Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31No description of principal activity2022-08-081false0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14283034 2022-08-07 14283034 2022-08-08 2023-08-31 14283034 2021-08-08 2022-08-07 14283034 2023-08-31 14283034 c:Director1 2022-08-08 2023-08-31 14283034 c:Director1 2023-08-31 14283034 c:RegisteredOffice 2022-08-08 2023-08-31 14283034 d:FurnitureFittings 2022-08-08 2023-08-31 14283034 d:FurnitureFittings 2023-08-31 14283034 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-08 2023-08-31 14283034 d:FreeholdInvestmentProperty 2022-08-08 2023-08-31 14283034 d:FreeholdInvestmentProperty 2023-08-31 14283034 d:FreeholdInvestmentProperty 2 2022-08-08 2023-08-31 14283034 d:CurrentFinancialInstruments 2023-08-31 14283034 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 14283034 d:ShareCapital 2022-08-08 2023-08-31 14283034 d:ShareCapital 2023-08-31 14283034 d:RetainedEarningsAccumulatedLosses 2022-08-08 2023-08-31 14283034 d:RetainedEarningsAccumulatedLosses 2023-08-31 14283034 c:FRS102 2022-08-08 2023-08-31 14283034 c:AuditExempt-NoAccountantsReport 2022-08-08 2023-08-31 14283034 c:FullAccounts 2022-08-08 2023-08-31 14283034 c:PrivateLimitedCompanyLtd 2022-08-08 2023-08-31 iso4217:GBP xbrli:pure
Company registration number: 14283034







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 AUGUST 2023


JC STARR CAPITAL LTD



































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JC STARR CAPITAL LTD
 


 
COMPANY INFORMATION


Director
Spencer Tarring (appointed 8 August 2022)




Registered number
14283034



Registered office
128 City Road

London

EC1V 2NX




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


JC STARR CAPITAL LTD
REGISTERED NUMBER:14283034



STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
9,051

Investment property
 5 
495,000

  
504,051

Current assets
  

Cash at bank and in hand
  
9,345

  
9,345

Creditors: amounts falling due within one year
 6 
(552,196)

Net current (liabilities)/assets
  
 
 
(542,851)

Total assets less current liabilities
  
(38,800)

  

Net (liabilities)/assets
  
(38,800)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(38,801)

  
(38,800)


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 her 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 income statement 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 22 February 2024.




Spencer Tarring
Director

The notes on pages 4 to 6 form part of these financial statements.
Page 1

 


JC STARR CAPITAL LTD
REGISTERED NUMBER:14283034


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023


Page 2

 


JC STARR CAPITAL LTD
 



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


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period

-
(38,801)
(38,801)


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
(38,801)
(38,801)


Contributions by and distributions to owners

Shares issued during the period
1
-
1


Total transactions with owners
1
-
1


At 31 August 2023
1
(38,801)
(38,800)

The notes on pages 4 to 6 form part of these financial statements.
Page 3

 


JC STARR CAPITAL LTD
 


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

1.


General information

JC Starr Capital Ltd is a private company, limited by shares, registered in England and Wales, company registration number 14283034. The registered office and principal place of business is disclosed on the company information page.
The company was incorporated on 8 August 2022 and this is the first year financial statements ending 31 August 2023.

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 generated through rental income and 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

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance

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 4

 


JC STARR CAPITAL LTD
 


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

2.Accounting policies (continued)

 
2.4

Investment property

Investment property is carried at fair value determined annually by the director 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.

 
2.5

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.


3.


Employees

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


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
10,104



At 31 August 2023

10,104



Depreciation


Charge for the period on owned assets
1,053



At 31 August 2023

1,053



Net book value



At 31 August 2023
9,051

Page 5

 


JC STARR CAPITAL LTD
 


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

5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
532,288


Surplus on revaluation
(37,288)



At 31 August 2023
495,000

The 2023 valuations were made by the director, on an open market value for existing use basis.








6.


Creditors: Amounts falling due within one year

2023
£

Other creditors
548,696

Accruals and deferred income
3,500

552,196



7.


Related party transactions

As at the year end, within other creditors, there is a balance of £548,696, owed to the director. The balance is repayable on demand and it is interest free.

 
Page 6