Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312143692No description of principal activity22023-08-01falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08840951 2023-08-01 2024-07-31 08840951 2022-08-01 2023-07-31 08840951 2024-07-31 08840951 2023-07-31 08840951 c:Director2 2023-08-01 2024-07-31 08840951 d:FreeholdInvestmentProperty 2023-08-01 2024-07-31 08840951 d:FreeholdInvestmentProperty 2024-07-31 08840951 d:FreeholdInvestmentProperty 2023-07-31 08840951 d:CurrentFinancialInstruments 2024-07-31 08840951 d:CurrentFinancialInstruments 2023-07-31 08840951 d:Non-currentFinancialInstruments 2024-07-31 08840951 d:Non-currentFinancialInstruments 2023-07-31 08840951 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 08840951 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 08840951 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 08840951 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 08840951 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-07-31 08840951 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-07-31 08840951 d:ShareCapital 2024-07-31 08840951 d:ShareCapital 2023-07-31 08840951 d:RetainedEarningsAccumulatedLosses 2024-07-31 08840951 d:RetainedEarningsAccumulatedLosses 2023-07-31 08840951 c:FRS102 2023-08-01 2024-07-31 08840951 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08840951 c:FullAccounts 2023-08-01 2024-07-31 08840951 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08840951 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 08840951










JELLY CONSULTANCY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
JELLY CONSULTANCY LIMITED
REGISTERED NUMBER: 08840951

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
732,915
342,482

  
732,915
342,482

Current assets
  

Bank and cash balances
  
3,409
14,405

  
3,409
14,405

Creditors: amounts falling due within one year
 5 
(3,426)
(2,895)

Net current (liabilities)/assets
  
 
 
(17)
 
 
11,510

Total assets less current liabilities
  
732,898
353,992

Creditors: amounts falling due after more than one year
 6 
(717,624)
(343,924)

  

Net assets
  
15,274
10,068


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
15,272
10,066

  
15,274
10,068


Page 1

 
JELLY CONSULTANCY LIMITED
REGISTERED NUMBER: 08840951
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by: 




................................................
Mr A Kariya
Director

Date: 29 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

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

1.


General information

Jelly Consultancy Limited (“the Company”) is a private company limited by shares, incorporated in England and Wales under the Companies Act. 
The registered number and address of the registered office are given in the Company information.
The functional and presentational currency of the Company is pounds sterling (£) and rounded to the nearest whole 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

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

2.Accounting policies (continued)

 
2.5

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.


 
2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

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.

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Page 4

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

2.Accounting policies (continued)


2.9
Financial instruments (continued)

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

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





Page 5

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

4.


Investment property


Freehold investment property

£



Fair value


At 1 August 2023
342,482


Additions at cost
390,433



At 31 July 2024
732,915

The 2024 valuations were made by the directors, on an open market value for existing use basis.







5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,718
1,336

Accruals and deferred income
1,708
1,559

3,426
2,895



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
503,255
240,775

Other creditors
214,369
103,149

717,624
343,924


The bank loans of £503,255 (2023: £240,775) falling due after more than one year are secured by the Company. 

Page 6

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

7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due after more than 5 years

Bank loans
503,255
240,775

503,255
240,775



8.


Related party transactions

Included within other creditors is a balance owed to a director totalling £107,552 (2023: £53,575). 
Also, included within other creditors is a balance owed to another director totalling £106,817 (2023: £49,574).
These balances are unsecured, interest free and repayable on demand.

 
Page 7