Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-2811truetrueNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-03-01falsefalse 13225742 2022-03-01 2023-02-28 13225742 2021-02-25 2022-02-28 13225742 2023-02-28 13225742 2022-02-28 13225742 c:Director1 2022-03-01 2023-02-28 13225742 d:CurrentFinancialInstruments 2023-02-28 13225742 d:CurrentFinancialInstruments 2022-02-28 13225742 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13225742 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 13225742 d:ShareCapital 2023-02-28 13225742 d:ShareCapital 2022-02-28 13225742 d:RetainedEarningsAccumulatedLosses 2023-02-28 13225742 d:RetainedEarningsAccumulatedLosses 2022-02-28 13225742 c:FRS102 2022-03-01 2023-02-28 13225742 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13225742 c:FullAccounts 2022-03-01 2023-02-28 13225742 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 13225742 2 2022-03-01 2023-02-28 13225742 6 2022-03-01 2023-02-28 13225742 e:PoundSterling 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 13225742









JOD INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
JOD INVESTMENTS LIMITED
REGISTERED NUMBER: 13225742

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
3,146,887
4,001,585

  
3,146,887
4,001,585

Current assets
  

Debtors: amounts falling due within one year
 5 
1,769,896
1,627,675

Cash at bank and in hand
 6 
3,847,463
1,356,595

  
5,617,359
2,984,270

Creditors: amounts falling due within one year
 7 
(1,528,843)
(1,554,863)

Net current assets
  
 
 
4,088,516
 
 
1,429,407

Total assets less current liabilities
  
7,235,403
5,430,992

  

Net assets
  
7,235,403
5,430,992


Capital and reserves
  

Called up share capital 
  
35,100
35,100

Profit and loss account
  
7,200,303
5,395,892

  
7,235,403
5,430,992


Page 1

 
JOD INVESTMENTS LIMITED
REGISTERED NUMBER: 13225742
    
STATEMENT OF FINANCIAL POSITION (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 by: 




J O Dodwell
Director

Date: 29 February 2024

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

Page 2

 
JOD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

JOD Investments Limited is a private limited company, limited by shares, incorporated in England & Wales (registered number 13225742). he registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the director have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.  Thus, the director determined that going concern basis of accounting is appropriate for these financial statements.

 
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 Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
JOD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 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:

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.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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.

Page 4

 
JOD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
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.


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





Listed investments
Unlisted investments
Other fixed asset investments
Total

£
£
£
£



Cost or valuation


At 1 March 2022
3,951,585
50,000
-
4,001,585


Additions
6,044,479
-
11,135
6,055,614


Disposals
(6,581,688)
-
-
(6,581,688)


Revaluations
(328,624)
-
-
(328,624)



At 28 February 2023
3,085,752
50,000
11,135
3,146,887




Page 5

 
JOD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
1,732,875
1,592,575

Other debtors
37,021
35,100

1,769,896
1,627,675



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
3,847,463
1,356,595

3,847,463
1,356,595



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,522,363
1,552,363

Accruals and deferred income
6,480
2,500

1,528,843
1,554,863


 
Page 6