The Wellesley School Of English Limited - Accounts to registrar (filleted) - small 17.3

The Wellesley School Of English Limited - Accounts to registrar (filleted) - small 17.3

THE WELLESLEY SCHOOL OF ENGLISH LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.3.1.106 05692752 director 1.2.17 31.1.18 31.1.18 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure056927522017-01-31056927522018-01-31056927522017-02-012018-01-31056927522016-01-31056927522016-02-012017-01-31056927522017-01-3105692752ns15:EnglandWales2017-02-012018-01-3105692752ns14:PoundSterling2017-02-012018-01-3105692752ns10:Director12017-02-012018-01-3105692752ns10:PrivateLimitedCompanyLtd2017-02-012018-01-3105692752ns10:SmallEntities2017-02-012018-01-3105692752ns10:AuditExempt-NoAccountantsReport2017-02-012018-01-3105692752ns10:SmallCompaniesRegimeForDirectorsReport2017-02-012018-01-3105692752ns10:SmallCompaniesRegimeForAccounts2017-02-012018-01-3105692752ns10:FullAccounts2017-02-012018-01-310569275212017-02-012018-01-3105692752ns10:OrdinaryShareClass12017-02-012018-01-3105692752ns10:RegisteredOffice2017-02-012018-01-3105692752ns5:CurrentFinancialInstruments2018-01-3105692752ns5:CurrentFinancialInstruments2017-01-3105692752ns5:ShareCapital2018-01-3105692752ns5:ShareCapital2017-01-3105692752ns5:RetainedEarningsAccumulatedLosses2018-01-3105692752ns5:RetainedEarningsAccumulatedLosses2017-01-3105692752ns5:NetGoodwill2017-02-012018-01-3105692752ns5:IntangibleAssetsOtherThanGoodwill2017-02-012018-01-3105692752ns5:NetGoodwill2017-01-3105692752ns5:NetGoodwill2018-01-3105692752ns5:NetGoodwill2017-01-3105692752ns10:OrdinaryShareClass12018-01-3105692752ns5:RetainedEarningsAccumulatedLosses2017-01-3105692752ns5:RetainedEarningsAccumulatedLosses2017-02-012018-01-31


REGISTERED NUMBER: 05692752 (England and Wales)















Financial Statements for the Year Ended 31 January 2018

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 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Wellesley School Of English Limited

Company Information
for the year ended 31 January 2018







DIRECTOR: Miss T Stafford





REGISTERED OFFICE: 99 Canterbury Road
Whitstable
Kent
CT5 4HG





REGISTERED NUMBER: 05692752 (England and Wales)





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

Balance Sheet
31 January 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 5,000

CURRENT ASSETS
Cash at bank and in hand 4,199 572

CREDITORS
Amounts falling due within one year 5 8,973 4,758
NET CURRENT LIABILITIES (4,774 ) (4,186 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
226
814

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 126 714
SHAREHOLDERS' FUNDS 226 814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 1 March 2018 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 2018


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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 (2017 - 1 ) .

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

Notes to the Financial Statements - continued
for the year ended 31 January 2018


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2017
and 31 January 2018 5,000
NET BOOK VALUE
At 31 January 2018 5,000
At 31 January 2017 5,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 660 600
Taxation and social security 776 -
Other creditors 7,537 4,158
8,973 4,758

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary 1 100 100

7. RESERVES
Retained
earnings
£   

At 1 February 2017 714
Profit for the year 3,412
Dividends (4,000 )
At 31 January 2018 126

Page 4