Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseConstruction and set building in the film industry22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06935788 2023-07-01 2024-06-30 06935788 2022-07-01 2023-06-30 06935788 2024-06-30 06935788 2023-06-30 06935788 c:Director1 2023-07-01 2024-06-30 06935788 d:OfficeEquipment 2023-07-01 2024-06-30 06935788 d:OfficeEquipment 2024-06-30 06935788 d:OfficeEquipment 2023-06-30 06935788 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06935788 d:CurrentFinancialInstruments 2024-06-30 06935788 d:CurrentFinancialInstruments 2023-06-30 06935788 d:Non-currentFinancialInstruments 2024-06-30 06935788 d:Non-currentFinancialInstruments 2023-06-30 06935788 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06935788 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06935788 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 06935788 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 06935788 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 06935788 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 06935788 d:ShareCapital 2024-06-30 06935788 d:ShareCapital 2023-06-30 06935788 d:RetainedEarningsAccumulatedLosses 2024-06-30 06935788 d:RetainedEarningsAccumulatedLosses 2023-06-30 06935788 c:OrdinaryShareClass1 2023-07-01 2024-06-30 06935788 c:OrdinaryShareClass1 2024-06-30 06935788 c:FRS102 2023-07-01 2024-06-30 06935788 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06935788 c:FullAccounts 2023-07-01 2024-06-30 06935788 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06935788 d:WithinOneYear 2024-06-30 06935788 d:WithinOneYear 2023-06-30 06935788 d:BetweenOneFiveYears 2024-06-30 06935788 d:BetweenOneFiveYears 2023-06-30 06935788 d:TaxLossesCarry-forwardsDeferredTax 2024-06-30 06935788 d:TaxLossesCarry-forwardsDeferredTax 2023-06-30 06935788 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06935788














J G K LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 JUNE 2024

 
J G K LIMITED
 

CONTENTS



Page
Statement of financial position
 
1 - 2
Notes to the financial statements
 
3 - 7


 
J G K LIMITED
REGISTERED NUMBER:06935788

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,978
3,409

Current assets
  

Debtors: amounts falling due within one year
 5 
5,760
1,635

Cash at bank and in hand
  
121,621
173,617

  
127,381
175,252

Creditors: amounts falling due within one year
 6 
(31,155)
(28,502)

Net current assets
  
 
 
96,226
 
 
146,750

Total assets less current liabilities
  
106,204
150,159

Creditors: amounts falling due after more than one year
 7 
(9,785)
(17,948)

  
96,419
132,211

Provisions for liabilities
  

Deferred tax
 9 
(1,896)
(647)

Net assets
  
94,523
131,564


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
94,423
131,464

  
94,523
131,564


Page 1

 
J G K LIMITED
REGISTERED NUMBER:06935788
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 comprehensive income 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 Kirsop
Director

Date: 3 January 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
J G K LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

J G K Limited is a limited liability company incorporated in England and Wales with its registered
office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company is that of construction and set building in the film industry.

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

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

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 provided on the following basis:

Office equipment
-
25%
Reducing Balance Method

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 the Statement of comprehensive income.

 
2.4

Debtors

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

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
J G K LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

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.


3.


Employees

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

Page 4

 
J G K LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2023
30,643


Additions
9,896



At 30 June 2024

40,539



Depreciation


At 1 July 2023
27,234


Charge for the year on owned assets
3,327



At 30 June 2024

30,561



Net book value



At 30 June 2024
9,978



At 30 June 2023
3,409


5.


Debtors

2024
2023
£
£


Trade debtors
1,688
-

Other debtors
-
1,635

Prepayments and accrued income
4,072
-

5,760
1,635


Page 5

 
J G K LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
8,163
7,962

Trade creditors
25
287

Taxation and social security
20,731
16,563

Other creditors
373
1,990

Accruals and deferred income
1,863
1,700

31,155
28,502



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,785
17,948



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
8,163
7,962


Amounts falling due 2-5 years

Bank loans
9,785
17,948


17,948
25,910


Page 6

 
J G K LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Deferred taxation




2024


£






At beginning of year
(647)


Charged to profit or loss
(1,249)



At end of year
(1,896)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Tax losses carried forward
(1,896)
(647)


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100



11.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
7,819
-

Later than 1 year and not later than 5 years
8,471
-

16,290
-

Page 7