Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Property rentalfalsefalse11truefalse 12433987 2022-11-01 2023-10-31 12433987 2021-11-01 2022-10-31 12433987 2023-10-31 12433987 2022-10-31 12433987 c:Director1 2022-11-01 2023-10-31 12433987 d:CurrentFinancialInstruments 2023-10-31 12433987 d:CurrentFinancialInstruments 2022-10-31 12433987 d:Non-currentFinancialInstruments 2023-10-31 12433987 d:Non-currentFinancialInstruments 2022-10-31 12433987 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12433987 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 12433987 d:ShareCapital 2023-10-31 12433987 d:ShareCapital 2022-10-31 12433987 d:RetainedEarningsAccumulatedLosses 2023-10-31 12433987 d:RetainedEarningsAccumulatedLosses 2022-10-31 12433987 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-10-31 12433987 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-10-31 12433987 c:FRS102 2022-11-01 2023-10-31 12433987 c:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12433987 c:FullAccounts 2022-11-01 2023-10-31 12433987 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12433987 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 12433987










JZC LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
JZC LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JZC LTD
FOR THE YEAR ENDED 31 OCTOBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JZC Ltd for the year ended 31 October 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the director of JZC Ltd in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of JZC Ltd and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JZC Ltd and its  director for our work or for this report.
 
 
It is your duty to ensure that JZC Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and loss. You consider that JZC Ltd is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of JZC Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.







Shipleys Tax Planning
 

30 July 2024
Page 1

 
JZC LTD
REGISTERED NUMBER: 12433987

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
185,000
185,000

Debtors: amounts falling due within one year
 4 
1
1

Cash at bank and in hand
 5 
963
632

  
185,964
185,633

Creditors: amounts falling due within one year
 6 
(199,546)
(198,711)

Net current liabilities
  
 
 
(13,582)
 
 
(13,078)

Total assets less current liabilities
  
(13,582)
(13,078)

  

Net liabilities
  
(13,582)
(13,078)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(13,583)
(13,079)

  
(13,582)
(13,078)


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 profit and loss account 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: 






Dr Nabil Choudhury
Director

Page 2

 
JZC LTD
REGISTERED NUMBER: 12433987

BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

Date: 30 July 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
JZC LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

JZC Ltd is a company domiciled in England and Wales, registration number 12433987.  The registered office address is Wharf House, Victoria Quays, Wharf Street, Sheffield, S2 5SY.

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

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.

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.

Page 4

 
JZC LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

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.

 
2.5

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.

 
2.6

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.







Administration
1
1


4.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
185,000
185,000

185,000
185,000


2023
2022
£
£
Page 5

 
JZC LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.Debtors (continued)


Due within one year

Prepayments and accrued income
1
1

1
1



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
963
632

963
632



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
197,866
197,031

Accruals and deferred income
1,680
1,680

199,546
198,711



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
963
963




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

Page 6

 
JZC LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

8.


Related party transactions

At the balance sheet date the company owed £195,000 (2022: £195,000) to NCIA Holdings Ltd,  £2,031 (2021: £1,581) to Harley Street Healthcare Ltd. 
At the balance sheet date £197,866 (2022: £197,031) is included in other creditors.
At the balance sheet date the company was owed £75,000 (2022: £75,000) from Phi Phi Ltd and £110,000 (2022: £110,000) from HSHC London Ltd. At the balance sheet date £185,000 (2022:£185,000) is included in other debtors.
 


9.


Controlling party

Dr Nabil Choudhury is the ultimate controlling party.


Page 7