Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.11716585falsefalsetrue2023-01-012true 11716585 2023-01-01 2023-12-31 11716585 2022-01-01 2022-12-31 11716585 2023-12-31 11716585 2022-12-31 11716585 c:Director2 2023-01-01 2023-12-31 11716585 d:CurrentFinancialInstruments 2023-12-31 11716585 d:CurrentFinancialInstruments 2022-12-31 11716585 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11716585 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11716585 d:ShareCapital 2023-12-31 11716585 d:ShareCapital 2022-12-31 11716585 d:RetainedEarningsAccumulatedLosses 2023-12-31 11716585 d:RetainedEarningsAccumulatedLosses 2022-12-31 11716585 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11716585 c:OrdinaryShareClass1 2023-12-31 11716585 c:FRS102 2023-01-01 2023-12-31 11716585 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11716585 c:FullAccounts 2023-01-01 2023-12-31 11716585 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11716585 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11716585














JOED CONSTRUCTION LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
JOED CONSTRUCTION LTD
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 5


 
JOED CONSTRUCTION LTD
REGISTERED NUMBER:11716585

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
848,823
1,290,779

Cash at bank and in hand
 5 
9,442
40,150

  
858,265
1,330,929

Creditors: amounts falling due within one year
 6 
(807,865)
(1,272,839)

Net current assets
  
 
 
50,400
 
 
58,090

Total assets less current liabilities
  
50,400
58,090

  

Net assets
  
50,400
58,090


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
50,300
57,990

  
50,400
58,090


1

 
JOED CONSTRUCTION LTD
REGISTERED NUMBER:11716585
    
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: 



................................................
R J Beim
Director

Date: 7 October 2024

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

2

 
JOED CONSTRUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company is a private company, limited by shares, registered in England and Wales. The registered address of the company and its principal place of business is Unit 7, The Old Power Station, 121 Mortlake High Street, London, SW14 8SN. 
 
The principal activity is that of property construction.

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 company's functional and presentational currency is pound sterling.
 

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover 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. Turnover 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:

Rendering of services

Turnover 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.

 
2.3

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.

3

 
JOED CONSTRUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Debtors

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

 
2.6

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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

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

4

 
JOED CONSTRUCTION LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
848,590
1,121,560

Prepayments and accrued income
233
169,219

848,823
1,290,779



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
9,442
40,150



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
802,907
802,340

Corporation tax
-
550

Other taxation and social security
-
453,045

Other creditors
-
13,204

Accruals and deferred income
4,958
3,700

807,865
1,272,839



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100



8.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.

 
5