Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-10-01falseNo description of principal activity22true 03066763 2022-10-01 2023-09-30 03066763 1 2022-10-01 2023-09-30 03066763 2021-10-01 2022-09-30 03066763 2023-09-30 03066763 2022-09-30 03066763 d:Director1 2022-10-01 2023-09-30 03066763 d:Director2 2022-10-01 2023-09-30 03066763 c:Buildings 2023-09-30 03066763 c:Buildings 2022-09-30 03066763 c:OfficeEquipment 2023-09-30 03066763 c:OfficeEquipment 2022-09-30 03066763 c:CurrentFinancialInstruments 2023-09-30 03066763 c:CurrentFinancialInstruments 2022-09-30 03066763 d:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 03066763 d:FullAccounts 2022-10-01 2023-09-30 03066763 d:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 03066763 d:Micro-entities 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 03066763










JOHN ASHLEY HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
JOHN ASHLEY HOLDINGS LIMITED
REGISTERED NUMBER:03066763

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
£
£


Fixed assets
2,543,558
2,543,558

Current assets
462,676
335,535

Creditors: amounts falling due within one year
(680,625)
(544,630)

Net current liabilities
 
 
(217,949)
 
 
(209,095)


Net assets
2,325,609
2,334,463



Capital and reserves
2,325,609
2,334,463





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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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:




Mrs E M Harris
Mr J A Harris
Director
Director


Date: 3 April 2024
Date3 April 2024

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
JOHN ASHLEY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

John Ashley Holdings Limited is a private company, limited by shares, incorporated in England in the United Kingdom. The address of the registered office is 6th Floor, 2 London Wall Place, London, EC2Y 5AU. The nature of the Company’s operations and principal activities are the provision of serviced offices, conference facilities, general business services and property trading.

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 105 the UK and the Republic of Ireland and the Companies Act 2006.

The Company’s functional and presentational currency is GBP, rounded to the nearest £1.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have prepared the financial statements on a going concern basis as the shareholders have committed to providing financial support as required.

 
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

Pensions

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Page 2

 
JOHN ASHLEY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.5

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 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.

 
2.6

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 investment properties
-
Not depreciated
Office equipment
-
4 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.

 
2.7

Investments

Investments held as fixed assets are shown at cost less provision for impairment and depreciation.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
2
2

Page 3

 
JOHN ASHLEY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Freehold investment property
Office equipment
Total

£
£
£



Cost


At 1 October 2022
2,468,458
3,949
2,472,407



At 30 September 2023

2,468,458
3,949
2,472,407



Depreciation


At 1 October 2022
-
3,949
3,949



At 30 September 2023

-
3,949
3,949



Net book value



At 30 September 2023
2,468,458
-
2,468,458



At 30 September 2022
2,468,458
-
2,468,458




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Freehold
2,468,458
2,468,458


Page 4

 
JOHN ASHLEY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2022
75,100



At 30 September 2023
75,100





6.


Debtors

2023
2022
£
£


Trade debtors
-
6,000

Other debtors
-
111,787

Prepayments and accrued income
11,453
10,138

11,453
127,925



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
451,223
207,610


Page 5

 
JOHN ASHLEY HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
13,472
12,855

Amounts owed to group undertakings
76,800
76,800

Corporation tax
16,105
21,178

Other taxation and social security
2,183
6,210

Other creditors
488,780
347,192

Accruals and deferred income
83,285
80,395

680,625
544,630


Amounts owed to group undertakings of £76,800 (2022: £76,800) are interest-free and repayable on demand.


9.


Controlling parties

The Company was under the control of Mrs E M Harris and Mr J A Harris, the directors, for the current and preceding years.

Page 6