The Wellesley School Of English Limited - Accounts to registrar (filleted) - small 18.2

The Wellesley School Of English Limited - Accounts to registrar (filleted) - small 18.2

THE WELLESLEY SCHOOL OF ENGLISH LIMITED - Company Information

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REGISTERED NUMBER: 05692752 (England and Wales)















Financial Statements for the Year Ended 31 January 2020

for

The Wellesley School Of English Limited
The Wellesley School Of English Limited (Registered number: 05692752)

Contents of the Financial Statements
for the year ended 31 January 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

The Wellesley School Of English Limited

Company Information
for the year ended 31 January 2020







DIRECTOR: Miss T Stafford





REGISTERED OFFICE: 99 Canterbury Road
Whitstable
Kent
CT5 4HG





REGISTERED NUMBER: 05692752 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG
Page 1
The Wellesley School Of English Limited (Registered number: 05692752)

Balance Sheet
31 January 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 5,000

CURRENT ASSETS
Cash at bank and in hand 1,091 1,099

CREDITORS
Amounts falling due within one year 5 10,706 9,447
NET CURRENT LIABILITIES (9,615 ) (8,348 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(4,615
)
(3,348
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,715 ) (3,448 )
SHAREHOLDERS' FUNDS (4,615 ) (3,348 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the director on 24 March 2020 and were signed by:





Miss T Stafford - Director


The notes form part of these financial statements

Page 2
The Wellesley School Of English Limited (Registered number: 05692752)

Notes to the Financial Statements
for the year ended 31 January 2020


1. STATUTORY INFORMATION

The Wellesley School Of English 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

Page 3 continued...
The Wellesley School Of English Limited (Registered number: 05692752)

Notes to the Financial Statements - continued
for the year ended 31 January 2020


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2019
and 31 January 2020 5,000
NET BOOK VALUE
At 31 January 2020 5,000
At 31 January 2019 5,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 659 660
Other creditors 10,047 8,787
10,706 9,447

Page 4
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
The Wellesley School Of English Limited


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 The Wellesley School Of English Limited for the year ended 31 January 2020 which comprise
the Income Statement, 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 The Wellesley School Of English Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Wellesley School Of English Limited and state those matters that we have agreed to state to the director of The Wellesley School Of English 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 The Wellesley School Of English Limited and its director for our work or for this report.

It is your duty to ensure that The Wellesley School Of English 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 loss of The Wellesley School Of English Limited. You consider that The Wellesley School Of English 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 The Wellesley School Of English 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.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


24 March 2020

This page does not form part of the statutory financial statements

Page 5