Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31falseNo description of principal activity222022-06-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01673558 2022-06-01 2023-05-31 01673558 2021-01-01 2022-05-31 01673558 2023-05-31 01673558 2022-05-31 01673558 1 2022-06-01 2023-05-31 01673558 d:Director1 2022-06-01 2023-05-31 01673558 d:Director3 2022-06-01 2023-05-31 01673558 d:RegisteredOffice 2022-06-01 2023-05-31 01673558 c:PlantMachinery 2022-06-01 2023-05-31 01673558 c:MotorVehicles 2022-06-01 2023-05-31 01673558 c:FurnitureFittings 2022-06-01 2023-05-31 01673558 c:CurrentFinancialInstruments 2023-05-31 01673558 c:CurrentFinancialInstruments 2022-05-31 01673558 c:CurrentFinancialInstruments c:WithinOneYear 2023-05-31 01673558 c:CurrentFinancialInstruments c:WithinOneYear 2022-05-31 01673558 c:ShareCapital 2023-05-31 01673558 c:ShareCapital 2022-05-31 01673558 c:RevaluationReserve 2023-05-31 01673558 c:RevaluationReserve 2022-05-31 01673558 c:OtherMiscellaneousReserve 2023-05-31 01673558 c:OtherMiscellaneousReserve 2022-05-31 01673558 c:RetainedEarningsAccumulatedLosses 2023-05-31 01673558 c:RetainedEarningsAccumulatedLosses 2022-05-31 01673558 d:EntityNoLongerTradingButTradedInPast 2022-06-01 2023-05-31 01673558 d:FRS102 2022-06-01 2023-05-31 01673558 d:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 01673558 d:FullAccounts 2022-06-01 2023-05-31 01673558 d:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 01673558 6 2022-06-01 2023-05-31 01673558 e:PoundSterling 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
Registered Number:01673558













JOHN ROBERTSON LTD




UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS
 
PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023











 
JOHN ROBERTSON LTD
 

 
COMPANY INFORMATION


Directors
Mr J Robertson 
Mr J H Robertson 




Registered number
01673558



Registered office
820 The Crescent
Colchester Business Park

Colchester

Essex

CO4 9YQ




Accountants
SB Audit LLP
Chartered Accountants

820 The Crescent

Colchester Business Park

Colchester

Essex

CO4 9YQ






 
JOHN ROBERTSON LTD
 


CONTENTS



Page
Balance Sheet
1 - 2
Notes to the Financial Statements
3 - 7



 
JOHN ROBERTSON LTD
REGISTERED NUMBER:01673558


BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
-
2,500

  
-
2,500

Current assets
  

Debtors: amounts falling due within one year
 5 
-
6,058

Cash at bank and in hand
  
223,039
325,318

  
223,039
331,376

Creditors: amounts falling due within one year
 6 
(12,746)
(108,249)

Net current assets
  
 
 
210,293
 
 
223,127

Total assets less current liabilities
  
210,293
225,627

  

Net assets
  
210,293
225,627


Capital and reserves
  

Called up share capital 
  
35,160
35,160

Revaluation reserve
  
-
4,000

Other reserves
  
17,580
17,580

Profit and loss account
  
157,553
168,887

  
210,293
225,627



- 1 -



 
JOHN ROBERTSON LTD
REGISTERED NUMBER:01673558

    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 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 25 January 2024.




Mr J Robertson
Director

The notes on pages 3 to 7 form part of these financial statements.


- 2 -



 
JOHN ROBERTSON LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

John Robertson Limited is a private company limited by share capital, incorporated in England and Wales, registration number 01673558. The address of the registered office is 820 The Crescent, Colchester Business Park, Colchester, Essex, CO4 9YQ.

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

Going concern

The financial statements have been drawn up on a cessation basis as the company has ceased trading. 
The impact of the coronavirus restrictions have had a very significant effect on the economy and the business during 2020. The directors have decided to carry out an orderly winding up of the company after the year end. It has not been considered necessary to make any adjustments to reflect the cessation basis, but it is anticipated that the period ended 31 May 2023 accounts will be the company's last.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.


- 3 -



 
JOHN ROBERTSON LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.4

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.5

Operating leases

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the Profit and Loss Account on a straight line basis over the lease term.

 
2.6

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.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.


- 4 -



 
JOHN ROBERTSON LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.8

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 balance sheet date in the countries where the Company operates and generates income.

 
2.9

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Plant and machinery
-
33.33% or 20% on cost
Motor vehicles
-
25% straight line
Fixtures and fittings
-
33.33% or 20% reducing balance

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.

 
2.10

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.11

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.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilites 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

- 5 -



 
JOHN ROBERTSON LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)


2.12
Financial instruments (continued)

reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account. 


3.


Employees

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


4.


Fixed asset investments





Unlisted investments

£





At 1 June 2022
2,500


Disposals
(2,500)



At 31 May 2023
-





- 6 -



 
JOHN ROBERTSON LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Debtors

2023
2022
£
£


Other debtors
-
6,058

-
6,058



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
2,500

Accruals and deferred income
12,746
105,749

12,746
108,249



7.


Pension commitments

The Company operates a defined contributions pension scheme.  The pension cost charge represents contributions payable by the Company to the fund and amounted to £Nil (2022: £40,103) in the year. At the year end there were unpaid contributions of £Nil (2022: £39,034) included in creditors.


8.


Related party transactions

Included in creditors is £Nil (2022: £Nil) due to the directors within one year.
During the period the company paid interest on the loans amounting to £nil (2022: £nil).


9.


Post balance sheet events

Due to the impact of the Covid 19 pandemic the directors have decided to cease trading and wind up the company.

 

- 7 -