Accounts filed on 31-08-2015
Accounts filed on 31-08-2015
trueChelmsford St Anne's School Limited006582422015-08-313139433100383151423112372252257497492252253151423112373151423112372239292415561558722441623798014857183179319399250002000032300844631991213696819121369681Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents fees receivable from the running of a nursery, preparatory and junior school in the United Kingdom.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Pension costs
The company participates in a defined benefit pension scheme operated by the Teachers Pension Agency. Contributions are in line with Government recommendations. Although the fund is a defined benefit scheme, because Chelmsford St Anne's School Limited, as a Small Admission Body, is grouped together with other similar employers, it is not possible to separately identify its share of the underlying assets and liabilities, and it is therefore accounted for as a defined contribution scheme.
Pension contributions for this scheme charged to the profit and loss account for the year amounted to £43,362 (2014: £41,945).
The addition the company operates a defined contribution scheme for one director. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at the date that will
result in an obligation to pay more, or right to pay less or to receive more tax.
Deferred tax is measured on a undiscounted basis at the tax rates that are expected to apply in the
periods in which timing differences reverse, based on tax rates and laws enacted or substantively
enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Fixtures & Fittingsreducing balance0.1500Leasehold Propertyover the term of the lease0.000025443822527443475-1431116322515559320215-1258325443822527443475-14311163225155593-1258320215Ordinary1000110001000Ordinary12252252252015-12-10S P Robsontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureChelmsford St Anne's School Limited2014-09-012015-08-31Chelmsford St Anne's School Limited2013-09-012014-08-31Chelmsford St Anne's School Limited2013-08-31Chelmsford St Anne's School Limited2014-08-31Chelmsford St Anne's School Limited2014-08-31Chelmsford St Anne's School Limited2015-08-31 2015-12-11
