Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true152023-05-01falseNo description of principal activity19false OC404295 2023-05-01 2024-03-31 OC404295 2022-05-01 2023-04-30 OC404295 2024-03-31 OC404295 2023-04-30 OC404295 c:Director3 2023-05-01 2024-03-31 OC404295 c:Director4 2023-05-01 2024-03-31 OC404295 d:MotorVehicles 2023-05-01 2024-03-31 OC404295 d:MotorVehicles 2024-03-31 OC404295 d:MotorVehicles 2023-04-30 OC404295 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC404295 d:FurnitureFittings 2023-05-01 2024-03-31 OC404295 d:FurnitureFittings 2024-03-31 OC404295 d:FurnitureFittings 2023-04-30 OC404295 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC404295 d:ComputerEquipment 2023-05-01 2024-03-31 OC404295 d:ComputerEquipment 2024-03-31 OC404295 d:ComputerEquipment 2023-04-30 OC404295 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC404295 d:OwnedOrFreeholdAssets 2023-05-01 2024-03-31 OC404295 d:CurrentFinancialInstruments 2024-03-31 OC404295 d:CurrentFinancialInstruments 2023-04-30 OC404295 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 OC404295 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 OC404295 c:FRS102 2023-05-01 2024-03-31 OC404295 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-03-31 OC404295 c:FullAccounts 2023-05-01 2024-03-31 OC404295 c:LimitedLiabilityPartnershipLLP 2023-05-01 2024-03-31 OC404295 2 2023-05-01 2024-03-31 OC404295 4 2023-05-01 2024-03-31 OC404295 c:PartnerLLP2 2023-05-01 2024-03-31 OC404295 c:PartnerLLP4 2023-05-01 2024-03-31 OC404295 d:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC404295 d:FurtherSpecificReserve3ComponentTotalEquity 2023-04-30 OC404295 e:PoundSterling 2023-05-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC404295









UNSWORTH ROSE (SOLICITORS) LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
UNSWORTH ROSE (SOLICITORS) LLP
REGISTERED NUMBER: OC404295

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 April
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,091
3,533

  
5,091
3,533

Current assets
  

Debtors: amounts falling due within one year
 5 
408,674
394,649

Cash at bank and in hand
 6 
382,457
363,005

  
791,131
757,654

Creditors: Amounts Falling Due Within One Year
 7 
(83,404)
(96,651)

Net current assets
  
 
 
707,727
 
 
661,003

Total assets less current liabilities
  
712,818
664,536

  

Net assets
  
712,818
664,536


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
712,818
664,536

  
712,818
664,536

  

  
712,818
664,536


Total members' interests
  

Loans and other debts due to members
 8 
712,818
664,536

  
712,818
664,536


Page 1

 
UNSWORTH ROSE (SOLICITORS) LLP
REGISTERED NUMBER: OC404295
    
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: 




................................................
Melanie Lawrence
................................................
Ibrahim Aziz
Designated member
Designated member



................................................
Rachel Jackson
Designated member



................................................
Belinda Jones
Designated member








Date: 18 November 2024

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

Unsworth Rose (Solicitors) 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

 
UNSWORTH ROSE (SOLICITORS) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Unsworth Rose (Solicitors) LLP is a limited liability partnership incorporated in England and Wales, registration number OC404295. The registered office is 19 Princess Road, London, England, NW1 8JR.  

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.

Page 3

 
UNSWORTH ROSE (SOLICITORS) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing Balance
Fixtures and fittings
-
25%
Reducing Balance
Computer 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.

 
2.4

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

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.

 
2.6

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.

Page 4

 
UNSWORTH ROSE (SOLICITORS) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

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 .

 
2.8

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.9

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.

 
2.10

Interest income

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

 
2.11

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the LLP but are presented separately due to their size or incidence.


3.


Employees

The average monthly number of employees, including members, during the period was 15 (2023 - 19).

Page 5

 
UNSWORTH ROSE (SOLICITORS) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
692
14,379
-
15,071


Additions
-
-
3,060
3,060



At 31 March 2024

692
14,379
3,060
18,131



Depreciation


At 1 May 2023
599
10,938
-
11,537


Charge for the period on owned assets
23
860
620
1,503



At 31 March 2024

622
11,798
620
13,040



Net book value



At 31 March 2024
70
2,581
2,440
5,091



At 30 April 2023
93
3,441
-
3,534



Page 6

 
UNSWORTH ROSE (SOLICITORS) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Debtors

31 March
30 April
2024
2023
£
£


Trade debtors
272,836
250,135

Other debtors
524
-

Prepayments and accrued income
135,314
144,512

408,674
394,647



6.


Cash and cash equivalents

31 March
30 April
2024
2023
£
£

Cash at bank and in hand
382,457
363,005

382,457
363,005



7.


Creditors: Amounts falling due within one year

31 March
30 April
2024
2023
£
£

Other taxation and social security
61,318
68,942

Other creditors
10,086
15,710

Accruals and deferred income
12,000
11,999

83,404
96,651


Page 7

 
UNSWORTH ROSE (SOLICITORS) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

8.


Loans and other debts due to members


31 March
30 April
2024
2023
£
£



Other amounts due to members
712,818
664,536

712,818
664,536

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

31 March
30 April
2024
2023
£
£



Falling due within one year
712,818
664,536

712,818
664,536

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


9.


Client Balances

Unsworth Rose (Solicitors) LLP holds money on behalf of clients. These funds are held separately from money belonging to Unsworth Rose (Solicitors) LLP and are subject to the client money rules prescribed by The Solicitors Regulation Authority. At no time does Unsworth Rose (Solicitors) LLP have any legal title to these monies. Accordingly they are not reflected in Unsworth Rose (Solicitors) LLP 's balance sheet.


10.


Related party transactions

At the period end, a total of £8,659 was due to a former member of the practice.

 
Page 8