Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-302025-04-30false2024-05-01Community Pharmacy1311truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03274564 2024-05-01 2025-04-30 03274564 2023-05-01 2024-04-30 03274564 2025-04-30 03274564 2024-04-30 03274564 c:Director1 2024-05-01 2025-04-30 03274564 c:Director2 2024-05-01 2025-04-30 03274564 d:MotorVehicles 2024-05-01 2025-04-30 03274564 d:FurnitureFittings 2024-05-01 2025-04-30 03274564 d:Goodwill 2024-05-01 2025-04-30 03274564 d:OtherResidualIntangibleAssets 2024-05-01 2025-04-30 03274564 d:CurrentFinancialInstruments 2025-04-30 03274564 d:CurrentFinancialInstruments 2024-04-30 03274564 d:Non-currentFinancialInstruments 2025-04-30 03274564 d:Non-currentFinancialInstruments 2024-04-30 03274564 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 03274564 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 03274564 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 03274564 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 03274564 d:ShareCapital 2025-04-30 03274564 d:ShareCapital 2024-04-30 03274564 d:SharePremium 2025-04-30 03274564 d:SharePremium 2024-04-30 03274564 d:RetainedEarningsAccumulatedLosses 2025-04-30 03274564 d:RetainedEarningsAccumulatedLosses 2024-04-30 03274564 c:FRS102 2024-05-01 2025-04-30 03274564 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 03274564 c:FullAccounts 2024-05-01 2025-04-30 03274564 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03274564 d:HirePurchaseContracts d:WithinOneYear 2025-04-30 03274564 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-04-30 03274564 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 03274564 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 03274564 d:AcceleratedTaxDepreciationDeferredTax 2025-04-30 03274564 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 03274564 2 2024-05-01 2025-04-30 03274564 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 03274564










B.V.R. (JAVIC) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

 
B.V.R. (JAVIC) LIMITED
REGISTERED NUMBER: 03274564

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
  
1,408,615
1,026,019

Tangible assets
  
73,231
76,366

  
1,481,846
1,102,385

Current assets
  

Stocks
  
74,613
44,617

Debtors: amounts falling due within one year
 4 
788,655
687,108

Cash at bank and in hand
 5 
308,849
120,359

  
1,172,117
852,084

Creditors: amounts falling due within one year
 6 
(584,458)
(392,593)

Net current assets
  
 
 
587,659
 
 
459,491

Total assets less current liabilities
  
2,069,505
1,561,876

Creditors: amounts falling due after more than one year
 7 
(1,327,531)
(741,504)

Provisions for liabilities
  

Deferred tax
 9 
(17,283)
-

  
 
 
(17,283)
 
 
-

Net assets
  
724,691
820,372


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Share premium account
  
199,002
199,002

Profit and loss account
  
524,689
620,370

  
724,691
820,372


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
Page 1

 
B.V.R. (JAVIC) LIMITED
REGISTERED NUMBER: 03274564
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2025

to the small companies regime.

The Company has opted not to file the income statement 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 20 August 2025.




Mr Karam Suliman
Ms Reem Sawa
Director
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.


General information

B.V.R. (Javic) Limited is a private company, limited by share capital, incorporated in England and Wales under registration number 03274564. The address of the registered office is at Level 5A, Maple House, 149 Tottenham Court Road, London,  W1T 7NF.

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Income statement over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

 
2.4

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:

Motor vehicles
-
25%
Straight line
Fixtures, fittings and equipments
-
25%
reducing balance

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.

Page 4

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.9

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Income statement in the same period as the related expenditure.

 
2.10

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.

 
2.11

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.

Page 5

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.12

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.

 
2.13

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.14

Interest income

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

 
2.15

Borrowing costs

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

 
2.16

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.

Page 6

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.17

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 reporting 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 reporting 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 reporting date.



3.


Employees

The average monthly number of employees, including directors, during the year was 13 (2024 - 11).


4.


Debtors

2025
2024
£
£


Trade debtors
169,148
148,955

Rent deposit
13,000
-

Amounts owed by group undertakings
171,764
170,485

Directors loan account
297,543
252,690

VAT repayable
29,381
17,469

S.455 Tax tax repayable
99,213
84,074

Prepayments and accrued income
8,606
12,277

Deferred taxation
-
1,158

788,655
687,108


Page 7

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

5.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
308,849
120,359

308,849
120,359



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
155,198
116,695

Trade creditors
317,500
200,950

Corporation tax payable
71,115
66,626

Other taxation and social security
3,638
-

Obligations under finance lease and hire purchase contracts
11,899
7,403

Pension payable
852
919

Credit card
24,256
-

584,458
392,593


The bank loan of £144,365 (2024 - £106,695) was secured by a fixed and floating charge over all property and undertaking of the company. Bank loan of £10,833 (2024 - £10,000) is an unsecured bounce back loan received by the company.

Page 8

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
1,267,443
665,021

Net obligations under finance leases and hire purchase contracts
60,088
76,483

1,327,531
741,504


The bank loan of £1,267,443 (2024 - £654,188) was secured by a fixed and floating charge over all property and undertaking of the company. Bank loan of £Nil (2024 - £10,833) is an unsecured bounce back loan received by the company.

The following liabilities were secured:

2025
2024
£
£



Bank loan due within 1 year
144,365
106,695

Bank loan due after more than 1 year
1,267,443
654,188

1,411,808
760,883

Details of security provided:

The bank loan of £1,411,808 (2024 - £760,883) was secured by a fixed and floating charge over all property and undertaking of the company. 


8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2025
2024
£
£


Within one year
11,899
7,403

Between 1-5 years
60,088
76,483

71,987
83,886


9.


Deferred taxation

Page 9

 
B.V.R. (JAVIC) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
 
9.Deferred taxation (continued)




2025


£






At beginning of year
1,158


Charged to profit or loss
(18,441)



At end of year
(17,283)

The deferred taxation balance is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(17,283)
1,158

(17,283)
1,158


10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3,925 (2024 - £4,212).

Page 10