Caseware UK (AP4) 2023.0.135 2023.0.135 42023-04-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC426439 2023-04-01 2024-03-31 OC426439 2022-04-01 2023-03-31 OC426439 2024-03-31 OC426439 2023-03-31 OC426439 c:FurnitureFittings 2023-04-01 2024-03-31 OC426439 c:FurnitureFittings 2024-03-31 OC426439 c:FurnitureFittings 2023-03-31 OC426439 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC426439 c:ComputerEquipment 2023-04-01 2024-03-31 OC426439 c:ComputerEquipment 2024-03-31 OC426439 c:ComputerEquipment 2023-03-31 OC426439 c:ComputerEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC426439 c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC426439 c:CurrentFinancialInstruments 2024-03-31 OC426439 c:CurrentFinancialInstruments 2023-03-31 OC426439 c:Non-currentFinancialInstruments 2024-03-31 OC426439 c:Non-currentFinancialInstruments 2023-03-31 OC426439 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC426439 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC426439 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC426439 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-31 OC426439 d:FRS102 2023-04-01 2024-03-31 OC426439 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC426439 d:FullAccounts 2023-04-01 2024-03-31 OC426439 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC426439 2 2023-04-01 2024-03-31 OC426439 d:PartnerLLP1 2023-04-01 2024-03-31 OC426439 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC426439 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC426439 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: OC426439













Bulien LLP

Financial statements
Information for filing with the registrar

31 March 2024




 
Bulien LLP


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
17,564
10,219

  
17,564
10,219

Current assets
  

Debtors
 5 
247,497
376,683

Cash at bank and in hand
  
1,700,334
157,855

  
1,947,831
534,538

Creditors: amounts falling due within one year
 6 
(1,532,320)
(325,343)

Net current assets
  
 
 
415,511
 
 
209,195

Total assets less current liabilities
  
433,075
219,414

Creditors: amounts falling due after more than one year
 7 
-
(22,435)

  
433,075
196,979

  

Net assets
  
433,075
196,979


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
433,075
196,979

  
433,075
196,979

  

  
433,075
196,979


Total members' interests
  

Loans and other debts due to members
 8 
433,075
196,979

Members' funds
  
433,075
196,979


1

 
Bulien LLP

    
Balance sheet (continued)
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 on 4 November 2024.




D Westwood
Designated member

Limited liability partnership registered number: OC426439
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Bulien LLP
 
 

Notes to the financial statements
Year ended 31 March 2024

1.


General information

Bulien LLP is a limited liability partnership incorporated in England and Wales. The registered office is The
Core, Bath Lane, Newcastle Helix, Newcastle upon Tyne, NE4 5TF. The limited liability partnership's principal activities are disclosed in the Members' Report

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 following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
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.

3

 
Bulien LLP
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

 
2.7

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, as shown below.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Straight line
Computer equipment
-
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.



4

 
Bulien LLP
 
 

Notes to the financial statements
Year ended 31 March 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 2).


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost 


At 1 April 2023
730
16,518
17,248


Additions
1,964
10,011
11,975



At 31 March 2024

2,694
26,529
29,223



Depreciation


At 1 April 2023
316
6,713
7,029


Charge for the year
185
4,445
4,630



At 31 March 2024

501
11,158
11,659



Net book value



At 31 March 2024
2,193
15,371
17,564



At 31 March 2023
414
9,805
10,219


5.


Debtors

2024
2023
£
£


Trade debtors
241,927
373,460

Prepayments and accrued income
5,570
3,223

247,497
376,683


5

 
Bulien LLP
 
 

Notes to the financial statements
Year ended 31 March 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
9,953

Trade creditors
539,891
226,334

Other taxation and social security
138,042
48,525

Other creditors
796
281

Accruals and deferred income
853,591
40,250

1,532,320
325,343



7.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
22,435

-
22,435



8.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
433,075
196,979

433,075
196,979

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

2024
2023
£
£



Falling due within one year
433,075
196,979

433,075
196,979

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

 
6