Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2023-03-06falsefalse2truetrue 14706197 2023-03-05 14706197 2023-03-06 2024-03-31 14706197 2022-03-06 2023-03-05 14706197 2024-03-31 14706197 c:Director1 2023-03-06 2024-03-31 14706197 c:Director2 2023-03-06 2024-03-31 14706197 d:CurrentFinancialInstruments 2024-03-31 14706197 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14706197 d:ShareCapital 2024-03-31 14706197 d:RetainedEarningsAccumulatedLosses 2024-03-31 14706197 c:FRS102 2023-03-06 2024-03-31 14706197 c:AuditExempt-NoAccountantsReport 2023-03-06 2024-03-31 14706197 c:FullAccounts 2023-03-06 2024-03-31 14706197 c:PrivateLimitedCompanyLtd 2023-03-06 2024-03-31 14706197 e:PoundSterling 2023-03-06 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14706197










JHEET LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
JHEET LIMITED
REGISTERED NUMBER:14706197

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
  
115,350

Cash at bank and in hand
  
50,361

  
165,711

Creditors: amounts falling due within one year
  
(41,355)

Net current assets
  
 
 
124,356

Total assets less current liabilities
  
124,356

  

Net assets
  
124,356


Capital and reserves
  

Called up share capital 
  
150

Profit and loss account
  
124,206

  
124,356


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 period 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 17 September 2024.




................................................
Elizabeth Tallowin
................................................
James Tallowin
Director
Director

Page 1

 
JHEET LIMITED
REGISTERED NUMBER:14706197
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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

Page 2

 
JHEET LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

JHEET Limited is a private company limited by shares and incorporated in England and Wales, registration number 14706197. The registered office is Manor Farm, Stubb Road, Hickling, Norwich, NR12 0BS.

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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. 
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
JHEET LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

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 balance sheet date in the countries where the Company operates and generates income.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2024
£


Trade debtors
115,350

115,350


Page 4

 
JHEET LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
50,361

50,361



6.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
39,680

Accruals and deferred income
1,675

41,355


Page 5