Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28true2022-03-011trueNo description of principal activity1true 07783302 2022-03-01 2023-02-28 07783302 2021-03-01 2022-02-28 07783302 2023-02-28 07783302 2022-02-28 07783302 c:Director1 2022-03-01 2023-02-28 07783302 d:CurrentFinancialInstruments 2023-02-28 07783302 d:CurrentFinancialInstruments 2022-02-28 07783302 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07783302 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 07783302 d:ShareCapital 2023-02-28 07783302 d:ShareCapital 2022-02-28 07783302 d:RetainedEarningsAccumulatedLosses 2023-02-28 07783302 d:RetainedEarningsAccumulatedLosses 2022-02-28 07783302 c:EntityHasNeverTraded 2022-03-01 2023-02-28 07783302 c:FRS102 2022-03-01 2023-02-28 07783302 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 07783302 c:FullAccounts 2022-03-01 2023-02-28 07783302 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 07783302 6 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 07783302









J M MCLELLAN LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
J M MCLELLAN LTD
REGISTERED NUMBER: 07783302

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,000
1,000

  
1,000
1,000

  

Creditors: amounts falling due within one year
 5 
(14,456)
(14,456)

Net current liabilities
  
 
 
(14,456)
 
 
(14,456)

Total assets less current liabilities
  
(13,456)
(13,456)

  

Net liabilities
  
(13,456)
(13,456)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(13,457)
(13,457)

  
(13,456)
(13,456)


Page 1

 
J M MCLELLAN LTD
REGISTERED NUMBER: 07783302
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

For the year ended 28 February 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 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 McLellan
Director
Date: 3 November 2023

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
J M MCLELLAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

J M McLellan Ltd is a private company limited by shares. The company is incorporated in England & Wales and its trading address is 43-45 Market Street, Marple, Chesire, SK6 7AA. The registered number is 07783302.

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.

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. During the year  the company has been dormant and at the balance sheet date the company had net current liabilities of £13,456.
The director considers the going concern basis to be appropriate because in his opinion, the company will continue to obtain sufficient funding to enable it to pay its debts as they fall due and also will receive continuing support from the director and shareholders. If the company were unable to obtain such funding, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.5

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.

 
2.6

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.

Page 3

 
J M MCLELLAN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

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


4.


Fixed asset investments





Investments in associates

£



Cost or valuation


At 1 March 2022
1,000



At 28 February 2023
1,000




The company is a designated member of James McLellan LLP ("the LLP") and has contributed capital of £1,000 as at 28 February 2023. 
The LLP is incorporated in England and Wales and the principal activity is that of an investment entity. The aggregate amount of Members' capital and other reserves of the LLP as at 31 March 2023 amounted to £1,000. 


5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to other participating interests
12,059
12,059

Other creditors
347
347

Accruals and deferred income
2,050
2,050

14,456
14,456


Page 4