Wilmslow Tuition Centre Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11501529 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2020

for

Wilmslow Tuition Centre Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTOR:

Mrs A J Munro

REGISTERED OFFICE:

Aus-Bore House

19-25 Manchester Road

Wilmslow

Cheshire

SK9 1BQ

REGISTERED NUMBER:

11501529 (England and Wales)

ACCOUNTANTS:

Langricks Limited

Aus-Bore House

19-25 Manchester Road

Wilmslow

Cheshire

SK9 1BQ

FIXED ASSETS

Tangible assets

4

2,428

349

CURRENT ASSETS

Debtors

5

142

6,255

Cash at bank

53,600

14,605

53,742

20,860

CREDITORS

Amounts falling due within one year

6

21,832

14,586

NET CURRENT ASSETS

31,910

6,274

TOTAL ASSETS LESS CURRENT LIABILITIES

34,338

6,623

CREDITORS

Amounts falling due after more than one year

7

(33,269

)

-

PROVISIONS FOR LIABILITIES

(461

)

(67

)

NET ASSETS

608

6,556

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

508

6,456

608

6,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2021 and were signed by:

Mrs A J Munro - Director

1.	STATUTORY INFORMATION

Wilmslow Tuition Centre 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 the Pound Sterling (£).

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2019

437

Additions

2,527

At 31 August 2020

2,964

DEPRECIATION

At 1 September 2019

88

Charge for year

448

At 31 August 2020

536

NET BOOK VALUE

At 31 August 2020

2,428

At 31 August 2019

349

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Trade debtors

-

6,155

Other debtors

142

100

142

6,255

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Bank loans and overdrafts

1,644

-

Trade creditors

615

21

Taxation and social security

16,852

14,465

Other creditors

2,721

100

21,832

14,586

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.20

31.8.19

£

£

Bank loans

33,269

-

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wilmslow Tuition Centre Limited for the year ended 31 August 2020 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Wilmslow Tuition Centre Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wilmslow Tuition Centre Limited and state those matters that we have agreed to state to the director of Wilmslow Tuition Centre Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wilmslow Tuition Centre Limited and its director for our work or for this report.

It is your duty to ensure that Wilmslow Tuition Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wilmslow Tuition Centre Limited. You consider that Wilmslow Tuition Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wilmslow Tuition Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Langricks Limited

Aus-Bore House

19-25 Manchester Road

Wilmslow

Cheshire

SK9 1BQ

13 May 2021