Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity00truetrue OC416076 2023-04-01 2024-03-31 OC416076 2022-04-01 2023-03-31 OC416076 2024-03-31 OC416076 2023-03-31 OC416076 c:ComputerEquipment 2023-04-01 2024-03-31 OC416076 c:ComputerEquipment 2024-03-31 OC416076 c:ComputerEquipment 2023-03-31 OC416076 c:CurrentFinancialInstruments 2024-03-31 OC416076 c:CurrentFinancialInstruments 2023-03-31 OC416076 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC416076 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC416076 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-04-01 2024-03-31 OC416076 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 OC416076 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-03-31 OC416076 d:FRS102 2023-04-01 2024-03-31 OC416076 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC416076 d:FullAccounts 2023-04-01 2024-03-31 OC416076 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC416076 d:PartnerLLP1 2023-04-01 2024-03-31 OC416076 d:PartnerLLP2 2023-04-01 2024-03-31 OC416076 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC416076 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: OC416076







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


NORTHWALL CYBER LLP






































img16b5.png                        

 


NORTHWALL CYBER LLP
 



INFORMATION




Designated Members

M K Brown
M C Culbert

LLP registered number

OC416076

Registered office

96 Kensington High StreetLondonW8 4SG

Accountants

Menzies LLPAshcombe House5 The CrescentLeatherheadSurreyKT22 8DY


 


NORTHWALL CYBER LLP
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6

 


NORTHWALL CYBER LLP
REGISTERED NUMBER:OC416076



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
34,113
27,619

Cash at bank and in hand
  
20,812
47,426

  
54,925
75,045

Creditors: amounts falling due within one year
 6 
(16,297)
(35,537)

Net current assets
  
 
 
38,628
 
 
39,508

Total assets less current liabilities
  
38,628
39,508

Provisions for liabilities
  

Post-retirement payments to former members
 7 
(14,937)
(20,043)

  
 
 
(14,937)
 
 
(20,043)

Net assets attributable to members
  
23,691
19,465


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
200
200

Other amounts
 8 
23,491
19,265

  
23,691
19,465

  

  
23,691
19,465


Total members' interests
  

Loans and other debts due to members
 8 
23,691
19,465

  
23,691
19,465

Page 1

 


NORTHWALL CYBER LLP
REGISTERED NUMBER:OC416076


    
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 income statement 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: 




M K Brown
Designated Member

Date: 31 January 2025

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

Northwall Cyber 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

 


NORTHWALL CYBER LLP
 


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

1.


General information

The entity is a limited liability partnership incorporated in England and Wales. The address of the registered office is disclosed on the information page.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue represents amounts receivable for services provided during the year in the normal course of business, net of VAT and other related taxes.
Revenue is either recognised on work completed, or in the case of ongoing service contracts revenue represents the value of work done in the year including estimates of amounts not invoiced.

 
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.

 
2.4

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, using the straight-line method.

The estimated useful lives range as follows:

Computer equipment
-
3 years straight line

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.

Page 3

 


NORTHWALL CYBER LLP
 


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

2.Accounting policies (continued)

 
2.5

Provisions for liabilities

Provisions are made where an event has taken place that gives the LLP a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the LLP becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.6

Financial instruments

The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

  
2.7

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
 
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
 
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
 
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the Statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the Statement of financial position.
 
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the Statement of comprehensive income and are equity appropriations in the Statement of financial position.
 
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
 
All amounts due to members that are classified as liabilities are presented in the Statement of financial position within 'Loans and other debts due to members' and are charged to the Statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of financial position within 'Members' other interests'.

Page 4

 


NORTHWALL CYBER LLP
 


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

3.


Employees

The entity has no employees.


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
3,376



At 31 March 2024

3,376



Depreciation


At 1 April 2023
3,376



At 31 March 2024

3,376



Net book value



At 31 March 2024
-



At 31 March 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
25,577
18,072

Other debtors
1,600
1,600

Prepayments and accrued income
6,936
7,947

34,113
27,619



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
5,434

Other taxation and social security
11,222
24,868

Accruals and deferred income
5,075
5,235

16,297
35,537


Page 5

 


NORTHWALL CYBER LLP
 


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

7.


Provisions





Post-retirement payments to former members

£





At 1 April 2023
20,043


Credited to profit and loss account
(5,106)



At 31 March 2024
14,937


8.


Loans and other debts due to members


2024
2023
£
£



Members' capital treated as debt
200
200

Amounts owed to members in respect of profits
23,491
19,265

23,691
19,465

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



 
Page 6