Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31trueNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-01false44true OC420755 2022-04-01 2023-03-31 OC420755 2021-04-01 2022-03-31 OC420755 2023-03-31 OC420755 2022-03-31 OC420755 c:MotorVehicles 2022-04-01 2023-03-31 OC420755 c:MotorVehicles 2023-03-31 OC420755 c:MotorVehicles 2022-03-31 OC420755 c:MotorVehicles c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 OC420755 c:FurnitureFittings 2022-04-01 2023-03-31 OC420755 c:FurnitureFittings 2023-03-31 OC420755 c:FurnitureFittings 2022-03-31 OC420755 c:FurnitureFittings c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 OC420755 c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 OC420755 c:CurrentFinancialInstruments 2023-03-31 OC420755 c:CurrentFinancialInstruments 2022-03-31 OC420755 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC420755 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC420755 d:FRS102 2022-04-01 2023-03-31 OC420755 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 OC420755 d:FullAccounts 2022-04-01 2023-03-31 OC420755 d:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC420755 2 2022-04-01 2023-03-31 OC420755 d:PartnerLLP1 2022-04-01 2023-03-31 OC420755 d:PartnerLLP2 2022-04-01 2023-03-31 OC420755 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-03-31 OC420755 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-03-31 OC420755 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC420755 c:FurtherSpecificReserve3ComponentTotalEquity 2022-03-31 iso4217:GBP xbrli:pure

Registered number: OC420755









RUCK & RUCK LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
RUCK & RUCK LLP
REGISTERED NUMBER: OC420755

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,765
4,572

  
3,765
4,572

Current assets
  

Debtors: amounts falling due within one year
 5 
34,296
22,802

Cash at bank and in hand
 6 
159,617
193,995

  
193,913
216,797

Creditors: Amounts Falling Due Within One Year
 7 
(17,295)
(23,602)

Net current assets
  
 
 
176,618
 
 
193,195

Total assets less current liabilities
  
180,383
197,767

  

Net assets
  
180,383
197,767


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
141,207
158,591

  
141,207
158,591

Members' other interests
  

Members' capital classified as equity
  
39,176
39,176

  
 
39,176
 
39,176

  
180,383
197,767


Total members' interests
  

Loans and other debts due to members
 8 
141,207
158,591

Members' other interests
  
39,176
39,176

  
180,383
197,767


Page 1

 
RUCK & RUCK LLP
REGISTERED NUMBER: OC420755
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




S Rogers
A M Rogers
Designated member
Designated member


Date: 14 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Ruck & Ruck LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2

 
RUCK & RUCK LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Ruck & Ruck LLP is a limited liability partnership firm incorporated in England & Wales. It's registered 101 New Cavendish Street, 1st Floor South, London, England, United Kingdom, W1W 6XH.

2.Accounting policies

 
2.1

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP 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:

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 LLP 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.

 
2.2

Interest income

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

 
2.3

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in.

Page 3

 
RUCK & RUCK LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

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:

Motor vehicles
-
25%
Reducing Balance
Fixtures and fittings
-
15%
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.

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 4

 
RUCK & RUCK LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 April 2022
3,345
5,670
9,015



At 31 March 2023

3,345
5,670
9,015



Depreciation


At 1 April 2022
2,139
2,304
4,443


Charge for the year on owned assets
301
506
807



At 31 March 2023

2,440
2,810
5,250



Net book value



At 31 March 2023
905
2,860
3,765



At 31 March 2022
1,206
3,366
4,572


5.


Debtors

2023
2022
£
£


Trade debtors
17,031
13,692

Other debtors
17,265
9,110

34,296
22,802



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
159,617
193,995

159,617
193,995


Page 5

 
RUCK & RUCK LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
5,632
11,939

Other creditors
5,913
5,913

Accruals and deferred income
5,750
5,750

17,295
23,602



8.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to members
141,207
158,591

141,207
158,591

Loans and other debts due to members may be further analysed as follows:

2023
2022
£
£



Falling due within one year
141,207
158,591

141,207
158,591

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

 
Page 6