Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-04-012creation and exploitation of intellectual property2truefalsetrue 07966868 2021-04-01 2022-03-31 07966868 2020-04-01 2021-03-31 07966868 2022-03-31 07966868 2021-03-31 07966868 c:Director1 2021-04-01 2022-03-31 07966868 d:CurrentFinancialInstruments 2022-03-31 07966868 d:CurrentFinancialInstruments 2021-03-31 07966868 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07966868 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 07966868 d:ShareCapital 2022-03-31 07966868 d:ShareCapital 2021-03-31 07966868 d:RetainedEarningsAccumulatedLosses 2022-03-31 07966868 d:RetainedEarningsAccumulatedLosses 2021-03-31 07966868 c:OrdinaryShareClass1 2021-04-01 2022-03-31 07966868 c:OrdinaryShareClass1 2022-03-31 07966868 c:OrdinaryShareClass1 2021-03-31 07966868 c:FRS102 2021-04-01 2022-03-31 07966868 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 07966868 c:FullAccounts 2021-04-01 2022-03-31 07966868 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 07966868 2 2021-04-01 2022-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 07966868
















JJL RIGHTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

 
JJL RIGHTS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 3


 
JJL RIGHTS LIMITED
REGISTERED NUMBER:07966868

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
52
7,287

Cash at bank and in hand
  
171,266
246,495

  
171,318
253,782

Creditors: amounts falling due within one year
 5 
(69,948)
(86,957)

Net current assets
  
 
 
101,370
 
 
166,825

Total assets less current liabilities
  
101,370
166,825

  

Net assets
  
101,370
166,825


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
101,270
166,725

  
101,370
166,825


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G E Andreae
Director

Date: 18 August 2022

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
JJL RIGHTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

JJL Rights Limited is a limited liability company registered in  England and Wales , with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company during the year was that of the creation and exploitation of intellectual property.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of Royalties received during the period, exclusive of Value Added Tax and trade discounts.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Creditors

Short term creditors are measured at the transaction price. 

 
2.5

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 2

 
JJL RIGHTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.7

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).


4.


Debtors

2022
2021
£
£


Trade debtors
-
7,171

Other debtors
52
116

52
7,287



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other taxation and social security
64,936
82,325

Other creditors
832
832

Accruals and deferred income
4,180
3,800

69,948
86,957



6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary Shares shares of £1.00 each
100
100


 
Page 3