Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-30true2022-07-01falsespecial effects services in the television and film industry.22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09621949 2022-07-01 2023-06-30 09621949 2021-07-01 2022-06-30 09621949 2023-06-30 09621949 2022-06-30 09621949 c:Director1 2022-07-01 2023-06-30 09621949 d:PlantMachinery 2022-07-01 2023-06-30 09621949 d:PlantMachinery 2023-06-30 09621949 d:PlantMachinery 2022-06-30 09621949 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09621949 d:OfficeEquipment 2022-07-01 2023-06-30 09621949 d:OfficeEquipment 2023-06-30 09621949 d:OfficeEquipment 2022-06-30 09621949 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09621949 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09621949 d:CurrentFinancialInstruments 2023-06-30 09621949 d:CurrentFinancialInstruments 2022-06-30 09621949 d:Non-currentFinancialInstruments 2023-06-30 09621949 d:Non-currentFinancialInstruments 2022-06-30 09621949 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09621949 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 09621949 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 09621949 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 09621949 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 09621949 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-06-30 09621949 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 09621949 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-06-30 09621949 d:ShareCapital 2023-06-30 09621949 d:ShareCapital 2022-06-30 09621949 d:RetainedEarningsAccumulatedLosses 2023-06-30 09621949 d:RetainedEarningsAccumulatedLosses 2022-06-30 09621949 c:OrdinaryShareClass1 2022-07-01 2023-06-30 09621949 c:OrdinaryShareClass1 2023-06-30 09621949 c:OrdinaryShareClass1 2022-06-30 09621949 c:FRS102 2022-07-01 2023-06-30 09621949 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 09621949 c:FullAccounts 2022-07-01 2023-06-30 09621949 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09621949 e:PoundSterling 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09621949














CJ FX LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

 
CJ FX LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
CJ FX LIMITED
REGISTERED NUMBER:09621949

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,670
4,893

Current assets
  

Debtors: amounts falling due within one year
 5 
67,346
53,245

Cash at bank and in hand
  
4,056
8,053

  
71,402
61,298

Creditors: amounts falling due within one year
 6 
(64,309)
(50,712)

Net current assets
  
 
 
7,093
 
 
10,586

Total assets less current liabilities
  
10,763
15,479

Creditors: amounts falling due after more than one year
 7 
(9,966)
(15,167)

  

Net assets
  
797
312


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
697
212

  
797
312


Page 1

 
CJ FX LIMITED
REGISTERED NUMBER:09621949
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

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 comprehensive income 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 J Whiteley
Director

Date: 2 October 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CJ FX LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

CJ FX Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company was that of special effects services in the television and film industry.

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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

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 provided on the following basis:

Plant and machinery
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance

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 the Statement of Comprehensive Income.

 
2.4

Debtors

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

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
CJ FX LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

Borrowing costs

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

 
2.9

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 reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
CJ FX LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2022
903
7,207
8,110



At 30 June 2023

903
7,207
8,110



Depreciation


At 1 July 2022
742
2,475
3,217


Charge for the year on owned assets
40
1,183
1,223



At 30 June 2023

782
3,658
4,440



Net book value



At 30 June 2023
121
3,549
3,670



At 30 June 2022
161
4,732
4,893

Page 5

 
CJ FX LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Trade debtors
5,669
3,620

Other debtors
59,377
47,785

Prepayments and accrued income
2,300
1,840

67,346
53,245


Other debtors due within one year include a loan to the director amounting to £55,749 (2022 - £47,785).


6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,200
5,200

Trade creditors
2,903
2,118

Taxation and social security
54,095
41,455

Accruals and deferred income
2,111
1,939

64,309
50,712



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
9,966
15,167


Page 6

 
CJ FX LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
5,200
5,200

Amounts falling due 1-2 years

Bank loans
5,200
5,200

Amounts falling due 2-5 years

Bank loans
4,766
9,967


15,166
20,367



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 7