Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-112024-02-11false1falseretail of bowls equipmenttrue2023-02-121The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03512447 2023-02-12 2024-02-11 03512447 2022-02-12 2023-02-11 03512447 2024-02-11 03512447 2023-02-11 03512447 c:Director3 2023-02-12 2024-02-11 03512447 d:CurrentFinancialInstruments 2024-02-11 03512447 d:CurrentFinancialInstruments 2023-02-11 03512447 d:Non-currentFinancialInstruments 2024-02-11 03512447 d:Non-currentFinancialInstruments 2023-02-11 03512447 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-11 03512447 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-11 03512447 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-11 03512447 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-02-11 03512447 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-02-11 03512447 d:ShareCapital 2024-02-11 03512447 d:ShareCapital 2023-02-11 03512447 d:RetainedEarningsAccumulatedLosses 2024-02-11 03512447 d:RetainedEarningsAccumulatedLosses 2023-02-11 03512447 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-02-11 03512447 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-02-11 03512447 c:EntityNoLongerTradingButTradedInPast 2023-02-12 2024-02-11 03512447 c:FRS102 2023-02-12 2024-02-11 03512447 c:AuditExempt-NoAccountantsReport 2023-02-12 2024-02-11 03512447 c:FullAccounts 2023-02-12 2024-02-11 03512447 c:PrivateLimitedCompanyLtd 2023-02-12 2024-02-11 03512447 e:PoundSterling 2023-02-12 2024-02-11 iso4217:GBP xbrli:pure

Registered number: 03512447










JULIAN HAINES BOWLS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 11 FEBRUARY 2024

 
JULIAN HAINES BOWLS LIMITED
REGISTERED NUMBER: 03512447

BALANCE SHEET
AS AT 11 FEBRUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
-
24

  
-
24

Creditors: amounts falling due within one year
 5 
(7,572)
(7,280)

Net current liabilities
  
 
 
(7,572)
 
 
(7,256)

Total assets less current liabilities
  
(7,572)
(7,256)

Creditors: amounts falling due after more than one year
 6 
(19,267)
(19,267)

  

Net liabilities
  
(26,839)
(26,523)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(26,939)
(26,623)

  
(26,839)
(26,523)


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 profit and loss account 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 on 13 September 2024.




J.J. O'Donnell
Director
Page 1

 
JULIAN HAINES BOWLS LIMITED
REGISTERED NUMBER: 03512447
    
BALANCE SHEET (CONTINUED)
AS AT 11 FEBRUARY 2024


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2024

1.


General information

The entity is a private limited company incorporated in England and Wales. The registered office is located at 6 Northlands Road, Southampton, Hampshire, SO15 2LF. Trade ceased on 11th February 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 following principal accounting policies have been applied:

 
2.2

Going concern

The company ceased trading on 11th February 2022 so the accounts have not been prepared on a going concern basis. The transactions in the year were minimal in number to keep the company in existence.

 
2.3

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.

 
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.

 
2.5

Borrowing costs

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

Page 3

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

Financial instruments

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

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

Page 4

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2024

4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
24

-
24



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
6,800
6,800

Accruals and deferred income
772
480

7,572
7,280



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
19,267
19,267

19,267
19,267


Page 5

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2024

7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,800
6,800


6,800
6,800

Amounts falling due 1-2 years

Bank loans
6,800
6,800


6,800
6,800

Amounts falling due 2-5 years

Bank loans
12,467
12,467


12,467
12,467


26,067
26,067



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
-
24




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


Related party transactions

During the year all payments made on behalf of the company by it's parent company were released in full as income. 

Page 6

 
JULIAN HAINES BOWLS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 11 FEBRUARY 2024

10.


Controlling party

During the year the company was under the control of Living the Dream Bournemouth Limited who owned 100% of the share capital. That company shares the same registered office address as Julian Haines Bowls Limited.

 
Page 7