Caseware UK (AP4) 2023.0.135 2023.0.135 2022-11-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2018truetrue OC376140 2022-11-01 2024-03-31 OC376140 2021-11-01 2022-10-31 OC376140 2024-03-31 OC376140 2022-10-31 OC376140 c:Buildings c:LongLeaseholdAssets 2022-11-01 2024-03-31 OC376140 c:Buildings c:LongLeaseholdAssets 2024-03-31 OC376140 c:Buildings c:LongLeaseholdAssets 2022-10-31 OC376140 c:FurnitureFittings 2022-11-01 2024-03-31 OC376140 c:FurnitureFittings 2024-03-31 OC376140 c:FurnitureFittings 2022-10-31 OC376140 c:FurnitureFittings c:OwnedOrFreeholdAssets 2022-11-01 2024-03-31 OC376140 c:ComputerEquipment 2022-11-01 2024-03-31 OC376140 c:ComputerEquipment 2024-03-31 OC376140 c:ComputerEquipment 2022-10-31 OC376140 c:ComputerEquipment c:OwnedOrFreeholdAssets 2022-11-01 2024-03-31 OC376140 c:OwnedOrFreeholdAssets 2022-11-01 2024-03-31 OC376140 c:CurrentFinancialInstruments 2024-03-31 OC376140 c:CurrentFinancialInstruments 2022-10-31 OC376140 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC376140 c:CurrentFinancialInstruments c:WithinOneYear 2022-10-31 OC376140 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-11-01 2024-03-31 OC376140 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 OC376140 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-10-31 OC376140 d:FRS102 2022-11-01 2024-03-31 OC376140 d:AuditExempt-NoAccountantsReport 2022-11-01 2024-03-31 OC376140 d:FullAccounts 2022-11-01 2024-03-31 OC376140 d:LimitedLiabilityPartnershipLLP 2022-11-01 2024-03-31 OC376140 c:WithinOneYear 2024-03-31 OC376140 c:WithinOneYear 2022-10-31 OC376140 c:BetweenOneFiveYears 2024-03-31 OC376140 c:BetweenOneFiveYears 2022-10-31 OC376140 2 2022-11-01 2024-03-31 OC376140 d:PartnerLLP1 2022-11-01 2024-03-31 OC376140 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC376140 c:FurtherSpecificReserve2ComponentTotalEquity 2022-10-31 OC376140 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC376140 c:FurtherSpecificReserve3ComponentTotalEquity 2022-10-31 OC376140 e:PoundSterling 2022-11-01 2024-03-31 iso4217:GBP xbrli:pure


















Brahams Dutt Badrick French LLP























Unaudited

Financial statements



For the period ended 31 March 2024



Registered number: OC376140

 
Brahams Dutt Badrick French LLP - Registered number:OC376140


Statement of financial position
As at 31 March 2024

As at 31 March
As at 31 March
As at 31 October
As at 31 October
2024
2024
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
241,214
267,040

  
241,214
267,040

Current assets
  

Debtors due within 1 year
 5 
1,512,016
1,286,808

Cash at bank and in hand
  
1,516,170
1,483,270

  
3,028,186
2,770,078

Creditors: amounts falling due within one year
 6 
(1,059,362)
(868,862)

Net current assets
  
 
 
1,968,824
 
 
1,901,216

Total assets less current liabilities 
  
2,210,038
2,168,256

 
Provisions for liabilities
  

Other provisions
 7 
(43,134)
(27,200)

  
 
 
(43,134)
 
 
(27,200)

Net assets
  
2,166,904
2,141,056

Page 1

 
Brahams Dutt Badrick French LLP - Registered number:OC376140


Statement of financial position (continued)
As at 31 March 2024

As at 31 March
As at 31 March
As at 31 October
As at 31 October
2024
2024
2022
2022
Note
£
£
£
£

Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
850,000
836,000

Other amounts
 8 
165,262
(34,605)

  
1,015,262
801,395

Members' other interests
  

Other reserves classified as equity
  
1,151,642
1,339,661

  
 
1,151,642
 
1,339,661

  
2,166,904
2,141,056


Total members' interests
  

Loans and other debts due to members
 8 
1,015,262
801,395

Members' other interests
  
1,151,642
1,339,661

  
2,166,904
2,141,056


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: 




G E Brahams
Designated member

Date: 23 September 2024

Page 2

 
Brahams Dutt Badrick French LLP
 
 

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

1.


General information

Brahams Dutt Badrick French LLP is a limited liability partnership, incorporated in England and Wales. Its LLP
registration number is OC376140. The registered office and principal place of business of the LLP is Kings House, 36
King Street, London, EC2V 8BB.

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 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

Going concern

The LLP has sufficient liquid resources to continue as a going concern for the foreseeable future and the
members believe the LLP will be able to meet its liabilities as they fall due for at least twelve months from the
date of approval of the financial statements.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.4

Operating leases: the LLP as lessor

Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term.

Page 3

 
Brahams Dutt Badrick French LLP
 

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

2.Accounting policies (continued)

 
2.5

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:

Long-term leasehold property
-
10 years straight line
Fixtures and fittings
-
25% reducing balance
Computer equipment
-
3 years 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.

 
2.6

Debtors

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

 
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.

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the LLP a legal or constructive obligation that
probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the
amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the LLP becomes aware of the
obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle
the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial
position.


 
2.9

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.

Page 4

 
Brahams Dutt Badrick French LLP
 

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

2.Accounting policies (continued)

 
2.10

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 Statement of financial position. The assets of the plan are held separately from the LLP in independently administered funds.

 
2.11

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.

 
2.12

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.

  
2.13

Members' remuneration

Members' drawings, capital and profit allocation have been determined in accordance with FRS 102, the
Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland, including the
Statement of Recommended Practice (2015) and 'Accounting for Limited Liability Partnerships' and the LLP
agreement.
The profits of the LLP shall be divided between the members in accordance with their respective profit share,
and shall be credited to the members' current accounts as soon as the annual accounts for the relevant
accounting period are approved by the members in accordance with the LLP agreement.
To the extent that the share of profits allocated to any member in respect of any accounting period exceeds
the aggregate amount of drawings made by the member during the accounting period, the LLP shall
distribute such profits to the relevant member in accordance with its drawings policy.
The losses of the LLP shall be divided equally between the members in accordance with their respective profit
share percentages, and shall be debited to the members' current accounts as soon as the annual accounts for
the relevant accounting period are approved by the members. Provided that a member's current account has
a negative balance in an amount equal to or greater than the amount of their capital contributions, no further
losses may be allocated to that member.
The members' drawings policy allows each member to draw a proportion of their profit share, subject to the
cash requirements of the business.
Members shall contribute further capital which the members may from time to time determine is required for
the purposes of the business provided that no member shall be required to contribute any further capital on
insolvency of the LLP. Members' profit allocation includes interest on their working capital loans in accordance with the members' agreement. The members' capital requirement is linked
to their share of profit and the financing requirement of the LLP.

Page 5

 
Brahams Dutt Badrick French LLP
 

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

2.Accounting policies (continued)

 
2.14

Interest income

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


3.


Employees

The average monthly number of employees, including directors, during the period was 20 (2022 -18).


4.


Tangible fixed assets







Long-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 November 2022
305,201
31,427
76,231
412,859


Additions
-
25,617
31,926
57,543


Disposals
-
(4,754)
(32,996)
(37,750)



At 31 March 2024

305,201
52,290
75,161
432,652



Depreciation


At 1 November 2022
83,031
19,669
43,119
145,819


Charge for the period 
43,219
8,955
28,960
81,134


Disposals
-
(3,394)
(32,121)
(35,515)



At 31 March 2024

126,250
25,230
39,958
191,438



Net book value



At 31 March 2024
178,951
27,060
35,203
241,214



At 31 October 2022
222,170
11,758
33,112
267,040

Page 6

 
Brahams Dutt Badrick French LLP
 
 

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

5.


Debtors

As at 31 March
As at 31 October 
2024
2022
£
£


Trade debtors
1,083,695
900,907

Other debtors
11,926
12,631

Prepayments and accrued income
416,395
373,270

1,512,016
1,286,808



6.


Creditors: Amounts falling due within one year

As at 31 March
As at 31 October
2024
2022
£
£

Trade creditors
156,735
129,447

Other taxation and social security
431,525
218,886

Other creditors
8,642
7,599

Accruals and deferred income
462,460
512,930

1,059,362
868,862



7.


Provisions








Dilapidations

£





At 1 November 2022
27,200


Charged to profit and loss
15,934



At 31 March 2024
43,134

Page 7

 
Brahams Dutt Badrick French LLP
 
 

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

8.


Loans and other debts due to members


As at 31 March
As at 31 October
2024
2022
£
£



Members' capital treated as debt
850,000
836,000

Other amounts due to members
165,262
(34,605)

1,015,262
801,395

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

As at 31 March
As at 31 October
2024
2022
£
£



Falling due within one year
1,015,262
801,395

1,015,262
801,395

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


9.


Pension commitments

The LLP operates a defined contributions pension scheme on behalf of its members and certain employees. The
assets of the scheme are held separately from those of the LLP in an independently administered fund.
Contributions totaling £170,731 (2022: £87,055) were paid by the LLP to the fund during the period. Contributions
payable at the year end were £nil (2022: £nil).


10.


Commitments under operating leases

At 31 March 2024 the LLP had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

As at 31 March
As at 31 October
2024
2022
£
£


Not later than 1 year
214,999
216,456

Later than 1 year and not later than 5 years
362,823
663,608

577,822
880,064

Page 8