Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30false2022-05-01Management consultants and property investment.true22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03503175 2022-05-01 2023-04-30 03503175 2021-05-01 2022-04-30 03503175 2023-04-30 03503175 2022-04-30 03503175 c:Director2 2022-05-01 2023-04-30 03503175 d:FurnitureFittings 2023-04-30 03503175 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 03503175 d:CurrentFinancialInstruments 2023-04-30 03503175 d:CurrentFinancialInstruments 2022-04-30 03503175 d:Non-currentFinancialInstruments 2023-04-30 03503175 d:Non-currentFinancialInstruments 2022-04-30 03503175 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 03503175 c:FullAccounts 2022-05-01 2023-04-30 03503175 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 03503175 c:Micro-entities 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 03503175










J P MANAGEMENT CONSULTANTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
J P MANAGEMENT CONSULTANTS LIMITED
REGISTERED NUMBER: 03503175

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
£
£


Fixed assets
1,996,493
2,502,641

Current assets
184,612
336,450

Creditors: amounts falling due within one year
(1,083,546)
(1,193,897)

Net current liabilities
 
 
(898,934)
 
 
(857,447)

Total assets less current liabilities
1,097,559
1,645,194

Creditors: amounts falling due after more than one year
(105,518)
(756,237)


Net assets
992,041
888,957



Capital and reserves
992,041
888,957


Notes


Average number of employees

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

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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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 13 November 2023.



Mr J Patel
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
J P MANAGEMENT CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

J P Management Consultants Limited is a private company, limited by share capital, incorporated in England and Wales, registration number 03503175. The address of the registered office is 37 Warren Street, London W1T 6AD.

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 Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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 reporting date in the countries where the Company operates and generates income.

 
2.4

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 2

 
J P MANAGEMENT CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
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

Investment property

Investment property is carried at fair value which, in directors opinion, is not materially different from its market value. No depreciation is provided. Changes in fair value are recognised in the profit and loss account.


3.


Tangible fixed assets





Furniture & equipments

£



Cost or valuation


At 1 May 2022
2,916



At 30 April 2023

2,916



Depreciation


At 1 May 2022
2,853


Charge for the year on owned assets
16



At 30 April 2023

2,869



Net book value



At 30 April 2023
47

Page 3

 
J P MANAGEMENT CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 May 2022
2,502,578


Disposals
(506,132)



At 30 April 2023
1,996,446




In the opinion of the directors, the aggregate open market value of the properties is £1,996,446 (2022 - £2,502,578) and the value is shown in the accounts.


5.


Debtors

2023
2022
£
£


Other debtors
86,000
77,600

Prepayments
5,472
4,733

91,472
82,333



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
93,140
254,117

93,140
254,117


Page 4

 
J P MANAGEMENT CONSULTANTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
24,211
88,265

Amounts due to associated company
1,005,503
1,005,503

Corporation tax payable
16,081
57,874

Other taxation and social security
2,604
2,600

Directors' loan account
10,894
14,645

Accruals
24,253
25,010

1,083,546
1,193,897


Bank loans are secured by a fixed and floating charge over the assets of the company.


8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
105,518
756,237

105,518
756,237


Bank loans are secured by a fixed and floating charge over the assets of the company.


9.


Controlling party

The company was under the control of the directors Mr J Patel (50% B shares) and Mrs J Patel (50% A shares) by virtue of the fact that between them own 100% of the issued share capital. 

 
Page 5