Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false12022-04-01No description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09995932 2022-04-01 2023-03-31 09995932 2021-04-01 2022-03-31 09995932 2023-03-31 09995932 2022-03-31 09995932 c:Director1 2022-04-01 2023-03-31 09995932 d:CurrentFinancialInstruments 2023-03-31 09995932 d:CurrentFinancialInstruments 2022-03-31 09995932 d:Non-currentFinancialInstruments 2023-03-31 09995932 d:Non-currentFinancialInstruments 2022-03-31 09995932 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09995932 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09995932 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09995932 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 09995932 d:UKTax 2022-04-01 2023-03-31 09995932 d:UKTax 2021-04-01 2022-03-31 09995932 d:ShareCapital 2023-03-31 09995932 d:ShareCapital 2022-03-31 09995932 d:RetainedEarningsAccumulatedLosses 2023-03-31 09995932 d:RetainedEarningsAccumulatedLosses 2022-03-31 09995932 c:FRS102 2022-04-01 2023-03-31 09995932 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09995932 c:FullAccounts 2022-04-01 2023-03-31 09995932 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09995932 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 09995932









JMB HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
JMB HOLDINGS LIMITED
REGISTERED NUMBER: 09995932

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
285,541
80,281

  
285,541
80,281

Current assets
  

Debtors: amounts falling due within one year
 6 
2,000
-

Cash at bank and in hand
 7 
18,921
19,049

  
20,921
19,049

Creditors: amounts falling due within one year
 8 
(2,971)
(2,593)

Net current assets
  
 
 
17,950
 
 
16,456

Total assets less current liabilities
  
303,491
96,737

Creditors: amounts falling due after more than one year
 9 
(284,007)
(79,261)

  

Net assets
  
19,484
17,476


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
19,384
17,376

  
19,484
17,476


Page 1

 
JMB HOLDINGS LIMITED
REGISTERED NUMBER: 09995932
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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.

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




................................................
J M Lewin
Director

Date: 27 October 2023

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

Page 2

 
JMB HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

JMB Holdings Limited is a private company limited by shares. The Company is incorporated in England and Wales  and the address of its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is 09995932.

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

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
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 countries where the Company operates and generates income.

Page 3

 
JMB HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 1).


4.


Taxation


2023
2022
£
£

Corporation tax


Current tax on profits for the year
471
593


471
593


Total current tax
471
593





Page 4

 
JMB HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
 
4.Taxation (continued)


Factors that may affect future tax charges

There were no factors that may affect future tax charges.


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2022
80,281


Additions
224,180


Disposals
(18,920)



At 31 March 2023
285,541





6.


Debtors

2023
2022
£
£


Prepayments and accrued income
2,000
-

2,000
-



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
18,921
19,051

18,921
19,051


Page 5

 
JMB HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
471
593

Accruals and deferred income
2,500
2,000

2,971
2,593



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
284,007
79,261

284,007
79,261


 
Page 6