Contents of the Financial Statements

for the Period Ended 31 August 2019

Balance sheet

As at 31 August 2019

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 August 2019 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 August 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Tangible fixed assets depreciation policy

  Depreciation is provided at rates calculated to write off the cost if fixed assets on a straight line basis over their expected useful lives as follows:-Improvements to property 2%Office Equipment 25%Computer Equipment 25%

  Valuation information and policy

  The Academy Trust makes estimates and assumptions concerning the future regarding anything that may have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities.

  Other accounting policies

  Other incomeDonated goodsTransfer on conversionExpenditureCharitable activitiesGovernance costsLiabilitiesProvisionsLeasesd assetsStockTaxationFund accountingPension costs