ACCOUNTS - Final Accounts

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-30false2021-10-0122truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02238231 2021-10-01 2022-09-30 02238231 2020-10-01 2021-09-30 02238231 2022-09-30 02238231 2021-09-30 02238231 c:Director2 2021-10-01 2022-09-30 02238231 d:PlantMachinery 2021-10-01 2022-09-30 02238231 d:PlantMachinery 2022-09-30 02238231 d:PlantMachinery 2021-09-30 02238231 d:PlantMachinery d:OwnedOrFreeholdAssets 2021-10-01 2022-09-30 02238231 d:MotorVehicles 2021-10-01 2022-09-30 02238231 d:Goodwill 2022-09-30 02238231 d:Goodwill 2021-09-30 02238231 d:CurrentFinancialInstruments 2022-09-30 02238231 d:CurrentFinancialInstruments 2021-09-30 02238231 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 02238231 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 02238231 d:ShareCapital 2022-09-30 02238231 d:ShareCapital 2021-09-30 02238231 d:CapitalRedemptionReserve 2022-09-30 02238231 d:CapitalRedemptionReserve 2021-09-30 02238231 d:RetainedEarningsAccumulatedLosses 2022-09-30 02238231 d:RetainedEarningsAccumulatedLosses 2021-09-30 02238231 c:OrdinaryShareClass1 2021-10-01 2022-09-30 02238231 c:OrdinaryShareClass1 2022-09-30 02238231 c:OrdinaryShareClass1 2021-09-30 02238231 c:FRS102 2021-10-01 2022-09-30 02238231 c:AuditExempt-NoAccountantsReport 2021-10-01 2022-09-30 02238231 c:FullAccounts 2021-10-01 2022-09-30 02238231 c:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 02238231 2 2021-10-01 2022-09-30 02238231 6 2021-10-01 2022-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02238231

JOBTHEME LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2022

JOBTHEME LIMITED

REGISTERED NUMBER: 02238231

BALANCE SHEET

AS AT 30 SEPTEMBER 2022

		2022		2021
Note		£		£

Fixed assets
Tangible assets	5		62		116
Current assets
Stocks		5,000		5,000
Debtors: amounts falling due within one year	7	68,454		62,673
Cash at bank		30,250		29,557
Current liabilities		103,704		97,230
Creditors: amounts falling due within one year	8	(3,710)		(2,903)
Net current assets			99,994		94,327
Total assets less current liabilities			100,056		94,443

Net assets			100,056		94,443

Capital and reserves
Called up share capital	9	40,000	40,000
Capital redemption reserve		76,650	76,650
Profit and loss account		(16,594)	(22,207)
		100,056	94,443

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JOBTHEME LIMITED

REGISTERED NUMBER: 02238231

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2022

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 to the small companies regime.

The Company has opted not to file the statement of income and retained earnings 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 by:

Mr I D James

Director

Date: 30 June 2023

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

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JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

1.	General information

Jobtheme Limited is a private Company limited by shares, incorporated in England and Wales within the United Kingdom. The address of the registered office is 287 Newmarket Road, Cambridge, CB5 8JE. This Company is not part of a group.

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.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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.

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.

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JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)

2.4

Interest income

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

2.5

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 corporation 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.

2.6

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.

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JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)

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 a reducing balance basis.

Depreciation is provided on the following basis:

				Plant and machinery	-	25%	reducing balance
				Motor vehicles	-	30%	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.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.9

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.

2.10

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.

2.11

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.

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JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)

2.12

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.

2.13

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

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JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 October 2021	10,375
	At 30 September 2022	10,375
	Amortisation
	At 1 October 2021	10,375
	At 30 September 2022	10,375
	Net book value
	At 30 September 2022	-
	At 30 September 2021	-

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JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

5.	Tangible fixed assets

		Other fixed assets
		£
	Cost
	At 1 October 2021	25,886
	Disposals	(1,042)
	At 30 September 2022	24,844
	Depreciation
	At 1 October 2021	25,770
	Charge for the year on owned assets	29
	Disposals	(1,017)
	At 30 September 2022	24,782
	Net book value
	At 30 September 2022	62
	At 30 September 2021	116

Page 8

JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

6.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 October 2021	1,000
	Disposals	(1,000)
	At 30 September 2022	-

	At 1 October 2021	1,000
	Impairment on disposals	(1,000)
	At 30 September 2022	-
	Net book value
	At 30 September 2022	-
	At 30 September 2021	-

Debtors

					2022	2021
					£	£


Trade debtors	996	161
Other debtors	67,458	62,512
	68,454	62,673

8.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Bank overdrafts	-	424
Trade creditors	1,980	-
Corporation tax	-	1
Accruals	1,730	2,478
	3,710	2,903

Page 9

JOBTHEME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

9.	Share capital
		2022	2021
		£	£

Allotted, called up and fully paid

40,000 (2021 - 40,000) Ordinary shares of £1.00 each	40,000	40,000

10.	Related party transactions
	During the year the Company operated a loan account with Dent Security Systems Limited, a Company under common control. The amount due from Dent Security Systems Limited at the year end was £64,968 (2021 - £60,074). This loan is interest free and repayable on demand.

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