Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-27 2024-09-27 3885224 3797210 2023-09-28 false Activities of head offices 0 0 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06383115 2023-09-28 2024-09-27 06383115 2022-09-28 2023-09-27 06383115 2024-09-27 06383115 2023-09-27 06383115 c:Director1 2023-09-28 2024-09-27 06383115 d:LeaseholdInvestmentProperty 2023-09-28 2024-09-27 06383115 d:LeaseholdInvestmentProperty 2024-09-27 06383115 d:LeaseholdInvestmentProperty 2023-09-27 06383115 d:CurrentFinancialInstruments 2024-09-27 06383115 d:CurrentFinancialInstruments 2023-09-27 06383115 d:Non-currentFinancialInstruments 2024-09-27 06383115 d:Non-currentFinancialInstruments 2023-09-27 06383115 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-27 06383115 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-27 06383115 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-27 06383115 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-27 06383115 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-27 06383115 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-27 06383115 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-27 06383115 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-27 06383115 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-27 06383115 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-27 06383115 d:ShareCapital 2024-09-27 06383115 d:ShareCapital 2023-09-27 06383115 d:RevaluationReserve 2023-09-28 2024-09-27 06383115 d:RevaluationReserve 2024-09-27 06383115 d:RevaluationReserve 2023-09-27 06383115 d:RetainedEarningsAccumulatedLosses 2024-09-27 06383115 d:RetainedEarningsAccumulatedLosses 2023-09-27 06383115 c:FRS102 2023-09-28 2024-09-27 06383115 c:AuditExempt-NoAccountantsReport 2023-09-28 2024-09-27 06383115 c:FullAccounts 2023-09-28 2024-09-27 06383115 c:PrivateLimitedCompanyLtd 2023-09-28 2024-09-27 06383115 d:Right-of-useInvestmentProperty 2023-09-28 2024-09-27 06383115 d:Right-of-useInvestmentProperty 2024-09-27 06383115 d:Right-of-useInvestmentProperty 2023-09-27 06383115 e:PoundSterling 2023-09-28 2024-09-27 iso4217:GBP xbrli:pure

Registered number: 06383115 JRT HOLDINGS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 27 SEPTEMBER 2024
JRT HOLDINGS LIMITED REGISTERED NUMBER: 06383115 BALANCE SHEET AS AT 27 SEPTEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 5 |  | 1,942,612 |  | 1,898,605
|  |  | 1,942,612 |  | 1,898,605
Current assets |  |  |  |  |
Cash at bank and in hand | 6 | 11,536 |  | 18,832 |
|  | 11,536 |  | 18,832 |
Creditors: amounts falling due within one year | 7 | (817,669) |  | (832,548) |
Net current liabilities |  |  | (806,133) |  | (813,716)
Total assets less current liabilities |  |  | 1,136,479 |  | 1,084,889
Creditors: amounts falling due after more than one year | 8 |  | (974,107) |  | (970,873)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (12,578) |  | (12,578) |
|  |  | (12,578) |  | (12,578)
Net assets |  |  | 149,794 |  | 101,438
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 10,530 |  | 10,530
Revaluation reserve | 10 |  | 342,316 |  | 342,316
Profit and loss account | 10 |  | (203,052) |  | (251,408)
|  |  | 149,794 |  | 101,438
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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. Page 1
JRT HOLDINGS LIMITED REGISTERED NUMBER: 06383115 BALANCE SHEET (CONTINUED) AS AT 27 SEPTEMBER 2024 The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 June 2025.
Andrew John Raymond
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024
1. | General information
JRT Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 06383115 and registered office is New Forest House, Ystradowen, Cowbridge, Vale Of Glamorgan, Wales, CF71 7SZ. The presentation currency of the financial statements is the Pound Stering (£). Monetary amounts in these financial statements are rounded to the nearest £. 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 company has net assets at the balance sheet date. However the company has net current liabilities as at 27 September 2024. At the date of signing the financial statements, the directors have made appropriate enquiries and examined those areas which could give rise to financial exposure, in assessing the appropriateness of the going concern basis in prearing the financial statements. The company is reliant on the support of its directors to continue to provide funding to the company and not to call for repayment of Directors' current account balances if it would adversely affect the ability of the company to continue as a going concern for the forseeable future. However the directors consider it apropriate to prepare the financial statements on a going concern basis. 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: Rental income Revenue is recognised in the period to which it relates.
| 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. Page 3
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024 2.Accounting policies (continued)
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.5 | 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.
| 2.6 | Investment property
Investment property is carried at fair value determined annually by external valuers 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. Page 4
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024 2.Accounting policies (continued)
| 2.9 | 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. | Judgements in applying accounting policies and key sources of estimation uncertainty
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods. Provisions and contingencies Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.
4. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).
Page 5
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024
5. | Investment property
|  | Long term leasehold investment property | Property improve-ments | Total
|  | £ | £ | £
| Valuation |  |  |
| At 28 September 2023 | 1,850,000 | 48,605 | 1,898,605
| Additions at cost | - | 44,007 | 44,007
| At 27 September 2024 | 1,850,000 | 92,612 | 1,942,612
The company's long leasehold property was valued by the directors as at 27 September 2024 at open market value, with reference to a valuation undertaken by Lambert Smith Hampton, independent qualified chartered surveyors in January 2022.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Historic cost | 1,505,347 | 1,505,347
| Valuation | 344,653 | 344,653
|  | 1,850,000 | 1,850,000
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 11,536 | 18,832
|  | 11,536 | 18,832
Page 6
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 22,783 | 22,783
| Other loans | 12,830 | 12,830
| Other creditors | 775,336 | 793,335
| Accruals and deferred income | 6,720 | 3,600
|  | 817,669 | 832,548
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 928,259 | 901,546
| Other loans | 45,848 | 69,327
|  | 974,107 | 970,873
| The following liabilities were secured:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 951,043 | 924,328
| Other loans | 58,676 | 82,159
|  | 1,009,719 | 1,006,487
| Details of security provided:
The bank loans are secured by a first legal mortgage and other loans are secured by a second legal charge over the land an Ewenny Industrial Estate, Waterton, Bridgend included in the company's balance sheet in long leasehold investment property. Page 7
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 22,783 | 22,783
| Other loans | 12,830 | 12,830
|  | 35,613 | 35,613
| Amounts falling due 1-2 years |  |
| Bank loans | 22,783 | 22,783
| Other loans | 12,830 | 12,830
|  | 35,613 | 35,613
| Amounts falling due 2-5 years |  |
| Bank loans | 64,750 | 64,750
| Other loans | 33,018 | 38,488
|  | 97,768 | 103,238
| Amounts falling due after more than 5 years |  |
| Bank loans | 840,725 | 814,012
| Other loans | - | 18,009
|  | 840,725 | 832,021
|  | 1,009,719 | 1,006,485
10. | Reserves
Revaluation reserve The balance of the fair value reserve at 27 September 2024 & 27 September 2023 was £342,316. Page 8
JRT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 SEPTEMBER 2024
11. | Related party transactions
| The aggregate balance of £694,584 (2023 - £712,584) was owing to the directors. No interest has been charged on the directors' current accounts during the year. As per note 2 of the financial statements the company is reliant on the ongoing support of its directors. The creditor balance in the directors' current account, are repayable on the basis that these amounts loaned to the company by the directors, would not be called for payment if it would adversely affect the ability of the company to continue trading as a going concern for the foreseeable future. Further details provided in note 2 to the financial statements.
Page 9