Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3153No description of principal activity2023-04-01false72truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10877826 2023-04-01 2024-03-31 10877826 2022-04-01 2023-03-31 10877826 2024-03-31 10877826 2023-03-31 10877826 2022-04-01 10877826 c:Director2 2023-04-01 2024-03-31 10877826 d:Buildings 2023-04-01 2024-03-31 10877826 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 10877826 d:Buildings d:LongLeaseholdAssets 2024-03-31 10877826 d:Buildings d:LongLeaseholdAssets 2023-03-31 10877826 d:PlantMachinery 2023-04-01 2024-03-31 10877826 d:PlantMachinery 2024-03-31 10877826 d:PlantMachinery 2023-03-31 10877826 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10877826 d:FurnitureFittings 2023-04-01 2024-03-31 10877826 d:FurnitureFittings 2024-03-31 10877826 d:FurnitureFittings 2023-03-31 10877826 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10877826 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10877826 d:Goodwill 2023-04-01 2024-03-31 10877826 d:Goodwill 2024-03-31 10877826 d:Goodwill 2023-03-31 10877826 d:CurrentFinancialInstruments 2024-03-31 10877826 d:CurrentFinancialInstruments 2023-03-31 10877826 d:Non-currentFinancialInstruments 2024-03-31 10877826 d:Non-currentFinancialInstruments 2023-03-31 10877826 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10877826 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10877826 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 10877826 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10877826 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 10877826 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 10877826 d:ShareCapital 2023-04-01 2024-03-31 10877826 d:ShareCapital 2024-03-31 10877826 d:ShareCapital 2022-04-01 2023-03-31 10877826 d:ShareCapital 2023-03-31 10877826 d:ShareCapital 2022-04-01 10877826 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 10877826 d:RetainedEarningsAccumulatedLosses 2024-03-31 10877826 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 10877826 d:RetainedEarningsAccumulatedLosses 2023-03-31 10877826 d:RetainedEarningsAccumulatedLosses 2022-04-01 10877826 c:FRS102 2023-04-01 2024-03-31 10877826 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10877826 c:FullAccounts 2023-04-01 2024-03-31 10877826 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10877826 2 2023-04-01 2024-03-31 10877826 d:Goodwill d:OwnedIntangibleAssets 2023-04-01 2024-03-31 10877826 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10877826









JESMUND CARE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
JESMUND CARE LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JESMUND CARE LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

You consider that the Company is exempt from an audit for the year ended 31 March 2024. You have acknowledged, on the Balance sheet, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the financial statements on pages 11 from the accounting records of the Company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these financial statements.

  



Eclipse Consultancy Limited
 
The Courtyard
14A Sydenham Road
Croydon
CR0 2EE
9 August 2024
Page 1

 
JESMUND CARE LIMITED
REGISTERED NUMBER: 10877826

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 3 
192,000
288,000

Tangible assets
 4 
2,300,196
2,335,265

  
2,492,196
2,623,265

Current assets
  

Debtors: amounts falling due within one year
 5 
69,614
25,100

Cash at bank and in hand
 6 
365,405
225,022

  
435,019
250,122

Creditors: amounts falling due within one year
 7 
(259,548)
(259,692)

Net current assets/(liabilities)
  
 
 
175,471
 
 
(9,570)

Total assets less current liabilities
  
2,667,667
2,613,695

Creditors: amounts falling due after more than one year
 8 
(992,420)
(1,338,535)

  

Net assets
  
1,675,247
1,275,160


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
1,675,245
1,275,158

  
1,675,247
1,275,160


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 by: 
Page 2

 
JESMUND CARE LIMITED
REGISTERED NUMBER: 10877826
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024





................................................
Praveen Modha
Director

Date: 9 August 2024

The notes on pages 6 to 11 form part of these financial statements.

Page 3

 

 
JESMUND CARE LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024



Called up share capital
Profit and loss account
Total equity


£
£
£


At 1 April 2023
2
1,275,158
1,275,160





Profit for the year
-
400,087
400,087

Total comprehensive income for the year
-
400,087
400,087



At 31 March 2024
2
1,675,245
1,675,247



The notes on pages 6 to 11 form part of these financial statements.

Page 4

 

 
JESMUND CARE LIMITED


 

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



Called up share capital
Profit and loss account
Total equity


£
£
£


At 1 April 2022
2
812,827
812,829





Profit for the year
-
462,331
462,331

Total comprehensive income for the year
-
462,331
462,331



At 31 March 2023
2
1,275,158
1,275,160



The notes on pages 6 to 11 form part of these financial statements.

Page 5

 
JESMUND CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
1.4

Interest income

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

 
1.5

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 6

 
JESMUND CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.6

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.

 
1.7

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
1.8

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
-
2%
Plant and machinery
-
2%
Fixtures and fittings
-
2%

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 7

 
JESMUND CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.9

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.

 
1.10

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.

 
1.11

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.


Employees

The average monthly number of employees, including directors, during the year was 72 (2023 - 53).


3.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
830,000



At 31 March 2024

830,000



Amortisation


At 1 April 2023
542,000


Charge for the year on owned assets
96,000



At 31 March 2024

638,000



Net book value



At 31 March 2024
192,000



At 31 March 2023
288,000

Page 8

 
JESMUND CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
 
           3.Intangible assets (continued)




4.


Tangible fixed assets





Land and Buildings
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 April 2023
2,163,611
89,051
324,893
2,577,555


Additions
-
22,357
14,043
36,400



At 31 March 2024

2,163,611
111,408
338,936
2,613,955



Depreciation


At 1 April 2023
173,296
49,822
19,172
242,290


Charge for the year on owned assets
42,409
22,281
6,779
71,469



At 31 March 2024

215,705
72,103
25,951
313,759



Net book value



At 31 March 2024
1,947,906
39,305
312,985
2,300,196



At 31 March 2023
1,990,315
39,229
305,721
2,335,265


5.


Debtors

2024
2023
£
£


Other debtors
14,600
5,500

Prepayments and accrued income
55,014
19,600

69,614
25,100


Page 9

 
JESMUND CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
365,405
225,022

365,405
225,022



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
50,000

Corporation tax
192,458
132,900

Other taxation and social security
27,024
37,411

Other creditors
26,951
26,833

Accruals and deferred income
13,115
12,548

259,548
259,692



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
493,709

Other creditors
992,420
844,826

992,420
1,338,535


Page 10

 
JESMUND CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


2024
2023
£
£

Amounts falling due within one year

Bank loans
-
50,000


-
50,000


Amounts falling due 2-5 years

Bank loans
-
493,709


-
493,709


-
543,709



10.


Pension commitments


11.


Related party transactions

The directors have made an interest free loan to the Company during the period, the balance at the end of the period was £925,593 (2023: £777,999). The loan is repayable after more than 5 years.

 
Page 11