Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseNo description of principal activity33truetrue 00632622 2022-07-01 2023-06-30 00632622 2021-07-01 2022-06-30 00632622 2023-06-30 00632622 2022-06-30 00632622 c:Director1 2022-07-01 2023-06-30 00632622 d:Buildings d:LongLeaseholdAssets 2022-07-01 2023-06-30 00632622 d:Buildings d:LongLeaseholdAssets 2023-06-30 00632622 d:Buildings d:LongLeaseholdAssets 2022-06-30 00632622 d:FurnitureFittings 2022-07-01 2023-06-30 00632622 d:FurnitureFittings 2023-06-30 00632622 d:FurnitureFittings 2022-06-30 00632622 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 00632622 d:ComputerEquipment 2022-07-01 2023-06-30 00632622 d:ComputerEquipment 2023-06-30 00632622 d:ComputerEquipment 2022-06-30 00632622 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 00632622 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 00632622 d:CurrentFinancialInstruments 2023-06-30 00632622 d:CurrentFinancialInstruments 2022-06-30 00632622 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 00632622 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 00632622 d:RetainedEarningsAccumulatedLosses 2023-06-30 00632622 d:RetainedEarningsAccumulatedLosses 2022-06-30 00632622 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-07-01 2023-06-30 00632622 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-06-30 00632622 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-06-30 00632622 c:FRS102 2022-07-01 2023-06-30 00632622 c:Audited 2022-07-01 2023-06-30 00632622 c:FullAccounts 2022-07-01 2023-06-30 00632622 c:CompanyLimitedByGuarantee 2022-07-01 2023-06-30 00632622 d:WithinOneYear 2023-06-30 00632622 d:WithinOneYear 2022-06-30 00632622 d:BetweenOneFiveYears 2023-06-30 00632622 d:BetweenOneFiveYears 2022-06-30 00632622 c:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure
Registered number: 00632622














JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM
(A company limited by guarantee)
 REPORT OF THE COUNCIL AND FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2023

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM
 
(A company limited by guarantee)
REGISTERED NUMBER: 00632622

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
13,468
16,479

  
13,468
16,479

Current assets
  

Debtors: amounts falling due within one year
 5 
38,971
39,708

Cash at bank and in hand
 6 
426,496
466,438

  
465,467
506,146

Creditors: amounts falling due within one year
 7 
(244,488)
(190,445)

Net current assets
  
 
 
220,979
 
 
315,701

Total assets less current liabilities
  
234,447
332,180

Provisions for liabilities
  

Other provisions
 8 
-
(33,206)

  
 
 
-
 
 
(33,206)

Net assets
  
234,447
298,974


Capital and reserves
  

Profit and loss account
  
234,447
298,974

  
234,447
298,974


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 comprehensive income 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 24 October 2023.




Akihiko Takada
Council members
Page 1

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM
 
(A company limited by guarantee)
REGISTERED NUMBER: 00632622
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023


The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Japanese Chamber of Commerce and Industry in the United Kingdom is a company limited by guarantee. The company incorporated in the United Kingdom and registered in England.
The principal place of business and registered address is 5th Floor, Salisbury House, 29 Finsbury Circus, London, EC2M 5QQ.

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:

 
2.3

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.

 
2.4

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 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.

 
2.5

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.

Page 3

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold Improvements
-
5 years
Fixtures and fittings
-
5 years
Computer equipment
-
5 years

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.

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 4

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Employees

The average monthly number of employees during the year was 3 (2022 - 3).


4.


Tangible fixed assets





Leasehold Improvements
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
6,075
19,880
24,339
50,294


Additions
-
-
1,964
1,964



At 30 June 2023

6,075
19,880
26,303
52,258



Depreciation


At 1 July 2022
5,986
19,643
8,186
33,815


Charge for the year on owned assets
89
98
4,788
4,975



At 30 June 2023

6,075
19,741
12,974
38,790



Net book value



At 30 June 2023
-
139
13,329
13,468



At 30 June 2022
89
237
16,153
16,479


5.


Debtors

2023
2022
£
£


Trade debtors
85
-

Other debtors
-
2,707

Prepayments and accrued income
38,886
37,001

38,971
39,708


Page 5

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
426,497
466,438

426,497
466,438



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
51,293
22,502

Accruals and deferred income
193,195
167,943

244,488
190,445



8.


Provisions





Post-employment benefits

£





At 1 July 2022
33,206


Other movements
(33,206)



At 30 June 2023
-

Page 6

 
JAPANESE CHAMBER OF COMMERCE AND INDUSTRY IN THE UNITED KINGDOM

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

9.


Commitments under operating leases

At 30 June 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
In the prior year, £265,015 initially recorded as later than 1 year and not later than 5 years was restated amounting to £99,680 as the commitment was calculated in 5 years period instead of 3 years period in the lease agreement.

As restated
2023
2022
£
£


Not later than 1 year
80,100
80,100

Later than 1 year and not later than 5 years
19,580
99,680

99,680
179,780


10.


Auditors' information

The auditors' report on the financial statements for the year ended 30 June 2023 was unqualified.

The audit report was signed on 24 October 2023 by Yusuke Takanishi (Senior statutory auditor) on behalf of Greenback Alan LLP.

Page 7