Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false2023-02-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06066099 2023-02-01 2024-01-31 06066099 2022-02-01 2023-01-31 06066099 2024-01-31 06066099 2023-01-31 06066099 c:CompanySecretary1 2023-02-01 2024-01-31 06066099 c:Director1 2023-02-01 2024-01-31 06066099 c:Director2 2023-02-01 2024-01-31 06066099 c:RegisteredOffice 2023-02-01 2024-01-31 06066099 d:FreeholdInvestmentProperty 2024-01-31 06066099 d:FreeholdInvestmentProperty 2023-01-31 06066099 d:FreeholdInvestmentProperty 2 2023-02-01 2024-01-31 06066099 d:CurrentFinancialInstruments 2024-01-31 06066099 d:CurrentFinancialInstruments 2023-01-31 06066099 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 06066099 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 06066099 d:ShareCapital 2024-01-31 06066099 d:ShareCapital 2023-01-31 06066099 d:RetainedEarningsAccumulatedLosses 2024-01-31 06066099 d:RetainedEarningsAccumulatedLosses 2023-01-31 06066099 c:FRS102 2023-02-01 2024-01-31 06066099 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06066099 c:FullAccounts 2023-02-01 2024-01-31 06066099 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06066099 6 2023-02-01 2024-01-31 06066099 f:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 06066099







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


JOHN HUNTLEY HOLDINGS LIMITED






































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JOHN HUNTLEY HOLDINGS LIMITED
 


 
COMPANY INFORMATION


Directors
J A Huntley 
J P Huntley 




Company secretary
J A Huntley



Registered number
06066099



Registered office
12 Greenway Lane
Buriton

Petersfield

Hampshire

GU31 5SX




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


JOHN HUNTLEY HOLDINGS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


JOHN HUNTLEY HOLDINGS LIMITED
REGISTERED NUMBER:06066099



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

Investment property
 5 
650,000
600,000

  
650,100
600,100

Current assets
  

Debtors: amounts falling due within one year
 6 
716,031
378,760

Cash at bank and in hand
  
722
343,934

  
716,753
722,694

Creditors: amounts falling due within one year
 7 
(2,007)
(9,104)

Net current assets
  
 
 
714,746
 
 
713,590

Total assets less current liabilities
  
1,364,846
1,313,690

Provisions for liabilities
  

Deferred tax
  
(42,582)
(30,082)

  
 
 
(42,582)
 
 
(30,082)

Net assets
  
1,322,264
1,283,608

Page 1

 


JOHN HUNTLEY HOLDINGS LIMITED
REGISTERED NUMBER:06066099


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
1,322,064
1,283,408

  
1,322,264
1,283,608


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 by: 


J P Huntley
Director

Date: 28 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


JOHN HUNTLEY HOLDINGS LIMITED
 


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

1.


General information

John Huntley Holdings Limited is a private company limited by shares registered in England and wales. The company's registered office is disclosed on the company information page.

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

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.

Page 3

 


JOHN HUNTLEY HOLDINGS LIMITED
 


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

2.Accounting policies (continued)

 
2.3

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 reporting 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 reporting 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 reporting date.

  
2.4

Investment Property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

Page 4

 


JOHN HUNTLEY HOLDINGS LIMITED
 


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

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.8

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.


3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
100



At 31 January 2024
100




Page 5

 


JOHN HUNTLEY HOLDINGS LIMITED
 


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

5.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
600,000


Surplus on revaluation
50,000



At 31 January 2024
650,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
696,323
378,760

Prepayments and accrued income
19,708
-

716,031
378,760



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
7,094

Other creditors
7
10

Accruals and deferred income
2,000
2,000

2,007
9,104


Page 6