Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30592022-05-01falseLLP59truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC365026 2022-05-01 2023-04-30 OC365026 2021-05-01 2022-04-30 OC365026 2023-04-30 OC365026 2022-04-30 OC365026 c:CurrentFinancialInstruments 2023-04-30 OC365026 c:CurrentFinancialInstruments 2022-04-30 OC365026 c:CurrentFinancialInstruments c:WithinOneYear 2023-04-30 OC365026 c:CurrentFinancialInstruments c:WithinOneYear 2022-04-30 OC365026 d:FRS102 2022-05-01 2023-04-30 OC365026 d:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 OC365026 d:FullAccounts 2022-05-01 2023-04-30 OC365026 d:LimitedLiabilityPartnershipLLP 2022-05-01 2023-04-30 OC365026 d:PartnerLLP1 2022-05-01 2023-04-30 OC365026 d:PartnerLLP2 2022-05-01 2023-04-30 OC365026 d:PartnerLLP3 2022-05-01 2023-04-30 OC365026 d:PartnerLLP4 2022-05-01 2023-04-30 OC365026 d:PartnerLLP11 2022-05-01 2023-04-30 OC365026 c:FurtherSpecificReserve3ComponentTotalEquity 2023-04-30 OC365026 c:FurtherSpecificReserve3ComponentTotalEquity 2022-04-30 iso4217:GBP xbrli:pure

Registered number: OC365026









CLARKSON WRIGHT & JAKES SERVICES LLP







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 

INFORMATION




Designated Members

D J K Greenhalgh
A J Mehlin
A C Wright

EH Carey
G E Clarke
A J Custis
J N Lawton
B J Madden
C E Schneck
J L Wilson
A K Wormald
J M Curran - resigned 31 December 2022
LLP registered number

OC365026

Registered office

Valiant House
12 Knoll Rise
Orpington
Kent
BR6 0PG

Accountants

Barnes Roffe LLP
Chartered Accountants
Charles Lake House
Claire Causeway
Crossways Business Park
Dartford
Kent
DA2 6QA


 
CLARKSON WRIGHT & JAKES SERVICES LLP
 

CONTENTS



Page
Members' report
 
1 - 2
Accountants' report
 
3
Statement of comprehensive income
 
4
Balance sheet
 
5 - 6
Reconciliation of members' interests
 
7
Notes to the financial statements
 
8 - 11


 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
  
MEMBERS' REPORT
FOR THE YEAR ENDED 30 APRIL 2023

The members present their annual report together with the unaudited financial statements of Clarkson Wright & Jakes Services LLP (the "LLP") for the year ended 30 April 2023.
 

Designated Members
 
 
A C Wright, D J K Greenhalgh and A J Mehlin were designated members of the LLP throughout the period. 
 

 
Members' capital and interests
 
 
Each member's subscription to the capital of the LLP is determined by agreement of the members, in accordance with the LLP deed, and is repayable following retirement from the LLP.
 
 
Details of changes in members' capital in the ended 30 April 2023 are set out in the Reconciliation of members' interests.
 
 
Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares monthly during the year in which it is made, with the balance of profits being distributed after the year, subject to the cash requirements of the business.
 

Members' responsibilities statement
 
 
The members are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
 
 
Company law, (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period.

In preparing these financial statements, the members are required to:
 
select suitable accounting policies and then apply them consistently;
 
make judgments and accounting estimates that are reasonable and prudent;
 
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.
 

Page 1

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
MEMBERS' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
 
 
The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and to enable them to ensure that the financial statements comply with the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of the Companies Act 2006) Regulations 2008)They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
 
This report was approved by the members on           and signed on their behalf by:
 
 



A J Mehlin
Designated member
Page 2

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CLARKSON WRIGHT & JAKES SERVICES LLP
FOR THE YEAR ENDED 30 APRIL 2023

In order to assist you to fulfil your duties under the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), we have prepared for your approval the financial statements of Clarkson Wright & Jakes Services LLP for the year ended 30 April 2023 which comprise the Statement of comprehensive income, the Balance sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the members in accordance with the terms of our engagement letter dated 11 August 2022Our work has been undertaken solely to prepare for your approval the financial statements of Clarkson Wright & Jakes Services LLP  and state those matters that we have agreed to state to the Clarkson Wright & Jakes Services LLP's members in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clarkson Wright & Jakes Services LLP and its members for our work or for this report. 

It is your duty to ensure that Clarkson Wright & Jakes Services LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clarkson Wright & Jakes Services LLP. You consider that Clarkson Wright & Jakes Services LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Clarkson Wright & Jakes Services LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Barnes Roffe LLP
Chartered Accountants
Charles Lake House
Claire Causeway
Crossways Business Park
Dartford
Kent
DA2 6QA
 
Date: 
10 October 2023
Page 3

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 APRIL 2023

2023
2022
£
£

  

Turnover
  
3,080,245
2,981,107

Cost of sales
  
(2,457,289)
(2,355,563)

Gross profit
  
 
622,956
 
625,544

Administrative expenses
  
(79,299)
(60,141)

Other operating income
  
-
5,530

Operating profit
  
 
543,657
 
570,933

Profit for the year before members' remuneration and profit shares available for discretionary division among members
  
 
543,657
 
570,933

There were no recognised gains and losses for 2023 or 2022 other than those included in the statement of comprehensive income.

There was no other comprehensive income for 2023 (2022:£NIL).

The notes on pages 8 to 11 form part of these financial statements.

Page 4

 
CLARKSON WRIGHT & JAKES SERVICES LLP
REGISTERED NUMBER: OC365026

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
608,629
537,937

Cash at bank
 5 
14,208
33,320

  
622,837
571,257

Creditors: Amounts falling due within one year
 6 
(391,764)
(379,924)

Net current assets
  
 
 
231,073
 
 
191,333

Total assets less current liabilities
  
231,073
191,333

  

Net assets
  
231,073
191,333


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 7 
231,073
191,333

  
231,073
191,333

  

  
231,073
191,333


Total members' interests
  

Loans and other debts due to members
 7 
231,073
191,333

  
231,073
191,333


Page 5

 
CLARKSON WRIGHT & JAKES SERVICES LLP
REGISTERED NUMBER: OC365026
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 were approved and authorised for issue by the members and were signed on their behalf on 28 September 2023.




D J K Greenhalgh
A J Mehlin
Designated member
Designated member

The notes on pages 8 to 11 form part of these financial statements.

Page 6

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 APRIL 2023




EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Total

£
£
£

Amounts due to members 
205,930


Balance at 1 May 2021 
-
205,930
205,930

Profit for the year available for discretionary division among members
 
570,933
-
570,933

Members' interests after profit for the year
570,933
205,930
776,863

Other division of profits
(570,933)
570,933
-

Drawings on account and distribution of profit
-
(468,966)
(468,966)

Tax payments
-
(116,564)
(116,564)

Amounts due to members
191,333

Balance at 30 April 2022
-
191,333
191,333

Profit for the year available for discretionary division among members
 
543,657
-
543,657

Members' interests after profit for the year
543,657
191,333
734,990

Other division of profits
(543,657)
543,657
-

Drawings on account and distribution of profit
-
(413,296)
(413,296)

Tax payments
-
(90,621)
(90,621)

Amounts due to members
231,073

Balance at 30 April 2023 
-
231,073
231,073

The notes on pages 8 to 11 form part of these financial statements.

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 7

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Clarkson Wright & Jakes Services LLP is a Limited Liability Partnership incorporated in England and Wales. The address of the registered office is Valiant House, 12 Knoll Rise, Orpington, Kent, BR6 0PG. The principal activity of the partnership during the year has been that of the provision of staff support and services.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

Page 8

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

 
2.5

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 the Statement of comprehensive income.

 
2.6

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.

 
2.7

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.

 
2.8

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 59 (2022 - 59).

Page 9

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Debtors

2023
2022
£
£


Trade debtors
607,687
534,824

Other debtors
942
3,113

608,629
537,937



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
14,208
33,320

14,208
33,320



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
238,736
235,606

Other creditors
10,561
-

Accruals and deferred income
142,467
144,318

391,764
379,924


Page 10

 
CLARKSON WRIGHT & JAKES SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Loans and other debts due to members


2023
2022
£
£



Amounts due to members
231,073
191,333

231,073
191,333

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

2023
2022
£
£



Falling due within one year
231,073
191,333

231,073
191,333

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


8.


Pension commitments

The entity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the entity  in an independently administered fund. Contributions totalling £10,561 (2022 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 11