ACCOUNTS - Final Accounts

CAREYJONES CHAPMANTOLCHER LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-31074152772021-12-3112021-01-01false1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07415277 2021-01-01 2021-12-31 07415277 2020-01-01 2020-12-31 07415277 2021-12-31 07415277 2020-12-31 07415277 2021-01-01 07415277 1 2021-01-01 2021-12-31 07415277 d:Director4 2021-01-01 2021-12-31 07415277 c:CurrentFinancialInstruments 2021-12-31 07415277 c:CurrentFinancialInstruments 2020-12-31 07415277 c:CurrentFinancialInstruments c:WithinOneYear 2021-12-31 07415277 c:CurrentFinancialInstruments c:WithinOneYear 2020-12-31 07415277 c:ShareCapital 2021-12-31 07415277 c:ShareCapital 2020-12-31 07415277 c:RetainedEarningsAccumulatedLosses 2021-01-01 2021-12-31 07415277 d:OrdinaryShareClass1 2021-01-01 2021-12-31 07415277 d:OrdinaryShareClass1 2021-12-31 07415277 d:OrdinaryShareClass1 2020-12-31 07415277 d:FRS102 2021-01-01 2021-12-31 07415277 d:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 07415277 d:FullAccounts 2021-01-01 2021-12-31 07415277 d:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 07415277 c:Subsidiary1 2021-01-01 2021-12-31 07415277 c:Subsidiary1 1 2021-01-01 2021-12-31 07415277 c:Subsidiary2 2021-01-01 2021-12-31 07415277 c:Subsidiary2 1 2021-01-01 2021-12-31 07415277 6 2021-01-01 2021-12-31 07415277 c:EntityControlledByKeyManagementPersonnel1 c:SaleOrPurchaseGoods 2021-01-01 2021-12-31 07415277 c:EntityControlledByKeyManagementPersonnel2 c:SaleOrPurchaseGoods 2021-01-01 2021-12-31 07415277 c:EntityControlledByKeyManagementPersonnel1 c:SaleOrPurchaseGoods 2021-12-31 07415277 c:EntityControlledByKeyManagementPersonnel2 c:SaleOrPurchaseGoods 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure

Careyjones Chapmantolcher Limited

Registered number: 07415277

Information for filing with the Registrar

For the year ended 31 December 2021

07415277

31 December 2021

CAREYJONES CHAPMANTOLCHER LIMITED

REGISTERED NUMBER: 07415277

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2021

		2021		2020
Note		£		£

Fixed assets
Investments	4		5,706		5,706
			5,706		5,706

Creditors: amounts falling due within one year	5	(5,510)		(5,510)
Net current liabilities			(5,510)		(5,510)
Total assets less current liabilities			196		196

Net assets			196		196

Capital and reserves
Called up share capital	6	196	196
		196	196

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 September 2022.

T R N Tolcher

Director

The notes on pages 2 to 5 form part of these financial statements.

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07415277

31 December 2021

CAREYJONES CHAPMANTOLCHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1.	General information

Careyjones Chapmantolcher Limited ("the company") is a private company limited by shares, incorporated in England and Wales. The address of its principal place of business is Rose Wharf, 78 East Street, Leeds, LS9 8EE.
The immediate and ultimate parent company is CJCT Group Limited, a company registered in England and Wales which owns 100% of the issued share capital of the company.
The principal activity of the company is that of a holding company. The principal activity of the Group continues to be that of architects and interior designers.
These financial statements have been presented in pound sterling which is the functional currency of
the company, and rounded to the nearest £.

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 Companies Act 2006.

2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Going concern

The Company's forecasts, taking account of reasonably possible changes in trading performance of the subsidiaries, show that they should be able to operate within their current working capital facilities. In common with other businesses in the architectural profession, the forecasts include a certain amount of fee income that is not secured at the date of approval of these financial statements, however based on historic and current trading, the director expects the trading subsidiaries to be able to achieve those projected fees.
The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and continue to adopt the going concern basis of accounting in preparing the annual financial statements. The director has considered a period in excess of twelve months from the date of approval of these financial statements in making his assessment.

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07415277

31 December 2021

CAREYJONES CHAPMANTOLCHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

2.4

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'.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

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.

2.7

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.

Employees

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

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07415277

31 December 2021

CAREYJONES CHAPMANTOLCHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 January 2021	5,706
	At 31 December 2021	5,706

Subsidiary undertakings
The following were subsidiary undertakings of the company:
Name	Registered office	Principal activity	Class of shares	Holding

	Careyjones Chapmantolcher (Studio South) Limited	Studio 104, 338-346 Goswell Road, London EC1V 7LQ	Architectural Design	Ordinary Shares	100%
	CJCT (Studio North) Limited	Rose Wharf, 78 East Street, Leeds, LS9 8EE	Architectural Design	Ordinary Shares	100%

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

Amounts owed to group undertakings	5,100	5,100
Other creditors	410	410
	5,510	5,510

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.

6.	Share capital
		2021	2020
		£	£

Allotted, called up and fully paid

196 (2020 - 196) Ordinary shares of £1.00 each	196	196

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07415277

31 December 2021

CAREYJONES CHAPMANTOLCHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Reserves

Profit & loss account

The profit & loss account comprises accumulated profits and losses less any dividends declared by the balance sheet date.

8.	Related party transactions
	The Company has taken advantage of the exemption in FRS 102 section 33 not to disclose transactions with other wholly owned members of the group. Dividends of £600,000 were paid during the year (2020: £840,000) to its parent company, CJCT Group Limited. The amounts due to related parties at 31 December 2021 were as follows.

		2021	2020
		£	£

	Shareholder loans	(410)	(410)
	CJCT (Studio North) Limited	(5,100)	(5,100)

9.	Post balance sheet events

On 24 February 2022 Russian Forces entered Ukraine, resulting in Western Nation reactions including announcements of sanctions against Russia and Russian interests worldwide and an economic ripple effect on the global economy. The Director has carried out an assessment of the potential impact of Russian Forces entering Ukraine on the business, including the impact of mitigation measures and uncertainties, and have concluded that this is a non-adjusting post balance sheet event with the greatest impact on the business expected to be from the economic ripple effect on the global economy. The Director has taken account of these potential impacts in their going concern assessment.
A dividend of £400k was paid post year end to its parent company, CJCT Group Limited.

10.	Controlling party

The immediate and ultimate parent company is CJCT Group Limited, a company registered in England and Wales which owns 100% of the issued share capital of the Company.
The ultimate controlling party is Mr T R N Tolcher, a director of the Company, due to his shareholding in CJCT Group Limited.

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