Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activityfalse2023-04-0100truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC354383 2023-04-01 2024-03-31 OC354383 2022-04-01 2023-03-31 OC354383 2024-03-31 OC354383 2023-03-31 OC354383 c:MotorVehicles 2023-04-01 2024-03-31 OC354383 c:OfficeEquipment 2023-04-01 2024-03-31 OC354383 c:OfficeEquipment 2024-03-31 OC354383 c:OfficeEquipment 2023-03-31 OC354383 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC354383 c:CurrentFinancialInstruments 2024-03-31 OC354383 c:CurrentFinancialInstruments 2023-03-31 OC354383 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC354383 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC354383 d:FRS102 2023-04-01 2024-03-31 OC354383 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC354383 d:FullAccounts 2023-04-01 2024-03-31 OC354383 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC354383 d:PartnerLLP1 2023-04-01 2024-03-31 OC354383 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC354383 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-03-31 OC354383 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC354383 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 iso4217:GBP xbrli:pure

Registered number: OC354383










Blue Jack Associates LLP








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 March 2024

 
Blue Jack Associates LLP
Registered number: OC354383

Balance sheet
As at 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,532
282

  
1,532
282

Current assets
  

Debtors: amounts falling due within one year
 5 
6,987
2,621

Cash at bank and in hand
  
3,901
34,245

  
10,888
36,866

Creditors: Amounts Falling Due Within One Year
 6 
(3,350)
(3,627)

Net current assets
  
 
 
7,538
 
 
33,239

Total assets less current liabilities
  
9,070
33,521

  

Net assets
  
9,070
33,521


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 7 
8,070
32,521

  
8,070
32,521

Members' other interests
  

Members' capital classified as equity
  
1,000
1,000

  
 
1,000
 
1,000

  
9,070
33,521


Total members' interests
  

Loans and other debts due to members
 7 
8,070
32,521

Members' other interests
  
1,000
1,000

  
9,070
33,521

Page 1

 
Blue Jack Associates LLP
Registered number: OC354383

Balance sheet (continued)
As at 31 March 2024

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 on 9 September 2024.




Mr M P Graham
Designated member

The notes on pages 4 to 6 form part of these financial statements.

Blue Jack Associates 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

 
Blue Jack Associates LLP
 

Reconciliation of members' interests
For the year ended 31 March 2024




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

£
£
£

Amounts due to members 
43,924


Balance at 1 April 2022 
1,000
43,924
44,924

Members' interests after profit for the year
1,000
43,924
44,924

Other division of profits
-
102,525
102,525

Drawings
-
(113,928)
(113,928)

Amounts due to members
32,521

Balance at 31 March 2023
1,000
32,521
33,521

Members' interests after profit for the year
1,000
32,521
33,521

Other division of profits
-
47,352
47,352

Drawings
-
(71,803)
(71,803)

Amounts due to members
8,070

Balance at 31 March 2024 
1,000
8,070
9,070

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

 
Blue Jack Associates LLP
 

 
Notes to the financial statements
For the year ended 31 March 2024

1.


General information

The partnership is a limited liability partnership, domicilied in England & Wales. The partnership's
registered office is Second Floor,168 Shoreditch High Street, London, E1 6RA  and the principal activity in  the year under review was that of business consultancy 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

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

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:

Motor vehicles
-
25%
per year on cost
Office equipment
-
25%
per year on cost

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 the Profit and loss account.

Page 4

 
Blue Jack Associates LLP
 

 
Notes to the financial statements
For the year ended 31 March 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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.


3.


Employees

The entity has no employees.


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
6,458


Additions
2,030



At 31 March 2024

8,488



Depreciation


At 1 April 2023
6,176


Charge for the year on owned assets
780



At 31 March 2024

6,956



Net book value



At 31 March 2024
1,532



At 31 March 2023
282
Page 5

 
Blue Jack Associates LLP
 

 
Notes to the financial statements
For the year ended 31 March 2024

5.


Debtors

2024
2023
£
£


Trade debtors
5,800
1,800

Other debtors
391
-

Prepayments and accrued income
796
821

6,987
2,621



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
-
277

Accruals and deferred income
3,350
3,350

3,350
3,627



7.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
8,070
32,521

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

2024
2023
£
£



Falling due within one year
8,070
32,521

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


Page 6