Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-302022-04-30false2021-05-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12566096 2021-05-01 2022-04-30 12566096 2020-04-20 2021-04-30 12566096 2022-04-30 12566096 2021-04-30 12566096 c:CompanySecretary1 2021-05-01 2022-04-30 12566096 c:Director1 2021-05-01 2022-04-30 12566096 c:Director2 2021-05-01 2022-04-30 12566096 c:Director3 2021-05-01 2022-04-30 12566096 c:RegisteredOffice 2021-05-01 2022-04-30 12566096 d:FreeholdInvestmentProperty 2021-05-01 2022-04-30 12566096 d:FreeholdInvestmentProperty 2022-04-30 12566096 d:CurrentFinancialInstruments 2022-04-30 12566096 d:CurrentFinancialInstruments 2021-04-30 12566096 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 12566096 d:CurrentFinancialInstruments d:WithinOneYear 2021-04-30 12566096 d:ShareCapital 2022-04-30 12566096 d:ShareCapital 2021-04-30 12566096 c:OrdinaryShareClass1 2021-05-01 2022-04-30 12566096 c:OrdinaryShareClass1 2022-04-30 12566096 c:OrdinaryShareClass1 2021-04-30 12566096 c:OrdinaryShareClass2 2021-05-01 2022-04-30 12566096 c:OrdinaryShareClass2 2022-04-30 12566096 c:FRS102 2021-05-01 2022-04-30 12566096 c:AuditExempt-NoAccountantsReport 2021-05-01 2022-04-30 12566096 c:FullAccounts 2021-05-01 2022-04-30 12566096 c:PrivateLimitedCompanyLtd 2021-05-01 2022-04-30 12566096 e:PoundSterling 2021-05-01 2022-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12566096









JCP FOUR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2022

 
JCP FOUR LIMITED
 
 
COMPANY INFORMATION


Directors
P R Emmerson 
C Campbell 
Gold Round Ltd 




Company secretary
Cossey Cosec Services Limited



Registered number
12566096



Registered office
4th Floor
24 Old Bond Street

London

W1S 4AW





 
JCP FOUR LIMITED
REGISTERED NUMBER: 12566096

BALANCE SHEET
AS AT 30 APRIL 2022

2022
2021
Note
£
£

Fixed assets
  

Investment property
  
3,000,000
-

  
3,000,000
-

Current assets
  

Debtors: amounts falling due within one year
 5 
399,607
1

Cash at bank and in hand
  
75,394
-

  
475,001
1

Creditors: amounts falling due within one year
 7 
(3,250,000)
-

Net current (liabilities)/assets
  
 
 
(2,774,999)
 
 
1

Total assets less current liabilities
  
225,001
1

  

Net assets
  
225,001
1


Capital and reserves
  

Called up share capital 
 8 
225,001
1

Shareholders' funds
  
225,001
1


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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
JCP FOUR LIMITED
REGISTERED NUMBER: 12566096
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2022

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 





P R Emmerson
Director

Date: 31 January 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
JCP FOUR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1.


General information

JCP Four Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

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

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.

 
2.4

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.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

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 3

 
JCP FOUR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

2.Accounting policies (continued)


2.4
Financial instruments (continued)


Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

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.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 4

 
JCP FOUR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

3.


Employees




The average monthly number of employees during the year was 2 (2021 - 2).


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
3,000,000



At 30 April 2022
3,000,000

The 2022 valuations were made by the diretors, on an open market value for existing use basis.







5.


Debtors

2022
2021
£
£


Other debtors
399,607
1



6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
75,394
-



7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
3,250,000
-


Page 5

 
JCP FOUR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

8.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



10,000 (2021 - 10,000) ordinary shares of £0.0001 each
1
1
225,000 (2021 - ) deferred shares of £1.0000 each
225,000
-

225,001

1




Page 6