Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse2023-02-0111 13859940 2023-02-01 2024-04-30 13859940 2022-01-19 2023-01-31 13859940 2024-04-30 13859940 2023-01-31 13859940 c:Director1 2023-02-01 2024-04-30 13859940 d:CurrentFinancialInstruments 2024-04-30 13859940 d:CurrentFinancialInstruments 2023-01-31 13859940 d:Non-currentFinancialInstruments 2024-04-30 13859940 d:Non-currentFinancialInstruments 2023-01-31 13859940 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13859940 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13859940 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13859940 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 13859940 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 13859940 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 13859940 d:ShareCapital 2024-04-30 13859940 d:ShareCapital 2023-01-31 13859940 d:RetainedEarningsAccumulatedLosses 2024-04-30 13859940 d:RetainedEarningsAccumulatedLosses 2023-01-31 13859940 c:OrdinaryShareClass1 2023-02-01 2024-04-30 13859940 c:OrdinaryShareClass1 2024-04-30 13859940 c:OrdinaryShareClass1 2023-01-31 13859940 c:FRS102 2023-02-01 2024-04-30 13859940 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-04-30 13859940 c:FullAccounts 2023-02-01 2024-04-30 13859940 c:PrivateLimitedCompanyLtd 2023-02-01 2024-04-30 13859940 6 2023-02-01 2024-04-30 13859940 e:PoundSterling 2023-02-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13859940










JED SPORTS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 APRIL 2024

 
JED SPORTS LTD
REGISTERED NUMBER: 13859940

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

Period Ended 30 April
31 January
2024
2023
Note
£
£

Fixed assets
  

Investments in subsidiary companies
  
46,110
46,110

  
46,110
46,110

Current assets
  

Bank current accounts
  
1,671
1,827

  
1,671
1,827

Creditors: amounts falling due within one year
 5 
(1)
(24,552)

Net current assets/(liabilities)
  
 
 
1,670
 
 
(22,725)

Total assets less current liabilities
  
47,780
23,385

Creditors: amounts falling due between 2-5 years
  
-
(10,052)

  

Net assets
  
47,780
13,333


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
47,779
13,332

  
47,780
13,333


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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 3 January 2025.



Page 1

 
JED SPORTS LTD
REGISTERED NUMBER: 13859940

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024


James Dinning
Director

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

Page 2

 
JED SPORTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

1.


GENERAL INFORMATION

JED Sports Ltd is a UK company incorporated in England and Wales with a registered number of 13859940 and registered office of 128 City Road, London, EC1V 2NX.

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

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.

 
2.3

BORROWING COSTS

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

 
2.4

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 3

 
JED SPORTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

3.


EMPLOYEES




The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


4.


FIXED ASSET INVESTMENTS








Investments in subsidiary companies

£



COST OR VALUATION


At 1 February 2023
46,110



At 30 April 2024
46,110





5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Period Ended 30 April
31 January
2024
2023
£
£

Bank loans
-
4,382

Other creditors
1
20,170

1
24,552



6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Period Ended 30 April
31 January
2024
2023
£
£

Bank loans
-
10,052

-
10,052


Page 4

 
JED SPORTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

7.


LOANS


Analysis of the maturity of loans is given below:


30 April
31 January
2024
2023
£
£

AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans
-
4,382


-
4,382


AMOUNTS FALLING DUE 2-5 YEARS

Bank loans
-
10,052


-
10,052


-
14,434



8.


SHARE CAPITAL

30 April
31 January
2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2023 - 1) Ordinary share of £1.00
1
1



Page 5