Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31true2023-11-01falseThe principal activity of the company is that of developing video games and innovative fashion designing11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12969340 2023-11-01 2024-10-31 12969340 2022-11-01 2023-10-31 12969340 2024-10-31 12969340 2023-10-31 12969340 c:Director1 2023-11-01 2024-10-31 12969340 d:ComputerEquipment 2023-11-01 2024-10-31 12969340 d:ComputerEquipment 2024-10-31 12969340 d:ComputerEquipment 2023-10-31 12969340 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 12969340 d:CurrentFinancialInstruments 2024-10-31 12969340 d:CurrentFinancialInstruments 2023-10-31 12969340 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 12969340 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12969340 d:ShareCapital 2024-10-31 12969340 d:ShareCapital 2023-10-31 12969340 d:SharePremium 2024-10-31 12969340 d:SharePremium 2023-10-31 12969340 d:RetainedEarningsAccumulatedLosses 2024-10-31 12969340 d:RetainedEarningsAccumulatedLosses 2023-10-31 12969340 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 12969340 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 12969340 c:OrdinaryShareClass1 2023-11-01 2024-10-31 12969340 c:OrdinaryShareClass1 2024-10-31 12969340 c:OrdinaryShareClass1 2023-10-31 12969340 c:FRS102 2023-11-01 2024-10-31 12969340 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12969340 c:FullAccounts 2023-11-01 2024-10-31 12969340 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 12969340














J O K DIGITAL LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
J O K DIGITAL LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 7

 
J O K DIGITAL LIMITED
REGISTERED NUMBER:12969340

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,152
2,072

  
1,152
2,072

Current assets
  

Stocks
 5 
266,343
257,159

Debtors: amounts falling due within one year
 6 
49
49

Cash at bank and in hand
 7 
247
11,860

  
266,639
269,068

Creditors: amounts falling due within one year
 8 
(9,002)
(8,897)

Net current assets
  
 
 
257,637
 
 
260,171

Total assets less current liabilities
  
258,789
262,243

Provisions for liabilities
  

Deferred tax
 9 
(518)
(518)

  
 
 
(518)
 
 
(518)

Net assets
  
258,271
261,725


Capital and reserves
  

Called up share capital 
 10 
527
527

Share premium account
  
303,958
303,958

Profit and loss account
  
(46,214)
(42,760)

  
258,271
261,725


1

 
J O K DIGITAL LIMITED
REGISTERED NUMBER:12969340
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

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 year 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 profit and loss account 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: 




Joshua Owain Kane
Director

Date: 23 July 2025

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

2

 
J O K DIGITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

J O K Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 12969340. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. 

The principal activity of the company is that of developing video games and innovative fashion designing.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

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 corporate 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.

3

 
J O K DIGITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.3

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:

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.

 
2.4

Stocks

Stock of work in progress is valued at the lower of cost and net realisable value. The cost of the work in progress is the costs relating to the development of the video game production.


 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. 

 
2.8

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.

4

 
J O K DIGITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors, trade creditors, and loans with related parties.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 November 2023
3,682



At 31 October 2024

3,682



Depreciation


At 1 November 2023
1,610


Charge for the year
920



At 31 October 2024

2,530



Net book value



At 31 October 2024
1,152



At 31 October 2023
2,072


5.


Stocks

2024
2023
£
£

Work in progress
266,343
257,159


5

 
J O K DIGITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Debtors

2024
2023
£
£


Other debtors
49
49



7.


Cash

2024
2023
£
£

Cash at bank and in hand
247
11,860



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
1,202
247

Accruals
7,800
8,650

9,002
8,897



9.


Deferred taxation




2024


£






At beginning of year
518



At end of year
518

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
518
518

6

 
J O K DIGITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,549 (2023 - 10,549) Ordinary shares of £0.05 each
527
527



11.


Related party transactions

Included within other debtors at the year end is a balance totalling £49 (2023 - £49) due from the director. The loan is interest free and repayable on demand.
Included within other creditors at the year end is an amount of £1,202 (2023 - £245) due to a related company. The loan is interest free and repayable on demand.

 
7