Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-12-01No description of principal activitytruetruefalse 08279487 2022-12-01 2023-11-30 08279487 2021-12-01 2022-11-30 08279487 2023-11-30 08279487 2022-11-30 08279487 c:Director1 2022-12-01 2023-11-30 08279487 d:Buildings d:LongLeaseholdAssets 2022-12-01 2023-11-30 08279487 d:Buildings d:ShortLeaseholdAssets 2022-12-01 2023-11-30 08279487 d:Buildings d:ShortLeaseholdAssets 2023-11-30 08279487 d:Buildings d:ShortLeaseholdAssets 2022-11-30 08279487 d:PlantMachinery 2022-12-01 2023-11-30 08279487 d:PlantMachinery 2023-11-30 08279487 d:PlantMachinery 2022-11-30 08279487 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08279487 d:MotorVehicles 2022-12-01 2023-11-30 08279487 d:MotorVehicles 2023-11-30 08279487 d:MotorVehicles 2022-11-30 08279487 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08279487 d:FurnitureFittings 2022-12-01 2023-11-30 08279487 d:FurnitureFittings 2023-11-30 08279487 d:FurnitureFittings 2022-11-30 08279487 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08279487 d:OfficeEquipment 2022-12-01 2023-11-30 08279487 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08279487 d:CurrentFinancialInstruments 2023-11-30 08279487 d:CurrentFinancialInstruments 2022-11-30 08279487 d:Non-currentFinancialInstruments 2023-11-30 08279487 d:Non-currentFinancialInstruments 2022-11-30 08279487 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08279487 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08279487 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 08279487 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 08279487 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-11-30 08279487 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-11-30 08279487 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-11-30 08279487 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-11-30 08279487 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-11-30 08279487 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-11-30 08279487 d:ShareCapital 2023-11-30 08279487 d:ShareCapital 2022-11-30 08279487 d:RetainedEarningsAccumulatedLosses 2023-11-30 08279487 d:RetainedEarningsAccumulatedLosses 2022-11-30 08279487 c:FRS102 2022-12-01 2023-11-30 08279487 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08279487 c:FullAccounts 2022-12-01 2023-11-30 08279487 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08279487 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 08279487 d:AcceleratedTaxDepreciationDeferredTax 2022-11-30 08279487 2 2022-12-01 2023-11-30 08279487 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 08279487










CHARLES JAMES PARK HOMES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
CHARLES JAMES PARK HOMES LTD
REGISTERED NUMBER: 08279487

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
49,001
34,085

Investments
 5 
1,196,592
1,196,592

  
1,245,593
1,230,677

Current assets
  

Stocks
  
110,239
-

Debtors: amounts falling due within one year
 6 
838,542
794,329

Cash at bank and in hand
 7 
125,043
113,458

  
1,073,824
907,787

Creditors: amounts falling due within one year
 8 
(131,524)
(54,614)

Net current assets
  
 
 
942,300
 
 
853,173

Total assets less current liabilities
  
2,187,893
2,083,850

Creditors: amounts falling due after more than one year
 9 
(527,373)
(537,373)

Provisions for liabilities
  

Deferred tax
 11 
(6,953)
(2,108)

  
 
 
(6,953)
 
 
(2,108)

Net assets
  
1,653,567
1,544,369


Capital and reserves
  

Called up share capital 
  
103
100

Profit and loss account
  
1,653,464
1,544,269

  
1,653,567
1,544,369


Page 1

 
CHARLES JAMES PARK HOMES LTD
REGISTERED NUMBER: 08279487

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

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 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: 




................................................
G C J Haffenden
Director

Date: 29 August 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Charles James Park Homes Limited is a private company, limited by shares and incorporated in England.  The registered office is Trinity House, 3 Bullace Lane, Dartford, Kent DA1 1BB. 

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:

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.

 
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.

Page 3

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

 
2.8

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.

Page 4

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.9

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Long-term leasehold property
-
5%
on cost
Plant and machinery
-
20%
on written down value
Motor vehicles
-
25%
on written down value
Office equipment
-
20%
on written down value

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.

 
2.10

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.11

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 balance sheet 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.

 
2.12

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.

 
2.13

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.

 
2.14

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.

Page 5

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.15

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.

 
2.16

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

2023
2022
£
£

Wages and salaries
19,806
19,703

Social security costs
-
207

Cost of defined contribution scheme
4,800
4,800

24,606
24,710


The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 6

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 December 2022
35,968
32,097
17,500
1,913
87,478


Additions
-
-
19,800
-
19,800



At 30 November 2023

35,968
32,097
37,300
1,913
107,278



Depreciation


At 1 December 2022
12,980
25,065
13,757
1,591
53,393


Charge for the year on owned assets
1,799
1,406
1,614
65
4,884



At 30 November 2023

14,779
26,471
15,371
1,656
58,277



Net book value



At 30 November 2023
21,189
5,626
21,929
257
49,001



At 30 November 2022
22,988
7,032
3,743
322
34,085


5.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 December 2022
1,196,592



At 30 November 2023
1,196,592




Page 7

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Debtors

2023
2022
£
£


Trade debtors
680
1,203

Amounts owed by joint ventures and associated undertakings
834,922
784,922

Other debtors
1,750
5,650

Prepayments and accrued income
1,190
2,554

838,542
794,329



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
125,043
113,458



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
-
21,102

Corporation tax
34,143
7,663

Other creditors
82,648
2,586

Accruals and deferred income
4,733
13,263

131,524
54,614



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
527,373
537,373


Page 8

 
CHARLES JAMES PARK HOMES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000

Amounts falling due 2-5 years

Bank loans
8,333
18,333

Amounts falling due after more than 5 years

Bank loans
509,040
509,040

537,373
547,373



11.


Deferred taxation




2023


£






At beginning of year
(2,108)


Charged to profit or loss
(4,845)



At end of year
(6,953)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(6,953)
(2,108)


12.


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 £4,800 (2022 - £4,800) . Contributions totalling £nil (2022 - £nil) were payable to the fund at the balance sheet date and are included in creditors.


Page 9