ACCOUNTS - Final Accounts

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-05-312021-05-312022-05-30true1Commercial exploitation of the literary works of Jon Robinson.2020-06-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08077920 2020-06-01 2021-05-31 08077920 2019-06-01 2020-05-31 08077920 2021-05-31 08077920 2020-05-31 08077920 c:Director1 2020-06-01 2021-05-31 08077920 d:FurnitureFittings 2020-06-01 2021-05-31 08077920 d:FurnitureFittings 2021-05-31 08077920 d:FurnitureFittings 2020-05-31 08077920 d:OfficeEquipment 2020-06-01 2021-05-31 08077920 d:OfficeEquipment 2021-05-31 08077920 d:OfficeEquipment 2020-05-31 08077920 d:CurrentFinancialInstruments 2021-05-31 08077920 d:CurrentFinancialInstruments 2020-05-31 08077920 d:CurrentFinancialInstruments d:WithinOneYear 2021-05-31 08077920 d:CurrentFinancialInstruments d:WithinOneYear 2020-05-31 08077920 d:ShareCapital 2021-05-31 08077920 d:ShareCapital 2020-05-31 08077920 d:RetainedEarningsAccumulatedLosses 2021-05-31 08077920 d:RetainedEarningsAccumulatedLosses 2020-05-31 08077920 c:OrdinaryShareClass1 2020-06-01 2021-05-31 08077920 c:OrdinaryShareClass1 2021-05-31 08077920 c:OrdinaryShareClass1 2020-05-31 08077920 c:FRS102 2020-06-01 2021-05-31 08077920 c:AuditExempt-NoAccountantsReport 2020-06-01 2021-05-31 08077920 c:FullAccounts 2020-06-01 2021-05-31 08077920 c:PrivateLimitedCompanyLtd 2020-06-01 2021-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08077920

JWRITING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021


JWRITING LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 4


JWRITING LIMITED REGISTERED NUMBER:08077920

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2021

		2021		2020
Note		£		£


Tangible assets	4		-		-
Current assets
Cash at bank and in hand		11,006		14,412
Current liabilities
Creditors: amounts falling due within one year	5	(14,578)		(17,447)
Net current liabilities			(3,572)		(3,035)
Net liabilities			(3,572)		(3,035)

Capital and reserves
Called up share capital	6	1,000	1,000
Profit and loss account		(4,572)	(4,035)
		(3,572)	(3,035)

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.

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 30 May 2022.

J Courtney

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1


JWRITING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

1.	General information

JWriting Limited is a company registered in England and Wales. The registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company during the year continued to be that of commercial exploitation of the literary works of Jon Robinson.
The company's functional and presentational reporting currency is £ Sterling.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the comapnies act 2006.
The following principals accounting policies have been applied:

2.2

Turnover

Turnover represents revenue recognised by the company in respect of amounts receivable for book advances, royalties and school events during the period, exclusive of Value Added Tax.
Revenue is recognised in the period in which it is earned. Book advances and royalties which are non-refundable are accounted for on a receipt basis.

2.3

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.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	33.33%	straight line
				Office equipment	-	33.33%	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 the Statement of Comprehensive Income.

2.4

Debtors

Short term debtors are measured at the transaction price.

Page 2


JWRITING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

2.Accounting policies (continued)

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.6

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other debtors and creditors, loans from related parties and cash at bank and in hand repayable without penalty.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 Statement of Financial Position 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.

Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).

Page 3


JWRITING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost
At 1 June 2020	2,570	636	3,206
At 31 May 2021	2,570	636	3,206
Depreciation
At 1 June 2020	2,570	636	3,206
At 31 May 2021	2,570	636	3,206
Net book value
At 31 May 2021	-	-	-
At 31 May 2020	-	-	-

5.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

Other creditors	13,258	16,127
Accruals and deferred income	1,320	1,320
	14,578	17,447

6.	Share capital
		2021	2020
		£	£

Allotted, called up and fully paid

1,000 (2020 - 1,000) ordinary shares of £1 each	1,000	1,000

Page 4