Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-01falseThe principal activities of the LLP are the conservation of wall paintings and the investigation, monitoring and control of environmental and other causes of deterioration in historic buildings.45truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC338996 2022-09-01 2023-08-31 OC338996 2021-09-01 2022-08-31 OC338996 2023-08-31 OC338996 2022-08-31 OC338996 c:PlantMachinery 2022-09-01 2023-08-31 OC338996 c:PlantMachinery 2023-08-31 OC338996 c:PlantMachinery 2022-08-31 OC338996 c:PlantMachinery c:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 OC338996 c:MotorVehicles 2022-09-01 2023-08-31 OC338996 c:MotorVehicles 2023-08-31 OC338996 c:MotorVehicles 2022-08-31 OC338996 c:MotorVehicles c:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 OC338996 c:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 OC338996 c:CurrentFinancialInstruments 2023-08-31 OC338996 c:CurrentFinancialInstruments 2022-08-31 OC338996 c:CurrentFinancialInstruments c:WithinOneYear 2023-08-31 OC338996 c:CurrentFinancialInstruments c:WithinOneYear 2022-08-31 OC338996 d:FRS102 2022-09-01 2023-08-31 OC338996 d:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 OC338996 d:FullAccounts 2022-09-01 2023-08-31 OC338996 d:LimitedLiabilityPartnershipLLP 2022-09-01 2023-08-31 OC338996 d:PartnerLLP1 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: OC338996









TOBIT CURTEIS ASSOCIATES LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
TOBIT CURTEIS ASSOCIATES LLP
REGISTERED NUMBER: OC338996

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2023
2022
2022
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 4 
6,778
11,157

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
60,075
70,860

Cash at bank and in hand
  
14,854
16,556

  
74,929
87,416

Creditors: Amounts Falling Due Within One Year
 6 
(12,660)
(18,028)

NET CURRENT ASSETS
  
 
 
62,269
 
 
69,388

  

NET ASSETS
  
69,047
80,545


REPRESENTED BY:
  

LOANS AND OTHER DEBTS DUE TO MEMBERS WITHIN ONE YEAR
  

Other amounts
  
69,047
80,545

  
69,047
80,545


TOTAL MEMBERS' INTERESTS
  

Loans and other debts due to members
  
69,047
80,545


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.

Page 1

 
TOBIT CURTEIS ASSOCIATES LLP
REGISTERED NUMBER: OC338996
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

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



T A Curteis
Designated member

Date: 17 January 2024

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

Page 2

 
TOBIT CURTEIS ASSOCIATES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


GENERAL INFORMATION

Tobit Curteis LLP is a limited liability partnership incorporated in England and Wales. Its registered office is 33 Cavendish Avenue, Cambridge, CB1 7UR.
The functional and presentational currency of the LLP is GBP.

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 comprises revenue recognised by the LLP in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

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.

 
2.4

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.

Page 3

 
TOBIT CURTEIS ASSOCIATES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.4
TANGIBLE FIXED ASSETS (CONTINUED)

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:

Equipment
-
25%
straight line
Motor vehicles
-
25%
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.

 
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 - 5).

Page 4

 
TOBIT CURTEIS ASSOCIATES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


TANGIBLE FIXED ASSETS





Equipment
Motor vehicles
Total

£
£
£



COST OR VALUATION


At 1 September 2022
44,475
23,003
67,478



At 31 August 2023

44,475
23,003
67,478



DEPRECIATION


At 1 September 2022
33,318
23,003
56,321


Charge for the year on owned assets
4,379
-
4,379



At 31 August 2023

37,697
23,003
60,700



NET BOOK VALUE



At 31 August 2023
6,778
-
6,778



At 31 August 2022
11,157
-
11,157


5.


DEBTORS

2023
2022
£
£


Trade debtors
58,225
69,167

Other debtors
778
-

Prepayments and accrued income
1,072
1,693

60,075
70,860


Page 5

 
TOBIT CURTEIS ASSOCIATES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other taxation and social security
8,412
13,955

Other creditors
1,798
1,798

Accruals and deferred income
2,450
2,275

12,660
18,028


Other creditors include contributions of £260 (2022 - £401) payable to the LLP's defined contribution pension scheme at the balance sheet date.

 
Page 6