Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-03-01falseNo description of principal activity00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05559559 2023-03-01 2023-12-31 05559559 2021-10-01 2023-02-28 05559559 2023-12-31 05559559 2023-02-28 05559559 c:Director1 2023-03-01 2023-12-31 05559559 d:CurrentFinancialInstruments 2023-12-31 05559559 d:CurrentFinancialInstruments 2023-02-28 05559559 d:Non-currentFinancialInstruments 2023-12-31 05559559 d:Non-currentFinancialInstruments 2023-02-28 05559559 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05559559 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 05559559 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05559559 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 05559559 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-31 05559559 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-02-28 05559559 d:ShareCapital 2023-12-31 05559559 d:ShareCapital 2023-02-28 05559559 d:RetainedEarningsAccumulatedLosses 2023-12-31 05559559 d:RetainedEarningsAccumulatedLosses 2023-02-28 05559559 c:OrdinaryShareClass1 2023-03-01 2023-12-31 05559559 c:OrdinaryShareClass1 2023-12-31 05559559 c:OrdinaryShareClass1 2023-02-28 05559559 c:FRS102 2023-03-01 2023-12-31 05559559 c:AuditExempt-NoAccountantsReport 2023-03-01 2023-12-31 05559559 c:FullAccounts 2023-03-01 2023-12-31 05559559 c:PrivateLimitedCompanyLtd 2023-03-01 2023-12-31 05559559 e:PoundSterling 2023-03-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05559559










JHB ESTATES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
JHB ESTATES LIMITED
REGISTERED NUMBER: 05559559

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
28 February
2023
2023
Note
£
£

Fixed assets
  

Investment property
  
-
77,032

  
-
77,032

Current assets
  

Debtors: amounts falling due within one year
 3 
23,079
-

Cash at bank and in hand
 4 
595
484

  
23,674
484

Creditors: amounts falling due within one year
 5 
(5,569)
(11,685)

Net current assets/(liabilities)
  
 
 
18,105
 
 
(11,201)

Total assets less current liabilities
  
18,105
65,831

Creditors: amounts falling due after more than one year
 6 
-
(68,000)

  

Net assets/(liabilities)
  
18,105
(2,169)


Capital and reserves
  

Called up share capital 
 8 
9,000
9,000

Profit and loss account
  
9,105
(11,169)

  
18,105
(2,169)


Page 1

 
JHB ESTATES LIMITED
REGISTERED NUMBER: 05559559
    
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 period 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: 




Mr T J Brook
Director

Date: 9 September 2024

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

Page 2

 
JHB ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

JHB Estates Limited, 05559559, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principal place of business at 17 Ronneby Close, Weybridge, Surrey, KT13 9SB.

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 following principal accounting policies have been applied:

 
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

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.

 
2.4

Borrowing costs

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

Page 3

 
JHB ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

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.

 
2.8

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.

 
2.9

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.


3.


Debtors

31 December
28 February
2023
2023
£
£


Other debtors
23,079
-

23,079
-


Page 4

 
JHB ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Cash and cash equivalents

31 December
28 February
2023
2023
£
£

Cash at bank and in hand
595
484

595
484



5.


Creditors: Amounts falling due within one year

31 December
28 February
2023
2023
£
£

Corporation tax
4,056
-

Other creditors
-
10,382

Accruals and deferred income
1,513
1,303

5,569
11,685



6.


Creditors: Amounts falling due after more than one year

31 December
28 February
2023
2023
£
£

Bank loans
-
68,000

-
68,000


Page 5

 
JHB ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Loans


Analysis of the maturity of loans is given below:


31 December
28 February
2023
2023
£
£




Amounts falling due after more than 5 years

Bank loans
-
68,000

-
68,000



8.


Share capital

31 December
28 February
2023
2023
£
£
Allotted, called up and fully paid



9,000 (2023 - 9,000) Ordinary shares of £1.00 each
9,000
9,000


 
Page 6