880. The registered office is Greenthumb Blacklands Farm, Wheatsheaf Road, Henfield, West Sussex, BN5 9AT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum reducing balance
Computer equipment
25% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2018
4,272
2,300
6,572
At 31 March 2019
4,272
2,300
6,572
At 1 April 2018
4,136
2,227
6,363
Charge for the year
34
18
52
At 31 March 2019
4,170
2,245
6,415
At 31 March 2019
102
55
157
At 31 March 2018
136
73
209
Other debtors
23,294
12,095
ROOT ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
19,439
17,224
7
Average number of employees
During the year the average number of employees was 15 (2018: 12).
