Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-311No description of principal activity1true2023-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalsefalse 10999971 2023-01-01 2023-12-31 10999971 2022-01-01 2022-12-31 10999971 2023-12-31 10999971 2022-12-31 10999971 c:Director1 2023-01-01 2023-12-31 10999971 d:FreeholdInvestmentProperty 2023-01-01 2023-12-31 10999971 d:FreeholdInvestmentProperty 2023-12-31 10999971 d:CurrentFinancialInstruments 2023-12-31 10999971 d:CurrentFinancialInstruments 2022-12-31 10999971 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10999971 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10999971 d:ShareCapital 2023-12-31 10999971 d:ShareCapital 2022-12-31 10999971 d:RetainedEarningsAccumulatedLosses 2023-12-31 10999971 d:RetainedEarningsAccumulatedLosses 2022-12-31 10999971 c:FRS102 2023-01-01 2023-12-31 10999971 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10999971 c:FullAccounts 2023-01-01 2023-12-31 10999971 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10999971 2 2023-01-01 2023-12-31 10999971 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 10999971









BIG JACKO BEAR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BIG JACKO BEAR LIMITED
REGISTERED NUMBER: 10999971

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
  
661,312
-

  
661,312
-

Current assets
  

Debtors: amounts falling due within one year
 5 
26,159
100

Cash at bank and in hand
 6 
2,278
-

  
28,437
100

Creditors: amounts falling due within one year
 7 
(680,225)
-

Net current (liabilities)/assets
  
 
 
(651,788)
 
 
100

Total assets less current liabilities
  
9,524
100

  

Net assets
  
9,524
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
9,424
-

  
9,524
100


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 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 26 July 2024.



Page 1

 
BIG JACKO BEAR LIMITED
REGISTERED NUMBER: 10999971
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


Philip Bushell
Director

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

Page 2

 
BIG JACKO BEAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 10999971. The company's registered office is Nationworld House, Noose Lane, Willenhall, England, WV13 3AP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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:

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

Interest income

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

 
2.4

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.

Page 3

 
BIG JACKO BEAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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 directors, during the year was 1 (2022 - 1).

Page 4

 
BIG JACKO BEAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
661,312



At 31 December 2023
661,312


Comprising


Cost
661,312

At 31 December 2023
661,312

The directors have considered the valuation of the investment property at 31 December 2023 and are satisfied that the original cost of £661,312 is a true reflection of the market value as at this date.



At 31 December 2023





5.


Debtors

2023
2022
£
£


Trade debtors
16,059
-

Other debtors
10,100
100

26,159
100



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,278
-

2,278
-


Page 5

 
BIG JACKO BEAR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
2,211
-

Other taxation and social security
4,637
-

Other creditors
661,701
-

Accruals and deferred income
11,676
-

680,225
-



8.


Related party transactions

Included within other creditors is £661,701 (2022: £nil) owed to the director of the company.

 
Page 6