Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28false2022-03-0111falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11837166 2022-03-01 2023-02-28 11837166 2021-03-01 2022-02-28 11837166 2023-02-28 11837166 2022-02-28 11837166 2021-03-01 11837166 c:Director1 2022-03-01 2023-02-28 11837166 d:MotorVehicles 2022-03-01 2023-02-28 11837166 d:MotorVehicles 2023-02-28 11837166 d:MotorVehicles 2022-02-28 11837166 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 11837166 d:CurrentFinancialInstruments 2023-02-28 11837166 d:CurrentFinancialInstruments 2022-02-28 11837166 d:Non-currentFinancialInstruments 2023-02-28 11837166 d:Non-currentFinancialInstruments 2022-02-28 11837166 d:ShareCapital 2023-02-28 11837166 d:ShareCapital 2022-02-28 11837166 d:ShareCapital 2021-03-01 11837166 d:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 11837166 d:RetainedEarningsAccumulatedLosses 2023-02-28 11837166 d:RetainedEarningsAccumulatedLosses 2021-03-01 2022-02-28 11837166 d:RetainedEarningsAccumulatedLosses 2022-02-28 11837166 d:RetainedEarningsAccumulatedLosses 2021-03-01 11837166 c:FRS102 2022-03-01 2023-02-28 11837166 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 11837166 c:FullAccounts 2022-03-01 2023-02-28 11837166 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11837166 d:HirePurchaseContracts d:WithinOneYear 2023-02-28 11837166 d:HirePurchaseContracts d:WithinOneYear 2022-02-28 11837166 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-02-28 11837166 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-02-28 11837166 6 2022-03-01 2023-02-28 11837166 e:PoundSterling 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 11837166










JEDI HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
JEDI HOLDINGS LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Statement of Changes in Equity
 
3
Notes to the Financial Statements
 
4 - 9


 
JEDI HOLDINGS LIMITED
REGISTERED NUMBER: 11837166

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Fixed assets
  

Tangible assets
  
68,105
-

Investments
 4 
139,937
28,443

  
208,042
28,443

Current assets
  

Debtors: amounts falling due within one year
 6 
169,651
50,100

Cash at bank and in hand
 7 
508,674
1,966

  
678,325
52,066

Creditors: amounts falling due within one year
 8 
(157,770)
(54,539)

Net current assets/(liabilities)
  
 
 
520,555
 
 
(2,473)

Total assets less current liabilities
  
728,597
25,970

  

Creditors: amounts falling due after more than one year
  
(47,239)
-

  
681,358
25,970

Net assets
  
681,358
25,970


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
681,258
25,870

  
681,358
25,970


Page 1

 
JEDI HOLDINGS LIMITED
REGISTERED NUMBER: 11837166
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

The director considers 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 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 28 November 2023.




J E Downey
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 
JEDI HOLDINGS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 March 2022
100
25,870
25,970



Profit for the year
-
696,388
696,388

Dividends: Equity capital
-
(41,000)
(41,000)


At 28 February 2023
100
681,258
681,358


The notes on pages 4 to 9 form part of these financial statements.


STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 March 2021
100
637
737



Profit for the year
-
63,900
63,900

Dividends: Equity capital
-
(38,667)
(38,667)


At 28 February 2022
100
25,870
25,970


The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
JEDI HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Jedi Holdings Limited is a private company Limited by shares and registered in England and Wales, the registration number is 11837166. The registered address is Third Floor Queensberry House, 3 old Burlington Street, London, W1S 3AE.

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 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

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
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 4

 
JEDI HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 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:

Motor vehicles
-
10%

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.

Page 5

 
JEDI HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investmets in joint ventures are carried in the balance sheet at cost as adjusted for post-acquisition changes, less any impairment.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Page 6

 
JEDI HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)


2.11
Financial instruments (continued)

Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1


4.


Fixed asset investments





Investments
Loans to investments
Current account
Total

£
£
£
£



Cost or valuation


At 1 March 2022

-
28,443
-
28,443


Additions
66
145,581
980,131
1,125,778


Disposals
-
(108,337)
(905,947)
(1,014,284)



At 28 February 2023
66
65,687
74,184
139,937




Page 7

 
JEDI HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 March 2022
-


Additions
69,090



At 28 February 2023

69,090



Depreciation


At 1 March 2022
-


Charge for the year on financed assets
985



At 28 February 2023

985



Net book value



At 28 February 2023
68,105



At 28 February 2022
-


6.


Debtors

2023
2022
£
£


Other debtors
167,765
100

Prepayments and accrued income
1,886
50,000

169,651
50,100



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
508,674
1,966


Page 8

 
JEDI HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
-
35,000

Corporation tax
148,319
15,108

Other taxation and social security
-
470

Obligations under finance lease and hire purchase contracts
6,885
-

Other creditors
66
1,511

Accruals and deferred income
2,500
2,450

157,770
54,539



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
47,239
-



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
11,589
-

Between 1-5 years
56,255
-

67,844
-

 
Page 9