Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false2023-02-01falseNo description of principal activity2true2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09227943 2023-02-01 2024-01-31 09227943 2022-02-01 2023-01-31 09227943 2024-01-31 09227943 2023-01-31 09227943 c:Director1 2023-02-01 2024-01-31 09227943 c:Director2 2023-02-01 2024-01-31 09227943 d:Buildings 2023-02-01 2024-01-31 09227943 d:Buildings 2024-01-31 09227943 d:Buildings 2023-01-31 09227943 d:Buildings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09227943 d:PlantMachinery 2023-02-01 2024-01-31 09227943 d:PlantMachinery 2024-01-31 09227943 d:PlantMachinery 2023-01-31 09227943 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09227943 d:MotorVehicles 2023-02-01 2024-01-31 09227943 d:MotorVehicles 2024-01-31 09227943 d:MotorVehicles 2023-01-31 09227943 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09227943 d:FurnitureFittings 2023-02-01 2024-01-31 09227943 d:FurnitureFittings 2024-01-31 09227943 d:FurnitureFittings 2023-01-31 09227943 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09227943 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09227943 d:CurrentFinancialInstruments 2024-01-31 09227943 d:CurrentFinancialInstruments 2023-01-31 09227943 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09227943 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09227943 d:ShareCapital 2024-01-31 09227943 d:ShareCapital 2023-01-31 09227943 d:RetainedEarningsAccumulatedLosses 2024-01-31 09227943 d:RetainedEarningsAccumulatedLosses 2023-01-31 09227943 c:FRS102 2023-02-01 2024-01-31 09227943 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09227943 c:FullAccounts 2023-02-01 2024-01-31 09227943 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09227943 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 09227943 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 09227943 2 2023-02-01 2024-01-31 09227943 6 2023-02-01 2024-01-31 09227943 3 2024-01-31 09227943 3 2023-01-31 09227943 f:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 09227943










SJWV INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
SJWV INVESTMENTS LIMITED
REGISTERED NUMBER: 09227943

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
643,226
975,447

Investments
 5 
12,400
500

  
655,626
975,947

Current assets
  

Debtors: amounts falling due within one year
 6 
210,145
220,891

Cash at bank and in hand
 7 
187,540
20,442

  
397,685
241,333

Creditors: amounts falling due within one year
 8 
(27,309)
(39,328)

Net current assets
  
 
 
370,376
 
 
202,005

Total assets less current liabilities
  
1,026,002
1,177,952

Provisions for liabilities
  

Deferred tax
 9 
(4,465)
(25,470)

  
 
 
(4,465)
 
 
(25,470)

Net assets
  
1,021,537
1,152,482


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,021,437
1,152,382

  
1,021,537
1,152,482


Page 1

 
SJWV INVESTMENTS LIMITED
REGISTERED NUMBER: 09227943

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 statement of income and retained earnings 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 8 October 2024.




S Pankhurst
C Pankhurst
Director
Director

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

Page 2

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.Accounting policies

 
1.1

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:

 
1.2

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:

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.

 
1.3

Interest income

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

 
1.4

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.

Page 3

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.Accounting policies (continued)

 
1.5

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 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.

 
1.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
not depreciated
Plant and machinery
-
20%
reducing balance
Motor vehicles
-
20%
reducing balance
Fixtures and fittings
-
20%
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 profit or loss.

 
1.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.Accounting policies (continued)

 
1.8

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.

 
1.9

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.

 
1.10

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.

 
1.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
1.12

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.


2.


General information

SJWV Investments Limited is a limited by shares company, incorporated in England & Wales. The registered office is Sudbury Stables, Downham, Billericay, Essex, CM11 1LB. 


3.


Employees

2024
2023
£
£

Wages and salaries
12,749
14,441

12,749
14,441


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 February 2023
847,953
189,120
67,630
11,402
1,116,105


Additions
-
2,370
-
-
2,370


Disposals
(270,000)
(96,321)
(10,145)
-
(376,466)



At 31 January 2024

577,953
95,169
57,485
11,402
742,009



Depreciation


At 1 February 2023
-
124,569
11,497
4,591
140,657


Charge for the year on owned assets
-
5,166
9,198
1,363
15,727


Disposals
-
(57,601)
-
-
(57,601)



At 31 January 2024

-
72,134
20,695
5,954
98,783



Net book value



At 31 January 2024
577,953
23,035
36,790
5,448
643,226



At 31 January 2023
847,953
64,550
56,133
6,811
975,447

Page 6

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Fixed asset investments





Investments in subsidiary companies
Other fixed asset investments
Total

£
£
£



Cost or valuation


At 1 February 2023
500
-
500


Additions
-
12,000
12,000


Disposals
(100)
-
(100)



At 31 January 2024
400
12,000
12,400






Net book value



At 31 January 2024
400
12,000
12,400



At 31 January 2023
500
-
500


6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
-
21,141

Other debtors
210,145
199,750

210,145
220,891



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
187,540
20,442


Page 7

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
25,312

Other taxation and social security
-
8,306

Other creditors
24,472
2,989

Accruals and deferred income
2,837
2,721

27,309
39,328


Page 8

 
SJWV INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.


Deferred taxation




2024


£






At beginning of year
(25,470)


Utilised in year
21,005



At end of year
(4,465)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(4,465)
(25,470)

(4,465)
(25,470)


10.


Related party transactions

The company is controlled by S Pankhurst and C Pankhurst. At 31 January 2024 there were balances with companies under common control as follows: 
Debtors £202,279 (2023 - £220,890)


Page 9