Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseThe principal activity of the company was that of video operator and video equipment rental in the media industry.11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08920470 2022-04-01 2023-03-31 08920470 2021-04-01 2022-03-31 08920470 2023-03-31 08920470 2022-03-31 08920470 c:Director1 2022-04-01 2023-03-31 08920470 d:OfficeEquipment 2022-04-01 2023-03-31 08920470 d:OfficeEquipment 2023-03-31 08920470 d:OfficeEquipment 2022-03-31 08920470 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08920470 d:Goodwill 2023-03-31 08920470 d:Goodwill 2022-03-31 08920470 d:CurrentFinancialInstruments 2023-03-31 08920470 d:CurrentFinancialInstruments 2022-03-31 08920470 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08920470 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08920470 d:ShareCapital 2023-03-31 08920470 d:ShareCapital 2022-03-31 08920470 d:RetainedEarningsAccumulatedLosses 2023-03-31 08920470 d:RetainedEarningsAccumulatedLosses 2022-03-31 08920470 c:OrdinaryShareClass1 2022-04-01 2023-03-31 08920470 c:OrdinaryShareClass1 2023-03-31 08920470 c:FRS102 2022-04-01 2023-03-31 08920470 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08920470 c:FullAccounts 2022-04-01 2023-03-31 08920470 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08920470 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 08920470 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 08920470 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08920470














JB VIDEO LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
JB VIDEO LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
JB VIDEO LIMITED
REGISTERED NUMBER:08920470

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
53,050
41,497

Current assets
  

Debtors: amounts falling due within one year
 6 
1,030
30,827

Cash at bank and in hand
  
60,947
56,023

  
61,977
86,850

Creditors: amounts falling due within one year
 7 
(39,782)
(46,066)

Net current assets
  
 
 
22,195
 
 
40,784

Total assets less current liabilities
  
75,245
82,281

Provisions for liabilities
  

Deferred tax
 8 
(9,760)
(9,671)

Net assets
  
65,485
72,610


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
65,385
72,510

  
65,485
72,610


Page 1

 
JB VIDEO LIMITED
REGISTERED NUMBER:08920470
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The director considers 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 director acknowledges his 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: 




J Bowman
Director

Date: 2 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
JB VIDEO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

JB Video Limited is a limited liability company incorporated in England and Wales with it's registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company was that of video operator and video equipment rental in the media
industry.

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 goods and services supplied
during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Intangible assets

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value
of the identifiable assets and liabilities. It is amortised to the Profit and Loss Account over its
estimated economic life.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

 
2.5

Debtors

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

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Page 3

 
JB VIDEO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

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.  

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

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 1 (2022 - 1).

Page 4

 
JB VIDEO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2022
10,000



At 31 March 2023

10,000



Amortisation


At 1 April 2022
10,000



At 31 March 2023

10,000



Net book value



At 31 March 2023
-



At 31 March 2022
-




5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
195,626


Additions
29,235



At 31 March 2023

224,861



Depreciation


At 1 April 2022
154,128


Charge for the year on owned assets
17,683



At 31 March 2023

171,811



Net book value



At 31 March 2023
53,050



At 31 March 2022
41,497

Page 5

 
JB VIDEO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors

2023
2022
£
£


Trade debtors
-
6,731

Other debtors
1,030
-

Prepayments and accrued income
-
24,096

1,030
30,827



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and social security
16,366
28,566

Other creditors
21,306
15,635

Accruals and deferred income
2,110
1,865

39,782
46,066



8.


Deferred taxation




2023


£






At beginning of year
(9,671)


Charged to profit or loss
(89)



At end of year
(9,760)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(9,760)
(9,671)

Page 6

 
JB VIDEO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 ordinary shares of £1 each
100
100



10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £12,363 (2022 - £12,072).

 
Page 7