Olive Tree Montessori Ltd

Olive Tree Montessori Ltd

OLIVE TREE MONTESSORI LTD - Company Information

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1 October 2018 false No description of principal activity Taxfiler 2020.8.1 07772413business:PrivateLimitedCompanyLtd2018-10-012019-09-30 077724132018-09-30 077724132018-10-012019-09-30 07772413business:AuditExemptWithAccountantsReport2018-10-012019-09-30 07772413business:FullAccounts2018-10-012019-09-30 077724132019-09-30 07772413business:Director12018-10-012019-09-30 07772413business:Director22018-10-012019-09-30 07772413business:RegisteredOffice2018-10-012019-09-30 077724132018-09-30 07772413core:WithinOneYear2019-09-30 07772413core:WithinOneYear2018-09-30 07772413core:ShareCapital2019-09-30 07772413core:ShareCapital2018-09-30 07772413core:RetainedEarningsAccumulatedLosses2019-09-30 07772413core:RetainedEarningsAccumulatedLosses2018-09-30 07772413business:SmallEntities2018-10-012019-09-30 07772413countries:EnglandWales2018-10-012019-09-30 07772413core:FurnitureFittings2018-10-012019-09-30 07772413core:FurnitureFittings2018-09-30 07772413core:FurnitureFittings2019-09-30 077724132017-10-012018-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07772413 (England and Wales)
Olive Tree Montessori Ltd Unaudited accounts for the year ended 30 September 2019
Olive Tree Montessori Ltd Unaudited accounts Contents
Page
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Olive Tree Montessori Ltd Company Information for the year ended 30 September 2019
Directors
Zahid Hussain Amin Saher Iqbal
Company Number
07772413 (England and Wales)
Registered Office
SUIT 23 95 MILES ROAD MITCHAM CR4 3FH ENGLAND
Accountants
Adept Accountants Ltd IFA Accountants Suite-23 95 Miles Road Mitcham CR4 3FH
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Olive Tree Montessori Ltd Statement of financial position as at 30 September 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
12,227 
15,480 
Current assets
Cash at bank and in hand
39,863 
53,485 
Creditors: amounts falling due within one year
5
(4,833)
(33,005)
Net current assets
35,030 
20,480 
Net assets
47,257 
35,960 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
47,255 
35,958 
Shareholders' funds
47,257 
35,960 
For the year ending 30 September 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.
The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2020 and were signed on its behalf by
Zahid Hussain Amin Director Company Registration No. 07772413
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Olive Tree Montessori Ltd Notes to the Accounts for the year ended 30 September 2019
1
Statutory information
Olive Tree Montessori Ltd is a private company, limited by shares, registered in England and Wales, registration number 07772413. The registered office is SUIT 23, 95 MILES ROAD, MITCHAM, CR4 3FH, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
Depreciation 25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2018
25,933 
Additions
642 
At 30 September 2019
26,575 
Depreciation
At 1 October 2018
10,453 
Charge for the year
3,895 
At 30 September 2019
14,348 
Net book value
At 30 September 2019
12,227 
At 30 September 2018
15,480 
5
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Taxes and social security
4,778 
2,357 
Loans from directors
(895)
28,248 
Accruals
950 
2,400 
4,833 
33,005 
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Olive Tree Montessori Ltd Notes to the Accounts for the year ended 30 September 2019
6
Average number of employees
During the year the average number of employees was 9 (2018: 10).
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