Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-310false2022-04-01No description of principal activity0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC372385 2022-04-01 2023-03-31 OC372385 2021-04-01 2022-03-31 OC372385 2023-03-31 OC372385 2022-03-31 OC372385 c:ComputerEquipment 2022-04-01 2023-03-31 OC372385 c:ComputerEquipment 2023-03-31 OC372385 c:ComputerEquipment 2022-03-31 OC372385 c:ComputerEquipment c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 OC372385 c:CurrentFinancialInstruments 2023-03-31 OC372385 c:CurrentFinancialInstruments 2022-03-31 OC372385 c:CurrentFinancialInstruments 2 2023-03-31 OC372385 c:CurrentFinancialInstruments 2 2022-03-31 OC372385 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC372385 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC372385 e:FRS102 2022-04-01 2023-03-31 OC372385 e:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 OC372385 e:FullAccounts 2022-04-01 2023-03-31 OC372385 e:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC372385 6 2022-04-01 2023-03-31 OC372385 e:PartnerLLP2 2022-04-01 2023-03-31 OC372385 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-03-31 OC372385 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-03-31 iso4217:GBP xbrli:pure

Registered number: OC372385









SIMON CHATTERTON LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
SIMON CHATTERTON LLP
REGISTERED NUMBER: OC372385

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
799
1,064

Investments
 5 
5,888
5,888

  
6,687
6,952

Current assets
  

Debtors: amounts falling due within one year
 6 
109,005
126,694

Cash at bank and in hand
 7 
16,500
11

  
125,505
126,705

Creditors: Amounts Falling Due Within One Year
 8 
(111,192)
(112,657)

Net current assets
  
 
 
14,313
 
 
14,048

Total assets less current liabilities
  
21,000
21,000

  

Net assets
  
21,000
21,000


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
21,000
21,000

  
 
21,000
 
21,000

  
21,000
21,000


Total members' interests
  

Amounts due from members (included in debtors)
 6 
(109,004)
(126,693)

Members' other interests
  
21,000
21,000

  
(88,004)
(105,693)


Page 1

 
SIMON CHATTERTON LLP
REGISTERED NUMBER: OC372385
    
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 profit and loss account 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 Chatterton
Designated member

Date: 18 October 2023

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

Simon Chatterton 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

 
SIMON CHATTERTON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Simon Chatterton LLP is a limited liability partnership incorporated in England and Wales. The trading address is 43-45 Market Street, Marple, Cheshire, SK6 7AA. The registered number is OC372385. 

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 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

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.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
20%
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 profit or loss.

Page 3

 
SIMON CHATTERTON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted LLP shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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.

 
2.8

Financial instruments

The LLP 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.


3.


Employees

The entity has no employees.

Page 4

 
SIMON CHATTERTON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2022
1,326



At 31 March 2023

1,326



Depreciation


At 1 April 2022
262


Charge for the year on owned assets
265



At 31 March 2023

527



Net book value



At 31 March 2023
799



At 31 March 2022
1,064


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2022
5,888



At 31 March 2023
5,888




Page 5

 
SIMON CHATTERTON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors

2023
2022
£
£


Amounts due from members
109,004
126,693

109,004
126,693



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
16,500
11

16,500
11



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to other participating interests
110,577
112,657

Accruals
615
-

111,192
112,657


 
Page 6