Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31falsetrue2023-05-01falseNo description of principal activity1114trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 6777498 2023-05-01 2024-10-31 6777498 2022-05-01 2023-04-30 6777498 2024-10-31 6777498 2023-04-30 6777498 c:Director2 2023-05-01 2024-10-31 6777498 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-10-31 6777498 d:Buildings d:LongLeaseholdAssets 2024-10-31 6777498 d:Buildings d:LongLeaseholdAssets 2023-04-30 6777498 d:MotorVehicles 2023-05-01 2024-10-31 6777498 d:MotorVehicles 2024-10-31 6777498 d:MotorVehicles 2023-04-30 6777498 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-10-31 6777498 d:FurnitureFittings 2023-05-01 2024-10-31 6777498 d:FurnitureFittings 2024-10-31 6777498 d:FurnitureFittings 2023-04-30 6777498 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-10-31 6777498 d:OfficeEquipment 2023-05-01 2024-10-31 6777498 d:OfficeEquipment 2024-10-31 6777498 d:OfficeEquipment 2023-04-30 6777498 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-10-31 6777498 d:OwnedOrFreeholdAssets 2023-05-01 2024-10-31 6777498 d:CurrentFinancialInstruments 2024-10-31 6777498 d:CurrentFinancialInstruments 2023-04-30 6777498 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 6777498 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 6777498 d:ShareCapital 2024-10-31 6777498 d:ShareCapital 2023-04-30 6777498 d:RetainedEarningsAccumulatedLosses 2024-10-31 6777498 d:RetainedEarningsAccumulatedLosses 2023-04-30 6777498 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-10-31 6777498 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-04-30 6777498 c:OrdinaryShareClass1 2023-05-01 2024-10-31 6777498 c:OrdinaryShareClass1 2024-10-31 6777498 c:OrdinaryShareClass1 2023-04-30 6777498 c:EntityNoLongerTradingButTradedInPast 2023-05-01 2024-10-31 6777498 c:FRS102 2023-05-01 2024-10-31 6777498 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-10-31 6777498 c:FullAccounts 2023-05-01 2024-10-31 6777498 c:PrivateLimitedCompanyLtd 2023-05-01 2024-10-31 6777498 2 2023-05-01 2024-10-31 6777498 e:PoundSterling 2023-05-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 6777498










JS PLAYCENTRES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2024



 
JS PLAYCENTRES LIMITED
REGISTERED NUMBER: 6777498

BALANCE SHEET
AS AT 31 OCTOBER 2024

31 October
30 April
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,047
13,154

Current assets
  

Stocks
 5 
-
2,500

Debtors: amounts falling due within one year
 6 
629
52,847

Cash at bank and in hand
 7 
6,701
109,341

  
7,330
164,688

Creditors: amounts falling due within one year
 8 
(296,648)
(461,668)

Net current liabilities
  
 
 
(289,318)
 
 
(296,980)

Total assets less current liabilities
  
(288,271)
(283,826)

  

Net liabilities
  
(288,271)
(283,826)


Capital and reserves
  

Called up share capital 
 11 
101
101

Profit and loss account
  
(288,372)
(283,927)

  
(288,271)
(283,826)


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 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 by: 


H E Valentine
Director

Date: 27 February 2025

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
JS PLAYCENTRES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.ACCOUNTING POLICIES

 
1.1

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

GOING CONCERN

The Company ceased trading on 8 July 2024. The financial statements have been prepared on a basis other than that of a going concern and therefore assets have been written down to net realisable value. No provisions for the future costs of terminating the business have been made other than those relating to costs committed to as at the period end.
The financial statements are insolvent as a result of loan amounts owed to the directors. The directors have confirmed that they have no intention of calling in the loan balances and the directors intend to keep the company active until potential future consideration for the disposal of the Company assets and goodwill is realised.

 
1.3

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. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover 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 turnover 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.

Page 2

 
JS PLAYCENTRES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.ACCOUNTING POLICIES (CONTINUED)

 
1.4

INTEREST INCOME

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

 
1.5

PENSIONS

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.6

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.

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.


Page 3

 
JS PLAYCENTRES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.ACCOUNTING POLICIES (CONTINUED)

 
1.7

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, on the following bases:.


L/Term Leasehold Property
-
20%
straight line
Motor vehicles
-
25%
reducing balance
Equipment, fixtures & fittings
-
25%
reducing balance
Office equipment
-
25%
reducing balance

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.

 
1.8

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
1.9

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.

 
1.10

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.

 
1.11

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

 
JS PLAYCENTRES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

2.


GENERAL INFORMATION

JS Playcentres Limited is a limited company incorporated in England and Wales. The Company’s registered office address is The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent, TN3 8AD.


3.


EMPLOYEES




The average monthly number of employees, including directors, during the period was 11 (2023 - 14).


4.


TANGIBLE FIXED ASSETS







L/Term Leasehold Property
Motor vehicles
Equipment, fixtures & fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2023
51,832
6,550
144,346
-
202,728


Additions
-
-
7,415
872
8,287


Disposals
(51,832)
-
(151,761)
-
(203,593)



At 31 October 2024

-
6,550
-
872
7,422



Depreciation


At 1 May 2023
51,832
6,089
131,653
-
189,574


Charge for the period on owned assets
-
173
-
113
286


Disposals
(51,832)
-
(131,653)
-
(183,485)



At 31 October 2024

-
6,262
-
113
6,375



Net book value



At 31 October 2024
-
288
-
759
1,047



At 30 April 2023
-
461
12,693
-
13,154

Page 5

 
JS PLAYCENTRES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

5.


STOCKS

31 October
30 April
2024
2023
£
£

Raw materials and consumables
-
2,500



6.


DEBTORS

31 October
30 April
2024
2023
£
£


Other debtors
629
52,847



7.


CASH AND CASH EQUIVALENTS

31 October
30 April
2024
2023
£
£

Cash at bank and in hand
6,701
109,341



8.


CREDITORS: Amounts falling due within one year

31 October
30 April
2024
2023
£
£

Trade creditors
-
56,517

Taxation and social security
14
15,168

Directors' loan account
294,984
387,204

Other creditors
1,650
2,779

296,648
461,668


Page 6

 
JS PLAYCENTRES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

9.


FINANCIAL INSTRUMENTS

31 October
30 April
2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
6,701
109,341




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


10.


DEFERRED TAXATION


A deferred tax asset has not been recognised in respect of taxable losses carried forward of £287,153 (2023 - £289,044) as it is not anticipated that there will be suitable taxable profits in the immediate future.


11.


SHARE CAPITAL

31 October
30 April
2024
2023
£
£
Allotted, called up and fully paid



101 (2023 - 101) Ordinary shares of £1.00 each
101
101



12.


PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,968 (2023 - £2,879). There were contributions payable to the fund at the balance sheet date of £Nil (2023 - £779).


Page 7