Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrueNo description of principal activity2023-11-01false1310 11998176 2023-11-01 2024-10-31 11998176 2022-11-01 2023-10-31 11998176 2024-10-31 11998176 2023-10-31 11998176 c:Director1 2023-11-01 2024-10-31 11998176 d:Buildings d:ShortLeaseholdAssets 2023-11-01 2024-10-31 11998176 d:Buildings d:ShortLeaseholdAssets 2024-10-31 11998176 d:Buildings d:ShortLeaseholdAssets 2023-10-31 11998176 d:PlantMachinery 2023-11-01 2024-10-31 11998176 d:PlantMachinery 2024-10-31 11998176 d:PlantMachinery 2023-10-31 11998176 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 11998176 d:FurnitureFittings 2023-11-01 2024-10-31 11998176 d:FurnitureFittings 2024-10-31 11998176 d:FurnitureFittings 2023-10-31 11998176 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 11998176 d:ComputerEquipment 2023-11-01 2024-10-31 11998176 d:ComputerEquipment 2024-10-31 11998176 d:ComputerEquipment 2023-10-31 11998176 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 11998176 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 11998176 d:CurrentFinancialInstruments 2024-10-31 11998176 d:CurrentFinancialInstruments 2023-10-31 11998176 d:Non-currentFinancialInstruments 2024-10-31 11998176 d:Non-currentFinancialInstruments 2023-10-31 11998176 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 11998176 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 11998176 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 11998176 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 11998176 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 11998176 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 11998176 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-10-31 11998176 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-10-31 11998176 d:ShareCapital 2024-10-31 11998176 d:ShareCapital 2023-10-31 11998176 d:SharePremium 2024-10-31 11998176 d:SharePremium 2023-10-31 11998176 d:RetainedEarningsAccumulatedLosses 2024-10-31 11998176 d:RetainedEarningsAccumulatedLosses 2023-10-31 11998176 c:OrdinaryShareClass1 2023-11-01 2024-10-31 11998176 c:OrdinaryShareClass1 2024-10-31 11998176 c:OrdinaryShareClass1 2023-10-31 11998176 c:FRS102 2023-11-01 2024-10-31 11998176 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11998176 c:FullAccounts 2023-11-01 2024-10-31 11998176 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11998176 2 2023-11-01 2024-10-31 11998176 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure

11998176









JON HALA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
JON HALA LIMITED
REGISTERED NUMBER: 11998176

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
85,187
98,701

Current assets
  

Stocks
  
2,125
2,125

Debtors: amounts falling due within one year
 5 
90,184
87,134

Cash at bank and in hand
 6 
3,183
7,570

  
95,492
96,829

Creditors: amounts falling due within one year
 7 
(335,660)
(305,949)

Net current liabilities
  
 
 
(240,168)
 
 
(209,120)

Total assets less current liabilities
  
(154,981)
(110,419)

Creditors: amounts falling due after more than one year
 8 
(27,130)
(33,642)

Net liabilities
  
(182,111)
(144,061)


Capital and reserves
  

Called up share capital 
 11 
1,750
1,750

Share premium account
  
168,425
168,425

Profit and loss account
  
(352,286)
(314,236)

  
(182,111)
(144,061)

Page 1

 
JON HALA LIMITED
REGISTERED NUMBER: 11998176
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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 Company's  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 by: 




................................................
P Cowan
Director

Date: 11 August 2025

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
JON HALA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Jon Hala Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the shareholders for financial support. As at 6th August 2025, the shareholders have confirmed that they will provide adequate finance to enable the company to continue in operational existence. Therefore, the directors consider it appropriate to prepare the financial statements on the going concern basis. 

 
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:

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.

 
2.4

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.

Page 3

 
JON HALA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Short-term leasehold property
-
10%
Over the life of the lease
Plant and machinery
-
25%
Reducing balance method
Fixtures and fittings
-
25%
Reducing balance method
Computer equipment
-
25%
Reducing balance method

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.

 
2.8

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.

 
2.9

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.

 
2.10

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

 
JON HALA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.11

Interest income

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


3.


Employees

The average monthly number of employees, including directors, during the year was 13 (2023 - 10).


4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 November 2023
155,517
2,198
8,724
857
167,296


Additions
3,000
319
-
-
3,319



At 31 October 2024

158,517
2,517
8,724
857
170,615



Depreciation


At 1 November 2023
61,021
1,503
5,642
429
68,595


Charge for the year on owned assets
15,746
208
772
107
16,833



At 31 October 2024

76,767
1,711
6,414
536
85,428



Net book value



At 31 October 2024
81,750
806
2,310
321
85,187



At 31 October 2023
94,496
696
3,082
428
98,702

Page 5

 
JON HALA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£

Other debtors
64,295
56,703

Prepayments and accrued income
25,889
30,431

90,184
87,134



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,183
7,570

Less: bank overdrafts
(11,899)
-

(8,716)
7,570



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
11,899
-

Bank loans
5,919
6,025

Trade creditors
114,371
65,880

Other taxation and social security
17,543
56,716

Other creditors
114,354
113,401

Accruals and deferred income
71,574
63,927

335,660
305,949



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
27,130
33,642

27,130
33,642


Page 6

 
JON HALA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Bank loans
5,919
6,025


5,919
6,025

Bank loans
23,677
24,102


23,677
24,102

Amounts falling due after more than 5 years

Bank loans
3,453
9,540

33,049
39,667



10.


Provisions











At 31 October 2024


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



175,000 (2023 - 175,000) Ordinary shares of £0.01 each
1,750
1,750

Subsequent to the year end, 100,000 Ordinary shares at £0.01 each were issued for a consideration of £100,000.



12.


Related party transactions

Included within Other creditors is a balance of £105,786 (2023: £98,452) owed to the directors. The balances are unsecured and interest is charged at 8%, with no fixed repayment terms.

Page 7

 
JON HALA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

13.


Controlling party

The company is controlled by the directors. 
 
Page 8