Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30No description of principal activityfalsetrue2022-07-0111falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04785695 2022-07-01 2023-06-30 04785695 2021-07-01 2022-06-30 04785695 2023-06-30 04785695 2022-06-30 04785695 c:Director2 2022-07-01 2023-06-30 04785695 d:CurrentFinancialInstruments 2023-06-30 04785695 d:CurrentFinancialInstruments 2022-06-30 04785695 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 04785695 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 04785695 d:ShareCapital 2023-06-30 04785695 d:ShareCapital 2022-06-30 04785695 d:RetainedEarningsAccumulatedLosses 2023-06-30 04785695 d:RetainedEarningsAccumulatedLosses 2022-06-30 04785695 c:FRS102 2022-07-01 2023-06-30 04785695 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 04785695 c:FullAccounts 2022-07-01 2023-06-30 04785695 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 04785695









P & J STONE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
P & J STONE LIMITED
REGISTERED NUMBER: 04785695

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2023
2022
2022
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
3,656
6,674

Cash at bank and in hand
 5 
-
11,448

  
3,656
18,122

Creditors: amounts falling due within one year
 6 
(3,654)
(17,649)

Net current assets
  
 
 
2
 
 
473

Total assets less current liabilities
  
2
473

  

Net assets
  
2
473


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
-
471

  
2
473


Page 1

 
P & J STONE LIMITED
REGISTERED NUMBER: 04785695
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 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 by: 




T Saha
Director

Date: 19 February 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
P & J STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

P & J Stone Limited is a private company limited by shares incorporated in England and Wales. The
registered office is Apsley Mills Cottage Stationers Place, Off London Road, Hemel Hempstead, HP3 9QU. The registered number is 04785695.

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

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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 corporation 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.

 
2.4

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.

Page 3

 
P & J STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
-
6,674

Amounts owed by group undertakings
3,656
-

3,656
6,674


Page 4

 
P & J STONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
11,449

-
11,449



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
1,415

Amounts owed to group undertakings
-
2,200

Corporation tax
2,154
9,536

Other taxation and social security
-
2,998

Accruals and deferred income
1,500
1,500

3,654
17,649



7.


Related party transactions

Included in the profit and loss account are:
•      Purchases of £2,870 (2022: £21,396) and management fees paid of £47,000 (2022: £28,000) to Andrews Computer Services Ltd, a fellow subsidiary company.
At the year end the company had the following balances with the parent company Rijtec Enterprises Ltd:
• Included in other debtors : £3,656 (2022: Nil). 


8.


Controlling party

The immediate parent company is Rijtec Enterprises Limited, a company registered in England and Wales, and the ultimate controlling parties are the directors, T Saha and I Saha.

 
Page 5