Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30true2023-07-01falseNo description of principal activity65trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10374927 2023-07-01 2024-06-30 10374927 2022-07-01 2023-06-30 10374927 2024-06-30 10374927 2023-06-30 10374927 2022-07-01 10374927 c:Director1 2023-07-01 2024-06-30 10374927 d:FurnitureFittings 2023-07-01 2024-06-30 10374927 d:FurnitureFittings 2024-06-30 10374927 d:FurnitureFittings 2023-06-30 10374927 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10374927 d:OfficeEquipment 2023-07-01 2024-06-30 10374927 d:OfficeEquipment 2024-06-30 10374927 d:OfficeEquipment 2023-06-30 10374927 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10374927 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10374927 d:Goodwill 2023-07-01 2024-06-30 10374927 d:Goodwill 2024-06-30 10374927 d:Goodwill 2023-06-30 10374927 d:CurrentFinancialInstruments 2024-06-30 10374927 d:CurrentFinancialInstruments 2023-06-30 10374927 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10374927 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10374927 d:ShareCapital 2024-06-30 10374927 d:ShareCapital 2023-06-30 10374927 d:RetainedEarningsAccumulatedLosses 2024-06-30 10374927 d:RetainedEarningsAccumulatedLosses 2023-06-30 10374927 c:OrdinaryShareClass1 2023-07-01 2024-06-30 10374927 c:OrdinaryShareClass1 2024-06-30 10374927 c:OrdinaryShareClass1 2023-06-30 10374927 c:FRS102 2023-07-01 2024-06-30 10374927 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10374927 c:FullAccounts 2023-07-01 2024-06-30 10374927 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10374927 d:WithinOneYear 2024-06-30 10374927 d:WithinOneYear 2023-06-30 10374927 d:BetweenOneFiveYears 2024-06-30 10374927 d:BetweenOneFiveYears 2023-06-30 10374927 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 10374927 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 10374927 2 2023-07-01 2024-06-30 10374927 7 2023-07-01 2024-06-30 10374927 d:Goodwill d:OwnedIntangibleAssets 2023-07-01 2024-06-30 10374927 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 10374927














J E LETTINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
J E LETTINGS LIMITED
REGISTERED NUMBER: 10374927

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note

FIXED ASSETS
  

Intangible assets
 4 
53,315
57,668

Tangible assets
 5 
5,094
6,129

  
58,409
63,797

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
107,597
20,500

Cash at bank and in hand
 7 
96,601
128,234

  
204,198
148,734

Creditors: amounts falling due within one year
 8 
(60,452)
(56,241)

NET CURRENT ASSETS
  
 
 
143,746
 
 
92,493

TOTAL ASSETS LESS CURRENT LIABILITIES
  
202,155
156,290

PROVISIONS FOR LIABILITIES
  

Deferred tax
 9 
(824)
(992)

NET ASSETS
  
£201,331
£155,298


CAPITAL AND RESERVES
  

Called up share capital 
 10 
100
100

Profit and loss account
  
201,231
155,198

  
£201,331
£155,298


Page 1

 
J E LETTINGS LIMITED
REGISTERED NUMBER: 10374927

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 on 12 June 2025.




___________________________
Mr J Jenkinson
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

J E Lettings Limited is a private, limited company by shares, incorporated in England and Wales. The company registration number is 10374927.
The registered office address is Henwood House, Henwood, Ashford, Kent, TN24 8DH. The principal place of business is 6 West Street, Deal, Kent, CT14 6AE.

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

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

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

Page 3

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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 balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.


Page 4

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

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.

 The estimated useful lives range as follows:

Goodwill
-
20
years

 
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.

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:

Fixtures and fittings
-
15%
Office equipment
-
20%

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.

 
2.10

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

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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.

 
2.13

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

 
2.14

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 5).

Page 6

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Intangible assets




Goodwill



Cost


At 1 July 2023
87,050



At 30 June 2024

87,050



Amortisation


At 1 July 2023
29,382


Charge for the year on owned assets
4,353



At 30 June 2024

33,735



Net book value



At 30 June 2024
£53,315



At 30 June 2023
£57,668




5.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total



Cost or valuation


At 1 July 2023
6,545
266
6,811



At 30 June 2024

6,545
266
6,811



Depreciation


At 1 July 2023
655
27
682


Charge for the year on owned assets
982
53
1,035



At 30 June 2024

1,637
80
1,717



Net book value



At 30 June 2024
£4,908
£186
£5,094



At 30 June 2023
£5,890
£239
£6,129

Page 7

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors

2024
2023


Other debtors
£107,597
£20,500



7.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
96,601
128,234

Less: bank overdrafts
(1,162)
-

£95,439
£128,234



8.


Creditors: Amounts falling due within one year

2024
2023

Bank overdrafts
1,162
-

Corporation tax
16,778
8,557

Other taxation and social security
5,947
6,333

Other creditors
34,314
35,062

Accruals and deferred income
2,251
6,289

£60,452
£56,241



9.


Deferred taxation




2024
2023





At beginning of year
992
-


Charged to profit or loss
(168)
992



At end of year
£(824)
£(992)

The provision for deferred taxation is made up as follows:

2024
2023


Accelerated capital allowances
£824
£992


10.


Share capital

2024
2023
Allotted, called up and fully paid



Page 8

 
J E LETTINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.Share capital (continued)

100 (2023 - 100) Ordinary shares of £1.00 each
£100
£100



11.


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 £10,887 (2023 - £1,022). Contributions totalling £93 (2023 - £222) were payable to the fund at the balance sheet date and are included in creditors.


12.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023


Not later than 1 year
12,000
12,000

Later than 1 year and not later than 5 years
1,000
13,000

£13,000
£25,000

Page 9