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REGISTERED NUMBER: 04993611 (England and Wales)













Financial Statements

for the Period

1 April 2024 to 31 December 2024

for

Johnson Partners Limited

Johnson Partners Limited (Registered number: 04993611)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Johnson Partners Limited

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTORS: Mrs D E Irving
M Shakesheff
M D Sharp





REGISTERED OFFICE: Unit 7 River Court
Brighouse Road
Brighouse Business Village
Middlesbrough
TS2 1RT





REGISTERED NUMBER: 04993611 (England and Wales)





AUDITORS: Anderson Barrowcliff Limited
Statutory Auditors
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Johnson Partners Limited (Registered number: 04993611)

Balance Sheet
31 December 2024

2024 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 154,290 134,129
Investments 5 - 100
154,290 134,229

CURRENT ASSETS
Debtors 6 82,496 92,445
Cash at bank and in hand 70,335 10,314
152,831 102,759
CREDITORS
Amounts falling due within one year 7 157,234 100,305
NET CURRENT (LIABILITIES)/ASSETS (4,403 ) 2,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,887

136,683

CREDITORS
Amounts falling due after more than one
year

8

107,418

108,606
NET ASSETS 42,469 28,077

CAPITAL AND RESERVES
Called up share capital 10 117 117
Retained earnings 42,352 27,960
SHAREHOLDERS' FUNDS 42,469 28,077

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2025 and were signed on its behalf by:





M Shakesheff - Director


Johnson Partners Limited (Registered number: 04993611)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Johnson Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The company has changed its accounting reference period from 31 March to 31 December in order to bring the accounting reference period in line with its group members. The comparative figures therefore shown in these financial statements are not entirely comparable as they represent 12 months trading to 31 March 2024 compared to 9 months trading to 31 December 2024.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Johnson Partners Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Office equipment, fixtures & fittings - 33% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Johnson Partners Limited (Registered number: 04993611)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.If an arrangement constitutes a finance transaction it is measured at present value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment,
Freehold fixtures
property & fittings Totals
£    £    £   
COST
At 1 April 2024 137,923 27,564 165,487
Additions - 26,666 26,666
Disposals - (17,522 ) (17,522 )
At 31 December 2024 137,923 36,708 174,631
DEPRECIATION
At 1 April 2024 12,355 19,003 31,358
Charge for period 2,070 4,435 6,505
Eliminated on disposal - (17,522 ) (17,522 )
At 31 December 2024 14,425 5,916 20,341
NET BOOK VALUE
At 31 December 2024 123,498 30,792 154,290
At 31 March 2024 125,568 8,561 134,129

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024 100
Impairments (100 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 March 2024 100

Johnson Partners Limited (Registered number: 04993611)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

5. FIXED ASSET INVESTMENTS - continued

The investment in the subsidiary of £100 has been written off as an active proposal to strike off the company has been lodged at Companies House.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade debtors 34,937 46,247
Other debtors 36,713 31,713
Taxation - 4,372
Deferred tax asset 1,542 7,099
VAT 1,367 -
Prepayments and accrued income 7,937 3,014
82,496 92,445

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Bank loans and overdrafts 8,594 13,594
Trade creditors 37,170 59,599
Amounts owed to group undertakings 102,651 19,882
VAT - 351
Other creditors - 3,579
Accrued expenses 8,819 3,300
157,234 100,305

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2024
£    £   
Bank loans - 1-2 years 8,594 13,594
Bank loans - 2-5 years 25,783 40,783
Bank loans more 5 yr by instal 73,041 54,229
107,418 108,606

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 73,041 54,229

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2024
£    £   
Bank loans 116,012 122,200

The bank loans are secured by a charge over the company's freehold property and a fixed and floating charge over all assets of the company.

Johnson Partners Limited (Registered number: 04993611)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2024
value: £    £   
1,000 Ordinary A 10p 100 100
174 Ordinary B 10p 17 17
117 117

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Shawcross FCA (Senior Statutory Auditor)
for and on behalf of Anderson Barrowcliff Limited

12. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £3,420 (Year Ended 31 March 2024 - £4,104) relating to amounts payable under operating leases.

13. RELATED PARTY DISCLOSURES

On 8 February 2024 100% of the share capital of the company was purchased by Casper Logistics Limited. During the period the company received further loan advances from Casper Logistics Limited of £82,273 (year ended 31 March 2024 - £19,882). At the period end there was a balance due to Casper Logistics Limited of £102,155 (year ended 31 March 2024 - £19,882). The company also received a loan from Casper Shipping Limited of £496 during the period. These amounts are shown in group creditors.

During the prior year the company charged rent to Cargo Exchange Limited, a 100% subsidiary of the company, in the sum of £20. At the prior year end the balance due from Cargo Exchange Limited of £43,594 was written off as it was assessed that it would not be recoverable.

14. PARENT UNDERTAKING

The immediate parent company is Casper Logistics Limited and the ultimate parent company is Casper Shipping Holdings Limited. These financial statements are included in the consolidated financial statements of Casper Shipping Holdings Limited. The parent's and the ultimate parent's registered office address is Tees Wharf, Dockside Road, Middlesbrough TS3 6AH.