Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truetrueNo description of principal activity2023-09-20false1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15151205 2023-09-19 15151205 2023-09-20 2024-12-31 15151205 2022-09-20 2023-09-19 15151205 2024-12-31 15151205 c:Director1 2023-09-20 2024-12-31 15151205 d:Goodwill 2023-09-20 2024-12-31 15151205 d:Goodwill 2024-12-31 15151205 d:CurrentFinancialInstruments 2024-12-31 15151205 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15151205 d:ShareCapital 2024-12-31 15151205 d:RetainedEarningsAccumulatedLosses 2024-12-31 15151205 c:OrdinaryShareClass1 2023-09-20 2024-12-31 15151205 c:OrdinaryShareClass1 2024-12-31 15151205 c:FRS102 2023-09-20 2024-12-31 15151205 c:AuditExempt-NoAccountantsReport 2023-09-20 2024-12-31 15151205 c:FullAccounts 2023-09-20 2024-12-31 15151205 c:PrivateLimitedCompanyLtd 2023-09-20 2024-12-31 15151205 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-09-20 2024-12-31 15151205 d:Goodwill d:OwnedIntangibleAssets 2023-09-20 2024-12-31 15151205 e:PoundSterling 2023-09-20 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15151205









JCTA NEWCO LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
JCTA NEWCO LTD
REGISTERED NUMBER: 15151205

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
Note
£

Fixed assets
  

Intangible assets
 4 
202,500

  
202,500

Current assets
  

Debtors: amounts falling due within one year
 5 
43,100

Cash at bank and in hand
 6 
29,807

  
72,907

Creditors: amounts falling due within one year
 7 
(49,088)

Net current assets
  
 
 
23,819

Total assets less current liabilities
  
226,319

  

Net assets
  
226,319


Capital and reserves
  

Called up share capital 
 8 
225,100

Profit and loss account
  
1,219

  
226,319


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 period 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 10 June 2025.




Page 1

 
JCTA NEWCO LTD
REGISTERED NUMBER: 15151205
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

Bruce Leland Jaffe
Director

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

Page 2

 
JCTA NEWCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

JCTA Newco Ltd is a private company, limited by shares, registered in England and Wales,
registration number 15151205. The registered office is Dunn's Hat Factory,106-110 Kentish Town Road,
London NW1 9PX. The company was incorporated on 20 September 2023 and commenced to trade on 1 January 2024. The company's principal activity is professional services.

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

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.


 
2.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the statement of income and retained earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

  
2.4

Revenue

Revenue represents amounts receivable for taxation services, and 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.

Page 3

 
JCTA NEWCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
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 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 period was 1.

Page 4

 
JCTA NEWCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Intangible assets



Goodwill

£



Cost


Additions
225,000



At 31 December 2024

225,000



Amortisation


Charge for the period on owned assets
22,500



At 31 December 2024

22,500



Net book value



At 31 December 2024
202,500




5.


Debtors

2024
£


Amounts owed by parent company
43,100

43,100



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
29,807

29,807


Page 5

 
JCTA NEWCO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
37,405

Other taxation and social security
8,683

Accruals and deferred income
3,000

49,088



8.


Share capital

2024
£
Allotted, called up and fully paid


225,100 Ordinary shares of £1.00 each
225,100


On 20 September 2023, the company issued 100 Ordinary shares of £1 each for cash at par. On 1 January 2024, the company issued 225,000 Ordinary shares of £1 each for non cash consideration. 


9.


Controlling party

The ultimate parent undertaking is JCTA Services Limited and the controlling party is Bruce Leland Jaffe.

 
Page 6