Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false3No description of principal activity2022-04-013truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09066868 2022-04-01 2023-03-31 09066868 2021-04-01 2022-03-31 09066868 2023-03-31 09066868 2022-03-31 09066868 c:Director1 2022-04-01 2023-03-31 09066868 d:ShareCapital 2023-03-31 09066868 d:ShareCapital 2022-03-31 09066868 d:RetainedEarningsAccumulatedLosses 2023-03-31 09066868 d:RetainedEarningsAccumulatedLosses 2022-03-31 09066868 c:OrdinaryShareClass1 2022-04-01 2023-03-31 09066868 c:OrdinaryShareClass1 2023-03-31 09066868 c:OrdinaryShareClass1 2022-03-31 09066868 c:OrdinaryShareClass2 2022-04-01 2023-03-31 09066868 c:OrdinaryShareClass2 2023-03-31 09066868 c:OrdinaryShareClass2 2022-03-31 09066868 c:FRS102 2022-04-01 2023-03-31 09066868 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09066868 c:FullAccounts 2022-04-01 2023-03-31 09066868 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09066868 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09066868










JACARANDA CARPETS HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
JACARANDA CARPETS HOLDINGS LIMITED
REGISTERED NUMBER: 09066868

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,501
1,501

  
1,501
1,501

Current assets
  

Cash at bank and in hand
  
13
165

  
13
165

Total assets less current liabilities
  
 
 
1,514
 
 
1,666

  

Net assets
  
1,514
1,666


Capital and reserves
  

Called up share capital 
 5 
1,501
1,501

Profit and loss account
  
13
165

  
1,514
1,666


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 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 by: 




................................................
R C Meager
Director

Date: 3 November 2023

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
JACARANDA CARPETS HOLDINGS LIMITED
REGISTERED NUMBER: 09066868
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023


Page 2

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

1.


General information

The Company is a private company limited by shares and is registered in England and Wales. The Company's registered number is 09066868. The Company's registered office is 1 Cockerel Rise, Desborough, Kettering, NN14 2WE.

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The directors continue to review cash and profit forecasts and are of the view that the company is able to continue as a going concern for a period of at least 12 months from the date of signing the financial statements, on the basis of financing arrangements in place and the ongoing support of the directors and its subsidiary company.
The directors have looked ahead for a period in excess of 12 months from the date of approval of these financial statements in forming their assessment that the company is a going concern.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.

Page 3

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

2.Accounting policies (continued)

 
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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.7

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 year was 3 (2022 - 3).

Page 4

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

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
1,501



At 31 March 2023
1,501





5.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,501 (2022 - 1,501) Ordinary A shares of £0.88 each
1,321
1,321
1,501 (2022 - 1,500) Ordinary B shares of £0.12 each
180
180

1,501

1,501

The Ordinary A and Ordinary B shares are both non-redeemable and rank equally in terms of rights to dividends and voting rights.



6.


Related party transactions

In accordance with section 1A of FRS 102, transactions between wholly owned group companies have not been disclosed.
Dividends were paid to directors amounting to £Nil (2022: £324,715). 


7.


Controlling party

Jacaranda Group Limited is the company's controlling party by virtue of its 100% shareholding. Jacaranda Group Limited is incorporated in England and Wales and its registered office is: 1 Cockerel Rise, Magnetic Park, Desborough, Northamptonshire, NN14 2WE.

 
Page 5