Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11159456 2023-05-01 2024-04-30 11159456 2022-05-01 2023-04-30 11159456 2024-04-30 11159456 2023-04-30 11159456 c:Director1 2023-05-01 2024-04-30 11159456 c:Director2 2023-05-01 2024-04-30 11159456 c:RegisteredOffice 2023-05-01 2024-04-30 11159456 d:OfficeEquipment 2023-05-01 2024-04-30 11159456 d:OfficeEquipment 2024-04-30 11159456 d:OfficeEquipment 2023-04-30 11159456 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 11159456 d:CurrentFinancialInstruments 2024-04-30 11159456 d:CurrentFinancialInstruments 2023-04-30 11159456 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11159456 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11159456 d:ShareCapital 2024-04-30 11159456 d:ShareCapital 2023-04-30 11159456 d:RetainedEarningsAccumulatedLosses 2024-04-30 11159456 d:RetainedEarningsAccumulatedLosses 2023-04-30 11159456 c:FRS102 2023-05-01 2024-04-30 11159456 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11159456 c:FullAccounts 2023-05-01 2024-04-30 11159456 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11159456 2 2023-05-01 2024-04-30 11159456 6 2023-05-01 2024-04-30 11159456 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 11159456










J & C PEARCE INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
J & C PEARCE INVESTMENTS LIMITED
 
 
COMPANY INFORMATION


Directors
Mr J J Pearce 
Mrs C Pearce 




Registered number
11159456



Registered office
Mainwood Farm
Kneesall

Newark

Nottinghamshire

NG22 0AH




Accountants
P M & G Limited
Chartered Accountants

Mainwood Farm

Kneesall

Newark

Nottinghamshire

NG22 0AH





 
J & C PEARCE INVESTMENTS LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 7


 
J & C PEARCE INVESTMENTS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF J & C PEARCE INVESTMENTS LIMITED
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J & C Pearce Investments Limited for the year ended 30 April 2024 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of J & C Pearce Investments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of J & C Pearce Investments Limited and state those matters that we have agreed to state to the Board of directors of J & C Pearce Investments Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J & C Pearce Investments Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that J & C Pearce Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J & C Pearce Investments Limited. You consider that J & C Pearce Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of J & C Pearce Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



P M & G Limited
Chartered Accountants
Newark
28 January 2025
Page 1

 
J & C PEARCE INVESTMENTS LIMITED
REGISTERED NUMBER: 11159456

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
759
1,289

Investments
 5 
696,061
623,655

  
696,820
624,944

Current assets
  

Debtors: amounts falling due within one year
 6 
5
5

Cash at bank and in hand
 7 
9,044
9,399

  
9,049
9,404

Creditors: amounts falling due within one year
 8 
(713,323)
(712,069)

Net current liabilities
  
 
 
(704,274)
 
 
(702,665)

Total assets less current liabilities
  
(7,454)
(77,721)

  

Net liabilities
  
(7,454)
(77,721)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(7,554)
(77,821)

  
(7,454)
(77,721)


Page 2

 
J & C PEARCE INVESTMENTS LIMITED
REGISTERED NUMBER: 11159456
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 on 28 January 2025.




Mr J J Pearce
Mrs C Pearce
Director
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
J & C PEARCE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

J & C Pearce Investments Limited is a private company, limited by shares and registered in England and Wales.  The company's registered number and office address are detailed 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

Interest income

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

 
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 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:

Computer equipment
-
25%

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.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

Page 4

 
J & C PEARCE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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 2 (2023 - 2).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 May 2023
2,120



At 30 April 2024

2,120



Depreciation


At 1 May 2023
831


Charge for the year on owned assets
530



At 30 April 2024

1,361



Net book value



At 30 April 2024
759



At 30 April 2023
1,289

Page 5

 
J & C PEARCE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 May 2023
623,655


Additions
4,933


Revaluations
67,473



At 30 April 2024
696,061





6.


Debtors

2024
2023
£
£


Other debtors
5
5

5
5



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
9,044
9,399

9,044
9,399



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
710,863
710,869

Accruals and deferred income
2,460
1,200

713,323
712,069


Page 6

 
J & C PEARCE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Related party transactions

Creditors includes interest free loans due to the directors of £19,133 (2023 - £19,139).

 
Page 7