APOLLO SCHOOLS TRUST Accounts filed on 31-08-2014
APOLLO SCHOOLS TRUST Accounts filed on 31-08-2014
APOLLO SCHOOLS TRUST
Company Registration Number:
08641815 (England and Wales)
Report of the Directors and Unaudited Financial Statements
Period of accounts
Start date: 07th August 2013
End date: 31st August 2014
SUBMITTED
APOLLO SCHOOLS TRUST
Contents of the Financial Statements
for the Period Ended
31st August 2014
| Company Information | |
| Report of the Directors | |
| Profit and Loss Account | |
| Gains and Losses | |
| Balance sheet | |
| Notes to the Financial Statements |
APOLLO SCHOOLS TRUST
Company Information
for the Period Ended
31st August 2014
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APOLLO SCHOOLS TRUST
Directors' Report Period Ended 31st August 2014
The directors present their report with the financial statements of the company for the period ended 31st August 2014
Principal activities
The principal activity of the company in the period under review was:
Directors
The directors shown below have held office during the whole of the period from
07th August 2013 to 31st August 2014
Suzanne Duncan
Lesley Anne Powell
Graeme Blench
Margaret Patricia Saxton
Kelly Robson Angus
The director(s) shown below were appointed to the company during the period
Susanne Duncan on
Kelly Robson Angus on
Margaret Patricia Saxton on
Lesley Anne Powell on
Graeme Blench on
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name: Margaret Patricia Saxton
Status: Director
APOLLO SCHOOLS TRUST
Profit and Loss Account
for the Period Ended 31st August 2014
| Notes | 2014 £ |
£ |
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|---|---|---|---|
| Turnover: |
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- | |
| Cost of sales: |
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- | |
| Gross profit or (loss): |
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- | |
| Operating profit or (loss): |
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- | |
| Profit or (loss) on ordinary activities before taxation: |
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- | |
| Profit or (loss) for the financial year: |
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- |
The notes form part of these financial statements
APOLLO SCHOOLS TRUST
Statement of total recognised gains and losses
31st August 2014
Statement of total recognised gains and losses
The company does not have any gains and losses other than Profit and Loss for the period to report.The notes form part of these financial statements
APOLLO SCHOOLS TRUST
Balance sheet
As at 31st August 2014
| Notes | 2014 £ |
£ |
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|---|---|---|---|
| Fixed assets | |||
| Tangible assets: | 2 |
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- |
| Total fixed assets: |
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- | |
| Current assets | |||
| Debtors: |
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- | |
| Cash at bank and in hand: |
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- | |
| Total current assets: |
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- | |
| Creditors: amounts falling due within one year |
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- | |
| Net current assets (liabilities): |
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- | |
| Total assets less current liabilities: |
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- | |
| Total net assets (liabilities): |
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- |
The notes form part of these financial statements
APOLLO SCHOOLS TRUST
Balance sheet
As at 31st August 2014
continued
| Notes | 2014 £ |
£ |
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|---|---|---|---|
| Capital and reserves | |||
| Called up share capital: | 3 |
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- |
| Profit and Loss account: | 4 |
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| Total shareholders funds: |
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- |
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Margaret Patricia Saxton
Status: Director
The notes form part of these financial statements
APOLLO SCHOOLS TRUST
Notes to the Financial Statements
for the Period Ended
31st August 2014
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention in accordance with applicable United Kingdom Accounting Standards, the statement of recommended practice ('SORP') 'Accounting and reporting by Charities', the Academies: Accounts Direction 2013/14 issued by the Education Funding Agency and Companies Act 2006. Turnover policy
All incoming resources are recognised when the Academy Trust has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. Grants are included in the Statement of Financial Activities based upon when the Academy Trust has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Other grants from government agencies and other bodies are recognised in the period in which they are receivable to the extent the conditions of funding have been met. Where income is received in advance of entitlement of receipt its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received the income is accrued. Tangible fixed assets depreciation policy
Tangible fixed assets costing £5,000 or more are capitalised at cost and are carried at cost net of depreciation and any provision for impairment. Where tangible fixed assets have been acquired with the aid of specific grants, either from the government or from the private sector, they are included in the balance sheet at cost and depreciated over their expected useful economic life. Where the related grants require the asset to be held for a specific purpose they are credited to a restricted fixed asset fund in the Statement of Financial Activities and carried forward in the Balance Sheet, with this amount being reduced over the useful economic life of the related asset on a basis consistent with the depreciation policy.
APOLLO SCHOOLS TRUST
Notes to the Financial Statements
for the Period Ended
31st August 2014
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2. Tangible assets
Land and buildings Plant Machinery Fixtures and fittings Office Equipment Motor vehicles Total Cost £ £ £ £ £ £ At 07th August 2013: - - 0 - - 0 Additions: - - 537,000 - - 537,000 At 31st August 2014: - - 537,000 - - 537,000 Depreciation At 07th August 2013: - - 0 - - 0 At 31st August 2014: - - 0 - - 0 Net book value At 31st August 2014: - - 537,000 - - 537,000 At : - - 0 - - -
APOLLO SCHOOLS TRUST
Notes to the Financial Statements
for the Period Ended
31st August 2014
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4. Profit and loss account
2014 £ £ Opening balance: 0 - Profit or (loss) for the period: 941,000 - Equity dividends paid: 0 - Retained profit: 941,000 0