Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-314852true2023-01-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04761165 2023-01-01 2023-12-31 04761165 2022-01-01 2022-12-31 04761165 2023-12-31 04761165 2022-12-31 04761165 2022-01-01 04761165 c:Director1 2023-01-01 2023-12-31 04761165 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 04761165 d:Buildings d:LongLeaseholdAssets 2023-12-31 04761165 d:Buildings d:LongLeaseholdAssets 2022-12-31 04761165 d:MotorVehicles 2023-01-01 2023-12-31 04761165 d:MotorVehicles 2023-12-31 04761165 d:MotorVehicles 2022-12-31 04761165 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04761165 d:FurnitureFittings 2023-01-01 2023-12-31 04761165 d:FurnitureFittings 2023-12-31 04761165 d:FurnitureFittings 2022-12-31 04761165 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04761165 d:OfficeEquipment 2023-01-01 2023-12-31 04761165 d:OfficeEquipment 2023-12-31 04761165 d:OfficeEquipment 2022-12-31 04761165 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04761165 d:ComputerEquipment 2023-01-01 2023-12-31 04761165 d:ComputerEquipment 2023-12-31 04761165 d:ComputerEquipment 2022-12-31 04761165 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04761165 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04761165 d:Goodwill 2023-01-01 2023-12-31 04761165 d:Goodwill 2023-12-31 04761165 d:Goodwill 2022-12-31 04761165 d:CurrentFinancialInstruments 2023-12-31 04761165 d:CurrentFinancialInstruments 2022-12-31 04761165 d:Non-currentFinancialInstruments 2023-12-31 04761165 d:Non-currentFinancialInstruments 2022-12-31 04761165 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04761165 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04761165 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 04761165 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 04761165 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 04761165 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 04761165 d:ShareCapital 2023-12-31 04761165 d:ShareCapital 2022-12-31 04761165 d:RetainedEarningsAccumulatedLosses 2023-12-31 04761165 d:RetainedEarningsAccumulatedLosses 2022-12-31 04761165 c:OrdinaryShareClass1 2023-01-01 2023-12-31 04761165 c:OrdinaryShareClass1 2023-12-31 04761165 c:FRS102 2023-01-01 2023-12-31 04761165 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04761165 c:FullAccounts 2023-01-01 2023-12-31 04761165 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04761165 d:WithinOneYear 2023-12-31 04761165 d:WithinOneYear 2022-12-31 04761165 d:BetweenOneFiveYears 2023-12-31 04761165 d:BetweenOneFiveYears 2022-12-31 04761165 d:MoreThanFiveYears 2023-12-31 04761165 d:MoreThanFiveYears 2022-12-31 04761165 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 04761165 d:HirePurchaseContracts d:WithinOneYear 2022-12-31 04761165 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 04761165 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-12-31 04761165 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 04761165 2 2023-01-01 2023-12-31 04761165 6 2023-01-01 2023-12-31 04761165 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 04761165 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 04761165 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 04761165 d:TaxLossesCarry-forwardsDeferredTax 2022-12-31 04761165 d:OtherDeferredTax 2023-12-31 04761165 d:OtherDeferredTax 2022-12-31 04761165 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-31 04761165 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-12-31 04761165 d:Goodwill d:OwnedIntangibleAssets 2023-01-01 2023-12-31 04761165 1 2023-12-31 04761165 1 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04761165














CJ GLOUCESTER ROAD LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CJ GLOUCESTER ROAD LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 11


 
CJ GLOUCESTER ROAD LIMITED
REGISTERED NUMBER:04761165

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
135,843
93,381

Tangible assets
 5 
151,662
131,338

Investments
 6 
-
3,000

  
287,505
227,719

Current assets
  

Debtors: amounts falling due within one year
 7 
338,446
249,670

Cash at bank and in hand
 8 
332,794
451,408

  
671,240
701,078

Creditors: amounts falling due within one year
 9 
(660,617)
(633,485)

Net current assets
  
 
 
10,623
 
 
67,593

Total assets less current liabilities
  
298,128
295,312

Creditors: amounts falling due after more than one year
 10 
(36,577)
-

Provisions for liabilities
  

Deferred tax
 13 
(13,409)
(12,504)

  
 
 
(13,409)
 
 
(12,504)

Net assets
  
248,142
282,808


Capital and reserves
  

Called up share capital 
 14 
500
500

Profit and loss account
  
247,642
282,308

  
248,142
282,808


1

 
CJ GLOUCESTER ROAD LIMITED
REGISTERED NUMBER:04761165
    
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 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 11 form part of these financial statements.

2

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

CJ Gloucester Road Limited is a private company, limited by shares, registered in England and Wales, registration number 04761165. The registered office address is 108 Henleaze Road, Henleaze, Bristol, BS9 4JZ and the trading address is 92-94 Gloucester Road, Bishopston, Bristol, BS7 8BN. The second trading address is 161 Whiteladies Road, Clifton, Bristol, BS8 2RF.

The principal activity of the company 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

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

 
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

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

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 corporation 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.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

4

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

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:

L/Term Leasehold Property
-
In equal instalments over the term of the lease
Motor vehicles
-
25% straight line
Fixtures and fittings
-
20% straight line
Office equipment
-
20% straight line
Computer equipment
-
25% 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

 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.

5

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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 to and from related parties and investments in ordinary shares. 


3.


Employees

The average monthly number of employees, including directors, during the year was 52 (2022 - 48).


4.


Intangible assets




Goodwill

£



Cost


At 1 January 2023
160,398


Additions
60,000



At 31 December 2023

220,398



Amortisation


At 1 January 2023
67,016


Charge for the year on owned assets
17,540



At 31 December 2023

84,556



Net book value



At 31 December 2023
135,842



At 31 December 2022
93,382



6

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Tangible fixed assets





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

£
£
£
£
£
£



Cost or valuation


At 1 January 2023
195,685
61,405
29,531
21,492
79,291
387,404


Additions
1,204
48,990
9,624
4,823
7,530
72,171


Disposals
-
(25,000)
(10,068)
(6,069)
(10,922)
(52,059)



At 31 December 2023

196,889
85,395
29,087
20,246
75,899
407,516



Depreciation


At 1 January 2023
118,236
52,110
20,600
15,134
49,986
256,066


Charge for the year on owned assets
13,568
15,967
4,555
3,347
14,411
51,848


Disposals
-
(25,000)
(10,068)
(6,069)
(10,923)
(52,060)



At 31 December 2023

131,804
43,077
15,087
12,412
53,474
255,854



Net book value



At 31 December 2023
65,085
42,318
14,000
7,834
22,425
151,662



At 31 December 2022
77,450
9,295
8,930
6,358
29,305
131,338




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


2023
2022
£
£

Long leasehold
65,086
77,450


The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
32,992
-

7

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Fixed asset investments





Listed investments

£





At 1 January 2023
3,000


Disposals
(3,000)



At 31 December 2023
-






Net book value



At 31 December 2023
-



At 31 December 2022
3,000


7.


Debtors

2023
2022
£
£


Trade debtors
44,377
49,560

Other debtors
282,983
177,307

Called up share capital not paid
400
400

Prepayments and accrued income
10,686
22,403

338,446
249,670



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
332,794
451,408


Included in the cash at bank balance is £314,322 (2022 - £393,784) which relates to monies held on behalf of clients. A corresponding liability is included within creditors of £312,185 (2022 - £393,784) denoting that these funds are due to third parties.

8

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Creditors: amounts falling due within one year

2023
2022
£
£

Other loans
20,000
-

Trade creditors
51,418
50,029

Corporation tax
-
15,917

Other taxation and social security
142,556
114,679

Obligations under finance lease and hire purchase contracts
6,998
-

Other creditors
379,540
400,665

Accruals and deferred income
60,105
52,195

660,617
633,485



10.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
15,000
-

Net obligations under finance leases and hire purchase contracts
21,577
-

36,577
-



11.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
20,000
-


Amounts falling due 2-5 years

Other loans
15,000
-


35,000
-


9

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

12.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
6,998
-

Between 1-5 years
21,577
-

28,575
-


13.


Deferred taxation




2023
2022


£

£






At beginning of year
(12,504)
(14,682)


Charged to profit or loss
(905)
2,178



At end of year
(13,409)
(12,504)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(16,149)
(15,859)

Tax losses carried forward
2,034
2,080

Short term timing difference
706
1,275

(13,409)
(12,504)


14.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



500 Ordinary shares of £1.00 each
500
500



15.


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 £29,632 (2022 - £25,404). Contributions totalling £6,635 (2022 - £5,097) were payable to the fund at the balance sheet date and are included in creditors.

10

 
CJ GLOUCESTER ROAD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

16.


Commitments under operating leases

At 31 December 2023 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
56,000
56,000

Later than 1 year and not later than 5 years
189,490
209,205

Later than 5 years
-
36,712

245,490
301,917


17.


Related party transactions

As at the balance sheet date, the company owed £24,460 (2022 - £NIL) to the directors. The loan is interest free and repayable on demand.
 
11