Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-13 2025-06-13 No description of principal activity 2024-07-01 false 4 4 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05829662 2024-07-01 2025-06-13 05829662 2023-07-01 2024-06-30 05829662 2025-06-13 05829662 2024-06-30 05829662 c:Director2 2024-07-01 2025-06-13 05829662 d:FurnitureFittings 2024-07-01 2025-06-13 05829662 d:FurnitureFittings 2025-06-13 05829662 d:FurnitureFittings 2024-06-30 05829662 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-07-01 2025-06-13 05829662 d:OfficeEquipment 2024-07-01 2025-06-13 05829662 d:OfficeEquipment 2025-06-13 05829662 d:OfficeEquipment 2024-06-30 05829662 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-13 05829662 d:OwnedOrFreeholdAssets 2024-07-01 2025-06-13 05829662 d:Goodwill 2024-07-01 2025-06-13 05829662 d:Goodwill 2025-06-13 05829662 d:Goodwill 2024-06-30 05829662 d:CurrentFinancialInstruments 2025-06-13 05829662 d:CurrentFinancialInstruments 2024-06-30 05829662 d:Non-currentFinancialInstruments 2025-06-13 05829662 d:Non-currentFinancialInstruments 2024-06-30 05829662 c:FRS102 2024-07-01 2025-06-13 05829662 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-13 05829662 c:FullAccounts 2024-07-01 2025-06-13 05829662 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-13 05829662 d:Goodwill d:OwnedIntangibleAssets 2024-07-01 2025-06-13 05829662 e:PoundSterling 2024-07-01 2025-06-13 iso4217:GBP xbrli:pure

Registered number: 05829662 JOHN GOWING JEWELLERS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 13 JUNE 2025
JOHN GOWING JEWELLERS LTD REGISTERED NUMBER: 05829662 BALANCE SHEET AS AT 13 JUNE 2025
|  | 13 June |  | 30 June
|  | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  | 27,340 |  | 46,860
Current assets | 300,776 |  | 271,980 |
Creditors: amounts falling due within one year | (188,705) |  | (198,474) |
Net current assets |  | 112,071 |  | 73,506
Total assets less current liabilities |  | 139,411 |  | 120,366
Creditors: amounts falling due after more than one year |  | (66,245) |  | (44,285)
Net assets |  | 73,166 |  | 76,081
Capital and reserves |  | 73,166 |  | 76,081
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 period 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 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 8 September 2025.
A E Gowing
Director
The notes on pages 2 to 7 form part of these financial statements. Page 1
JOHN GOWING JEWELLERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 13 JUNE 2025
1. | General information
John Gowing Jewellers Limited Company registration 05829662 incorporated in England and Wales Registered office address; The Old Tannery Hensington Road Woodstock Oxfordshire OX20 1JL Retail sales of watches and jewellery. 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.
| 2.3 | 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.
| 2.4 | 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. Page 2
JOHN GOWING JEWELLERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 13 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
| 2.6 | 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.
| 2.7 | Taxation
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.
| 2.8 | 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 Statement of comprehensive income 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.
| 2.9 | 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 3
JOHN GOWING JEWELLERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 13 JUNE 2025 2.Accounting policies (continued)
| 2.9 | 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:
|  |  |  | Fixtures and fittings | - | 10% Reducing balance
|  |  |  | Office equipment | - |
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.
| 2.10 | 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 weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet 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.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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 4
JOHN GOWING JEWELLERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 13 JUNE 2025
3. | Employees
| The average monthly number of employees, including directors, during the period was 4 (2024 - 4).
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 July 2024 | 370,800
| At 13 June 2025 | 370,800
| Amortisation |
| At 1 July 2024 | 333,720
| Charge for the period on owned assets | 18,540
| At 13 June 2025 | 352,260
| Net book value |
| At 13 June 2025 | 18,540
Page 5
JOHN GOWING JEWELLERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 13 JUNE 2025
5. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 July 2024 | 30,706 | 7,609 | 38,315
| At 13 June 2025 | 30,706 | 7,609 | 38,315
| Depreciation |  |  |
| At 1 July 2024 | 28,535 | - | 28,535
| Charge for the period on owned assets | 980 | - | 980
| At 13 June 2025 | 29,515 | - | 29,515
| Net book value |  |  |
| At 13 June 2025 | 1,191 | 7,609 | 8,800
6. | Debtors
7. | Cash and cash equivalents
|  |  |  |  | 13 June | 30 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 80,775 | 52,035
|  | 80,775 | 52,035
Page 6
JOHN GOWING JEWELLERS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 13 JUNE 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 13 June | 30 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 66,464 | 47,758
| Corporation tax | 93,011 | 115,177
| Other taxation and social security | 18,004 | 18,955
| Other creditors | - | 14,784
| Accruals and deferred income | 11,226 | 1,800
|  | 188,705 | 198,474
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 13 June | 30 June
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 66,245 | 44,285
|  | 66,245 | 44,285
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 £2,845 (2024 - £2,988). Contributions totalling £Nil (2024 - £Nil) were payable to the fund at the balance sheet date.
Page 7