Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01The principal activity of the company continued to be that of operation of a CJ Hole estate agents franchise1822truetrue 04604000 2023-03-01 2024-02-29 04604000 2022-03-01 2023-02-28 04604000 2024-02-29 04604000 2023-02-28 04604000 2022-03-01 04604000 c:Director1 2023-03-01 2024-02-29 04604000 d:Buildings 2023-03-01 2024-02-29 04604000 d:Buildings 2024-02-29 04604000 d:Buildings 2023-02-28 04604000 d:Buildings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04604000 d:Buildings d:LongLeaseholdAssets 2023-03-01 2024-02-29 04604000 d:Buildings d:LongLeaseholdAssets 2024-02-29 04604000 d:Buildings d:LongLeaseholdAssets 2023-02-28 04604000 d:FurnitureFittings 2023-03-01 2024-02-29 04604000 d:FurnitureFittings 2024-02-29 04604000 d:FurnitureFittings 2023-02-28 04604000 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04604000 d:OfficeEquipment 2023-03-01 2024-02-29 04604000 d:OfficeEquipment 2024-02-29 04604000 d:OfficeEquipment 2023-02-28 04604000 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04604000 d:ComputerEquipment 2023-03-01 2024-02-29 04604000 d:ComputerEquipment 2024-02-29 04604000 d:ComputerEquipment 2023-02-28 04604000 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04604000 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 04604000 d:Goodwill 2024-02-29 04604000 d:Goodwill 2023-02-28 04604000 d:CurrentFinancialInstruments 2024-02-29 04604000 d:CurrentFinancialInstruments 2023-02-28 04604000 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 04604000 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 04604000 d:ShareCapital 2024-02-29 04604000 d:ShareCapital 2023-02-28 04604000 d:RetainedEarningsAccumulatedLosses 2024-02-29 04604000 d:RetainedEarningsAccumulatedLosses 2023-02-28 04604000 c:OrdinaryShareClass1 2023-03-01 2024-02-29 04604000 c:OrdinaryShareClass1 2024-02-29 04604000 c:FRS102 2023-03-01 2024-02-29 04604000 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 04604000 c:FullAccounts 2023-03-01 2024-02-29 04604000 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 04604000 d:Subsidiary1 2023-03-01 2024-02-29 04604000 d:Subsidiary1 1 2023-03-01 2024-02-29 04604000 d:WithinOneYear 2024-02-29 04604000 d:WithinOneYear 2023-02-28 04604000 d:BetweenOneFiveYears 2024-02-29 04604000 d:BetweenOneFiveYears 2023-02-28 04604000 2 2023-03-01 2024-02-29 04604000 6 2023-03-01 2024-02-29 04604000 d:AcceleratedTaxDepreciationDeferredTax 2024-02-29 04604000 d:AcceleratedTaxDepreciationDeferredTax 2023-02-28 04604000 d:TaxLossesCarry-forwardsDeferredTax 2024-02-29 04604000 d:TaxLossesCarry-forwardsDeferredTax 2023-02-28 04604000 d:OtherDeferredTax 2024-02-29 04604000 d:OtherDeferredTax 2023-02-28 04604000 d:Goodwill d:OwnedIntangibleAssets 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04604000














C J HENLEAZE LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
C J HENLEAZE LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 10


 
C J HENLEAZE LIMITED
REGISTERED NUMBER:04604000

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
16,500

Tangible assets
 5 
8,752
15,605

Investments
 6 
40,000
43,000

  
48,752
75,105

Current assets
  

Debtors: amounts falling due within one year
 7 
266,015
198,179

Cash at bank and in hand
 8 
6,770
168

  
272,785
198,347

Creditors: amounts falling due within one year
 9 
(595,194)
(515,461)

Net current liabilities
  
 
 
(322,409)
 
 
(317,114)

Total assets less current liabilities
  
(273,657)
(242,009)

Provisions for liabilities
  

Deferred tax
 10 
(25)
(2,642)

  
 
 
(25)
 
 
(2,642)

Net liabilities
  
(273,682)
(244,651)


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
  
(273,782)
(244,751)

  
(273,682)
(244,651)


1

 
C J HENLEAZE LIMITED
REGISTERED NUMBER:04604000
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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 on 30 September 2024.




................................................
C E Hill
Director

The notes on pages 3 to 10 form part of these financial statements.

2

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

CJ Henleaze Limited is a private company, limited by shares, registered in England and Wales, registration number 04604000. The registered office address is 108 Henleaze Road, Henleaze, Bristol, BS9 4JZ. The trading address is 25 Canford Lane, Westbury on Trym, Bristol, BS9 3DQ.
The principal activity of the company continued to be that of operation of a CJ Hole estate agents franchise.

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 company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis as the shareholder has confirmed he will continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months.

 
2.3

Turnover

Turnover comprises revenue recognised by the company is respect of the operation of a CJ Hole estate agents franchise, exclusive of Value Added Tax.

 
2.4

 Interest income

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

 
2.5

 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.

 
2.6

 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.

3

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.7

 Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Profit and loss account over its useful economic life.

 
2.9

 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.

4

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.9
 Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using straight line method.

Depreciation is provided on the following basis:

Freehold property
-
25% straight line
L/Term Leasehold Property
-
Over the terms of the lease
Fixtures and fittings
-
20% straight line
Office equipment
-
20% straight line
Computer equipment
-
33.3% straight line

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.

 
2.10

 Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.11

 Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.12

 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.

 
2.13

 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

 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 other third parties, loans from and to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 18 (2023 - 22).

5

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Intangible assets






Goodwill

£



Cost


At 1 March 2023
330,000



At 29 February 2024

330,000



Amortisation


At 1 March 2023
313,500


Charge for the year
16,500



At 29 February 2024

330,000



Net book value



At 29 February 2024
-



At 28 February 2023
16,500



6

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Tangible fixed assets







Freehold property
L/Term leasehold property
Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 March 2023
38,543
67,918
14,166
4,650
19,458
144,735


Additions
-
-
639
1,028
-
1,667


Disposals
-
-
(717)
-
(2,228)
(2,945)



At 29 February 2024

38,543
67,918
14,088
5,678
17,230
143,457



Depreciation


At 1 March 2023
38,543
67,918
6,530
2,583
13,556
129,130


Charge for the year
-
-
2,812
1,016
4,692
8,520


Disposals
-
-
(717)
-
(2,228)
(2,945)



At 29 February 2024

38,543
67,918
8,625
3,599
16,020
134,705



Net book value



At 29 February 2024
-
-
5,463
2,079
1,210
8,752



At 28 February 2023
-
-
7,636
2,067
5,902
15,605

7

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

6.


Fixed asset investments








Investments in subsidiary companies
Listed investments
Total

£
£
£



Cost or valuation


At 1 March 2023
40,000
3,000
43,000


Disposals
-
(3,000)
(3,000)



At 29 February 2024
40,000
-
40,000





Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Registered office

Principal activity

Class of shares

Holding

CJ Clifton & Bristol Ltd
United Kingdom
Operation of real estate agencies
Ordinary
80%


7.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
74,222
42,096

Amounts owed by group undertakings
186,190
130,412

Other debtors
3,537
8,626

Prepayments
2,066
17,045

266,015
198,179



8.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
6,770
168

Less: bank overdrafts
-
(15,752)

6,770
(15,584)


8

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

9.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Bank overdrafts
-
15,752

Trade creditors
11,068
12,674

Other taxation and social security
78,819
48,537

Other creditors
437,271
394,645

Accruals and deferred income
68,036
43,853

595,194
515,461



10.


Deferred taxation






29 February
2024
28 February
2023


£

£






At beginning of year
(2,642)
(3,681)


Charged to profit or loss
2,617
1,039



At end of year
(25)
(2,642)

The provision for deferred taxation is made up as follows:

29 February
28 February
2024
2023
£
£


Accelerated capital allowances
(1,494)
(3,107)

Tax losses carried forward
1,147
-

Short term timing
322
465

(25)
(2,642)


11.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100


9

 
C J HENLEAZE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

12.


Pension commitments

The company operates 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 £12,473 (2023 - £10,439). Contributions totalling £3,001 (2023 - £1,861) were payable to the fund at the balance sheet date and are included in creditors.


13.


Commitments under operating leases

At 29 February 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

29 February
28 February
2024
2023
£
£


Not later than 1 year
5,626
18,500

Later than 1 year and not later than 5 years
-
5,626

5,626
24,126


14.


Related party transactions

As at the year end, the company owed £2,510 (2023 - £1,428 was owed) to the directors. The loan is interest free and repayable on demand.
At the balance sheet date, the company was owed £186,190 (2023 - £130,412) from its subsidiary.

 
10