Company Registration Number: 09864105
CJCT GROUP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
31 DECEMBER 2023
|
CJCT GROUP LIMITED
REGISTERED NUMBER: 09864105
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital redemption reserve
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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:
................................................
T R N Tolcher
|
|
|
|
The notes on pages 3 to 5 form part of these financial statements.
Page 1
|
CJCT GROUP LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023
|
|
|
Capital redemption reserve
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income for the year
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income for the year
|
|
|
|
|
|
Contributions by and distributions to owners
|
|
|
|
|
|
Dividends: Equity capital
|
|
|
|
|
|
Total transactions with owners
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income for the year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The notes on pages 3 to 5 form part of these financial statements.
|
Page 2
|
CJCT GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CJCT Group Limited ("the company") is a private company limited by shares, incorporated in England and Wales. The address of its principal place of business is Studio 104, 338-346 Goswell Road, London EC1V 7LQ.
CJCT Group Limited is the ultimate parent company of Careyjones Chapmantolcher Limited, Careyjones Chapmantolcher (Studio South) Limited and CJCT (Studio North) Limited.
The principal activity of the company is that of a holding company. The principal activity of the group continues to be that of architects and interior designers.
These financial statements have been presented in pound sterling which is the functional currency of the company, and rounded to the nearest £.
2.Accounting policies
|
|
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.
|
|
Exemption from preparing consolidated financial statements
|
The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.
The Company's forecasts, taking account of reasonably possible changes in trading performance of the subsidiaries, show that they should be able to operate within their current working capital facilities. In common with other businesses in the architectural profession, the forecasts include a certain amount of fee income that is not secured at the date of approval of these financial statements, however based on historic and current trading, the director expects the trading subsidiaries to be able to achieve those projected fees.
The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and continue to adopt the going concern basis of accounting in preparing the annual financial statements. The director has considered a period in excess of twelve months from the date of approval of these financial statements in making his assessment.
Investments in subsidiaries are measured at cost less accumulated impairment.
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.
Page 3
|
CJCT GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
|
The average monthly number of employees, including directors, during the year was 1 (2022 - 1).
|
|
|
Investments in subsidiary companies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The following were subsidiary undertakings of the Company:
|
|
|
|
|
|
|
|
Careyjones Chapmantolcher Limited
|
Second Floor, 56 Wellington Street, Leeds, West Yorkshire, LS1 2EE
|
|
|
|
|
CJCT (Studio North) Limited
|
Second Floor, 56 Wellington Street, Leeds, West Yorkshire, LS1 2EE
|
|
|
|
|
Careyjones Chapmantolcher (Studio South) Limited
|
Studio 104, 338-346 Goswell Road, London EC1V 7LQ
|
|
|
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
8,800 (2022 - 8,800) Ordinary shares of £0.01 each
|
|
|
Page 4
|
CJCT GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Share premium account
This reserve represents the value of shares in Careyjones Chapmantolcher Limited above the amount paid for them, based upon the amount paid to purchase the shareholding of a departing director.
Capital redemption reserve
This reserve represents the value of ordinary share capital redeemed through cancellation.
Profit and loss account
The reserve represents the cumulative profits and losses of the company less any dividends declared.
|
Related party transactions
|
|
The Company has taken advantage of the exemption in FRS 102 section 33 not to disclose transactions with other wholly owned members of the group.
No other transactions with related parties were undertaken such as are required to be disclosed under FRS102 section 33.
Dividends of £Nil were paid during the year (2022: £400,000) to its shareholders.
No key management personnel were remunerated by CJCT Group Limited.
|
The ultimate controlling party in the year was considered to be T R N Tolcher due to his majority shareholding in the Company. On 28 June 2024, the ultimate controlling party became CJCT Trustees Limited.
Page 5
|