Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity6156falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC439432 2023-04-01 2024-03-31 OC439432 2022-04-01 2023-03-31 OC439432 2024-03-31 OC439432 2023-03-31 OC439432 c:PlantMachinery 2023-04-01 2024-03-31 OC439432 c:PlantMachinery 2024-03-31 OC439432 c:PlantMachinery 2023-03-31 OC439432 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC439432 c:MotorVehicles 2023-04-01 2024-03-31 OC439432 c:MotorVehicles 2024-03-31 OC439432 c:MotorVehicles 2023-03-31 OC439432 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC439432 c:OfficeEquipment 2023-04-01 2024-03-31 OC439432 c:OfficeEquipment 2024-03-31 OC439432 c:OfficeEquipment 2023-03-31 OC439432 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC439432 c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC439432 c:ComputerSoftware 2024-03-31 OC439432 c:ComputerSoftware 2023-03-31 OC439432 c:CurrentFinancialInstruments 2024-03-31 OC439432 c:CurrentFinancialInstruments 2023-03-31 OC439432 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC439432 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC439432 d:FRS102 2023-04-01 2024-03-31 OC439432 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC439432 d:FullAccounts 2023-04-01 2024-03-31 OC439432 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC439432 c:ComputerSoftware c:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 OC439432 c:ComputerSoftware c:OwnedIntangibleAssets 2023-04-01 2024-03-31 OC439432 d:PartnerLLP2 2023-04-01 2024-03-31 OC439432 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC439432 c:FurtherSpecificReserve2ComponentTotalEquity 2023-03-31 OC439432 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC439432









CROWNLEA CENTRAL SERVICES LLP







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
CROWNLEA CENTRAL SERVICES LLP
REGISTERED NUMBER: OC439432

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
                                                                        Note
£
£

Fixed assets
  

Intangible assets
 4 
493,404
377,778

Tangible assets
 5 
712,153
632,847

  
1,205,557
1,010,625

Current assets
  

Debtors: amounts falling due within one year
 6 
1,045,637
888,946

Cash at bank and in hand
  
7,750
13,283

  
1,053,387
902,229

Creditors: Amounts Falling Due Within One Year
 7 
(2,239,044)
(1,825,846)

Net current liabilities
  
 
 
(1,185,657)
 
 
(923,617)

Total assets less current liabilities
  
19,900
87,008

  

Net assets
  
19,900
87,008


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
81,283
114,993

Members' other interests
  

Other reserves classified as equity
  
(61,383)
(27,985)

  
19,900
87,008


Total members' interests
  

Loans and other debts due to members
 8 
81,283
114,993

Members' other interests
  
(61,383)
(27,985)

  
19,900
87,008


Page 1

 
CROWNLEA CENTRAL SERVICES LLP
REGISTERED NUMBER: OC439432
    
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 on 29 January 2025.




H Carter
Designated member

The notes on pages 3 to 9 form part of these financial statements.

Crownlea Central Services 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

 
CROWNLEA CENTRAL SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Crownlea Central Services LLP (''the LLP'') is a Limited Liability Partnership and is incorporated in England and Wales. The address of the registered office is Leytonstone House, Leytonstone, London, E11 1GA.

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.

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.

 
2.4

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

 
CROWNLEA CENTRAL SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

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

 
2.6

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.

 
2.7

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 both automatically and discretionarily. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in the Statement of comprehensive income. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

Profits of the LLP which are not yet divided among the members are shown under 'Other reserves' on the Balance sheet, pending a discretionary decision to divide the profits.

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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

 
CROWNLEA CENTRAL SERVICES 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 annual bases:

Plant and machinery
-
10%
Motor vehicles
-
10%
Office equipment
-
10%

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 61 (2023 - 56).

Page 5

 
CROWNLEA CENTRAL SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets



Computer software

£



Cost


At 1 April 2023
377,778


Additions
131,712



At 31 March 2024

509,490



Amortisation


Charge for the year on owned assets
16,086



At 31 March 2024

16,086



Net book value



At 31 March 2024
493,404



Page 6

 
CROWNLEA CENTRAL SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2023
10,880
578,994
91,750
681,624


Additions
1,741
147,478
42,502
191,721


Disposals
(1,741)
(25,571)
-
(27,312)



At 31 March 2024

10,880
700,901
134,252
846,033



Depreciation


At 1 April 2023
505
42,295
5,977
48,777


Charge for the year on owned assets
1,177
68,058
16,750
85,985


Disposals
(51)
(831)
-
(882)



At 31 March 2024

1,631
109,522
22,727
133,880



Net book value



At 31 March 2024
9,249
591,379
111,525
712,153

Page 7

 
CROWNLEA CENTRAL SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Trade debtors
669,045
569,990

Other debtors
2,567
6,279

Prepayments and accrued income
374,025
312,677

1,045,637
888,946



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
314
4,731

Trade creditors
410,792
723,224

Amounts owed to connected entities
889,652
632,597

Other taxation and social security
303,001
212,965

Other creditors
11,369
10,895

Accruals and deferred income
623,916
241,434

2,239,044
1,825,846



8.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
81,283
114,993

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

2024
2023
£
£



Falling due within one year
81,283
114,993

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

Page 8

 
CROWNLEA CENTRAL SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Pension commitments

The LLP operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the LLP in an independently administered fund. The pension cost charge represents contributions payable by the companny to the fund and amounted to £37,051 (2023 - £22,070). There were outstanding contributions payable to the fund at the balance sheet date of £11,369 (2023 - £10,895).

 
Page 9