Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10188721 2023-06-01 2024-05-31 10188721 2022-06-01 2023-05-31 10188721 2024-05-31 10188721 2023-05-31 10188721 c:Director1 2023-06-01 2024-05-31 10188721 d:OfficeEquipment 2023-06-01 2024-05-31 10188721 d:OfficeEquipment 2024-05-31 10188721 d:OfficeEquipment 2023-05-31 10188721 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10188721 d:CurrentFinancialInstruments 2024-05-31 10188721 d:CurrentFinancialInstruments 2023-05-31 10188721 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10188721 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10188721 d:ShareCapital 2024-05-31 10188721 d:ShareCapital 2023-05-31 10188721 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 10188721 d:RetainedEarningsAccumulatedLosses 2024-05-31 10188721 d:RetainedEarningsAccumulatedLosses 2023-05-31 10188721 c:OrdinaryShareClass1 2023-06-01 2024-05-31 10188721 c:OrdinaryShareClass1 2024-05-31 10188721 c:OrdinaryShareClass1 2023-05-31 10188721 c:FRS102 2023-06-01 2024-05-31 10188721 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10188721 c:FullAccounts 2023-06-01 2024-05-31 10188721 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10188721 2 2023-06-01 2024-05-31 10188721 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 10188721 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 10188721 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10188721









JONATHAN RL CONSULTING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
JONATHAN RL CONSULTING LIMITED
REGISTERED NUMBER: 10188721

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
845
1,261

Current assets
  

Debtors: amounts falling due within one year
 5 
668
342

Bank and cash balances
  
38,321
44,702

  
38,989
45,044

Creditors: amounts falling due within one year
 6 
(5,273)
(6,126)

Net current assets
  
 
 
33,716
 
 
38,918

Total assets less current liabilities
  
34,561
40,179

Provisions for liabilities
  

Deferred tax
 7 
(161)
(240)

Net assets
  
34,400
39,939


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
 9 
34,300
39,839

  
34,400
39,939


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 income and retained earnings 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: 



Jonathan Ragol-Levy
Director

Date: 19 August 2024

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
JONATHAN RL CONSULTING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


GENERAL INFORMATION

Jonathan RL Consulting Limited (10188721) is a private company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Causeway House, 1 Dane Street, Bishops Stortford, Hertfordshire, CM23 3BT. This company is not part of a group.

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

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 2

 
JONATHAN RL CONSULTING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

PENSIONS

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

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.

Page 3

 
JONATHAN RL CONSULTING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.7
TANGIBLE FIXED ASSETS (continued)

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:

Office equipment
-
33%
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.

 
2.8

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

 
2.9

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. 

 
2.10

CREDITORS

Short-term creditors are measured at the transaction price.

 
2.11

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

FINANCIAL INSTRUMENTS

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

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.

Page 4

 
JONATHAN RL CONSULTING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.13

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


TANGIBLE FIXED ASSETS





Office equipment

£



Cost


At 1 June 2023
3,434



At 31 May 2024

3,434



Depreciation


At 1 June 2023
2,173


Charge for the year on owned assets
416



At 31 May 2024

2,589



Net book value



At 31 May 2024
845



At 31 May 2023
1,261


5.


DEBTORS

2024
2023
£
£


Prepayments
668
342


Page 5

 
JONATHAN RL CONSULTING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


CREDITORS: Amounts falling due within one year

2024
2023
£
£

Trade creditors
20
417

Corporation tax
2,542
2,646

Other creditors
312
-

Accruals
2,399
3,063

5,273
6,126



7.


DEFERRED TAXATION




2024


£






At beginning of year
(240)


Charged to profit or loss
79



At end of year
(161)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(161)
(240)


8.


SHARE CAPITAL

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



9.


RESERVES

Profit and loss account

The profit and loss account represents cumulative profit and losses net of dividends and other adjustments.

Page 6

 
JONATHAN RL CONSULTING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

10.


PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £7,000 (2023 - £7,000). No contributions (2023 - £Nil) were payable to the fund at the balance sheet date. 

Page 7