Caseware UK (AP4) 2023.0.135 2023.0.135 2025-02-282025-02-2811true2024-03-01falsefalseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14643799 2024-03-01 2025-02-28 14643799 2023-02-06 2024-02-29 14643799 2025-02-28 14643799 2024-02-29 14643799 c:Director1 2024-03-01 2025-02-28 14643799 d:OfficeEquipment 2024-03-01 2025-02-28 14643799 d:OfficeEquipment 2025-02-28 14643799 d:OfficeEquipment 2024-02-29 14643799 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 14643799 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 14643799 d:CurrentFinancialInstruments 2025-02-28 14643799 d:CurrentFinancialInstruments 2024-02-29 14643799 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 14643799 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 14643799 d:ShareCapital 2025-02-28 14643799 d:ShareCapital 2024-02-29 14643799 d:RetainedEarningsAccumulatedLosses 2025-02-28 14643799 d:RetainedEarningsAccumulatedLosses 2024-02-29 14643799 c:OrdinaryShareClass1 2024-03-01 2025-02-28 14643799 c:OrdinaryShareClass1 2025-02-28 14643799 c:OrdinaryShareClass1 2024-02-29 14643799 c:FRS102 2024-03-01 2025-02-28 14643799 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 14643799 c:FullAccounts 2024-03-01 2025-02-28 14643799 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 14643799 e:PoundSterling 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14643799










JONNY NICHOLLS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
JONNY NICHOLLS LTD
REGISTERED NUMBER: 14643799

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
533

  
-
533

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1,730

Cash at bank and in hand
 6 
-
106,033

  
1
107,763

Creditors: amounts falling due within one year
 7 
-
(62,382)

Net current assets
  
 
 
1
 
 
45,381

Total assets less current liabilities
  
1
45,914

  

Net assets
  
1
45,914


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
-
45,913

  
1
45,914


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 statement of comprehensive income 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 12 March 2025.


Page 1

 
JONNY NICHOLLS LTD
REGISTERED NUMBER: 14643799
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025



Dr J Nicholls
Director

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

Page 2

 
JONNY NICHOLLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


General information

Jonny Nicholls Ltd is a private company limited by shares which was incorporated in England and Wales. The company's registered address is 177 La Salle, Chadwick Street, Hunslet, Leeds, LS10 1NW.
The financial statements are presented in Pounds Sterling and rounded to the nearest pound.

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

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 3

 
JONNY NICHOLLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
3 year straight line

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. 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

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 directors, during the year was 1 (2024 - 1).

Page 4

 
JONNY NICHOLLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


Tangible fixed assets







Office equipment

£





At 1 March 2024
800


Additions
2,177


Disposals
(2,977)



At 28 February 2025

-





At 1 March 2024
267


Charge for the year on owned assets
992


Charge for the year on financed assets
(1,259)



At 28 February 2025

-



Net book value



At 28 February 2025
-


5.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
-
1,730

Other debtors
1
-

1
1,730



6.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
-
106,033

-
106,033


Page 5

 
JONNY NICHOLLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

7.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Corporation tax
-
38,902

Other creditors
-
22,480

Accruals and deferred income
-
1,000

-
62,382



8.


Share capital

28 February
29 February
2025
2024
£
£
Allotted, called up and fully paid



1 (2024 - 1) Ordinary share of £1.00
1
1



9.


Controlling party

The ultimate controlling party is Dr J Nicholls by virtue of his 100% shareholding

 
Page 6