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REGISTERED NUMBER: 00365743 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2017

FOR

THE NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED

THE NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED (REGISTERED NUMBER: 00365743)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2017







DIRECTORS: B Ellis
Mrs C Faithfull
D M Horwitz
Miss K Ismay
Mrs M M Jacobs
Miss J A Leworthy





SECRETARY: D M Horwitz





REGISTERED OFFICE: Redington Court
69 Church Road
Hove
BN3 2BB





REGISTERED NUMBER: 00365743 (England and Wales)





ACCOUNTANTS: Simon Winnard & Company
Redington Court
69 Church Road
Hove
East Sussex
BN3 2BB

THE NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED (REGISTERED NUMBER: 00365743)

BALANCE SHEET
5 APRIL 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,916 1,848

CURRENT ASSETS
Debtors 5 484 4,876
Cash at bank and in hand 80,632 65,020
81,116 69,896
CREDITORS
Amounts falling due within one year 6 9,910 5,882
NET CURRENT ASSETS 71,206 64,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,122

65,862

CAPITAL AND RESERVES
Called up share capital 3 3
Other reserves 320 320
Retained earnings 72,799 65,539
SHAREHOLDERS' FUNDS 73,122 65,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED (REGISTERED NUMBER: 00365743)

BALANCE SHEET - continued
5 APRIL 2017


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 Board of Directors on 1 September 2017 and were signed on its behalf
by:




D M Horwitz - Director



Mrs M M Jacobs - Director


THE NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED (REGISTERED NUMBER: 00365743)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2017


1. STATUTORY INFORMATION

The New Era Academy of Drama and Music (London) 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 represents net invoiced provision of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 2 .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 6 April 2016 25,715 697 3,243 29,655
Additions - 706 - 706
At 5 April 2017 25,715 1,403 3,243 30,361
DEPRECIATION
At 6 April 2016 25,715 539 1,553 27,807
Charge for year - 216 422 638
At 5 April 2017 25,715 755 1,975 28,445
NET BOOK VALUE
At 5 April 2017 - 648 1,268 1,916
At 5 April 2016 - 158 1,690 1,848

THE NEW ERA ACADEMY OF DRAMA AND MUSIC
(LONDON) LIMITED (REGISTERED NUMBER: 00365743)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2017


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 484 617
Accrued income - 4,259
484 4,876

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Tax 4,521 919
Other creditors 3,109 1,213
Accrued expenses 2,280 3,750
9,910 5,882

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

In their professional capacity, Directors carried out duties as teachers and examiners on behalf of the company
for which they received fees, commission and expenses in the year to 5 April 2017 as below.


Fees and commission Expenses Total
£ £ £
Mr B Ellis 82 80 162
Mrs C Faithfull NIL NIL NIL
Mr D M Horwitz NIL NIL NIL
Miss K Ismay NIL NIL NIL
Mrs M M Jacobs 2,864 946 3,810
Miss J A Leworthy 90 5 95

During the period, £13,434 and £26,847 were paid to Mr D Horwitz and Mrs M Jacobs respectively in relation
to consultancy fees. In addition D Horwitz received £3,119 for bookkeeping services and Mrs M Jacobs received
£9,237 in respect of use of premises. Mr D Horwitz and Mrs M Jacobs also received gross salaries of £5,335 and
£6,000 respectively.