Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31trueThe company's principal activity is that of providing consultancy services.2023-01-01false37trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07921881 2023-01-01 2023-12-31 07921881 2022-01-01 2022-12-31 07921881 2023-12-31 07921881 2022-12-31 07921881 c:Director2 2023-01-01 2023-12-31 07921881 c:Director3 2023-01-01 2023-12-31 07921881 c:Director4 2023-01-01 2023-12-31 07921881 c:RegisteredOffice 2023-01-01 2023-12-31 07921881 d:CurrentFinancialInstruments 2023-12-31 07921881 d:CurrentFinancialInstruments 2022-12-31 07921881 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07921881 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07921881 d:ShareCapital 2023-12-31 07921881 d:ShareCapital 2022-12-31 07921881 d:RetainedEarningsAccumulatedLosses 2023-12-31 07921881 d:RetainedEarningsAccumulatedLosses 2022-12-31 07921881 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 07921881 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 07921881 c:OrdinaryShareClass1 2023-01-01 2023-12-31 07921881 c:OrdinaryShareClass1 2023-12-31 07921881 c:OrdinaryShareClass1 2022-12-31 07921881 c:FRS102 2023-01-01 2023-12-31 07921881 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07921881 c:FullAccounts 2023-01-01 2023-12-31 07921881 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07921881 2 2023-01-01 2023-12-31 07921881 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07921881









SJWS SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
SJWS SERVICES LTD
 
 
COMPANY INFORMATION


Directors
G E Stow 
R L Carino 
J B Kasinather 




Registered number
07921881



Registered office
5 New Street Square

London

EC4A 3TW




Accountants
Rawlinson & Hunter LLP
Chartered Accountants

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
SJWS SERVICES LTD
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
SJWS SERVICES LTD
REGISTERED NUMBER: 07921881

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
121,597
144,889

Cash at bank and in hand
 5 
528,458
516,725

  
650,055
661,614

Creditors: amounts falling due within one year
 6 
(409,291)
(399,533)

Net current assets
  
 
 
240,764
 
 
262,081

Total assets less current liabilities
  
240,764
262,081

  

Net assets
  
240,764
262,081


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
240,664
261,981

  
240,764
262,081


Page 1

 
SJWS SERVICES LTD
REGISTERED NUMBER: 07921881
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 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 by: 




R L Carino
Director

Date: 11 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SJWS SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

SJWS Services Limited ("the company") is a private company, limited by shares, incorporated in England and Wales with registration number of 07921881. The registered office is 5 New Street Square, London, EC4A 3TW.

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

On 31 October 2022, the company transferred its principal trading activity to St John's Wood Square Limited. Since this date, a small amount of costs have been incurred in relation to moving supplier contracts over, with a view that the company will no longer trade and will become dormant. There is no intention to strike off the company at this time.
After making enquiries, the directors have a reasonable expectation that the company has the continued financial support from the shareholder and accordingly the company has adequate resources to continue in operational existence for the foreseeable future, and hence consider the adoption of the going concern basis in preparing these financial statements to be appropriate. 

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax.

 
2.4

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.

 
2.5

Interest income

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

 
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 Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 3

 
SJWS SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Taxation

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.

 
2.8

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.

 
2.9

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. 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.

 
2.10

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.

 
2.11

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its 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.

 
2.12

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 3 (2022 - 7).
 

Page 4

 
SJWS SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
121,597
116,043

Prepayments and accrued income
-
28,846

121,597
144,889



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
528,458
516,725



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
41,923

Amounts owed to group undertakings
100
100

Other creditors
393,185
340,221

Accruals and deferred income
16,006
17,289

409,291
399,533



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
528,458
516,725




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

Page 5

 
SJWS SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



9.


Pension commitments

The company operated 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 £Nil (2022 - £61,272). Contributions totalling £Nil (2022 - £Nil) were payable to the fund at the balance sheet date.


10.


Controlling party

The company is a wholly owned subsidiary of SJWS Services Holdings Limited, a company incorporated in England and Wales. SJWS Services Holdings Limited is a wholly owned subsidiary of All Asia Investments Limited, a company incorporated in Hong Kong. The ultimate controlling party is R L Carino.
The group headed by SJWS Services Holdings Limited qualifies as small and therefore is exempt from producing consolidated accounts at that level.

 
Page 6