Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-012true2falsetrue 13526126 2022-04-01 2023-03-31 13526126 2023-03-31 13526126 2021-04-01 2022-03-31 13526126 2022-03-31 13526126 c:Director1 2022-04-01 2023-03-31 13526126 c:Director2 2022-04-01 2023-03-31 13526126 d:FreeholdInvestmentProperty 2022-04-01 2023-03-31 13526126 d:FreeholdInvestmentProperty 2023-03-31 13526126 d:FreeholdInvestmentProperty 2022-03-31 13526126 d:CurrentFinancialInstruments 2023-03-31 13526126 d:CurrentFinancialInstruments 2022-03-31 13526126 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13526126 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13526126 d:ShareCapital 2023-03-31 13526126 d:ShareCapital 2022-03-31 13526126 d:RetainedEarningsAccumulatedLosses 2023-03-31 13526126 d:RetainedEarningsAccumulatedLosses 2022-03-31 13526126 c:EntityHasNeverTraded 2022-04-01 2023-03-31 13526126 c:FRS102 2022-04-01 2023-03-31 13526126 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13526126 c:FullAccounts 2022-04-01 2023-03-31 13526126 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 13526126













MEJW Limited

Financial statements
Information for filing with the registrar

31 March 2023




 
MEJW Limited


Balance sheet
At 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
  
827,023
591,444

  
827,023
591,444

Current assets
  

Debtors: amounts falling due within one year
 4 
-
100

Bank and cash balances
  
146
30,075

  
146
30,175

Creditors: amounts falling due within one year
 5 
(833,633)
(625,124)

Net current liabilities
  
 
 
(833,487)
 
 
(594,949)

Total assets less current liabilities
  
(6,464)
(3,505)

  

Net liabilities
  
(6,464)
(3,505)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(6,564)
(3,605)

Shareholders' deficit
  
(6,464)
(3,505)


1

 
MEJW Limited

    
Balance sheet (continued)
At 31 March 2023

For the year ended 31 March 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 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 on 24 October 2023.




Matthew John Collins
Jill Victoria Collins
Director
Director

Registered number: 13526126
The notes on pages 3 to 4 form part of these financial statements. 

2

 
MEJW Limited
 
 

Notes to the financial statements
Year ended 31 March 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of
the registered office is Third Floor Citygate, St James Boulevard, Newcastle Upon Tyne, United Kingdom, NE1 4JE.

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

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.3

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.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

3

 
MEJW Limited
 
 

Notes to the financial statements
Year ended 31 March 2023

3.


Investment property


Freehold investment property

£



Valuation


At 1 April 2022
591,444


Additions at cost
235,579



At 31 March 2023
827,023

The property has been purchased as an asset, with the view to develop it for future economic benefits.
Whilst in construction, no depreciation or revaluation has been recognised, but will be charged / reviewed once the asset is in a state to recognise this revenue.



At 31 March 2023





4.


Debtors

2023
2022
£
£


Other debtors
-
100

-
100



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
829,027
623,444

Other creditors
2,026
-

Accruals and deferred income
2,580
1,680

833,633
625,124



6.


Related party transactions

During the year the company operated an intercompany account with Eclipse (Batley) Limited to record
amounts due and from the company. At 31 March 2023 the company owed £829,027 to Eclipse (Batley) Limited.

 
4