Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-311false2023-08-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04536699 2023-08-01 2024-07-31 04536699 2022-08-01 2023-07-31 04536699 2024-07-31 04536699 2023-07-31 04536699 c:Director1 2023-08-01 2024-07-31 04536699 d:FurnitureFittings 2023-08-01 2024-07-31 04536699 d:FurnitureFittings 2024-07-31 04536699 d:FurnitureFittings 2023-07-31 04536699 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04536699 d:CurrentFinancialInstruments 2024-07-31 04536699 d:CurrentFinancialInstruments 2023-07-31 04536699 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 04536699 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 04536699 d:ShareCapital 2024-07-31 04536699 d:ShareCapital 2023-07-31 04536699 d:RetainedEarningsAccumulatedLosses 2024-07-31 04536699 d:RetainedEarningsAccumulatedLosses 2023-07-31 04536699 c:OrdinaryShareClass1 2023-08-01 2024-07-31 04536699 c:OrdinaryShareClass1 2024-07-31 04536699 c:FRS102 2023-08-01 2024-07-31 04536699 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04536699 c:FullAccounts 2023-08-01 2024-07-31 04536699 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04536699 2 2023-08-01 2024-07-31 04536699 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04536699














JFR ENTERPRISES LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
JFR ENTERPRISES LIMITED
 

CONTENTS



Page
Balance sheet
 
 
1 - 2
Notes to the financial statements
 
 
3 - 6


 
JFR ENTERPRISES LIMITED
REGISTERED NUMBER:04536699

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,114
1,157

  
2,114
1,157

Current assets
  

Debtors: amounts falling due within one year
 5 
385,750
623,687

Cash at bank and in hand
 6 
1,410,745
310,514

  
1,796,495
934,201

Creditors: amounts falling due within one year
 7 
(744,441)
(778,176)

Net current assets
  
 
 
1,052,054
 
 
156,025

Total assets less current liabilities
  
1,054,168
157,182

Provisions for liabilities
  

Deferred tax
  
(529)
(289)

  
 
 
(529)
 
 
(289)

Net assets
  
1,053,639
156,893


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
1,053,539
156,793

  
1,053,639
156,893


1

 
JFR ENTERPRISES LIMITED
REGISTERED NUMBER:04536699
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The director considers 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 director acknowledges his 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: 




J F Redknapp
Director

Date: 24 January 2025

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

2

 
JFR ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

JFR Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 04536699. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of advertising and promotion

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 Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

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

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'administration expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
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 advertising and promotion activities is recognised when it is probable the company will receive the rights to the consideration due under the contract.

 
2.4

Interest income

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

3

 
JFR ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

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.

 
2.7

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 a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
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.

 
2.8

Cash

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

4

 
JFR ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.9

 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.

 
2.10

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.

 
2.11

  Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


4.


Tangible fixed assets





Fixtures and fittings

£



Cost


At 1 August 2023
9,914


Additions
1,644


Disposals
(7,326)



At 31 July 2024

4,232



Depreciation


At 1 August 2023
8,757


Charge for the year
614


Disposals
(7,253)



At 31 July 2024

2,118



Net book value



At 31 July 2024
2,114



At 31 July 2023
1,157

5

 
JFR ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
46,951
213,019

Other debtors
336,040
372,540

Prepayments and accrued income
2,759
38,128

385,750
623,687



6.


Cash

2024
2023
£
£

Cash at bank and in hand
1,410,745
310,514



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
15,534
45,883

Corporation tax
339,416
167,631

Other taxation and social security
75,227
39,401

Other creditors
313,234
343,475

Accruals and deferred income
1,030
181,786

744,441
778,176



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100

The shares have attached to them full voting, dividend and capital distribution (including on winding up) rights; They do not confer any rights of redemption.


9.


Transactions with the director

As at the year end the company owed £313,209 (2023 - £343,247) to the director. During the year the director advanced £9,180 (2023 - £312,280) to the company. The loan is interest free, unsecured and repayable on demand. 

 
6