Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05260974 2022-07-01 2023-06-30 05260974 2021-07-01 2022-06-30 05260974 2023-06-30 05260974 2022-06-30 05260974 c:Director1 2022-07-01 2023-06-30 05260974 d:PlantMachinery 2022-07-01 2023-06-30 05260974 d:PlantMachinery 2023-06-30 05260974 d:PlantMachinery 2022-06-30 05260974 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 05260974 d:OfficeEquipment 2022-07-01 2023-06-30 05260974 d:OfficeEquipment 2023-06-30 05260974 d:OfficeEquipment 2022-06-30 05260974 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 05260974 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 05260974 d:CurrentFinancialInstruments 2023-06-30 05260974 d:CurrentFinancialInstruments 2022-06-30 05260974 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05260974 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 05260974 d:ShareCapital 2023-06-30 05260974 d:ShareCapital 2022-06-30 05260974 d:RetainedEarningsAccumulatedLosses 2023-06-30 05260974 d:RetainedEarningsAccumulatedLosses 2022-06-30 05260974 c:FRS102 2022-07-01 2023-06-30 05260974 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 05260974 c:FullAccounts 2022-07-01 2023-06-30 05260974 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 05260974 2 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 05260974









JOVAN CONSULTANTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
JOVAN CONSULTANTS LIMITED
REGISTERED NUMBER: 05260974

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
4,463
4,210

  
4,463
4,210

Current assets
  

Debtors: amounts falling due within one year
 5 
16,800
-

Cash at bank and in hand
 6 
111,081
102,958

  
127,881
102,958

Creditors: amounts falling due within one year
 7 
(60,894)
(40,524)

Net current assets
  
 
 
66,987
 
 
62,434

Total assets less current liabilities
  
71,450
66,644

  

Net assets
  
71,450
66,644


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
71,448
66,642

  
71,450
66,644


Page 1

 
JOVAN CONSULTANTS LIMITED
REGISTERED NUMBER: 05260974
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 her 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 income and retained earnings 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: 




................................................
V M Johnston
Director

Date: 9 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
JOVAN CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Jovan Consultants Limited ("the Company") is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is Sweet Dews Barn Sweet Dews Lane, Allens Green, Sawbridgeworth, Hertfordshire, CM21 0LQ.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

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

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the United Kingdom where the Company operates and generates income.

Page 3

 
JOVAN CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

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 charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Office equipment
-
25%

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 profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
JOVAN CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.10

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2022
3,125
11,194
14,319


Additions
-
1,492
1,492



At 30 June 2023

3,125
12,686
15,811



Depreciation


At 1 July 2022
2,708
7,401
10,109


Charge for the year on owned assets
104
1,135
1,239



At 30 June 2023

2,812
8,536
11,348



Net book value



At 30 June 2023
313
4,150
4,463



At 30 June 2022
417
3,793
4,210

Page 5

 
JOVAN CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Trade debtors
16,800
-



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
111,081
102,958



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
48,542
30,125

Other taxation and social security
9,783
8,377

Other creditors
1,369
822

Accruals and deferred income
1,200
1,200

60,894
40,524


 
Page 6