Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-01falseThe principal activity was the making and delivering of pizzas4748false 04533102 2022-04-01 2023-03-31 04533102 2021-04-01 2022-03-31 04533102 2023-03-31 04533102 2022-03-31 04533102 2021-04-01 04533102 1 2022-04-01 2023-03-31 04533102 1 2021-04-01 2022-03-31 04533102 3 2022-04-01 2023-03-31 04533102 3 2021-04-01 2022-03-31 04533102 5 2022-04-01 2023-03-31 04533102 5 2021-04-01 2022-03-31 04533102 10 2022-04-01 2023-03-31 04533102 10 2021-04-01 2022-03-31 04533102 d:Director1 2022-04-01 2023-03-31 04533102 e:PlantMachinery 2022-04-01 2023-03-31 04533102 e:PlantMachinery 2023-03-31 04533102 e:PlantMachinery 2022-03-31 04533102 e:PlantMachinery e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04533102 e:FurnitureFittings 2022-04-01 2023-03-31 04533102 e:FurnitureFittings 2023-03-31 04533102 e:FurnitureFittings 2022-03-31 04533102 e:FurnitureFittings e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04533102 e:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 04533102 e:OtherPropertyPlantEquipment 2023-03-31 04533102 e:OtherPropertyPlantEquipment 2022-03-31 04533102 e:OtherPropertyPlantEquipment e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04533102 e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04533102 e:PatentsTrademarksLicencesConcessionsSimilar 2023-03-31 04533102 e:PatentsTrademarksLicencesConcessionsSimilar 2022-03-31 04533102 e:CurrentFinancialInstruments 2023-03-31 04533102 e:CurrentFinancialInstruments 2022-03-31 04533102 e:CurrentFinancialInstruments e:WithinOneYear 2023-03-31 04533102 e:CurrentFinancialInstruments e:WithinOneYear 2022-03-31 04533102 e:ShareCapital 2022-04-01 2023-03-31 04533102 e:ShareCapital 2023-03-31 04533102 e:ShareCapital 2021-04-01 2022-03-31 04533102 e:ShareCapital 2022-03-31 04533102 e:ShareCapital 2021-04-01 04533102 e:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 04533102 e:RetainedEarningsAccumulatedLosses 2023-03-31 04533102 e:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 04533102 e:RetainedEarningsAccumulatedLosses 2022-03-31 04533102 e:RetainedEarningsAccumulatedLosses 2021-04-01 04533102 e:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 04533102 e:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-03-31 04533102 d:OrdinaryShareClass1 2022-04-01 2023-03-31 04533102 d:OrdinaryShareClass1 2023-03-31 04533102 d:OrdinaryShareClass1 2022-03-31 04533102 d:FRS102 2022-04-01 2023-03-31 04533102 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04533102 d:FullAccounts 2022-04-01 2023-03-31 04533102 d:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04533102 e:Subsidiary1 2022-04-01 2023-03-31 04533102 e:Subsidiary1 1 2022-04-01 2023-03-31 04533102 e:WithinOneYear 2023-03-31 04533102 e:WithinOneYear 2022-03-31 04533102 2 2022-04-01 2023-03-31 04533102 6 2022-04-01 2023-03-31 04533102 e:AcceleratedTaxDepreciationDeferredTax 2023-03-31 04533102 e:AcceleratedTaxDepreciationDeferredTax 2022-03-31 04533102 f:PoundSterling 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04533102









DJS PIZZA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
DJS PIZZA LIMITED
REGISTERED NUMBER: 04533102

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
79,387
101,248

Investments
 6 
75,075
75,075

  
154,462
176,323

Current assets
  

Stocks
 7 
12,205
11,624

Debtors: amounts falling due within one year
 8 
2,100,983
1,955,413

Cash at bank and in hand
 9 
4
32,511

  
2,113,192
1,999,548

Creditors: amounts falling due within one year
 10 
(2,249,042)
(2,150,221)

Net current liabilities
  
 
 
(135,850)
 
 
(150,673)

Total assets less current liabilities
  
18,612
25,650

Provisions for liabilities
  

Deferred tax
 12 
(17,612)
(17,612)

  
 
 
(17,612)
 
 
(17,612)

Net assets
  
1,000
8,038


Capital and reserves
  

Called up share capital 
 13 
1,000
1,000

Profit and loss account
  
-
7,038

  
1,000
8,038


Page 1

 
DJS PIZZA LIMITED
REGISTERED NUMBER: 04533102
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2024.




................................................
James Swift
Director

The notes on pages 7 to 17 form part of these financial statements.

Page 2

 
DJS PIZZA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022
1,000
7,038
8,038


Comprehensive income for the year

Profit for the year
-
197,388
197,388
Total comprehensive income for the year
-
197,388
197,388


Contributions by and distributions to owners

Dividends: Equity capital
-
(204,426)
(204,426)


Total transactions with owners
-
(204,426)
(204,426)


At 31 March 2023
1,000
-
1,000


The notes on pages 7 to 17 form part of these financial statements.

Page 3

 
DJS PIZZA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2021
1,000
-
1,000


Comprehensive income for the year

Profit for the year
-
416,063
416,063
Total comprehensive income for the year
-
416,063
416,063


Contributions by and distributions to owners

Dividends: Equity capital
-
(409,025)
(409,025)


Total transactions with owners
-
(409,025)
(409,025)


At 31 March 2022
1,000
7,038
8,038


The notes on pages 7 to 17 form part of these financial statements.

Page 4

 
DJS PIZZA LIMITED
 

STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023

2023
2022
£
£

Cash flows from operating activities

Profit for the financial year
197,388
416,063

Adjustments for:

Depreciation of tangible assets
21,861
21,912

Interest paid
1,586
1,538

Interest received
(136,423)
(181,024)

Taxation charge
6,372
67,857

(Increase) in stocks
(581)
(1,893)

(Increase) in debtors
(9,147)
(3,638)

(Increase) in amounts owed by groups
(136,423)
(201,021)

Increase/(decrease) in creditors
19,783
(13,257)

Increase in amounts owed to groups
97,903
252,462

(Decrease) in amounts owed to associates
(227)
(438)

Corporation tax (paid)
(28,989)
(105,821)

Net cash generated from operating activities

33,103
252,740


Cash flows from investing activities

Purchase of tangible fixed assets
-
(47,405)

Interest received
-
3

HP interest paid
(1,586)
(1,538)

Income from investments in related companies
136,423
181,021

Net cash from investing activities

134,837
132,081
Page 5

 
DJS PIZZA LIMITED
 

STATEMENT OF CASH FLOWS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023


2023
2022

£
£



Cash flows from financing activities

Repayment of/new finance leases
-
(1,250)

Dividends paid
(204,426)
(409,025)

Net cash used in financing activities
(204,426)
(410,275)

Net (decrease) in cash and cash equivalents
(36,486)
(25,454)

Cash and cash equivalents at beginning of year
32,511
57,965

Cash and cash equivalents at the end of year
(3,975)
32,511


Cash and cash equivalents at the end of year comprise:

Cash at bank and in hand
4
32,511

Bank overdrafts
(3,979)
-

(3,975)
32,511


The notes on pages 7 to 17 form part of these financial statements.

Page 6

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

DJS Pizza Limited is a private company limited by share capital, incorporated and registered in England and Wales. The Company's registered office and number are detailed on the company information page. The principal activity of the Company throughout the year was that of making and delivering pizzas.

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 financial statements are presented in Sterling (£) and rounded to the nearest £. 

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

 
2.3

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.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

Page 7

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Interest income

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

 
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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

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.

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 8

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.10

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.11

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 the straight-line and the reducing balance methods.

Depreciation is provided on the following basis:

Office equipment
-
15% reducing balance
Fixtures and fittings
-
15% reducing balance
Property improvements
-
10 years straight line

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.

 
2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.13

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.14

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 9

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.15

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.

In the Statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Company's cash management.

 
2.16

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.

 
2.17

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.18

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.

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.

 
2.19

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 10

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 47 (2022 - 48).


4.


Intangible assets




Goodwill

£



Cost


At 1 April 2022
266,500



At 31 March 2023

266,500



Amortisation


At 1 April 2022
266,500



At 31 March 2023

266,500



Net book value



At 31 March 2023
-



At 31 March 2022
-



Page 11

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Tangible fixed assets





Office equipment
Fixtures and fittings
Property improve-ments
Total

£
£
£
£



Cost or valuation


At 1 April 2022
74,224
151,695
106,589
332,508



At 31 March 2023

74,224
151,695
106,589
332,508



Depreciation


At 1 April 2022
49,711
101,518
80,031
231,260


Charge for the year on owned assets
3,676
7,525
10,660
21,861



At 31 March 2023

53,387
109,043
90,691
253,121



Net book value



At 31 March 2023
20,837
42,652
15,898
79,387



At 31 March 2022
24,513
50,177
26,558
101,248


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
75,075



At 31 March 2023
75,075




Page 12

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Yate Pizza Limited
St Mary's House, Netherhampton, Salisbury, Wiltshire, SP2 8PU.
Ordinary
100%

The aggregate of the share capital and reserves as at 31 March 2023 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Yate Pizza Limited
50,075
135,567


7.


Stocks

2023
2022
£
£

Finished goods and goods for resale
12,205
11,624

12,205
11,624


Page 13

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
2,057,667
1,921,244

Other debtors
27,539
19,098

Prepayments and accrued income
15,777
15,071

2,100,983
1,955,413



9.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
4
32,511

Less: bank overdrafts
(3,979)
-

(3,975)
32,511


Page 14

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
3,979
-

Trade creditors
40,975
28,308

Amounts owed to group undertakings
2,114,876
2,016,973

Amounts owed to associates
-
227

Corporation tax
3,486
26,103

Other taxation and social security
63,021
49,804

Other creditors
-
2,062

Accruals and deferred income
22,705
26,744

2,249,042
2,150,221


The following liabilities were secured:

2023
2022
£
£



Bank overdraft
3,979
-

3,979
-

Details of security provided:

The bank overdraft is secured via a cross guarantee and debenture across the Team West Group.


11.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
4
32,511




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 15

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

12.


Deferred taxation




2023
2022


£

£






At beginning of year
(17,612)
-


Charged to the profit or loss
-
(17,612)



At end of year
(17,612)
(17,612)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(17,612)
(17,612)

(17,612)
(17,612)


13.


Share capital

2023
2022
£
£
Authorised, allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary shares shares of £1 each
1,000
1,000



14.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,191 (2022 - £5,150). Contributions totalling £Nil (2022 - £1,212) were payable to the fund at the balance sheet date.


15.


Commitments under operating leases

At 31 March 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
-
16,880

-
16,880

Page 16

 
DJS PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

16.


Related party transactions

During the year the Company made transfers totalling £97,903 (2022 - £253,500) with the parent company, Team West Limited. At the year end a balance of £2,114,876 was owed to (2022 - £2,016,973)  Team West Limited.
During the year the Company made transfers totalling £Nil (2022 - £Nil) with Bath Pizza Limited, a company in which Knut Wilberg and James Swift are directors and which is also a subsidiary of Team West Limited. At the year end a balance of £17,766 was owed by (2022 - £17,766) Bath Pizza Limited.
During the year the Company made transfers totalling £136,423 (2022 - £181,021) with Yate Pizza Limited, a company in which Knut Wilberg and James Swift are directors and which is also a subsidiary of DJS Pizza Limited. At the year end a balance of £1,793,972  was owed by (2022 - £1,657,549) Yate Pizza Limited.
During the year the Company made transfers totalling £Nil (2022 - £Nil) with TW Pizza Limited, a company in which Knut Wilberg and James Swift are directors. At the year end a balance of £3,879 was owed by (2022 - £3,879) TW Pizza Limited.
During the year the Company made transfers totalling £Nil (2022 - £Nil) with Thatcham Pizza Limited, a company in which the directors, James Swift and Knut Wilberg, are shareholders and James Swift is also a director. At the year end a balance of £1,500 was owed by (2022 - £1,500)  Thatcham Pizza Limited.
During the year the Company made transfers totalling £227 (2022 - £438) with Text Management Limited, a company in which the director, James Swift, is also a director and shareholder. At the year end the Company owed £Nil to (2022 - £227) Text Management Limited.
During the year the Company made transfers totalling £Nil (2022 - £1,038) with KKWJS Limited, a company in which the directors, James Swift and Knut Wilberg, are shareholders and James Swift is also a director. At the year end a balance of £Nil was owed to (2022 - £Nil) KKWJS Limited.
During the year the Company made transfers totalling £Nil (2022 - £20,000) with Thatcham Swift Limited, a company in which the director, James Swift, is a shareholder and director. At the year end a balance of £240,550 was owed by (2022 - £240,550) Thatcham Swift Limited.


17.


Controlling party

The Company is a wholly owned subsidiary of Team West Limited, a company incorporated in the United Kingdom. There is no ultimate controlling party of Team West Limited. The registered office for Team West Limited is St Mary's House, Netherhampton, Salisbury, Wiltshire, SP2 8PU and group accounts can be obtained from there.

 
Page 17