Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truefalse2024-01-01falseNo description of principal activity1515falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01430468 2024-01-01 2024-12-31 01430468 2023-01-01 2023-12-31 01430468 2024-12-31 01430468 2023-12-31 01430468 2023-01-01 01430468 c:CompanySecretary1 2024-01-01 2024-12-31 01430468 c:Director1 2024-01-01 2024-12-31 01430468 c:RegisteredOffice 2024-01-01 2024-12-31 01430468 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 01430468 d:Buildings d:LongLeaseholdAssets 2024-12-31 01430468 d:Buildings d:LongLeaseholdAssets 2023-12-31 01430468 d:MotorVehicles 2024-01-01 2024-12-31 01430468 d:MotorVehicles 2024-12-31 01430468 d:MotorVehicles 2023-12-31 01430468 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01430468 d:FurnitureFittings 2024-01-01 2024-12-31 01430468 d:FurnitureFittings 2024-12-31 01430468 d:FurnitureFittings 2023-12-31 01430468 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01430468 d:OfficeEquipment 2024-01-01 2024-12-31 01430468 d:OfficeEquipment 2024-12-31 01430468 d:OfficeEquipment 2023-12-31 01430468 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01430468 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01430468 d:CurrentFinancialInstruments 2024-12-31 01430468 d:CurrentFinancialInstruments 2023-12-31 01430468 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01430468 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01430468 d:ShareCapital 2024-12-31 01430468 d:ShareCapital 2023-12-31 01430468 d:ShareCapital 2023-01-01 01430468 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 01430468 d:RetainedEarningsAccumulatedLosses 2024-12-31 01430468 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 01430468 d:RetainedEarningsAccumulatedLosses 2023-12-31 01430468 d:RetainedEarningsAccumulatedLosses 2023-01-01 01430468 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 01430468 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 01430468 c:FRS102 2024-01-01 2024-12-31 01430468 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01430468 c:FullAccounts 2024-01-01 2024-12-31 01430468 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01430468 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 01430468









JONEN SHIPPING (MIDLANDS) LIMITED







UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
COMPANY INFORMATION


Director
J G Hodges 




Company secretary
L Houghton



Registered number
01430468



Registered office
High Road
Thornwood Common

Nr Epping

CM16 6LP




Accountants
Barnes Roffe Advisory Limited
Chartered Accountants

Leytonstone House

3 Hanbury Drive

London

E11 1GA





 
JONEN SHIPPING (MIDLANDS) LIMITED
 

CONTENTS



Page
Director's report
 
1
Accountants' report
 
2
Statement of comprehensive income
 
3
Balance sheet
 
4 - 5
Statement of changes in equity
 
6
Notes to the financial statements
 
7 - 13


 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

The director presents his report and the financial statements for the year ended 31 December 2024.

Director

The director who served during the year was:

J G Hodges 

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 28 July 2025 and signed on its behalf.
 





J G Hodges
Director

Page 1

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JONEN SHIPPING (MIDLANDS) LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jonen Shipping (Midlands) Limited for the year ended 31 December 2024 which comprise the Statement of comprehensive income, the Balance sheet, the Statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Jonen Shipping (Midlands) Limited in accordance with the terms of our engagement letter dated 25 June 2025Our work has been undertaken solely to prepare for your approval the financial statements of Jonen Shipping (Midlands) Limited and state those matters that we have agreed to state to the director of Jonen Shipping (Midlands) Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jonen Shipping (Midlands) Limited and its director for our work or for this report. 

It is your duty to ensure that Jonen Shipping (Midlands) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jonen Shipping (Midlands) Limited. You consider that Jonen Shipping (Midlands) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Jonen Shipping (Midlands) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Barnes Roffe Advisory Limited
Chartered Accountants
Leytonstone House
3 Hanbury Drive
London
E11 1GA
20 August 2025
Page 2

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2024

2024
2023
£
£

  

Turnover
  
2,939,247
3,142,528

Cost of sales
  
(2,235,173)
(2,486,236)

Gross profit
  
704,074
656,292

Administrative expenses
  
(703,668)
(709,771)

Operating profit/(loss)
  
406
(53,479)

Tax on profit/(loss)
  
131
1,912

Profit/(loss) for the financial year
  
537
(51,567)

There were no recognised gains and losses for 2024 or 2023 other than those included in the statement of comprehensive income.

There was no other comprehensive income for 2024 (2023:£NIL).

The notes on pages 7 to 13 form part of these financial statements.

Page 3

 
JONEN SHIPPING (MIDLANDS) LIMITED
REGISTERED NUMBER: 01430468

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
83,123
89,862

Current assets
  

Debtors: amounts falling due within one year
 5 
613,064
662,981

Cash at bank and in hand
 6 
63,399
93,806

  
676,463
756,787

Creditors: amounts falling due within one year
 7 
(460,000)
(547,600)

Net current assets
  
 
 
216,463
 
 
209,187

Total assets less current liabilities
  
299,586
299,049

Provisions for liabilities
  

Deferred tax
 8 
(16,014)
(16,014)

  
 
 
(16,014)
 
 
(16,014)

Net assets
  
283,572
283,035


Capital and reserves
  

Called up share capital 
  
69,875
69,875

Profit and loss account
  
213,697
213,160

  
283,572
283,035


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.

Page 4

 
JONEN SHIPPING (MIDLANDS) LIMITED
REGISTERED NUMBER: 01430468
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 July 2025.




J G Hodges
Director

The notes on pages 7 to 13 form part of these financial statements.

Page 5

 
JONEN SHIPPING (MIDLANDS) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
69,875
264,727
334,602


Comprehensive income for the year

Loss for the year
-
(51,567)
(51,567)



At 1 January 2024
69,875
213,160
283,035


Comprehensive income for the year

Profit for the year
-
537
537


At 31 December 2024
69,875
213,697
283,572


The notes on pages 7 to 13 form part of these financial statements.

Page 6

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Jonen Shipping (Midlands) Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is High Road, Thornwood Common, Nr. Epping, CM16 6LP. 

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 7

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 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:

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.

 
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.

 
2.5

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 8

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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.


 
2.7

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 the following bases.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
10%
straight line
Office equipment
-
25%
straight line

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 9

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
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.

 
2.11

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 15 (2023 - 15).

Page 10

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2024
20,352
284,806
53,485
52,683
411,326


Additions
-
17,500
3,850
459
21,809


Disposals
-
-
(2,169)
-
(2,169)



At 31 December 2024

20,352
302,306
55,166
53,142
430,966



Depreciation


At 1 January 2024
17,129
211,176
51,103
42,056
321,464


Charge for the year on owned assets
-
21,689
2,638
3,227
27,554


Disposals
-
-
(1,175)
-
(1,175)



At 31 December 2024

17,129
232,865
52,566
45,283
347,843



Net book value



At 31 December 2024
3,223
69,441
2,600
7,859
83,123



At 31 December 2023
3,223
73,630
2,382
10,627
89,862


5.


Debtors

2024
2023
£
£


Trade debtors
486,380
568,847

Amounts owed by group undertakings
59,393
34,172

Other debtors
4,380
2,500

Prepayments and accrued income
62,911
57,462

613,064
662,981


Page 11

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
63,399
93,806



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
261,026
318,394

Amounts owed to group undertakings
40,828
107,156

Corporation tax
1,781
-

Other taxation and social security
39,632
24,890

Other creditors
2,776
3,534

Accruals and deferred income
113,957
93,626

460,000
547,600



8.


Deferred taxation




2024


£






At beginning of year
(16,014)



At end of year
(16,014)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(16,014)
(16,014)


9.


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 £11,922 (2023 - £11,816) . Contributions totalling £2,776 (2023 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

Page 12

 
JONEN SHIPPING (MIDLANDS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Commitments under operating leases

The Company had no commitments under non-cancellable operating leases at the balance sheet date.


11.


Controlling party

The ultimate controlling party is J A Hodges.

 
Page 13