Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-0122truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC271594 2023-04-01 2024-03-31 SC271594 2022-04-01 2023-03-31 SC271594 2024-03-31 SC271594 2023-03-31 SC271594 c:Director1 2023-04-01 2024-03-31 SC271594 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 SC271594 d:Buildings d:LongLeaseholdAssets 2024-03-31 SC271594 d:Buildings d:LongLeaseholdAssets 2023-03-31 SC271594 d:CurrentFinancialInstruments 2024-03-31 SC271594 d:CurrentFinancialInstruments 2023-03-31 SC271594 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC271594 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC271594 d:ShareCapital 2024-03-31 SC271594 d:ShareCapital 2023-03-31 SC271594 d:CapitalRedemptionReserve 2024-03-31 SC271594 d:CapitalRedemptionReserve 2023-03-31 SC271594 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC271594 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC271594 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC271594 c:OrdinaryShareClass1 2024-03-31 SC271594 c:OrdinaryShareClass1 2023-03-31 SC271594 c:FRS102 2023-04-01 2024-03-31 SC271594 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC271594 c:FullAccounts 2023-04-01 2024-03-31 SC271594 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC271594 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC271594














JASON'S WHARF LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
JASON'S WHARF LIMITED
REGISTERED NUMBER:SC271594

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
90,889
107,437

  
90,889
107,437

Current assets
  

Debtors: amounts falling due within one year
 5 
18,091
8,085

Cash at bank
 6 
402
890

  
18,493
8,975

Creditors: amounts falling due within one year
 7 
(11,726)
(10,515)

Net current assets/(liabilities)
  
 
 
6,767
 
 
(1,540)

Total assets less current liabilities
  
97,656
105,897

  

Net assets
  
97,656
105,897


Capital and reserves
  

Called up share capital 
 8 
1,000
1,000

Capital redemption reserve
 9 
140,999
140,999

Profit and loss account
 9 
(44,343)
(36,102)

  
97,656
105,897

Page 1

 
JASON'S WHARF LIMITED
REGISTERED NUMBER:SC271594
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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: 




M H Tillman
Director

Date: 28 February 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
JASON'S WHARF LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Jason's Wharf Limited is a private company, limited by shares, registered in Scotland, registration number SC271594. The registered office address is Chamberlain Mcbain, Ocean House, 108 Commercial Street, Edinburgh, EH6 6NF.
The principal activity of the company is that of a property holding company.

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 Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.

  
2.2

Functional and presentational currency

The company's functional and presentational currency is pound sterling.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from management fees is recognised when it is probable the company will receive the rights to the consideration due.

 
2.4

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.

Depreciation is provided on the following basis:

Long-term leasehold property
-
over the term of the lease

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.

 
2.5

Debtors

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

Page 3

 
JASON'S WHARF LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities 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 enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, other creditors, and loans with related parties.


3.


Employees

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


4.


Tangible fixed assets





 Leasehold property

£



Cost 


At 1 April 2023
245,882



At 31 March 2024

245,882



Depreciation


At 1 April 2023
138,445


Charge for the year
16,548



At 31 March 2024

154,993



Net book value



At 31 March 2024
90,889



At 31 March 2023
107,437

Page 4

 
JASON'S WHARF LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Amounts owed by connected entities
18,030
8,030

Other debtors
61
55

18,091
8,085



6.


Cash

2024
2023
£
£

Cash at bank
402
890



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Other creditors
9,416
9,415

Accruals
2,310
1,100

11,726
10,515


HSBC Bank PLC holds a floating and fixed charge which contains a negative pledge over the assets of the company in respect of all the amounts due from the company.

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000


9.


Capital redemption reserve

The capital redemption reserve is a non-distributable reserve which arises from the purchase of own share capital.

10.


Contingent liabilities

The company has provided a guarantee for a connected entity. At the year end, a balance of £1,963,863 (2023 - £2,016,393) was due.
 
The loan is secured over a leasehold property held by the company and bound by an Unlimited Composite Company Guarantee.
Page 5

 
JASON'S WHARF LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

11.


Controlling party

The company is under the control of M A Winston, a director and a majority shareholder of the company.
Page 6