Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31truefalsetrue2022-02-18No description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13926836 2022-02-17 13926836 2022-02-18 2023-03-31 13926836 2021-03-01 2022-02-17 13926836 2023-03-31 13926836 c:Director1 2022-02-18 2023-03-31 13926836 d:CurrentFinancialInstruments 2023-03-31 13926836 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13926836 d:ShareCapital 2023-03-31 13926836 d:RetainedEarningsAccumulatedLosses 2023-03-31 13926836 c:OrdinaryShareClass1 2022-02-18 2023-03-31 13926836 c:OrdinaryShareClass1 2023-03-31 13926836 c:FRS102 2022-02-18 2023-03-31 13926836 c:AuditExempt-NoAccountantsReport 2022-02-18 2023-03-31 13926836 c:FullAccounts 2022-02-18 2023-03-31 13926836 c:PrivateLimitedCompanyLtd 2022-02-18 2023-03-31 13926836 6 2022-02-18 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13926836









JON SMILE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
JON SMILE LTD
REGISTERED NUMBER: 13926836

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2023
Note
£
£

Fixed assets
  

Investments
 4 
20

  
20

Current assets
  

Debtors: amounts falling due within one year
 5 
26,852

Cash at bank and in hand
 6 
143,390

  
170,242

Creditors: amounts falling due within one year
 7 
(55,545)

Net current assets
  
 
 
114,697

Total assets less current liabilities
  
114,717

  

Net assets
  
114,717


Capital and reserves
  

Called up share capital 
 8 
1

Profit and loss account
  
114,716

Total equity
  
114,717


Page 1

 
JON SMILE LTD
REGISTERED NUMBER: 13926836
    
BALANCE SHEET (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 period 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 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: 




J Nicholas
Director

Date: 25 October 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
JON SMILE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Jon Smile Ltd is a private company, limited by shares. The company is incorporated in England and Wales and its registered office address is Aston House, Cornwall Avenue, London, N3 1LF. 

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

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.

 
2.4

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 3

 
JON SMILE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 period was 1.


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
20



At 31 March 2023
20




Page 4

 
JON SMILE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

5.


Debtors

2023
£


Trade debtors
24,886

Prepayments and accrued income
1,966

26,852



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
143,390



7.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
36,144

Other creditors
17,361

Accruals and deferred income
2,040

55,545



8.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On incorporation, 1 ordinary share of £1.00 was issued at par to form the initial capital base of the company.

 
Page 5