Abbreviated Company Accounts - HURST LODGE LIMITED

HURST LODGE LIMITED - Company Information

01260285 HURST LODGE LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 01260285 2015-09-01 2016-08-31 01260285 2016-08-31 01260285 2015-08-31 01260285 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 01260285 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 01260285

HURST LODGE LIMITED

Abbreviated Accounts

31 August 2016

HURST LODGE LIMITED Registered Number 01260285

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	6,888	13,788
Tangible assets	3	89,287	156,965
		96,175	170,753
Current assets
Debtors		133,592	110,031
Cash at bank and in hand		208,070	170,670
		341,662	280,701
Prepayments and accrued income		14,780	22,405
Creditors: amounts falling due within one year		(510,428)	(529,099)
Net current assets (liabilities)		(153,986)	(225,993)
Total assets less current liabilities		(57,811)	(55,240)
Creditors: amounts falling due after more than one year		(1,034)	(19,262)
Total net assets (liabilities)		(58,845)	(74,502)
Capital and reserves
Called up share capital	4	50	50
Profit and loss account		(58,895)	(74,552)
Shareholders' funds		(58,845)	(74,502)

For the year ending 31 August 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 May 2017

And signed on their behalf by:
V Smit, Director

HURST LODGE LIMITED Registered Number 01260285

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover derives from the company's ordinary activities and is recognised as income when
the tuition is delivered. It is stated exclusive of vat as the company is not vat-registered.

Tangible assets depreciation policy
Tangible fixed assets are stated in the balance sheet at their cost less depreciation.
Depreciation has been provided on fixed assets to write off their cost less
estimated residual value over their expected useful lives, as follows:
Short leasehold buildings over term of the lease
Fixtures and fittings 10% on cost
Computers/ Equipment 25% on cost

Intangible assets amortisation policy
Goodwill and intangibles
Goodwill is capitalised and is being amortised over its useful life of 20 years.

Other accounting policies
Pension costs and other post-retirement benefits
The company pays employers' superannuation contributions in respect of its teaching staff
to the statutory national scheme operated by the Teachers' Pension Scheme. In addition,
the company operates defined contribution pension schemes for the director and other
employees. Contributions payable to the company's pension scheme are charged to the
profit and loss account in the period to which they relate.

2Intangible fixed assets

	£
Cost
At 1 September 2015	137,938
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	137,938
Amortisation
At 1 September 2015	124,150
Charge for the year	6,900
On disposals	-
At 31 August 2016	131,050
Net book values
At 31 August 2016	6,888
At 31 August 2015	13,788

3Tangible fixed assets

	£
Cost
At 1 September 2015	1,685,821
Additions	9,098
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	1,694,919
Depreciation
At 1 September 2015	1,528,856
Charge for the year	76,776
On disposals	-
At 31 August 2016	1,605,632
Net book values
At 31 August 2016	89,287
At 31 August 2015	156,965

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
50 Ordinary shares of £1 each	50	50