Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31190No description of principal activity2232022-10-31falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07013109 2022-10-31 2023-12-31 07013109 2021-10-01 2022-10-30 07013109 2023-12-31 07013109 2022-10-30 07013109 c:Director1 2022-10-31 2023-12-31 07013109 c:Director2 2022-10-31 2023-12-31 07013109 c:RegisteredOffice 2022-10-31 2023-12-31 07013109 d:Buildings d:LongLeaseholdAssets 2022-10-31 2023-12-31 07013109 d:Buildings d:LongLeaseholdAssets 2023-12-31 07013109 d:Buildings d:LongLeaseholdAssets 2022-10-30 07013109 d:FurnitureFittings 2022-10-31 2023-12-31 07013109 d:FurnitureFittings 2023-12-31 07013109 d:FurnitureFittings 2022-10-30 07013109 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-10-31 2023-12-31 07013109 d:ComputerEquipment 2022-10-31 2023-12-31 07013109 d:ComputerEquipment 2023-12-31 07013109 d:ComputerEquipment 2022-10-30 07013109 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-10-31 2023-12-31 07013109 d:OwnedOrFreeholdAssets 2022-10-31 2023-12-31 07013109 d:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 07013109 d:PatentsTrademarksLicencesConcessionsSimilar 2022-10-30 07013109 d:CurrentFinancialInstruments 2023-12-31 07013109 d:CurrentFinancialInstruments 2022-10-30 07013109 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07013109 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-30 07013109 d:ShareCapital 2023-12-31 07013109 d:ShareCapital 2022-10-30 07013109 d:RetainedEarningsAccumulatedLosses 2023-12-31 07013109 d:RetainedEarningsAccumulatedLosses 2022-10-30 07013109 c:FRS102 2022-10-31 2023-12-31 07013109 c:Audited 2022-10-31 2023-12-31 07013109 c:FullAccounts 2022-10-31 2023-12-31 07013109 c:PrivateLimitedCompanyLtd 2022-10-31 2023-12-31 07013109 c:SmallCompaniesRegimeForAccounts 2022-10-31 2023-12-31 07013109 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2022-10-31 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 07013109







FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2023


JJE ENTERPRISES LIMITED






































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JJE ENTERPRISES LIMITED
 


 
COMPANY INFORMATION


Directors
Mr B Shedden 
Mr J Shedden 




Registered number
07013109



Registered office
2nd Floor, Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Independent auditors
Menzies LLP
Chartered Accountants & Statutory Auditor

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


JJE ENTERPRISES LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 6


 


JJE ENTERPRISES LIMITED
REGISTERED NUMBER:07013109



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

31 December
Unaudited
30 October
2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 5 
-
1,777

Tangible assets
 6 
490,294
664,654

  
490,294
666,431

Current assets
  

Stocks
  
41,601
70,614

Debtors: amounts falling due within one year
 7 
739,080
149,397

Cash at bank and in hand
  
8,203
580,504

  
788,884
800,515

Creditors: amounts falling due within one year
 8 
(441,140)
(826,035)

Net current assets/(liabilities)
  
 
 
347,744
 
 
(25,520)

Total assets less current liabilities
  
838,038
640,911

Provisions for liabilities
  

Deferred tax
  
(91,029)
(98,676)

  
 
 
(91,029)
 
 
(98,676)

Net assets
  
747,009
542,235


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
746,909
542,135

  
747,009
542,235


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: 


Mr B Shedden
Director
Date: 22 August 2024

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

Page 1

 


JJE ENTERPRISES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

JJE Enterprises Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements. The principal place of business is Unit 5, The Forum, Hanworth Lane, Chertsey, Surrey, KT16 9JX.
The reporting period is longer than a year being a 14 month period from 1 November 2022 to 31 December 2023. The change in the reporting period was made to bring the company's period in line with the group. The comparative amounts presented in the financial statements are not directly comparable as they are for a 13 month period ended 30 October 2022.
 
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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements are presented in sterling which is the financial currency of the company and rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover 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. Turnover is generated via the operation of fast food outlets and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
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

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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 five years.
 
Page 2

 


JJE ENTERPRISES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

Depreciation is provided on the following basis:

Long-term leasehold property
-
10 years straight line
Fixtures and fittings
-
10 years straight line
Computer equipment
-
5 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.

There has been a change in the depreciation policy to fixtures and fittings in the current period to align with the group and reflect the actual utilisation of the assets in the business. The depreciation policy has changed from 20% reducing balance to 10 years straight line. This has resulted in an increase in the depreciation charge for the period by £32,904.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.9

Current and deferred taxation

The tax expense for the period 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 reporting date in the countries where the Company operates and generates income.

Page 3

 


JJE ENTERPRISES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

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.


Prior period reclassification

The administration expenses for the prior period have decreased from £4,699,231 to £1,991,682, while the cost of sales has increased from £2,229,283 to £4,936,832 to align the accounts classification with the rest of the group. There was no effect on the profit or the net assets.


4.


Employees

The average monthly number of employees during the period was 190 (2022 - 223).


5.


Intangible assets






Patents

£



Cost


Unaudited at 31 October 2022
76,350



At 31 December 2023

76,350



Amortisation


Unaudited at 31 October 2022
74,573


Charge for the period on owned assets
1,777



At 31 December 2023

76,350



Net book value



At 31 December 2023
-



Unaudited at 30 October 2022
1,777



Page 4

 


JJE ENTERPRISES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

6.


Tangible fixed assets







Long-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


Unaudited at 31 October 2022
41,252
1,633,320
-
1,674,572


Additions
-
8,500
5,888
14,388



At 31 December 2023

41,252
1,641,820
5,888
1,688,960



Depreciation


Unaudited at 31 October 2022
11,180
998,738
-
1,009,918


Charge for the period on owned assets
4,567
182,956
1,225
188,748



At 31 December 2023

15,747
1,181,694
1,225
1,198,666



Net book value



At 31 December 2023
25,505
460,126
4,663
490,294



Unaudited at 30 October 2022
30,072
634,582
-
664,654


7.


Debtors

31 December
Unaudited
30 October
2023
2022
£
£


Amounts owed by group undertakings
400,969
-

Prepayments and accrued income
338,111
149,397

739,080
149,397


The prior period trade debtors have been restated from £129,298 to £Nil and the prior period prepayments and accrued income have been restated from £Nil to £129,298 after a reclassification of £129,298.

Page 5

 


JJE ENTERPRISES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due within one year

31 December
Unaudited
30 October
2023
2022
£
£

Trade creditors
177,644
179,545

Corporation tax
100,761
110,707

Other taxation and social security
-
350,799

Other creditors
-
5,546

Accruals and deferred income
162,735
179,438

441,140
826,035



9.


Creditors: Amounts falling due after more than one year





10.


Guarantees

There is in place a Composite Company Unlimited Unilateral Guarantee in place, dated 7 February 2012, given to HSBC plc by this company, Full House Restaurants Holdings Limited, Full House Restaurants Limited, House Special Limited, Classic Crust Limited, The Woodpecker Inn Limited, Sherston Limited, Sunmead Limited and Surrey Pizzas Limited.


11.


Parent company

Full House Restaurants Holdings Limited, a Company incorporated in the United Kingdom, is the parent company of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The Company's registered office is 2nd Floor, Magna House, 18-32 London Road, Staines-upon-Thames, Surrey, TW18 4BP.


12.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2023 was unqualified.

The audit report was signed on 22 August 2024 by Andrew Cook FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

 
Page 6