Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-022024-09-022023-09-03falseConstruction of commercial buildings11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13955613 2023-09-03 2024-09-02 13955613 2022-03-04 2023-09-02 13955613 2024-09-02 13955613 2023-09-02 13955613 c:Director1 2023-09-03 2024-09-02 13955613 d:OfficeEquipment 2023-09-03 2024-09-02 13955613 d:OfficeEquipment 2024-09-02 13955613 d:OfficeEquipment 2023-09-02 13955613 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-03 2024-09-02 13955613 d:CurrentFinancialInstruments 2024-09-02 13955613 d:CurrentFinancialInstruments 2023-09-02 13955613 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-02 13955613 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-02 13955613 d:ShareCapital 2024-09-02 13955613 d:ShareCapital 2023-09-02 13955613 d:RetainedEarningsAccumulatedLosses 2024-09-02 13955613 d:RetainedEarningsAccumulatedLosses 2023-09-02 13955613 c:OrdinaryShareClass1 2023-09-03 2024-09-02 13955613 c:OrdinaryShareClass1 2024-09-02 13955613 c:OrdinaryShareClass1 2023-09-02 13955613 c:FRS102 2023-09-03 2024-09-02 13955613 c:AuditExempt-NoAccountantsReport 2023-09-03 2024-09-02 13955613 c:FullAccounts 2023-09-03 2024-09-02 13955613 c:PrivateLimitedCompanyLtd 2023-09-03 2024-09-02 13955613 d:WithinOneYear 2024-09-02 13955613 d:WithinOneYear 2023-09-02 13955613 e:PoundSterling 2023-09-03 2024-09-02 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13955613









JASK INTERNATIONAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2024

 
JASK INTERNATIONAL LIMITED
REGISTERED NUMBER: 13955613

BALANCE SHEET
AS AT 2 SEPTEMBER 2024

Year Ended 2 September 2024
Period Ended 2 September 2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
552
841

  
552
841

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
45,979
25,279

Cash at bank and in hand
  
4,895
6,632

  
50,874
31,911

Creditors: amounts falling due within one year
 6 
(301,585)
(281,948)

NET CURRENT LIABILITIES
  
 
 
(250,711)
 
 
(250,037)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(250,159)
(249,196)

  

NET LIABILITIES
  
(250,159)
(249,196)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(250,259)
(249,296)

  
(250,159)
(249,196)


The director considers 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 director acknowledges her 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.

Page 1

 
JASK INTERNATIONAL LIMITED
REGISTERED NUMBER: 13955613
    
BALANCE SHEET (CONTINUED)
AS AT 2 SEPTEMBER 2024

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




J Eden
Director

Date: 2 January 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
JASK INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 2 SEPTEMBER 2024

1.


GENERAL INFORMATION

JASK International Limited is a private company limited by shares and incorporated in England and Wales on 4 March 2022. Its registered office address is Salisbury House, Station Road, Cambridge, CB1 2LA.

The accounts for the prior period cover an extended period, from incorporation on 4 March 2022 to 2 September 2023.

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:

 

GOING CONCERN

The Company made a small loss during the period, increasing net liabilities to £250,159 (2023: £249,296) as at the year end.  The financial statements have been prepared on the going concern basis on the assumption that the Company will continue to receive financial support from its shareholders to provide sufficient funds to enable it to meet its liabilities as they fall due.

 
2.2

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
JASK INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 2 SEPTEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover 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.
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 on the contract when the following conditions are satisfied. The amount of turnover can be reliably measured, it is probable that the Company will receive the consideration due under the contract, the stage of completion of the contract at the reporting period can be measured reliably, and the costs incurred and costs to complete the contract can be measured reliably.

 
2.4

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

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.

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 4

 
JASK INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 2 SEPTEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
straight line

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 year was 1 (2023 - 1).

Page 5

 
JASK INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 2 SEPTEMBER 2024

4.


TANGIBLE FIXED ASSETS





Office equipment

£



COST OR VALUATION


At 3 September 2023
1,156



At 2 September 2024

1,156



DEPRECIATION


At 3 September 2023
315


Charge for the year on owned assets
289



At 2 September 2024

604



NET BOOK VALUE



At 2 September 2024
552

Page 6

 
JASK INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 2 SEPTEMBER 2024

5.


DEBTORS

Year Ended 2 September 2024
Period Ended 2 September 2023
£
£


Trade debtors
18,825
-

Other debtors
26,880
25,279

Prepayments and accrued income
274
-

45,979
25,279


Included within Other debtors is a loan made to JASK International SRL for £25,000 (2023: £25,000)


6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Year Ended 2 September 2024
Period Ended 2 September 2023
£
£

Other loans
16,532
50,665

Other creditors
281,893
222,755

Accruals and deferred income
3,160
8,528

301,585
281,948



7.


SHARE CAPITAL

Year Ended 2 September 2024
Period Ended 2 September 2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


Page 7

 
JASK INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 2 SEPTEMBER 2024

8.


COMMITMENTS UNDER OPERATING LEASES

At 2 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Year Ended 2 September 2024
Period Ended 2 September 2023
£
£


Not later than 1 year
17,400
4,157

 
Page 8