Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.trueNo description of principal activity12022-05-19falsefalse 14118358 2022-05-18 14118358 2022-05-19 2023-05-31 14118358 2021-05-19 2022-05-18 14118358 2023-05-31 14118358 c:Director1 2022-05-19 2023-05-31 14118358 d:CurrentFinancialInstruments 2023-05-31 14118358 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14118358 d:ShareCapital 2023-05-31 14118358 d:RetainedEarningsAccumulatedLosses 2023-05-31 14118358 c:FRS102 2022-05-19 2023-05-31 14118358 c:AuditExempt-NoAccountantsReport 2022-05-19 2023-05-31 14118358 c:FullAccounts 2022-05-19 2023-05-31 14118358 c:PrivateLimitedCompanyLtd 2022-05-19 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 14118358










JAMES ALEXANDER DEVELOPMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2023

 
JAMES ALEXANDER DEVELOPMENTS LIMITED
REGISTERED NUMBER: 14118358

BALANCE SHEET
AS AT 31 MAY 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
24,353

Cash at bank and in hand
 5 
41

  
24,394

Creditors: amounts falling due within one year
 6 
(30,107)

Net current (liabilities)/assets
  
 
 
(5,713)

Total assets less current liabilities
  
(5,713)

  

Net (liabilities)/assets
  
(5,713)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(5,813)

  
(5,713)


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 period 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 statement of income and retained earnings 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 14 February 2024.




J Willsmer
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
JAMES ALEXANDER DEVELOPMENTS LIMITED
 

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

1.Accounting policies

 
1.1

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:

 
1.2

Going concern

The company had net liabilities at 31st May 2023 of £5,713. However, the director is of the opinion that the company has and will continue to have the support of its creditors for the foreseeable future. In the light of these factors, the director considers it appropriate to adopt the going concern basis in the preparation of these financial statements.

 
1.3

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.

 
1.4

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.

 
1.5

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.

 
1.6

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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
Page 2

 
JAMES ALEXANDER DEVELOPMENTS LIMITED
 

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

1.Accounting policies (continued)


1.6
Financial instruments (continued)

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.


2.


General information

James Alexander Developments Limited is a private limited company incorporated on 19th May 2022 in England and Wales. The Registered Office is Kingsridge House, 601 London Road, Westcliff on Sea, Essex SS0 9PE.


3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2023
£


Prepayments and accrued income
24,353

24,353


Page 3

 
JAMES ALEXANDER DEVELOPMENTS LIMITED
 

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

5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
41

41



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
474

Other creditors
29,633

30,107



Page 4