Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01Property maintenance11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09326993 2023-01-01 2023-12-31 09326993 2022-01-01 2022-12-31 09326993 2023-12-31 09326993 2022-12-31 09326993 c:Director2 2023-01-01 2023-12-31 09326993 d:PlantMachinery 2023-01-01 2023-12-31 09326993 d:PlantMachinery 2023-12-31 09326993 d:PlantMachinery 2022-12-31 09326993 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09326993 d:MotorVehicles 2023-01-01 2023-12-31 09326993 d:MotorVehicles 2023-12-31 09326993 d:MotorVehicles 2022-12-31 09326993 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09326993 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09326993 d:CurrentFinancialInstruments 2023-12-31 09326993 d:CurrentFinancialInstruments 2022-12-31 09326993 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09326993 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09326993 d:ShareCapital 2023-12-31 09326993 d:ShareCapital 2022-12-31 09326993 d:RetainedEarningsAccumulatedLosses 2023-12-31 09326993 d:RetainedEarningsAccumulatedLosses 2022-12-31 09326993 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 09326993 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 09326993 c:FRS102 2023-01-01 2023-12-31 09326993 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09326993 c:FullAccounts 2023-01-01 2023-12-31 09326993 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09326993 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 09326993









GCJ PROPERTY MAINTENANCE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
GCJ PROPERTY MAINTENANCE LIMITED
REGISTERED NUMBER: 09326993

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,279
1,599

  
1,279
1,599

Current assets
  

Stocks
 5 
1,250
1,000

Debtors: amounts falling due within one year
 6 
2,713
4,437

Cash at bank and in hand
 7 
14,546
6,225

  
18,509
11,662

Creditors: amounts falling due within one year
 8 
(7,611)
(4,636)

Net current assets
  
 
 
10,898
 
 
7,026

Total assets less current liabilities
  
12,177
8,625

  

Net assets
  
12,177
8,625


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
12,077
8,525

  
12,177
8,625

Page 1

 
GCJ PROPERTY MAINTENANCE LIMITED
REGISTERED NUMBER: 09326993
    
BALANCE SHEET (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 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 on 18 September 2024.




................................................
Andrew Godwin
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
GCJ PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is a private company, limited by shares, incorporated in England and Wales. The principal activity of the Company was that of property maintenance.

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.

 
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:

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

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.

 
2.4

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 3

 
GCJ PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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:

Plant and machinery
-
20% reducing balance
Motor vehicles
-
20% reducing balance

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

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 4

 
GCJ PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Instruments Issues” of FRS 102 to all of its 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.

 
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.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
GCJ PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 January 2023
587
2,306
2,893



At 31 December 2023

587
2,306
2,893



Depreciation


At 1 January 2023
464
830
1,294


Charge for the year on owned assets
25
295
320



At 31 December 2023

489
1,125
1,614



Net book value



At 31 December 2023
98
1,181
1,279



At 31 December 2022
123
1,476
1,599


5.


Stocks

2023
2022
£
£

Stock
1,250
1,000

1,250
1,000


Page 6

 
GCJ PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Trade debtors
635
3,448

Other debtors
1,714
790

Prepayments and accrued income
364
199

2,713
4,437



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
14,546
6,225

14,546
6,225



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
4,461
3,561

Other creditors
2,000
-

Accruals and deferred income
1,150
1,075

7,611
4,636



9.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
14,546
6,225




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



Page 7

 
GCJ PROPERTY MAINTENANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Controlling party

The Company is controlled by the director, Andrew Godwin, by virtue of his shareholding as detailed in the directors' report.

 
Page 8