Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30Consultancy services2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-09-08falsetruefalse 15125364 2023-09-07 15125364 2023-09-08 2024-09-30 15125364 2022-09-08 2023-09-07 15125364 2024-09-30 15125364 c:Director1 2023-09-08 2024-09-30 15125364 d:CurrentFinancialInstruments 2024-09-30 15125364 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15125364 d:ShareCapital 2024-09-30 15125364 d:RetainedEarningsAccumulatedLosses 2024-09-30 15125364 c:FRS102 2023-09-08 2024-09-30 15125364 c:AuditExempt-NoAccountantsReport 2023-09-08 2024-09-30 15125364 c:FullAccounts 2023-09-08 2024-09-30 15125364 c:PrivateLimitedCompanyLtd 2023-09-08 2024-09-30 15125364 e:PoundSterling 2023-09-08 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 15125364










JONES INTERNATIONAL EQUIPMENT LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
JONES INTERNATIONAL EQUIPMENT LTD
REGISTERED NUMBER: 15125364

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
11,178

Cash at bank and in hand
 5 
89,508

  
100,686

Creditors: amounts falling due within one year
 6 
(26,268)

Net current assets
  
 
 
74,418

Total assets less current liabilities
  
74,418

  

Net assets
  
74,418


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
74,318

  
74,418


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 period 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 by: 




Dean Jones
Director
Date: 10 February 2025

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
JONES INTERNATIONAL EQUIPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Jones International Equipment Ltd is a private company limited by shares and registered in England and Wales (15125364). The registered address is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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

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

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.

 
2.4

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.


Page 2

 
JONES INTERNATIONAL EQUIPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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.

 
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.

 
2.8

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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Page 3

 
JONES INTERNATIONAL EQUIPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average number of employees, including directors, during the period was 2.


4.


Debtors

2024
£


Trade debtors
10,650

Other debtors
378

Prepayments and accrued income
150

11,178



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
89,508

89,508


Page 4

 
JONES INTERNATIONAL EQUIPMENT LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
451

Corporation tax
21,934

Other taxation and social security
23

Other creditors
2,360

Accruals and deferred income
1,500

26,268



7.


Related party transactions

Included in other creditors due within one year is a loan due to the director of the company to the value of £2,360. This amount is interest free and repayable on demand.

 
Page 5