Caseware UK (AP4) 2022.0.179 2022.0.179 No description of principal activity2022-04-01false00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC398648 2022-04-01 2023-03-31 OC398648 2021-04-01 2022-03-31 OC398648 2023-03-31 OC398648 2022-03-31 OC398648 c:ComputerEquipment 2022-04-01 2023-03-31 OC398648 c:ComputerEquipment 2023-03-31 OC398648 c:ComputerEquipment 2022-03-31 OC398648 c:ComputerEquipment c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 OC398648 c:CurrentFinancialInstruments 2023-03-31 OC398648 c:CurrentFinancialInstruments 2022-03-31 OC398648 c:Non-currentFinancialInstruments 2023-03-31 OC398648 c:Non-currentFinancialInstruments 2022-03-31 OC398648 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC398648 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC398648 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-31 OC398648 c:Non-currentFinancialInstruments c:AfterOneYear 2022-03-31 OC398648 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2023-03-31 OC398648 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2022-03-31 OC398648 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2023-03-31 OC398648 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2022-03-31 OC398648 d:FRS102 2022-04-01 2023-03-31 OC398648 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 OC398648 d:FullAccounts 2022-04-01 2023-03-31 OC398648 d:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC398648 2 2022-04-01 2023-03-31 OC398648 d:PartnerLLP1 2022-04-01 2023-03-31 OC398648 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC398648 c:FurtherSpecificReserve3ComponentTotalEquity 2022-03-31 iso4217:GBP xbrli:pure

Registered number: OC398648










Wynterhill LLP








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2023

 
Wynterhill LLP
Registered number: OC398648

Balance Sheet
As at 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
24,694
11,612

  
24,694
11,612

Current assets
  

Debtors: amounts falling due within one year
 4 
511,818
587,570

Cash at bank and in hand
  
325,538
397,375

  
837,356
984,945

Creditors: Amounts Falling Due Within One Year
 5 
(431,049)
(630,205)

Net current assets
  
 
 
406,307
 
 
354,740

Total assets less current liabilities
  
431,001
366,352

Creditors: amounts falling due after more than one year
 6 
(142,556)
(288,352)

  
288,445
78,000

  

Net assets
  
288,445
78,000


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
288,445
78,000

  
288,445
78,000

  

  
288,445
78,000


Total members' interests
  

Loans and other debts due to members
 8 
198,445
18,000

Members' other interests
  
90,000
60,000

  
288,445
78,000


Page 1

 
Wynterhill LLP
Registered number: OC398648

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 J Hill
Designated member
Date: 27 November 2023

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
Wynterhill LLP
 

Reconciliation of Members' Interests
For the Year Ended 31 March 2023




EQUITY
Members' other interests
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Total

£
£
£

Members' remuneration charged as an expense
-
1,046,041
1,046,041

Members' interests after profit for the year
60,000
1,088,607
1,148,607

Drawings on account and distribution of profit
-
(1,070,607)
(1,070,607)

Amounts due to members
18,000

Balance at 31 March 2022
60,000
18,000
78,000

Members' remuneration charged as an expense
-
1,419,066
1,419,066

Members' interests after profit for the year
60,000
1,437,066
1,497,066

Amounts introduced by members
30,000
-
30,000

Drawings on account and distribution of profit
-
(1,238,621)
(1,238,621)

Amounts due to members
198,445

Balance at 31 March 2023 
90,000
198,445
288,445

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 3

 
Wynterhill LLP
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

1.


General information

Wynterhill LLP is a limited liability partnership domiciled in the United Kingdom. The address of its registered office and principal place of business are disclosed on the company information page. The principal activity of the LLP in the period was that of a firm of solicitors.  

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

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.

 
2.3

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 Profit and Loss Account in the same period as the related expenditure.

 
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 provided on the following basis:

Computer equipment
-
Straight line over 3 years

Page 4

 
Wynterhill LLP
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

2.Accounting policies (continued)

 
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 profit and loss account.

 
2.6

Debtors

Short term debtors are measured at transaction price 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.

 
2.8

Financial instruments

The Company only enters into basic finanacial instrument transactions that result in the recognition of
finanacial 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.

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.11

Interest income

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

 
2.12

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 5

 
Wynterhill LLP
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

3.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2022
28,969


Additions
21,267



At 31 March 2023

50,236



Depreciation


At 1 April 2022
17,357


Charge for the year on owned assets
8,185



At 31 March 2023

25,542



Net book value



At 31 March 2023
24,694



At 31 March 2022
11,612

Page 6

 
Wynterhill LLP
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

4.


Debtors

2023
2022
£
£


Trade debtors
497,827
446,019

Other debtors
2
130,288

Prepayments
13,989
11,263

511,818
587,570



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
159,900
215,593

Trade creditors
58,380
151,488

Other taxation and social security
98,921
61,467

Accruals and deferred income
113,848
201,657

431,049
630,205



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
142,556
288,352

142,556
288,352


Page 7

 
Wynterhill LLP
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2023

7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
159,900
215,593


159,900
215,593

Amounts falling due 1-2 years

Other loans
109,619
156,451


109,619
156,451

Amounts falling due 2-5 years

Other loans
32,937
131,901


32,937
131,901


302,456
503,945



8.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to/(from) members
198,445
18,000

198,445
18,000

Loans and other debts due to members fall due within one year of the year end.

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


9.


Related party transactions

During the year the LLP paid amounts of £22,000 (2022: £18,300) to Wynterhill Services Limited, a company which Start Hill is director. At the year end there was an amount outstanding of £61,899 (2022: £ 73,945) which is included in note 7.

Page 8