Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-312022-04-01false2true2falseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC362686 2022-04-01 2023-03-31 OC362686 2021-04-01 2022-03-31 OC362686 2023-03-31 OC362686 2022-03-31 OC362686 c:FurnitureFittings 2022-04-01 2023-03-31 OC362686 c:FurnitureFittings 2023-03-31 OC362686 c:FurnitureFittings 2022-03-31 OC362686 c:CurrentFinancialInstruments 2023-03-31 OC362686 c:CurrentFinancialInstruments 2022-03-31 OC362686 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC362686 c:CurrentFinancialInstruments c:WithinOneYear 2022-03-31 OC362686 d:FRS102 2022-04-01 2023-03-31 OC362686 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 OC362686 d:FullAccounts 2022-04-01 2023-03-31 OC362686 d:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC362686 d:PartnerLLP1 2022-04-01 2023-03-31 OC362686 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC362686 c:FurtherSpecificReserve3ComponentTotalEquity 2022-03-31 OC362686 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: OC362686









HUNTER GATHER LONDON LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
HUNTER GATHER LONDON LLP
REGISTERED NUMBER: OC362686

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
5,366
4,649

Cash at bank and in hand
 6 
48,169
9,949

  
53,535
14,598

Creditors: Amounts Falling Due Within One Year
 7 
(7,544)
(3,220)

Net current assets
  
 
 
45,991
 
 
11,378

Total assets less current liabilities
  
45,991
11,378

  

Net assets
  
45,991
11,378


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
45,991
11,378

  
45,991
11,378

  

  
45,991
11,378


Total members' interests
  

Loans and other debts due to members
 8 
45,991
11,378

  
45,991
11,378


Page 1

 
HUNTER GATHER LONDON LLP
REGISTERED NUMBER: OC362686
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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: 




................................................
D F Bradshaw
Designated member

Date: 20 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Hunter Gather London 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

 
HUNTER GATHER LONDON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Hunter Gather London LLP is a limited liability partnership incorporated in England and Wales. Its registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. The principal place of business is 110a Lauriston Road, London, E9 7HA.

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

Going concern

In assessing the ability of the LLP to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the members consider it appropriate to prepare the financial statements on a going concern basis.
Accordingly the members have continued to prepare the financial statements on the going concern basis.

 
2.3

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.

 
2.4

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 .

 
2.5

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.

Page 3

 
HUNTER GATHER LONDON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.5
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:

Fixtures and fittings
-
20% 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.

 
2.6

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.

 
2.7

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

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.


3.


Employees

The average monthly number of employees, including members, during the year was 2 (2022 - 2).

Page 4

 
HUNTER GATHER LONDON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 April 2022
617



At 31 March 2023

617



Depreciation


At 1 April 2022
617



At 31 March 2023

617



Net book value



At 31 March 2023
-



At 31 March 2022
-


5.


Debtors

2023
2022
£
£


Other debtors
5,366
4,649

5,366
4,649



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
48,169
9,949

48,169
9,949


Page 5

 
HUNTER GATHER LONDON LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
720

Other creditors
5,044
-

Accruals and deferred income
2,500
2,500

7,544
3,220



8.


Loans and other debts due to members


2023
2022
£
£



Other amounts due to members
(45,991)
(11,378)

(45,991)
(11,378)

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

2023
2022
£
£



Falling due within one year
(45,991)
(11,378)

(45,991)
(11,378)

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

 
Page 6