Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity105truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC437125 2023-04-01 2024-03-31 OC437125 2022-04-01 2023-03-31 OC437125 2024-03-31 OC437125 2023-03-31 OC437125 c:FRS102 2023-04-01 2024-03-31 OC437125 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC437125 c:FullAccounts 2023-04-01 2024-03-31 OC437125 c:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC437125 2 2023-04-01 2024-03-31 OC437125 c:PartnerLLP1 2023-04-01 2024-03-31 OC437125 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC437125










BLC II FP LLP








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
BLC II FP LLP
REGISTERED NUMBER: OC437125

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Financial assets
 5 
380,326
199,849

  

Total assets less current liabilities
  
 
380,326
 
199,849

  

Net assets
  
380,326
199,849


Represented by:
  

Loans and other debts due to Members within one year
  

Loans and other debts due to Members
  
380,326
199,849

  

  
380,326
199,849


Total members' interests
  

Loans and other debts due to Members
 6 
380,326
199,849


Page 1

 
BLC II FP LLP
REGISTERED NUMBER: OC437125
    
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 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 by: 




J Houlker
Designated Member

Date: 17 September 2024

The notes on pages 3 to 4 form part of these financial statements.

BLC II FP 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

 
BLC II FP LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

BLC II FP LLP (the "LLP") is a Limited Liability Partnership incorporated in England and Wales in the United Kingdom. The address of the registered office is 25 Southampton Buildings, London, WC2A 1AL. 
The Financial Statements are presented in sterling which is the functional currency of the LLP and are rounded to the nearest £1.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Interest income

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

 
2.3

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.

 
2.4

Financial assets

Financial assets are measured at fair value through the Statement of Comprehensive Income.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements. 


4.


Employees




The average monthly number of employees, including Members, during the year was 10 (2023 - 5).

Page 3

 
BLC II FP LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Financial assets





Other fixed asset investments

£



Cost or valuation


At 1 April 2023
199,849


Additions
180,477



At 31 March 2024
380,326





6.


Loans and other debts due to Members


2024
2023
£
£



Members' capital treated as debt
380,326
199,849

380,326
199,849

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

2024
2023
£
£



Falling due after more than one year
380,326
199,849

380,326
199,849

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

Page 4