Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.66truetrue 00492492 2022-04-01 2023-03-31 00492492 2021-04-01 2022-03-31 00492492 2023-03-31 00492492 2022-03-31 00492492 c:Director1 2022-04-01 2023-03-31 00492492 d:Buildings 2022-04-01 2023-03-31 00492492 d:Buildings 2023-03-31 00492492 d:Buildings 2022-03-31 00492492 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00492492 d:Buildings d:LongLeaseholdAssets 2022-04-01 2023-03-31 00492492 d:Buildings d:LongLeaseholdAssets 2023-03-31 00492492 d:Buildings d:LongLeaseholdAssets 2022-03-31 00492492 d:FurnitureFittings 2022-04-01 2023-03-31 00492492 d:FurnitureFittings 2023-03-31 00492492 d:FurnitureFittings 2022-03-31 00492492 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00492492 d:ComputerEquipment 2022-04-01 2023-03-31 00492492 d:ComputerEquipment 2023-03-31 00492492 d:ComputerEquipment 2022-03-31 00492492 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00492492 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00492492 d:CurrentFinancialInstruments 2023-03-31 00492492 d:CurrentFinancialInstruments 2022-03-31 00492492 d:Non-currentFinancialInstruments 1 2023-03-31 00492492 d:Non-currentFinancialInstruments 1 2022-03-31 00492492 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00492492 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 00492492 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 00492492 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 00492492 d:ShareCapital 2023-03-31 00492492 d:ShareCapital 2022-03-31 00492492 d:RetainedEarningsAccumulatedLosses 2023-03-31 00492492 d:RetainedEarningsAccumulatedLosses 2022-03-31 00492492 c:FRS102 2022-04-01 2023-03-31 00492492 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 00492492 c:FullAccounts 2022-04-01 2023-03-31 00492492 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

00492492







JOHN ANGELL (DOVER) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 MARCH 2023































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JOHN ANGELL (DOVER) LIMITED
REGISTERED NUMBER:00492492

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
70,030
71,053

Current assets
  

Stocks
  
181,756
181,747

Debtors
 6 
453
420

Cash at bank and in hand
  
2,386
15,223

  
184,595
197,390

Creditors: amounts falling due within one year
 7 
(280,496)
(281,726)

Net current liabilities
  
 
 
(95,901)
 
 
(84,336)

Total assets less current liabilities
  
(25,871)
(13,283)

Creditors: amounts falling due after more than one year
 8 
(1,000)
(1,000)

  

Net liabilities
  
(26,871)
(14,283)


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Profit and loss account
  
(28,871)
(16,283)

  
(26,871)
(14,283)


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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

JOHN ANGELL (DOVER) LIMITED
REGISTERED NUMBER:00492492
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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




J.V. Angell
Director
 
Date: 
15 October 2023


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

Page 2

JOHN ANGELL (DOVER) LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

John Angell (Dover) Limited (the 'Company') is a limited company domiciled and incorporated in England and Wales.
The address of its registered office and place of business is 36 Biggin Street, Dover, Kent, CT16 1BU.

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.

Monetary amounts in these financial statements are stated in sterling and rounded to the nearest whole £1.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors intend to strike off the Company and do not therefore consider the the Company to be a going concern. These financial statements have been prepared on a basis other than going concern.

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

 Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Government grants

Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

Page 3

JOHN ANGELL (DOVER) LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

 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 income 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 countries where the Company operates and generates income.

 
2.7

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.

Depreciation is provided on the following basis:

Freehold Shop
-
1% on cost
Extension
-
1% on cost
Fixtures and fittings
-
15% on written down value
Website development
-
33.3% on cost

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.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

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

 
2.10

 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. 

Page 4

JOHN ANGELL (DOVER) LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.11

 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.

 
2.12

 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 -6).


4.


Taxation

The Company has estimated trading losses of £130,416 (2022: £118,799) available to carry forward against future trading profits.


5.


Tangible fixed assets





Freehold shop
Extension
Fixtures and fittings
Website development
Total

£
£
£
£
£



Cost or valuation


At 1 April 2022
40,508
71,207
46,275
9,000
166,990


Additions
-
-
228
-
228



At 31 March 2023

40,508
71,207
46,503
9,000
167,218



Depreciation


At 1 April 2022
14,986
26,345
45,606
9,000
95,937


Charge for the year on owned assets
405
712
134
-
1,251



At 31 March 2023

15,391
27,057
45,740
9,000
97,188



Net book value



At 31 March 2023
25,117
44,150
763
-
70,030



At 31 March 2022
25,522
44,862
669
-
71,053

Page 5

JOHN ANGELL (DOVER) LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors: amounts falling due within one year

2023
2022
£
£



Prepayments and accrued income
453
420

453
420



7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
4,936
3,519

Other taxation and social security
4,098
5,072

Other creditors
264,225
264,302

Accruals and deferred income
7,237
8,833

280,496
281,726



8.


Creditors: amounts falling due after more than one year

2023
2022
£
£

Share capital treated as debt
1,000
1,000



9.


Related party transactions

At the year-end, the Company owed the directors, £264,225 (2022: £264,302). These amounts are included in other creditors falling due within one year, and are interest free and repayable on demand. 

 
Page 6