Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity1415truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04338715 2023-01-01 2023-12-31 04338715 2022-01-01 2022-12-31 04338715 2023-12-31 04338715 2022-12-31 04338715 2022-01-01 04338715 c:Director2 2023-01-01 2023-12-31 04338715 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 04338715 d:Buildings d:LongLeaseholdAssets 2023-12-31 04338715 d:Buildings d:LongLeaseholdAssets 2022-12-31 04338715 d:PlantMachinery 2023-01-01 2023-12-31 04338715 d:PlantMachinery 2023-12-31 04338715 d:PlantMachinery 2022-12-31 04338715 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04338715 d:MotorVehicles 2023-01-01 2023-12-31 04338715 d:MotorVehicles 2023-12-31 04338715 d:MotorVehicles 2022-12-31 04338715 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04338715 d:ComputerEquipment 2023-01-01 2023-12-31 04338715 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04338715 d:CurrentFinancialInstruments 2023-12-31 04338715 d:CurrentFinancialInstruments 2022-12-31 04338715 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04338715 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04338715 d:ShareCapital 2023-12-31 04338715 d:ShareCapital 2022-12-31 04338715 d:CapitalRedemptionReserve 2023-01-01 2023-12-31 04338715 d:CapitalRedemptionReserve 2023-12-31 04338715 d:CapitalRedemptionReserve 2022-12-31 04338715 d:RetainedEarningsAccumulatedLosses 2023-12-31 04338715 d:RetainedEarningsAccumulatedLosses 2022-12-31 04338715 c:OrdinaryShareClass1 2023-01-01 2023-12-31 04338715 c:OrdinaryShareClass1 2023-12-31 04338715 c:OrdinaryShareClass1 2022-12-31 04338715 c:FRS102 2023-01-01 2023-12-31 04338715 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04338715 c:FullAccounts 2023-01-01 2023-12-31 04338715 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04338715 2 2023-01-01 2023-12-31 04338715 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 04338715 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 04338715 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04338715










CALGARY JUST COMPANIES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CALGARY JUST COMPANIES LIMITED
 

CONTENTS



Page
Statement of financial position
 
 
1 - 2
Notes to the financial statements
 
 
3 - 9


 
CALGARY JUST COMPANIES LIMITED
REGISTERED NUMBER: 04338715

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
158,687
186,365

  
158,687
186,365

Current assets
  

Stocks
  
1,357,486
1,363,249

Debtors: amounts falling due within one year
 5 
221,083
134,219

Cash at bank and in hand
  
224,896
193,114

  
1,803,465
1,690,582

Creditors: amounts falling due within one year
 6 
(958,002)
(964,106)

Net current assets
  
 
 
845,463
 
 
726,476

Total assets less current liabilities
  
1,004,150
912,841

Provisions for liabilities
  

Deferred tax
 7 
(22,368)
(28,019)

Other provisions
  
(9,320)
(10,706)

  
 
 
(31,688)
 
 
(38,725)

Net assets
  
972,462
874,116


Capital and reserves
  

Called up share capital 
 8 
50
50

Capital redemption reserve
 9 
50
50

Profit and loss account
 9 
972,362
874,016

  
972,462
874,116


Page 1

 
CALGARY JUST COMPANIES LIMITED
REGISTERED NUMBER: 04338715
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 by: 




................................................
Mr C N Pigott
Director

Date: 9 September 2024

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

Page 2

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Calgary Just Companies Limited is a private company limited by shares and incorporated in England and Wales, registration number 04338715. The registered office is Calgary House, Britons Lane, Beeston Regis, Sheringham, Norfolk, NR26 8TS.

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 financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover 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 turnover 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.

 
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.

 
2.4

Interest income

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

Page 3

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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

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.

 
2.7

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 reporting 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 reporting 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 reporting date.

 
2.8

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.

Page 4

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets over their estimated useful lives, as follows:

Depreciation is provided on the following basis:

Leasehold Property
-
5% reducing balance basis
Plant & machinery
-
25% reducing balance basis
Motor vehicles
-
20% straight line basis
Computer equipment
-
33% straight line basis

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the cost of purchase.
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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

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.

Page 5

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.14

Warranty Provision

The warranty provision represents potential future liabilities arising on goods supplied and is based upon historic data.

 
2.15

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. 

 
2.16

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2022 - 15).


4.


Tangible fixed assets





Leasehold Property
Plant & machinery
Motor vehicles
Total

£
£
£
£



Cost or valuation


At 1 January 2023
188,449
88,706
94,013
371,168


Additions
-
1,000
-
1,000



At 31 December 2023

188,449
89,706
94,013
372,168



Depreciation


At 1 January 2023
88,537
73,420
22,846
184,803


Charge for the year on owned assets
5,000
4,875
18,803
28,678



At 31 December 2023

93,537
78,295
41,649
213,481



Net book value



At 31 December 2023
94,912
11,411
52,364
158,687



At 31 December 2022
99,912
15,286
71,167
186,365

Page 6

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
468
3,636

Amounts owed by joint ventures and associated undertakings
121,805
120,026

Other debtors
86,934
-

Prepayments and accrued income
11,876
10,557

221,083
134,219



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
675,003
570,996

Amounts owed to other participating interests
213,625
50,708

Corporation tax
41,726
69,221

Other taxation and social security
-
43,599

Other creditors
18,270
220,539

Accruals and deferred income
9,378
9,043

958,002
964,106


Page 7

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Deferred taxation




2023
2022


£

£






At beginning of year
(28,019)
(21,087)


Charged to profit or loss
5,651
(6,932)



At end of year
(22,368)
(28,019)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
22,368
28,019

22,368
28,019


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) Ordinary shares of £1.00 each
50
50



9.


Reserves

Capital redemption reserve

The Capital redemption reserve represents the nominal value of Ordinary shares acquired by the Company on 2 March 2021.  


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 £4,046 (2022 - £4,425). No contributions were payable to the fund at the balance sheet date (2022 - nil). 

Page 8

 
CALGARY JUST COMPANIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

11.


Related party transactions

At the year end the director was owed £18,270 (2022 - £220,514) which is interest free and repayable on demand. 
During the year the Company traded with a business in which a director is a partner, as detailed below;


2023
2022
£
£

Sales
23,064
32,768
Purchases
1,171,046
760,470
Debtor at year end
121,805
120,026
Creditor at year end
213,625
50,709

 
Page 9