Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-112023-02-11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-02-12false2retail of bowls equipment1falsetrue 03512447 2022-02-12 2023-02-11 03512447 2021-02-01 2022-02-11 03512447 2023-02-11 03512447 2022-02-11 03512447 c:Director3 2022-02-12 2023-02-11 03512447 d:FurnitureFittings 2022-02-12 2023-02-11 03512447 d:OfficeEquipment 2022-02-12 2023-02-11 03512447 d:CurrentFinancialInstruments 2023-02-11 03512447 d:CurrentFinancialInstruments 2022-02-11 03512447 d:Non-currentFinancialInstruments 2023-02-11 03512447 d:Non-currentFinancialInstruments 2022-02-11 03512447 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-11 03512447 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-11 03512447 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-11 03512447 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-02-11 03512447 d:ShareCapital 2023-02-11 03512447 d:ShareCapital 2022-02-11 03512447 d:RetainedEarningsAccumulatedLosses 2023-02-11 03512447 d:RetainedEarningsAccumulatedLosses 2022-02-11 03512447 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-02-11 03512447 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-02-11 03512447 c:EntityNoLongerTradingButTradedInPast 2022-02-12 2023-02-11 03512447 c:FRS102 2022-02-12 2023-02-11 03512447 c:AuditExempt-NoAccountantsReport 2022-02-12 2023-02-11 03512447 c:FullAccounts 2022-02-12 2023-02-11 03512447 c:PrivateLimitedCompanyLtd 2022-02-12 2023-02-11 iso4217:GBP xbrli:pure

Registered number: 03512447










JULIAN HAINES BOWLS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 11 FEBRUARY 2023

 
JULIAN HAINES BOWLS LIMITED
REGISTERED NUMBER: 03512447

BALANCE SHEET
AS AT 11 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
448

Cash at bank and in hand
 5 
24
3,171

  
24
3,619

Creditors: amounts falling due within one year
 6 
(7,280)
(20,990)

Net current liabilities
  
 
 
(7,256)
 
 
(17,371)

Total assets less current liabilities
  
(7,256)
(17,371)

Creditors: amounts falling due after more than one year
 7 
(19,267)
(22,100)

  

Net liabilities
  
(26,523)
(39,471)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(26,623)
(39,571)

  
(26,523)
(39,471)


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 profit and loss account 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 on 31 October 2023.




J.J. O'Donnell
Page 1

 
JULIAN HAINES BOWLS LIMITED
REGISTERED NUMBER: 03512447
    
BALANCE SHEET (CONTINUED)
AS AT 11 FEBRUARY 2023

Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2023

1.


General information

The entity is a private limited company incorporated in England and Wales. The registered office is located at 6 Northlands Road, Southampton, Hampshire, SO15 2LF. Trade ceased on 11th February 2022.

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

Going concern

The company ceased trading on 11th February 2022 so the accounts have not been prepared on a going concern basis. The transactions in the year were largely to clear accounts balance at that date, including the release of inter-company balances.  

 
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

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and loss account in the same period as the related expenditure.

Page 3

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss 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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

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 either a reducing balance or straight line basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15% reducing balance basis
Office equipment
-
25% straight line basis

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.

 
2.9

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.

Page 4

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2023

2.Accounting policies (continued)

 
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. 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.

 
2.11

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 1 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
-
448

-
448



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
24
3,171

24
3,171


Page 5

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
6,800
6,800

Trade creditors
-
5,410

Other creditors
-
6,680

Accruals and deferred income
480
2,100

7,280
20,990



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
19,267
22,100

19,267
22,100


Page 6

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
6,800
6,800


6,800
6,800

Amounts falling due 1-2 years

Bank loans
6,800
6,800


6,800
6,800

Amounts falling due 2-5 years

Bank loans
12,467
15,300


12,467
15,300


26,067
28,900



9.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
24
3,171




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


10.


Pension commitments

The Company had operated a defined contributions pension scheme. This was shut down during the year.


11.


Related party transactions

During the year all inter-company balances with it's parent company and another company owned by the Director, Functionall Catering Limited, were agreed to be released in full. 

Page 7

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2023

12.


Controlling party

During the year the company was under the control of Living the Dream Bournemouth Limited who owned 100% of the share capital. That company shares the same registered office address as Julian Haines Bowls Limited.

 
Page 8