Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312025-05-01truetrue2024-01-01falseNo description of principal activity87The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02220508 2024-01-01 2024-12-31 02220508 2023-01-01 2023-12-31 02220508 2024-12-31 02220508 2023-12-31 02220508 2023-01-01 02220508 5 2024-01-01 2024-12-31 02220508 d:Director3 2024-01-01 2024-12-31 02220508 e:Buildings 2024-01-01 2024-12-31 02220508 e:Buildings 2024-12-31 02220508 e:Buildings 2023-12-31 02220508 e:Buildings e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02220508 e:Buildings e:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02220508 e:MotorVehicles 2024-01-01 2024-12-31 02220508 e:MotorVehicles 2024-12-31 02220508 e:MotorVehicles 2023-12-31 02220508 e:MotorVehicles e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02220508 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02220508 e:FurnitureFittings 2024-01-01 2024-12-31 02220508 e:FurnitureFittings 2024-12-31 02220508 e:FurnitureFittings 2023-12-31 02220508 e:FurnitureFittings e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02220508 e:FurnitureFittings e:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02220508 e:OfficeEquipment 2024-01-01 2024-12-31 02220508 e:OfficeEquipment 2024-12-31 02220508 e:OfficeEquipment 2023-12-31 02220508 e:OfficeEquipment e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02220508 e:OfficeEquipment e:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02220508 e:ComputerEquipment 2024-01-01 2024-12-31 02220508 e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02220508 e:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02220508 e:CurrentFinancialInstruments 2024-12-31 02220508 e:CurrentFinancialInstruments 2023-12-31 02220508 e:Non-currentFinancialInstruments 2024-12-31 02220508 e:Non-currentFinancialInstruments 2023-12-31 02220508 e:CurrentFinancialInstruments e:WithinOneYear 2024-12-31 02220508 e:CurrentFinancialInstruments e:WithinOneYear 2023-12-31 02220508 e:Non-currentFinancialInstruments e:AfterOneYear 2024-12-31 02220508 e:Non-currentFinancialInstruments e:AfterOneYear 2023-12-31 02220508 e:Non-currentFinancialInstruments e:BetweenOneTwoYears 2024-12-31 02220508 e:Non-currentFinancialInstruments e:BetweenOneTwoYears 2023-12-31 02220508 e:Non-currentFinancialInstruments e:BetweenTwoFiveYears 2024-12-31 02220508 e:Non-currentFinancialInstruments e:BetweenTwoFiveYears 2023-12-31 02220508 e:ShareCapital 2024-01-01 2024-12-31 02220508 e:ShareCapital 2024-12-31 02220508 e:ShareCapital 2023-12-31 02220508 e:ShareCapital 2023-01-01 02220508 e:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 02220508 e:RetainedEarningsAccumulatedLosses 2024-12-31 02220508 e:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 02220508 e:RetainedEarningsAccumulatedLosses 2023-12-31 02220508 e:RetainedEarningsAccumulatedLosses 2023-01-01 02220508 d:FRS102 2024-01-01 2024-12-31 02220508 d:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02220508 d:FullAccounts 2024-01-01 2024-12-31 02220508 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02220508 e:HirePurchaseContracts e:WithinOneYear 2024-12-31 02220508 e:HirePurchaseContracts e:WithinOneYear 2023-12-31 02220508 e:HirePurchaseContracts e:BetweenOneFiveYears 2024-12-31 02220508 e:HirePurchaseContracts e:BetweenOneFiveYears 2023-12-31 02220508 5 2024-01-01 2024-12-31 02220508 e:AcceleratedTaxDepreciationDeferredTax 2024-12-31 02220508 e:AcceleratedTaxDepreciationDeferredTax 2023-12-31 02220508 e:OtherDeferredTax 2024-12-31 02220508 e:OtherDeferredTax 2023-12-31 02220508 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2024-12-31 02220508 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2023-12-31 02220508 e:LeasedAssetsHeldAsLessee 2024-12-31 02220508 e:LeasedAssetsHeldAsLessee 2023-12-31 02220508 f:PoundSterling 2024-01-01 2024-12-31 02220508 e:RetainedEarningsAccumulatedLosses 5 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 02220508









JANSER UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
JANSER UK LIMITED
REGISTERED NUMBER: 02220508

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
921,237
383,947

  
921,237
383,947

Current assets
  

Stocks
 5 
588,880
577,099

Debtors: amounts falling due within one year
 6 
315,329
324,476

Cash at bank and in hand
 7 
281,848
115,957

  
1,186,057
1,017,532

Creditors: amounts falling due within one year
 8 
(490,651)
(323,342)

Net current assets
  
 
 
695,406
 
 
694,190

Total assets less current liabilities
  
1,616,643
1,078,137

Creditors: amounts falling due after more than one year
 9 
(43,436)
(72,459)

Provisions for liabilities
  

Deferred tax
 12 
(46,165)
(2,750)

  
 
 
(46,165)
 
 
(2,750)

Net assets
  
1,527,042
1,002,928


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
1,517,042
992,928

  
1,527,042
1,002,928


Page 1

 
JANSER UK LIMITED
REGISTERED NUMBER: 02220508
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 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: 



C J Kane
Director

Date: 1 May 2025

The notes on pages 4 to 13 form part of these financial statements.

Page 2

 
JANSER UK LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
10,000
969,444
979,444


Comprehensive income for the year

Profit for the year
-
23,484
23,484



At 1 January 2024
10,000
992,928
1,002,928


Comprehensive income for the year

Profit for the year

-
20,457
20,457

Surplus on revaluation of freehold property
-
508,353
508,353


Other comprehensive income for the year
-
508,353
508,353


Total comprehensive income for the year
-
528,810
528,810


Contributions by and distributions to owners

Dividends: Equity capital
-
(4,696)
(4,696)


At 31 December 2024
10,000
1,517,042
1,527,042


The notes on pages 4 to 13 form part of these financial statements.

Page 3

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Janser UK Limited is a limited liability company incorporated and domiciled in the United Kingdom.
The address of its registered office is:
Waterfront One
Waterfront Business Park
Brierley Hill
West Midlands
DY5 1LX
The financial statements are prepared for the year ended 31 December 2024 (2023: year ended 31 December 2023). 

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

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

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 period 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 resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Turnover

Turnover 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. 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 revenue 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 revenue 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.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Finance leases and hire purchase agreements

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.6

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.

 
2.7

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.

Page 5

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

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 balance sheet date in the countries where the company operates and generates income.


Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.
Deferred tax assets are only recognised to the extent that it it probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. 

 
2.9

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.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Land is not depreciated. Depreciation on other assets 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:

Freehold buildings
-
2%
Motor vehicles
-
25%
Fixtures and fittings
-
15%
Office equipment
-
15%
Computer equipment
-
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.

Page 6

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.10

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.11

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 first in, first out 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.

 
2.12

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.

 
2.13

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.

 
2.14

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 7

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

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 8 (2023 - 7).

Page 8

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


TANGIBLE FIXED ASSETS





Freehold property
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2024
430,987
112,946
47,411
32,293
623,637


Additions
-
-
2,465
-
2,465


Revaluations
419,013
-
-
-
419,013



At 31 December 2024

850,000
112,946
49,876
32,293
1,045,115



Depreciation


At 1 January 2024
128,029
34,951
45,229
31,481
239,690


Charge for the year on owned assets
5,911
-
1,796
166
7,873


Charge for the year on financed assets
-
10,255
-
-
10,255


On revalued assets
(133,940)
-
-
-
(133,940)



At 31 December 2024

-
45,206
47,025
31,647
123,878



Net book value



At 31 December 2024
850,000
67,740
2,851
646
921,237



At 31 December 2023
302,958
77,995
2,182
812
383,947

Page 9

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

           4.TANGIBLE FIXED ASSETS (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
67,740
77,724

67,740
77,724

Cost or valuation at 31 December 2024 is as follows:

Land and buildings
£


At cost
430,987
At valuation:

Directors valuation dated 31 December 2024
419,013



850,000

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

2024
2023
£
£



Cost
430,987
430,987

Accumulated depreciation
(133,940)
(128,029)

Net book value
297,047
302,958

The freeehold property has been revalued based on a directors valuation based on discussion from advisers. The valuation adjustment amounts to £419,013 with an associated deferred tax charge amounting to £44,600, giving a net value of £374,413. This value is unrealised and is thus not part of distributable reserves.


5.


Stocks

2024
2023
£
£

Goods for resale
588,880
577,099

588,880
577,099


Page 10

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
304,367
316,038

Other debtors
-
2,200

Prepayments and accrued income
10,962
6,238

315,329
324,476



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
281,848
115,957

281,848
115,957



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
222,474
90,532

Corporation tax
7,200
400

Other taxation and social security
48,352
48,565

Obligations under finance lease and hire purchase contracts
18,949
13,830

Other creditors
87,185
66,332

Accruals and deferred income
96,491
93,683

490,651
323,342


Page 11

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
5,833
15,833

Net obligations under finance leases and hire purchase contracts
37,603
56,626

43,436
72,459


Hire purchase obligations £56,552 (2023: £70,456) are secured against the assets financed.
The bank loan is guaranteed by the UK Government, bears interest at 2.5% per annum.


10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Amounts falling due within one year
10,000
10,000

Amounts falling due 1-2 years
5,833
10,000

Amounts falling due 2-5 years
-
5,833

15,833
25,833



11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
18,949
13,830

Between 1-5 years
37,603
56,626

56,552
70,456

Page 12

 
JANSER UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

12.


Deferred taxation




2024


£






At beginning of year
(2,750)


Charged to the profit or loss
1,185


Charged to other comprehensive income
(44,600)



At end of year
(46,165)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(1,565)
(2,750)

Provision on revalued assets
(44,600)
-

(46,165)
(2,750)


13.


Reserves

Profit and loss account

The profit and loss account consists of:
Accumulated realised profits less accumulated losses, net of any dividends paid £1,142,629
Other comprehensive income relating to property cost revaluation less associated tax £374,413
Total profit and loss account £1,517,042  


14.


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 £7,853 (2023 £5,651). Contributions totalling £351 (2023: £Nil) were payable to the fund at the balance sheet date.

Page 13