Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity1617truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC303518 2023-04-01 2024-03-31 OC303518 2022-04-01 2023-03-31 OC303518 2024-03-31 OC303518 2023-03-31 OC303518 c:Buildings c:LongLeaseholdAssets 2023-04-01 2024-03-31 OC303518 c:Buildings c:ShortLeaseholdAssets 2023-04-01 2024-03-31 OC303518 c:Buildings c:ShortLeaseholdAssets 2024-03-31 OC303518 c:Buildings c:ShortLeaseholdAssets 2023-03-31 OC303518 c:PlantMachinery 2023-04-01 2024-03-31 OC303518 c:PlantMachinery 2024-03-31 OC303518 c:PlantMachinery 2023-03-31 OC303518 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC303518 c:MotorVehicles 2023-04-01 2024-03-31 OC303518 c:MotorVehicles 2024-03-31 OC303518 c:MotorVehicles 2023-03-31 OC303518 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC303518 c:FurnitureFittings 2023-04-01 2024-03-31 OC303518 c:FurnitureFittings 2024-03-31 OC303518 c:FurnitureFittings 2023-03-31 OC303518 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC303518 c:OfficeEquipment 2023-04-01 2024-03-31 OC303518 c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC303518 c:CurrentFinancialInstruments 2024-03-31 OC303518 c:CurrentFinancialInstruments 2023-03-31 OC303518 c:Non-currentFinancialInstruments 2024-03-31 OC303518 c:Non-currentFinancialInstruments 2023-03-31 OC303518 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC303518 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC303518 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC303518 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-31 OC303518 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2024-03-31 OC303518 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2023-03-31 OC303518 d:FRS102 2023-04-01 2024-03-31 OC303518 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC303518 d:FullAccounts 2023-04-01 2024-03-31 OC303518 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC303518 2 2023-04-01 2024-03-31 OC303518 d:PartnerLLP1 2023-04-01 2024-03-31 OC303518 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC303518 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC303518 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC303518









TATLERS LLP








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
TATLERS LLP
REGISTERED NUMBER: OC303518

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
24,780
25,849

  
24,780
25,849

Current assets
  

Debtors: amounts falling due within one year
 5 
59,409
91,311

Cash at bank and in hand
 6 
1,837,797
2,236,950

  
1,897,206
2,328,261

Creditors: Amounts Falling Due Within One Year
 7 
(796,083)
(660,339)

Net current assets
  
 
 
1,101,123
 
 
1,667,922

Total assets less current liabilities
  
1,125,903
1,693,771

Creditors: amounts falling due after more than one year
 8 
-
(8,341)

  
1,125,903
1,685,430

  

Net assets
  
1,125,903
1,685,430


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
15,000
15,000

Other amounts
 10 
1,110,903
1,670,430

  
1,125,903
1,685,430

  

  
1,125,903
1,685,430


Total members' interests
  

Loans and other debts due to members
 10 
1,125,903
1,685,430

  
1,125,903
1,685,430


Page 1

 
TATLERS LLP
REGISTERED NUMBER: OC303518
    
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 by: 




................................................
M Green
Designated member

Date: 18 November 2024

The notes on pages 3 to 8 form part of these financial statements.

Tatlers 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

 
TATLERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Tatlers LLP is a limited liability partnership. The LLP is registered in England and Wales and has a trading address of 288 Muswell Hill Broadway, Muswell Hill, London, N10 2QR. The LLP registered number is OC303518. 

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

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

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.

 
2.4

Interest income

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

 
2.5

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.

Page 3

 
TATLERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

 
2.8

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 .

 
2.9

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.

Page 4

 
TATLERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

L/Term Leasehold Property
-
Over the life of the lease - straight line
Plant & machinery
-
15% - reducing balance
Motor vehicles
-
15% - reducing balance
Fixtures & fittings
-
25% - reducing balance
Office equipment
-
25% - reducing balance

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.

 
2.10

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.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 16 (2023 - 17).

Page 5

 
TATLERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





S/Term Leasehold Property
Plant & machinery
Motor vehicles
Fixtures & fittings
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
48,014
59,934
130,667
162,819
401,434


Additions
-
-
-
4,770
4,770



At 31 March 2024

48,014
59,934
130,667
167,589
406,204



Depreciation


At 1 April 2023
48,014
57,435
115,014
155,121
375,584


Charge for the year on owned assets
-
375
2,348
3,117
5,840



At 31 March 2024

48,014
57,810
117,362
158,238
381,424



Net book value



At 31 March 2024
-
2,124
13,305
9,351
24,780



At 31 March 2023
-
2,498
15,653
7,698
25,849

Page 6

 
TATLERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
40,349
72,251

Other debtors
10,000
10,000

Prepayments and accrued income
9,060
9,060

59,409
91,311



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,837,797
2,236,950

1,837,797
2,236,950



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
67,773
87,593

Other creditors
728,310
572,746

796,083
660,339



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
8,341

-
8,341


Page 7

 
TATLERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
-
8,341

-
8,341

-
8,341



10.


Loans and other debts due to members


2024
2023
£
£



Members' capital treated as debt
(15,000)
(15,000)

Other amounts due to members
(1,110,903)
(1,670,430)

(1,125,903)
(1,685,430)



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


11.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The pension cost charge
represents contributions payable by the company to the fund and amounted to £13,812 (2023: £9,851)

 
Page 8