Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-02-01falseThe principal activity continued to be that of the operation of CJ Hole estate agents franchise2122truetrue 05273116 2023-02-01 2024-01-31 05273116 2022-02-01 2023-01-31 05273116 2024-01-31 05273116 2023-01-31 05273116 2022-02-01 05273116 c:Director1 2023-02-01 2024-01-31 05273116 d:Buildings d:LongLeaseholdAssets 2023-02-01 2024-01-31 05273116 d:Buildings d:LongLeaseholdAssets 2024-01-31 05273116 d:Buildings d:LongLeaseholdAssets 2023-01-31 05273116 d:Buildings d:ShortLeaseholdAssets 2023-02-01 2024-01-31 05273116 d:MotorVehicles 2023-02-01 2024-01-31 05273116 d:MotorVehicles 2024-01-31 05273116 d:MotorVehicles 2023-01-31 05273116 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 05273116 d:FurnitureFittings 2023-02-01 2024-01-31 05273116 d:FurnitureFittings 2024-01-31 05273116 d:FurnitureFittings 2023-01-31 05273116 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 05273116 d:OfficeEquipment 2023-02-01 2024-01-31 05273116 d:ComputerEquipment 2023-02-01 2024-01-31 05273116 d:ComputerEquipment 2024-01-31 05273116 d:ComputerEquipment 2023-01-31 05273116 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 05273116 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 05273116 d:CurrentFinancialInstruments 2024-01-31 05273116 d:CurrentFinancialInstruments 2023-01-31 05273116 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 05273116 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 05273116 d:ShareCapital 2024-01-31 05273116 d:ShareCapital 2023-01-31 05273116 d:RetainedEarningsAccumulatedLosses 2024-01-31 05273116 d:RetainedEarningsAccumulatedLosses 2023-01-31 05273116 c:OrdinaryShareClass1 2023-02-01 2024-01-31 05273116 c:OrdinaryShareClass1 2024-01-31 05273116 c:FRS102 2023-02-01 2024-01-31 05273116 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05273116 c:FullAccounts 2023-02-01 2024-01-31 05273116 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05273116 d:WithinOneYear 2024-01-31 05273116 d:WithinOneYear 2023-01-31 05273116 d:BetweenOneFiveYears 2024-01-31 05273116 d:BetweenOneFiveYears 2023-01-31 05273116 d:MoreThanFiveYears 2024-01-31 05273116 d:MoreThanFiveYears 2023-01-31 05273116 2 2023-02-01 2024-01-31 05273116 6 2023-02-01 2024-01-31 05273116 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 05273116 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 05273116 d:TaxLossesCarry-forwardsDeferredTax 2024-01-31 05273116 d:TaxLossesCarry-forwardsDeferredTax 2023-01-31 05273116 d:RetirementBenefitObligationsDeferredTax 2024-01-31 05273116 d:RetirementBenefitObligationsDeferredTax 2023-01-31 05273116 1 2024-01-31 05273116 1 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 05273116














CJ NORTH BRISTOL LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
CJ NORTH BRISTOL LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 9


 
CJ NORTH BRISTOL LIMITED
REGISTERED NUMBER:05273116

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible Fixed Assets
 4 
30,184
38,690

Investments
 5 
-
3,000

  
30,184
41,690

Current assets
  

Debtors: amounts falling due within one year
 6 
381,212
432,655

Cash at bank and in hand
 7 
112,949
99,273

  
494,161
531,928

Creditors: amounts falling due within one year
 8 
(258,168)
(319,655)

Net current assets
  
 
 
235,993
 
 
212,273

Total assets less current liabilities
  
266,177
253,963

Provisions for liabilities
  

Deferred tax
 9 
-
(1,292)

  
 
 
-
 
 
(1,292)

Net assets
  
266,177
252,671


Capital and reserves
  

Called up share capital 
 10 
1
1

Profit and loss account
  
266,176
252,670

  
266,177
252,671


1

 
CJ NORTH BRISTOL LIMITED
REGISTERED NUMBER:05273116
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 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 by: 




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

Date: 30 September 2024

The notes on pages 3 to 9 form part of these financial statements.

2

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

CJ North Bristol Limited is a private company, limited by shares, registered in England and Wales, registration number 05273116. The registered office address is 108 Henleaze Road, Henleaze, Bristol, BS9 4JZ. The trading address is Willow Brook Centre, Savages Wood Road, Bradley Stoke, Bristol, BS32 8BS.
The principal activity continued to be that of the operation of 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's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises of revenue recognised by the company in respect of estate agents franchise services supplied during the year, net of Value Added Tax.

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

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

 
2.5

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

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

 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.

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

Depreciation is provided on the following basis:

S/Term Leasehold Property
-
Over the terms of the lease
Motor vehicles
-
25% straight line
Fixtures and fittings
-
25% straight line
Office equipment
-
25% 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.

 
2.8

 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.

 
2.9

 Debtors

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

4

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.10

 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.

 
2.11

 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.

 
2.12

 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 to and from related parties and investments in ordinary shares.

 
2.13

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 21 (2023 - 22).

5

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





L/Term Leasehold Property
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 February 2023
33,630
27,845
8,274
20,620
90,369


Additions
-
-
2,985
1,362
4,347


Disposals
-
-
(2,362)
(3,524)
(5,886)



At 31 January 2024

33,630
27,845
8,897
18,458
88,830



Depreciation


At 1 February 2023
10,048
21,597
5,106
14,927
51,678


Charge for the year on owned assets
2,881
3,946
1,618
4,409
12,854


Disposals
-
-
(2,362)
(3,524)
(5,886)



At 31 January 2024

12,929
25,543
4,362
15,812
58,646



Net book value



At 31 January 2024
20,701
2,302
4,535
2,646
30,184



At 31 January 2023
23,581
6,248
3,168
5,693
38,690




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Long leasehold
20,701
23,581


6

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Fixed asset investments





Listed investments

£





At 1 February 2023
3,000


Disposals
(3,000)



At 31 January 2024
-






Net book value



At 31 January 2024
-



At 31 January 2023
3,000


6.


Debtors

2024
2023
£
£


Trade debtors
2,925
4,142

Other debtors
362,069
405,218

Prepayments
16,218
23,295

381,212
432,655



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
112,949
99,273

Less: bank overdrafts
-
(16,913)

112,949
82,360


7

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
16,913

Trade creditors
8,404
11,962

Corporation tax
6,880
-

Other taxation and social security
45,965
44,871

Other creditors
177,098
228,029

Accruals and deferred income
19,821
17,880

258,168
319,655


Included in the cash at bank and in hand balance is £92,176 (2023 - £97,943) which relates to monies held on behalf of clients. A corresponding liability is included within other creditors of £91,749 (2023 - £95,522) denoting that these funds held are due to third parties.


9.


Deferred taxation




2024
2023


£

£






At beginning of year
(1,292)
(2,685)


Charged to profit or loss
1,292
1,393



At end of year
-
(1,292)

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(1,345)
(1,809)

Tax losses carried forward
1,148
-

Short term timing difference
197
517

-
(1,292)


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 Ordinary share of £1.00
1
1


8

 
CJ NORTH BRISTOL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

11.


Contingent liabilities

A deed of rental deposit dated 30 April 2009 was created to secure all monies due to or become due from the company to Brookmaker Limited Partnership.


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 £10,098 (2023 - £9,721). Contributions totalling £1,881 (2023 - £2,065) were payable to the fund at the balance sheet date and are included in creditors.


13.


Commitments under operating leases

At 31 January 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
35,153
35,153

Later than 1 year and not later than 5 years
122,799
135,968

Later than 5 years
54,156
78,989

212,108
250,110


14.Directors' personal guarantees

The bank overdraft facility is secured by a personal guarantee by C E Hill (who is both a director and a shareholder of the company) of £25,000
 

15.


Related party transactions

As at the year end, the company was owed £1,781 (2023 - £24,452) by the director. The interest at official interest rate is charged on the loan due to the company and the loan is repayable on demand.

 
9