Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31false2023-08-01falseOther service activities not elsewhere claasified11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12773542 2023-08-01 2024-07-31 12773542 2022-08-01 2023-07-31 12773542 2024-07-31 12773542 2023-07-31 12773542 c:Director1 2023-08-01 2024-07-31 12773542 d:OfficeEquipment 2023-08-01 2024-07-31 12773542 d:OfficeEquipment 2024-07-31 12773542 d:OfficeEquipment 2023-07-31 12773542 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 12773542 d:CurrentFinancialInstruments 2024-07-31 12773542 d:CurrentFinancialInstruments 2023-07-31 12773542 d:Non-currentFinancialInstruments 2024-07-31 12773542 d:Non-currentFinancialInstruments 2023-07-31 12773542 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12773542 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12773542 d:ShareCapital 2024-07-31 12773542 d:ShareCapital 2023-07-31 12773542 d:RevaluationReserve 2024-07-31 12773542 d:RevaluationReserve 2023-07-31 12773542 d:RetainedEarningsAccumulatedLosses 2024-07-31 12773542 d:RetainedEarningsAccumulatedLosses 2023-07-31 12773542 d:OtherDeferredTax 2024-07-31 12773542 d:OtherDeferredTax 2023-07-31 12773542 c:FRS102 2023-08-01 2024-07-31 12773542 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12773542 c:FullAccounts 2023-08-01 2024-07-31 12773542 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12773542 5 2023-08-01 2024-07-31 12773542 6 2023-08-01 2024-07-31 12773542 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 12773542









JAMIE KLUMAN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
JAMIE KLUMAN LIMITED
REGISTERED NUMBER: 12773542

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
                                                                Note
£
£

Fixed assets
  

Tangible assets
 4 
3,603
2,108

Investments
 5 
1,771,906
2,010,001

  
1,775,509
2,012,109

Current assets
  

Debtors: amounts falling due after more than one year
 6 
325,834
512,499

Debtors: amounts falling due within one year
 6 
84,657
63,657

Current asset investments
 7 
598,916
537,438

Cash at bank and in hand
  
338,819
25,930

  
1,348,226
1,139,524

Creditors: amounts falling due within one year
 8 
(37,997)
(32,933)

Net current assets
  
 
 
1,310,229
 
 
1,106,591

Total assets less current liabilities
  
3,085,738
3,118,700

  

Net assets
  
3,085,738
3,118,700


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
  
(36,229)
(36,229)

Profit and loss account
  
3,121,867
3,154,829

  
3,085,738
3,118,700


Page 1

 
JAMIE KLUMAN LIMITED
REGISTERED NUMBER: 12773542
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 statement of comprehensive income 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 29 July 2025.




J Kluman
Director

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

Page 2

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Jamie Kluman Limited (the "Company") is a private company limited by shares and incorporated in England and Wales.
The address of it's registered office is Leytonstone House, 3 Hanbury Drive, London, E11 1GA.
The principal activity of the company during the year continued to be that of investments.

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 comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.3

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:

Interest Income
Interest income is recognised in the Statment of comprehensive income using the effective interest method.

 
2.4

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.


 
2.5

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.

Page 4

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance basis

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.

 
2.6

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.

 
2.7

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.9

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

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

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 1 (2023 - 1).

Page 6

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 August 2023
2,886


Additions
2,336



At 31 July 2024

5,222



Depreciation


At 1 August 2023
778


Charge for the year on owned assets
841



At 31 July 2024

1,619



Net book value



At 31 July 2024
3,603



At 31 July 2023
2,108


5.


Fixed asset investments





Investments in associates
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 August 2023
1
2,010,000
2,010,001


Disposals
-
(238,095)
(238,095)



At 31 July 2024
1
1,771,905
1,771,906




Page 7

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
325,834
512,499

325,834
512,499


2024
2023
£
£

Due within one year

Trade debtors
49,000
28,000

Other debtors
23,581
23,581

Deferred taxation
12,076
12,076

84,657
63,657



7.


Current asset investments

2024
2023
£
£

Portfolio investments
435,943
537,438

Unlisted investments
162,973
-

598,916
537,438



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
7,308
4,380

Amounts owed to joint ventures
1
1

Corporation tax
23,449
23,449

Other creditors
39
423

Accruals and deferred income
7,200
4,680

37,997
32,933


Page 8

 
JAMIE KLUMAN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

9.


Deferred taxation




2024


£






At beginning of year
12,076



At end of year
12,076

The deferred tax asset is made up as follows:

2024
2023
£
£


Movement in valuation of listed investments
12,076
12,076

12,076
12,076


10.


Related party transactions

At the year end, the company owed the director £39 (2023: £423).

 
Page 9