Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-08-01false11truetruefalse SO307322 2023-08-01 2024-03-31 SO307322 2022-08-01 2023-07-31 SO307322 2024-03-31 SO307322 2023-07-31 SO307322 c:PlantMachinery 2023-08-01 2024-03-31 SO307322 c:PlantMachinery 2024-03-31 SO307322 c:PlantMachinery 2023-07-31 SO307322 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-08-01 2024-03-31 SO307322 c:MotorVehicles 2023-08-01 2024-03-31 SO307322 c:MotorVehicles 2024-03-31 SO307322 c:MotorVehicles 2023-07-31 SO307322 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-08-01 2024-03-31 SO307322 c:OfficeEquipment 2023-08-01 2024-03-31 SO307322 c:OfficeEquipment 2024-03-31 SO307322 c:OfficeEquipment 2023-07-31 SO307322 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-08-01 2024-03-31 SO307322 c:OwnedOrFreeholdAssets 2023-08-01 2024-03-31 SO307322 c:CurrentFinancialInstruments 2024-03-31 SO307322 c:CurrentFinancialInstruments 2023-07-31 SO307322 c:Non-currentFinancialInstruments 2024-03-31 SO307322 c:Non-currentFinancialInstruments 2023-07-31 SO307322 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 SO307322 c:CurrentFinancialInstruments c:WithinOneYear 2023-07-31 SO307322 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 SO307322 c:Non-currentFinancialInstruments c:AfterOneYear 2023-07-31 SO307322 d:FRS102 2023-08-01 2024-03-31 SO307322 d:AuditExempt-NoAccountantsReport 2023-08-01 2024-03-31 SO307322 d:FullAccounts 2023-08-01 2024-03-31 SO307322 d:LimitedLiabilityPartnershipLLP 2023-08-01 2024-03-31 SO307322 d:PartnerLLP1 2023-08-01 2024-03-31 SO307322 d:PartnerLLP2 2023-08-01 2024-03-31 SO307322 d:PartnerLLP3 2023-08-01 2024-03-31 SO307322 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 SO307322 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-07-31 SO307322 e:PoundSterling 2023-08-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: SO307322










KIMBER GLEN INTERNATIONAL LLP
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
KIMBER GLEN INTERNATIONAL LLP
 

INFORMATION




Designated Members

Paul Kimber
Niall Glen

LLP registered number

SO307322

Registered office

Muirfield
Duncrub
Dunning
Scotland
PH2 0QN

Accountants

EQ Accountants Limited
Chartered Accountants
Westby
64 West High Street
Forfar
Angus
DD8 1BJ


 
KIMBER GLEN INTERNATIONAL LLP
REGISTERED NUMBER: SO307322

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

31 March
31 July
2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
74,389
49,862

  
74,389
49,862

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
20,762
147,880

Bank and cash balances
  
51,359
40,429

  
72,121
188,309

Creditors: Amounts Falling Due Within One Year
 6 
(43,528)
(159,391)

NET CURRENT ASSETS
  
 
 
28,593
 
 
28,918

TOTAL ASSETS LESS CURRENT LIABILITIES
  
102,982
78,780

Creditors: amounts falling due after more than one year
  
(25,347)
(11,648)

  
77,635
67,132

  

NET ASSETS
  
77,635
67,132


REPRESENTED BY:
  

LOANS AND OTHER DEBTS DUE TO MEMBERS WITHIN ONE YEAR
  

MEMBERS' OTHER INTERESTS
  

Members' capital classified as equity
  
77,635
67,132

  
 
77,635
 
67,132

  
77,635
67,132


TOTAL MEMBERS' INTERESTS
  

Members' other interests
  
77,635
67,132

  
77,635
67,132

Page 1

 
KIMBER GLEN INTERNATIONAL LLP
REGISTERED NUMBER: SO307322

STATEMENT OF FINANCIAL POSITION (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 on 2 December 2024.




Paul Kimber
Niall Glen
Designated member
Designated member

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

Kimber Glen International 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

 
KIMBER GLEN INTERNATIONAL LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Kimber Glen International LLP is a limited liability partnership, incorporated in Scotland, with registration number SO307322. The registered office is Muirfield, Duncrub, Dunning, Scotland, PH2 0QN.
The financial statements are presented in Sterling which is the functional currency of the limited liability partnership and rounded to the nearest £.

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

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.

 
2.3

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.

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.

Page 3

 
KIMBER GLEN INTERNATIONAL LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

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.

 
2.5

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 .

 
2.6

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:

Plant and machinery
-
20%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
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.

 
2.7

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.

Page 4

 
KIMBER GLEN INTERNATIONAL LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.8

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 period was 1 (2023 - 1).


4.


TANGIBLE FIXED ASSETS







Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



COST OR VALUATION


At 1 August 2023
17,194
45,950
7,632
70,776


Additions
1,575
45,983
849
48,407


Disposals
-
(17,500)
-
(17,500)



At 31 March 2024

18,769
74,433
8,481
101,683



DEPRECIATION


At 1 August 2023
3,963
14,769
2,182
20,914


Charge for the period on owned assets
1,975
11,220
841
14,036


Disposals
-
(7,656)
-
(7,656)



At 31 March 2024

5,938
18,333
3,023
27,294



NET BOOK VALUE



At 31 March 2024
12,831
56,100
5,458
74,389



At 31 July 2023
13,231
31,181
5,450
49,862

Page 5

 
KIMBER GLEN INTERNATIONAL LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


DEBTORS

31 March
31 July
2024
2023
£
£


Trade debtors
5,250
93,468

Other debtors
5,749
-

Prepayments and accrued income
9,763
54,412

20,762
147,880



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31 March
31 July
2024
2023
£
£

Trade creditors
18,849
78,560

Other taxation and social security
-
17,836

Obligations under finance lease and hire purchase contracts
13,442
5,641

Other creditors
3,442
996

Accruals and deferred income
7,795
56,358

43,528
159,391



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31 March
31 July
2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
25,347
11,648

25,347
11,648



Page 6