Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-052024-04-050falseNo description of principal activity2023-04-06true0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC427909 2023-04-06 2024-04-05 OC427909 2022-04-06 2023-04-05 OC427909 2024-04-05 OC427909 2023-04-05 OC427909 c:CurrentFinancialInstruments 2024-04-05 OC427909 c:CurrentFinancialInstruments 2023-04-05 OC427909 c:CurrentFinancialInstruments c:WithinOneYear 2024-04-05 OC427909 c:CurrentFinancialInstruments c:WithinOneYear 2023-04-05 OC427909 d:FRS102 2023-04-06 2024-04-05 OC427909 d:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 OC427909 d:FullAccounts 2023-04-06 2024-04-05 OC427909 d:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 OC427909 d:PartnerLLP1 2023-04-06 2024-04-05 OC427909 d:PartnerLLP2 2023-04-06 2024-04-05 OC427909 e:PoundSterling 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure

Registered number: OC427909









MILES LEWIS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2024

 
MILES LEWIS LLP
REGISTERED NUMBER: OC427909

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2023
Note
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 4 
35,600
13,778

Cash at bank and in hand
 5 
61,704
70,968

  
97,304
84,746

Creditors: Amounts Falling Due Within One Year
 6 
(5,279)
(5,035)

NET CURRENT ASSETS
  
 
 
92,025
 
 
79,711

  

NET ASSETS
  
92,025
79,711


REPRESENTED BY:
  

LOANS AND OTHER DEBTS DUE TO MEMBERS WITHIN ONE YEAR
  

Other amounts
 7 
92,025
79,711

  


Loans and other debts due to members
  
92,025
79,711

  
92,025
79,711

Page 1

 
MILES LEWIS LLP
REGISTERED NUMBER: OC427909
    
BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 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: 




Mrs Y Lewis
Mr M E Lewis
Designated member
Designated member


Date: 27 December 2024
Date:27 December 2024

The notes on pages 3 to 5 form part of these financial statements.

Miles Lewis 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

 
MILES LEWIS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


GENERAL INFORMATION

Miles Lewis LLP, (OC427909), is a private limited liability partnership, limited by guarantee, incorporated in England and Wales, with is registered office and principal place of business at Holy Land, Threapwood, Malpas, Cheshire, SY14 7AL.

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

After making enquires, the Partners have a reasonable expectation that the LLP has adequate
resources to continue in operational existence for the foreseeable future. The LLP therefore
continues to adopt the going concern basis in preparing its financial statements. 

 
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. 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

 
MILES LEWIS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

RESEARCH AND DEVELOPMENT

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


EMPLOYEES









The entity has no employees.


4.


DEBTORS

2024
2023
£
£


Trade debtors
33,250
10,000

Prepayments and accrued income
2,350
3,778

35,600
13,778

Page 4

 
MILES LEWIS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

4.DEBTORS (CONTINUED)



5.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
61,704
70,968

61,704
70,968



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
32
85

Other taxation and social security
3,146
3,015

Accruals and deferred income
2,101
1,935

5,279
5,035



7.


LOANS AND OTHER DEBTS DUE TO MEMBERS


2024
2023
£
£



Other amounts due to members
92,025
79,711

92,025
79,711

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

2024
2023
£
£



Falling due within one year
92,025
79,711

92,025
79,711

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

 
Page 5