Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3152023-04-01falseArchitectural Design Services5truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC413133 2023-04-01 2024-03-31 OC413133 2024-03-31 OC413133 2022-09-01 2023-03-31 OC413133 2023-03-31 OC413133 c:PlantMachinery 2023-04-01 2024-03-31 OC413133 c:PlantMachinery 2024-03-31 OC413133 c:PlantMachinery 2023-03-31 OC413133 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC413133 c:CurrentFinancialInstruments 2024-03-31 OC413133 c:CurrentFinancialInstruments 2023-03-31 OC413133 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC413133 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC413133 d:FRS102 2023-04-01 2024-03-31 OC413133 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC413133 d:FullAccounts 2023-04-01 2024-03-31 OC413133 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC413133 2 2023-04-01 2024-03-31 OC413133 d:PartnerLLP1 2023-04-01 2024-03-31 OC413133 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC413133 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-03-31 OC413133 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC413133 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC413133 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company Registration Number OC413133























HTC ARCHITECTS LLP





UNAUDITED
FINANCIAL STATEMENTS





 31 MARCH 2024

























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HTC ARCHITECTS LLP
REGISTERED NUMBER: OC413133

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
53,062

  
-
53,062

Current assets
  

Debtors: amounts falling due within one year
 5 
101,213
440,771

Cash at bank and in hand
 6 
102,486
208,461

  
203,699
649,232

Creditors: Amounts Falling Due Within One Year
 7 
(52,951)
(67,725)

Net current assets
  
 
 
150,748
 
 
581,507

Total assets less current liabilities
  
150,748
634,569

  

Net assets
  
150,748
634,569


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
  
70,748
554,569

  
70,748
554,569

Members' other interests
  

Members' capital classified as equity
  
80,000
80,000

  
 
80,000
 
80,000

  
150,748
634,569


Total members' interests
  

Loans and other debts due to members
  
70,748
554,569

Members' other interests
  
80,000
80,000

  
150,748
634,569


Page 1

 
HTC ARCHITECTS LLP
REGISTERED NUMBER: OC413133

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 profit and loss account 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: 

P Humphreys
Designated member
Date: 13 February 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
HTC ARCHITECTS LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 MARCH 2024






EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Total
Other amounts
Total
Total

£
£
£
£
£

Members' interests after profit for the year
80,000
80,000
690,310
690,310
770,310

Other division of profits
-
-
67,438
67,438
67,438

Drawings on account and distribution of profit
-
-
(203,179)
(203,179)
(203,179)

Amounts due to members
554,569
554,569

Balance at 31 March 2023
80,000
80,000
554,569
554,569
634,569

Members' interests after profit for the year
80,000
80,000
554,569
554,569
634,569

Other division of profits
-
-
12,558
12,558
12,558

Drawings on account and distribution of profit
-
-
(496,379)
(496,379)
(496,379)

Amounts due to members
70,748
70,748

Balance at 31 March 2024 
80,000
80,000
70,748
70,748
150,748

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
HTC ARCHITECTS LLP
 

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

1.


General information

The LLP is registered in England and Wales.
The address of the registered office is York Place Studio, Britannia Street, Leeds, England, LS1 2DZ.

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

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and Loss Account in the same period as the related expenditure.

 
2.5

Interest income

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

Page 4

 
HTC ARCHITECTS LLP
 

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

2.Accounting policies (continued)

 
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 Statement of Financial Position. 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 automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense.

 
2.8

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
-
25%

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.

 
2.9

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 5

 
HTC ARCHITECTS LLP
 

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

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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

2024
2023
£
£

Wages and salaries
197,603
64,618

Cost of defined contribution scheme
14,523
9,439

212,126
74,057


The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 6

 
HTC ARCHITECTS LLP
 

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

4.


Tangible fixed assets





Plant and machinery

£





At 1 April 2023
94,841


Disposals
(94,841)



At 31 March 2024

-





At 1 April 2023
41,779


Charge for the year on owned assets
2,433


Disposals
(44,212)



At 31 March 2024

-



Net book value



At 31 March 2024
-



At 31 March 2023
53,062


5.


Debtors

2024
2023
£
£


Trade debtors
50,738
113,754

Other debtors
50,475
327,017

101,213
440,771



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
102,486
208,461

102,486
208,461


Page 7

 
HTC ARCHITECTS LLP
 

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

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
28,793
54,950

Other taxation and social security
18,658
10,025

Accruals and deferred income
5,500
2,750

52,951
67,725



8.


Related party transactions

Amounts totalling £47,975 are disclosed in other debtors as owing from HTC Architects (Leeds) Limited.


Page 8