Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-310false02023-02-01No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10561628 2023-02-01 2024-01-31 10561628 2022-02-01 2023-01-31 10561628 2024-01-31 10561628 2023-01-31 10561628 c:Director1 2023-02-01 2024-01-31 10561628 d:CurrentFinancialInstruments 2024-01-31 10561628 d:CurrentFinancialInstruments 2023-01-31 10561628 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 10561628 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 10561628 d:ShareCapital 2024-01-31 10561628 d:ShareCapital 2023-01-31 10561628 d:RetainedEarningsAccumulatedLosses 2024-01-31 10561628 d:RetainedEarningsAccumulatedLosses 2023-01-31 10561628 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-01-31 10561628 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-01-31 10561628 c:FRS102 2023-02-01 2024-01-31 10561628 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10561628 c:FullAccounts 2023-02-01 2024-01-31 10561628 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10561628 2 2023-02-01 2024-01-31 10561628 6 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 10561628









J O THOMAS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
J O THOMAS LIMITED
REGISTERED NUMBER: 10561628

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
102
102

  
102
102

Current assets
  

Debtors: amounts falling due within one year
 5 
199,627
100,725

Cash at bank and in hand
 6 
48,575
39,503

  
248,202
140,228

Creditors: amounts falling due within one year
 7 
(29,222)
(8,271)

Net current assets
  
 
 
218,980
 
 
131,957

Total assets less current liabilities
  
219,082
132,059

  

Net assets
  
219,082
132,059


Capital and reserves
  

Called up share capital 
  
101
101

Profit and loss account
  
218,981
131,958

  
219,082
132,059


Page 1

 
J O THOMAS LIMITED
REGISTERED NUMBER: 10561628
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

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 25 September 2024.




................................................
Joshua Thomas
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
J O THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The Company was incorporated in England and Wales and is a private company limited by share capital. The principal activity of the Company is holding shares in unlisted companies.

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

Interest income

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

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Statement of income and retained earnings if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.

Page 3

 
J O THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.8

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 Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
102



At 31 January 2024
102





5.


Debtors

2024
2023
£
£


Amounts owed by joint ventures and associated undertakings
54,702
-

Other debtors
144,925
100,725

199,627
100,725


Included within other debtors due within one year is a loan to the director, J O Thomas amounting to £109,138 (2022 - £83,720).



Page 4

 
J O THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
48,575
39,503

48,575
39,503



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to joint ventures
8,905
2,199

Corporation tax
19,003
4,806

Accruals and deferred income
1,314
1,266

29,222
8,271



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
48,575
39,503




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


9.


Controlling party

The Company is controlled by the director J O Thomas, by virtue of his shareholding, as described in the Director's report.

 
Page 5