Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-012falseNo description of principal activity2falsetrue OC419955 2022-04-01 2023-03-31 OC419955 2021-04-01 2022-03-31 OC419955 2023-03-31 OC419955 2022-03-31 OC419955 c:ComputerEquipment 2022-04-01 2023-03-31 OC419955 c:ComputerEquipment 2023-03-31 OC419955 c:ComputerEquipment 2022-03-31 OC419955 c:ComputerEquipment c:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 OC419955 c:CurrentFinancialInstruments 2023-03-31 OC419955 c:CurrentFinancialInstruments 2022-03-31 OC419955 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC419955 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC419955 d:FRS102 2022-04-01 2023-03-31 OC419955 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 OC419955 d:FullAccounts 2022-04-01 2023-03-31 OC419955 d:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC419955 d:PartnerLLP1 2022-04-01 2023-03-31 OC419955 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC419955 c:FurtherSpecificReserve3ComponentTotalEquity 2022-03-31 iso4217:GBP xbrli:pure

Registered number: OC419955









STATERA PARTNERS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
STATERA PARTNERS LLP
REGISTERED NUMBER: OC419955

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
721
1,083

  
721
1,083

Current assets
  

Cash at bank and in hand
  
9,699
8,352

  
9,699
8,352

Creditors: Amounts Falling Due Within One Year
 5 
(2,749)
(2,750)

Net current assets
  
 
 
6,950
 
 
5,602

Total assets less current liabilities
  
7,671
6,685

  

Net assets
  
7,671
6,685


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 6 
7,671
6,685

  
7,671
6,685

  

  
7,671
6,685


Total members' interests
  

Loans and other debts due to members
 6 
7,671
6,685

  
7,671
6,685


Page 1

 
STATERA PARTNERS LLP
REGISTERED NUMBER: OC419955
    
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 on 11 February 2024.




John Dawson
Designated member

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

Statera Partners 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

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Statera Partners LLP's registered office is 101 New Cavendish Street, London, W1W 6XH (registered number: OC419955). The financial statements are presented in Sterling, which is the functional currency of the partnership.

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.

Page 3

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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
-
33%

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.

 
2.4

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 2 (2022 - 2).

Page 4

 
STATERA PARTNERS 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
2,428



At 31 March 2023

2,428



Depreciation


At 1 April 2022
1,346


Charge for the year on owned assets
361



At 31 March 2023

1,707



Net book value



At 31 March 2023
721



At 31 March 2022
1,083


5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,500
1,500

Accruals and deferred income
1,249
1,250

2,749
2,750


Page 5

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to members
7,671
6,685

7,671
6,685

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

2023
2022
£
£



Falling due within one year
7,671
6,685

7,671
6,685

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

 
Page 6