Abbreviated Company Accounts - SOUTH HILLS SCHOOL LIMITED

Abbreviated Company Accounts - SOUTH HILLS SCHOOL LIMITED

SOUTH HILLS SCHOOL LIMITED - Company Information

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Registered Number 04026645

SOUTH HILLS SCHOOL LIMITED

Abbreviated Accounts

31 August 2014

SOUTH HILLS SCHOOL LIMITED Registered Number 04026645

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 119,413 65,607
119,413 65,607
Current assets
Debtors 41,516 40,470
Cash at bank and in hand 399,870 421,487
441,386 461,957
Creditors: amounts falling due within one year (70,378) (65,520)
Net current assets (liabilities) 371,008 396,437
Total assets less current liabilities 490,421 462,044
Total net assets (liabilities) 490,421 462,044
Capital and reserves
Called up share capital 2 2
Profit and loss account 490,419 462,042
Shareholders' funds 490,421 462,044
  • For the year ending 31 August 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 April 2015

And signed on their behalf by:
Reverend J Proctor, Director

SOUTH HILLS SCHOOL LIMITED Registered Number 04026645

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Leasehold properties straight line over the life of the lease. Plant and machinery 25% reducing balance. Fixtures, fittings and equipment 25% reducing balance. Motor vehicles 25% reducing balance. Property improvements straight line over 20 years.

Other accounting policies
Pensions. The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2Tangible fixed assets
£
Cost
At 1 September 2013 153,938
Additions 76,293
Disposals -
Revaluations -
Transfers -
At 31 August 2014 230,231
Depreciation
At 1 September 2013 88,331
Charge for the year 22,487
On disposals -
At 31 August 2014 110,818
Net book values
At 31 August 2014 119,413
At 31 August 2013 65,607