Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-312022-04-01falseProvision of staff to group companies171175falsetruefalse OC397262 2022-04-01 2023-03-31 OC397262 2021-04-01 2022-03-31 OC397262 2023-03-31 OC397262 2022-03-31 OC397262 c:MotorVehicles 2023-03-31 OC397262 c:MotorVehicles 2022-03-31 OC397262 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 OC397262 c:CurrentFinancialInstruments 2023-03-31 OC397262 c:CurrentFinancialInstruments 2022-03-31 OC397262 c:Non-currentFinancialInstruments 2023-03-31 OC397262 c:Non-currentFinancialInstruments 2022-03-31 OC397262 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC397262 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC397262 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-31 OC397262 c:Non-currentFinancialInstruments c:AfterOneYear 2022-03-31 OC397262 d:FRS102 2022-04-01 2023-03-31 OC397262 d:Audited 2022-04-01 2023-03-31 OC397262 d:FullAccounts 2022-04-01 2023-03-31 OC397262 d:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC397262 c:HirePurchaseContracts c:WithinOneYear 2023-03-31 OC397262 c:HirePurchaseContracts c:WithinOneYear 2022-03-31 OC397262 c:HirePurchaseContracts c:BetweenOneFiveYears 2023-03-31 OC397262 c:HirePurchaseContracts c:BetweenOneFiveYears 2022-03-31 OC397262 d:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 OC397262 d:PartnerLLP1 2022-04-01 2023-03-31 OC397262 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: OC397262









EAST & NORD LLP









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
EAST & NORD LLP
REGISTERED NUMBER: OC397262

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
23,690
36,050

Current assets
  

Debtors: amounts falling due within one year
 5 
2,411,197
2,335,858

Cash at bank and in hand
  
282,668
496,600

  
2,693,865
2,832,458

Creditors: Amounts Falling Due Within One Year
 6 
(767,259)
(951,995)

Net current assets
  
 
 
1,926,606
 
 
1,880,463

Total assets less current liabilities
  
1,950,296
1,916,513

Creditors: amounts falling due after more than one year
 7 
(24,745)
(30,414)

  

Net assets
  
1,925,551
1,886,099


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
1,615,100
1,615,100

Other amounts
  
310,451
270,999

  
1,925,551
1,886,099


Total members' interests
  

Loans and other debts due to members
  
1,925,551
1,886,099


Page 1

 
EAST & NORD LLP
REGISTERED NUMBER: OC397262
    
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 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 April 2024.




R Apostol
Designated member

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

East & Nord 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

 
EAST & NORD LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 MARCH 2023





DEBT
Loans and other debts due to members less any amounts due from members in debtors
Members' capital (classified as debt)
Other amounts
Total

£
£
£

Balance at 1 April 2021
1,615,100
184,456
1,799,556

Division of profits
-
343,355
343,355

Drawings
 
-
(256,812)
(256,812)

Amounts due to members
 
1,615,100
270,999
1,886,099

Balance at 31 March 2022
1,615,100
270,999
1,886,099

Division of profits
-
452,077
452,077

Drawings
 
-
(412,625)
(412,625)

Amounts due to members
 
1,615,100
310,451
1,925,551

Balance at 31 March 2023 
1,615,100
310,451
1,925,551

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

 
EAST & NORD LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

East & Nord LLP "the LLP" is a limited liability partnership incorporated in England and Wales. Its registered office is 22 Lamson Road, Rainham, Essex, Engalnd, RM13 9YY. 

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

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.4

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.

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

 
2.6

Operating leases: the LLP as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 4

 
EAST & NORD LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 171 (2022 - 175).

Page 5

 
EAST & NORD LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 April 2022
49,440



At 31 March 2023

49,440



Depreciation


At 1 April 2022
13,390


Charge for the year on financed assets
12,360



At 31 March 2023

25,750



Net book value



At 31 March 2023
23,690



At 31 March 2022
36,050


5.


Debtors

2023
2022
£
£


Amounts owed by joint ventures and associated undertakings
747,093
638,620

Other debtors
1,615,000
1,615,000

Prepayments and accrued income
49,104
82,238

2,411,197
2,335,858


Page 6

 
EAST & NORD LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,047
159,775

Other taxation and social security
367,102
367,896

Obligations under finance lease and hire purchase contracts
5,670
5,670

Other creditors
353,498
285,456

Accruals and deferred income
39,942
133,198

767,259
951,995



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
24,745
30,414



8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
36,084
5,670

Between 1-5 years
-
30,415

36,084
36,085


9.


Pension commitments

The entity operates a defined contributions pension scheme. The assets of the scheme are heldseparately from those of the entity in an independently administered fund. The pension cost charge represents contributions payable by the entity to the fund and amounted to £99,643 (2022 - £90,513).Contributions of £3,317 (2022 - £5,443) were due to the fund at the year end.


10.


Related party transactions

During the year the LLP charged a company that is a member of the LLP £5,669,261 (2022 - £5,273,442) of services provided. At the balance sheet date the LLP is owed £747,093 by the company (2022 - £638,620). 

Page 7

 
EAST & NORD LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

11.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2023 was unqualified.

The audit report was signed on 12 April 2024 by Stuart Moon (Senior statutory auditor) on behalf of Barnes Roffe LLP.

 
Page 8