Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31true2023-08-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02117236 2023-08-01 2024-07-31 02117236 2022-08-01 2023-07-31 02117236 2024-07-31 02117236 2023-07-31 02117236 c:Director1 2023-08-01 2024-07-31 02117236 d:FurnitureFittings 2023-08-01 2024-07-31 02117236 d:FurnitureFittings 2024-07-31 02117236 d:FurnitureFittings 2023-07-31 02117236 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 02117236 d:CurrentFinancialInstruments 2024-07-31 02117236 d:CurrentFinancialInstruments 2023-07-31 02117236 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 02117236 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 02117236 d:ShareCapital 2024-07-31 02117236 d:ShareCapital 2023-07-31 02117236 d:RetainedEarningsAccumulatedLosses 2024-07-31 02117236 d:RetainedEarningsAccumulatedLosses 2023-07-31 02117236 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 02117236 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 02117236 c:FRS102 2023-08-01 2024-07-31 02117236 c:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 02117236 c:FullAccounts 2023-08-01 2024-07-31 02117236 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 02117236 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 02117236









JUMBOFLEXI LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
JUMBOFLEXI LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JUMBOFLEXI LIMITED
FOR THE YEAR ENDED 31 JULY 2024

You consider that the Company is exempt from an audit for the year ended 31 July 2024. You have acknowledged, on the Statement of financial position, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the financial statements on pages 8 from the accounting records of the Company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these financial statements.

  



Mesher and Stevens Limited
 
65 Bishops Oak Ride
Tonbridge
Kent
TN10 3NS
20 January 2025
Page 1

 
JUMBOFLEXI LIMITED
REGISTERED NUMBER: 02117236

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
750
245

  
750
245

Current assets
  

Debtors: amounts falling due within one year
 5 
2,312
6,077

Cash at bank and in hand
 6 
31,257
14,763

  
33,569
20,840

Creditors: amounts falling due within one year
 7 
(14,871)
(7,174)

Net current assets
  
 
 
18,698
 
 
13,666

Total assets less current liabilities
  
19,448
13,911

Provisions for liabilities
  

Deferred tax
 8 
(142)
(46)

  
 
 
(142)
 
 
(46)

Net assets
  
19,306
13,865


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
19,304
13,863

  
19,306
13,865


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 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 on
Page 2

 
JUMBOFLEXI LIMITED
REGISTERED NUMBER: 02117236
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

20 January 2025.




Trevor Edwin Burt
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

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

1.


General information

Jumboflexi Limited is a private company limited by shares registered in England, The registered number is 02117236 and the registered office is 24, Gladstone Road, Bath, Somerset BA2 5HL.

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.

Page 4

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

2.Accounting policies (continued)

 
2.3

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting 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 reporting 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 reporting date.


 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%

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.

Page 5

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

2.Accounting policies (continued)

 
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

2024
2023
£
£

Wages and salaries
41,160
41,160

41,160
41,160


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

Page 6

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

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 August 2023
15,079


Additions
754



At 31 July 2024

15,833



Depreciation


At 1 August 2023
14,834


Charge for the year on owned assets
249



At 31 July 2024

15,083



Net book value



At 31 July 2024
750



At 31 July 2023
245


5.


Debtors

2024
2023
£
£


Trade debtors
2,112
5,856

Other debtors
63
63

Prepayments and accrued income
137
158

2,312
6,077



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
31,257
14,763

31,257
14,763


Page 7

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

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
4,934
-

Other taxation and social security
7,873
4,436

Other creditors
907
1,656

Accruals and deferred income
1,157
1,082

14,871
7,174



8.


Deferred taxation




2024


£






At beginning of year
(46)


Charged to profit or loss
(96)



At end of year
(142)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(142)
(46)

(142)
(46)

 
Page 8