Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueinvestment activities2023-07-25false3falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15028504 2023-07-24 15028504 2023-07-25 2024-03-31 15028504 2022-07-25 2023-07-24 15028504 2024-03-31 15028504 c:Director3 2023-07-25 2024-03-31 15028504 d:CurrentFinancialInstruments 2024-03-31 15028504 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 15028504 d:ShareCapital 2024-03-31 15028504 d:RetainedEarningsAccumulatedLosses 2024-03-31 15028504 c:FRS102 2023-07-25 2024-03-31 15028504 c:AuditExempt-NoAccountantsReport 2023-07-25 2024-03-31 15028504 c:FullAccounts 2023-07-25 2024-03-31 15028504 c:PrivateLimitedCompanyLtd 2023-07-25 2024-03-31 15028504 2 2023-07-25 2024-03-31 15028504 e:PoundSterling 2023-07-25 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 15028504









J.C. COMPANY HOLDINGS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
J.C. COMPANY HOLDINGS LTD
REGISTERED NUMBER: 15028504

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Current asset investments
 4 
10,008,866

Cash at bank and in hand
 5 
158,877

  
10,167,743

Creditors: amounts falling due within one year
 6 
(8,780,113)

Net current assets
  
 
 
1,387,630

Total assets less current liabilities
  
1,387,630

Provisions for liabilities
  

Deferred tax
 7 
(290,085)

  
 
 
(290,085)

Net assets
  
1,097,545


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
1,097,544

  
1,097,545


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 statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
Page 1

 
J.C. COMPANY HOLDINGS LTD
REGISTERED NUMBER: 15028504
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
R Badger
Director

Date: 5 November 2024

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

Page 2

 
J.C. COMPANY HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

J.C. Company Holdings Ltd is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Ground Floor, 45 Pall Mall, London, SW1Y 5JG.
The company's principal activity is that of investment activities.

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

Interest income

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

 
2.3

Current and deferred taxation

The tax expense for the period 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.


Page 3

 
J.C. COMPANY HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
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.


3.


Employees



The average monthly number of employees, including directors, during the period was 3.


4.


Current asset investments

2024
£

Listed investments
10,008,866

10,008,866


2024
£


Purchases
8,848,525

Gains on remeasurement to fair value
1,160,341

Market value
10,008,866



Market value
-

Page 4

 
J.C. COMPANY HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.Current asset investments (continued)



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
158,877

158,877



6.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
60,573

Other creditors
8,705,767

Accruals and deferred income
13,773

8,780,113


As at the balance sheet date, the Company owed £8,705,767 to the Estate of Josephine Corcoran.


7.


Deferred taxation



2024


£






Charged to profit or loss
(290,085)



At end of year
(290,085)

The deferred taxation balance is made up as follows:

2024
£


Deferred tax on increase in investment portfolio
(290,085)

(290,085)

 
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