Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14019018 2023-05-01 2024-04-30 14019018 2022-04-01 2023-04-30 14019018 2024-04-30 14019018 2023-04-30 14019018 c:Director1 2023-05-01 2024-04-30 14019018 d:FreeholdInvestmentProperty 2023-05-01 2024-04-30 14019018 d:FreeholdInvestmentProperty 2024-04-30 14019018 d:FreeholdInvestmentProperty 2 2023-05-01 2024-04-30 14019018 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14019018 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 14019018 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 14019018 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 14019018 d:ShareCapital 2024-04-30 14019018 d:ShareCapital 2023-04-30 14019018 d:RetainedEarningsAccumulatedLosses 2024-04-30 14019018 d:RetainedEarningsAccumulatedLosses 2023-04-30 14019018 c:OrdinaryShareClass1 2023-05-01 2024-04-30 14019018 c:OrdinaryShareClass1 2024-04-30 14019018 c:OrdinaryShareClass1 2023-04-30 14019018 c:FRS102 2023-05-01 2024-04-30 14019018 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14019018 c:AbridgedAccounts 2023-05-01 2024-04-30 14019018 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14019018 f:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14019018









JD PROPERTIES (WYBOSTON) LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
JD PROPERTIES (WYBOSTON) LTD
REGISTERED NUMBER: 14019018

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
155,000
150,420

  
155,000
150,420

Current assets
  

Cash at bank and in hand
  
409
458

  
409
458

Creditors: amounts falling due within one year
  
(46,574)
(46,039)

Net current liabilities
  
 
 
(46,165)
 
 
(45,581)

Total assets less current liabilities
  
108,835
104,839

Creditors: amounts falling due after more than one year
  
(108,245)
(108,245)

Provisions for liabilities
  
(870)
-

Net liabilities
  
(280)
(3,406)

Page 1

 
JD PROPERTIES (WYBOSTON) LTD
REGISTERED NUMBER: 14019018
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
 5 
100
100

Profit and loss account
  
(380)
(3,506)

  
(280)
(3,406)


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 profit and loss account 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 24 January 2025.




M. A. James
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
JD PROPERTIES (WYBOSTON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

JD Properties (Wyboston) Ltd is a private company, limited by shares, registered in England and Wales,
registration number 14019018. The registered office is Unit 6 Wheatley Business Centre, Wheatley, Oxford, England, OX33 1XW and principal place of business is Suite 4, Wyboston Lakes Hotel, Wyboston, MK44 3BA.
The principal activity of the company in the year under review was that of letting and operating of own or
leased real estate.

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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.

 
2.4

Borrowing costs

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

Page 3

 
JD PROPERTIES (WYBOSTON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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 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.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

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.

 
2.8

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.

Page 4

 
JD PROPERTIES (WYBOSTON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Employees




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

Page 5

 
JD PROPERTIES (WYBOSTON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
150,420


Surplus on revaluation
4,580



At 30 April 2024
155,000

The 2024 valuations were made by the directors of the company, on an open market value for existing use basis.



At 30 April 2024



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
150,420
150,420

Accumulated depreciation and impairments
(6,016)
(3,008)

144,404
147,412


5.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



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


 
Page 6