Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31true2022-09-01falseNo description of principal activity00falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07345715 2022-09-01 2023-08-31 07345715 2021-09-01 2022-08-31 07345715 2023-08-31 07345715 2022-08-31 07345715 2021-09-01 07345715 c:Director1 2022-09-01 2023-08-31 07345715 d:Buildings 2022-09-01 2023-08-31 07345715 d:FurnitureFittings 2022-09-01 2023-08-31 07345715 d:FurnitureFittings 2023-08-31 07345715 d:FurnitureFittings 2022-08-31 07345715 d:ComputerEquipment 2022-09-01 2023-08-31 07345715 d:ComputerEquipment 2023-08-31 07345715 d:ComputerEquipment 2022-08-31 07345715 d:FreeholdInvestmentProperty 2023-08-31 07345715 d:FreeholdInvestmentProperty 2022-08-31 07345715 d:CurrentFinancialInstruments 2023-08-31 07345715 d:CurrentFinancialInstruments 2022-08-31 07345715 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 07345715 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 07345715 d:ShareCapital 2022-09-01 2023-08-31 07345715 d:ShareCapital 2023-08-31 07345715 d:ShareCapital 2021-09-01 2022-08-31 07345715 d:ShareCapital 2022-08-31 07345715 d:ShareCapital 2021-09-01 07345715 d:RevaluationReserve 2022-09-01 2023-08-31 07345715 d:RevaluationReserve 2023-08-31 07345715 d:RevaluationReserve 2021-09-01 2022-08-31 07345715 d:RevaluationReserve 2022-08-31 07345715 d:RevaluationReserve 2021-09-01 07345715 d:RetainedEarningsAccumulatedLosses 2022-09-01 2023-08-31 07345715 d:RetainedEarningsAccumulatedLosses 2023-08-31 07345715 d:RetainedEarningsAccumulatedLosses 2021-09-01 2022-08-31 07345715 d:RetainedEarningsAccumulatedLosses 2022-08-31 07345715 d:RetainedEarningsAccumulatedLosses 2021-09-01 07345715 d:OtherDeferredTax 2023-08-31 07345715 d:OtherDeferredTax 2022-08-31 07345715 c:FRS102 2022-09-01 2023-08-31 07345715 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 07345715 c:FullAccounts 2022-09-01 2023-08-31 07345715 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 07345715 2 2022-09-01 2023-08-31 07345715 5 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Registered number: 07345715









JOHN GARLAND CONSULTING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023














 
JOHN GARLAND CONSULTING LIMITED
REGISTERED NUMBER:07345715

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 5 
255,000
255,000

  
255,000
255,000

Current assets
  

Debtors: amounts falling due within one year
 6 
68
428

Cash at bank and in hand
  
43,810
36,252

  
43,878
36,680

Creditors: amounts falling due within one year
 7 
(12,032)
(12,814)

Net current assets
  
 
 
31,846
 
 
23,866

Total assets less current liabilities
  
286,846
278,866

Provisions for liabilities
  

Deferred tax
  
(13,012)
(13,012)

  
 
 
(13,012)
 
 
(13,012)

Net assets
  
273,834
265,854


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
  
55,473
55,473

Profit and loss account
  
218,261
210,281

  
273,834
265,854


Page 1

 
JOHN GARLAND CONSULTING LIMITED
REGISTERED NUMBER:07345715
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 6 February 2024.




J Garland
Director

The notes on pages 5 to 11 form part of these financial statements.

Page 2

 
JOHN GARLAND CONSULTING LIMITED
 

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


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 September 2022
100
55,473
210,281
265,854


Comprehensive income for the year

Profit for the year

-
-
8,980
8,980


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
8,980
8,980


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(1,000)
(1,000)


Total transactions with owners
-
-
(1,000)
(1,000)


At 31 August 2023
100
55,473
218,261
273,834


The notes on pages 5 to 11 form part of these financial statements.

Page 3

 
JOHN GARLAND CONSULTING LIMITED
 

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


Called up share capital
Revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 September 2021
100
-
203,620
203,720


Comprehensive income for the year

Profit for the year

-
-
64,134
64,134


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
64,134
64,134


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(2,000)
(2,000)

Transfer to/from profit and loss account
-
55,473
(55,473)
-


Total transactions with owners
-
55,473
(57,473)
(2,000)


At 31 August 2022
100
55,473
210,281
265,854


The notes on pages 5 to 11 form part of these financial statements.

Page 4

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

John Garland Consulting Limited is private company, limited by shares, domiciled in England and wales. The registered office address is Hayes Knapps Lane, Harpford, Sidmouth, Devon, EX10 0NH. 

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

Going concern

The directors confirm that, having considered their expectations and intentions for the next twelve months, and the availability of working capital, the company is a going concern.

 
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:

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.

 
2.4

Interest income

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

 
2.5

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.

Page 5

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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 method.

Depreciation is provided on the following basis:

Freehold property
-
Not Depreciated
Fixtures and fittings
-
33%
straight-line method
Computer equipment
-
25%
straight-line method

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.

Page 6

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.8

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 7

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.14

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.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an 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.

 
2.15

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 8

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 September 2022
2,153
12,647
14,800



At 31 August 2023

2,153
12,647
14,800



Depreciation


At 1 September 2022
2,153
12,647
14,800



At 31 August 2023

2,153
12,647
14,800



Net book value



At 31 August 2023
-
-
-



At 31 August 2022
-
-
-

Page 9

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Investment property


Freehold investment property

£



Valuation


At 1 September 2022
255,000



At 31 August 2023
255,000

The 2023 valuations were made by the company's Director, based on similar sized properties in the same area, on an open market value for existing use basis. Based on the information available, the Director has concluded that the value of the property has remained the same during the financial year. 



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
184,041
184,041

184,041
184,041

Page 10

 
JOHN GARLAND CONSULTING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


Debtors

2023
2022
£
£


Other debtors
68
428

68
428



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
4,406
2,254

Other creditors
6,895
9,877

Accruals and deferred income
731
683

12,032
12,814



8.


Deferred taxation




2023


£






At beginning of year
(13,012)



At end of year
(13,012)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Revaluation
(13,012)
(13,012)

(13,012)
(13,012)

 
Page 11