Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3132023-09-01falseNo description of principal activity3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC302830 2023-09-01 2024-03-31 OC302830 2022-09-01 2023-08-31 OC302830 2024-03-31 OC302830 2023-08-31 OC302830 c:Buildings c:ShortLeaseholdAssets 2023-09-01 2024-03-31 OC302830 c:FurnitureFittings 2023-09-01 2024-03-31 OC302830 c:FurnitureFittings 2024-03-31 OC302830 c:FurnitureFittings 2023-08-31 OC302830 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-09-01 2024-03-31 OC302830 c:OfficeEquipment 2023-09-01 2024-03-31 OC302830 c:OfficeEquipment 2024-03-31 OC302830 c:OfficeEquipment 2023-08-31 OC302830 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-09-01 2024-03-31 OC302830 c:OwnedOrFreeholdAssets 2023-09-01 2024-03-31 OC302830 c:CurrentFinancialInstruments 2024-03-31 OC302830 c:CurrentFinancialInstruments 2023-08-31 OC302830 c:Non-currentFinancialInstruments 2024-03-31 OC302830 c:Non-currentFinancialInstruments 2023-08-31 OC302830 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC302830 c:CurrentFinancialInstruments c:WithinOneYear 2023-08-31 OC302830 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC302830 c:Non-currentFinancialInstruments c:AfterOneYear 2023-08-31 OC302830 d:FRS102 2023-09-01 2024-03-31 OC302830 d:AuditExempt-NoAccountantsReport 2023-09-01 2024-03-31 OC302830 d:FullAccounts 2023-09-01 2024-03-31 OC302830 d:LimitedLiabilityPartnershipLLP 2023-09-01 2024-03-31 OC302830 d:PartnerLLP1 2023-09-01 2024-03-31 OC302830 d:PartnerLLP2 2023-09-01 2024-03-31 OC302830 d:PartnerLLP3 2023-09-01 2024-03-31 OC302830 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC302830 c:FurtherSpecificReserve3ComponentTotalEquity 2023-08-31 OC302830 e:PoundSterling 2023-09-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: OC302830







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2024


STOCKWOOL LLP






































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STOCKWOOL LLP
 



INFORMATION




Designated Member

G J Redfern

Members

Stockwool Group LLP
E F Vandeweghe


LLP registered number

OC302830

Registered office

6 Orsman RoadLondonN1 5QJ

Accountants

Menzies LLP7-12 Travistock SquareLondonWC1H 9LT


 


STOCKWOOL LLP
 



CONTENTS



Page
Balance Sheet
1 - 2
Reconciliation of Members' Interests
3
Notes to the Financial Statements
4 - 8

 


STOCKWOOL LLP
REGISTERED NUMBER:OC302830



BALANCE SHEET
AS AT 31 MARCH 2024

31 March
31 August
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,259
3,629

  
2,259
3,629

Current assets
  

Debtors: amounts falling due within one year
 5 
98,198
216,605

Cash at bank and in hand
  
-
24,644

  
98,198
241,249

Creditors: Amounts Falling Due Within One Year
 6 
(88,613)
(94,690)

Net current assets
  
 
 
9,585
 
 
146,559

Total assets less current liabilities
  
11,844
150,188

Creditors: amounts falling due after more than one year
 7 
(15,625)
(52,083)

  
(3,781)
98,105

  

Net (liabilities)/assets
  
(3,781)
98,105


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
100
100

Other amounts
 8 
(3,881)
98,005

  
(3,781)
98,105

  

  
(3,781)
98,105


Total members' interests
  

Loans and other debts due to members
 8 
(3,781)
98,105

  
(3,781)
98,105

Page 1

 


STOCKWOOL LLP
REGISTERED NUMBER:OC302830


    
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 18 February 2025.




G J Redfern
Designated member

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

Stockwool 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

 


STOCKWOOL LLP
 



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





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

£
£
£

Members' interests after profit for the period
100
313,133
313,233

Other division of profits
-
104,538
104,538

Drawings on account and distribution of profit
-
(319,666)
(319,666)

Amounts due to members
100
98,005
98,105

Balance at 31 August 2023
100
98,005
98,105

Members' interests after profit for the period
100
98,005
98,105

Other division of profits
-
37,201
37,201

Drawings on account and distribution of profit
-
(139,087)
(139,087)

Amounts due to members
100
(3,881)
(3,781)

Balance at 31 March 2024 
100
(3,881)
(3,781)

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

 


STOCKWOOL LLP
 


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

1.


General information

Stockwool LLP is a limited liability partnership, registered in England and Wales, registration number OC302830.
The registered office is displayed on the information page and the trading address is the same as the registered office. The financial statements have been prepared for a shortened accounting period of 7 months ending 31 March 2024.

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 revenue can be reliably measured. Turnover is generated by designing buildings and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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 .

 
2.4

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.

Page 4

 


STOCKWOOL LLP
 


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

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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.

Depreciation is provided on the following basis:

Short-term leasehold property
-
25%
Straight line
Fixtures and fittings
-
25%
Straight line
Office equipment
-
25%
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.

 
2.5

Financial instruments

The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees




The average monthly number of employees during the period was 3 (2023 - 3).

Page 5

 


STOCKWOOL LLP
 


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

4.


Tangible fixed assets







Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
15,630
165,290
180,920



At 31 March 2024

15,630
165,290
180,920



Depreciation


At 1 September 2023
15,630
161,661
177,291


Charge for the period on owned assets
-
1,370
1,370



At 31 March 2024

15,630
163,031
178,661



Net book value



At 31 March 2024
-
2,259
2,259



At 31 August 2023
-
3,629
3,629


5.


Debtors

31 March
31 August
2024
2023
£
£


Trade debtors
26,348
157,938

Other debtors
1,869
-

Amounts recoverable on contracts
69,981
58,667

98,198
216,605


Page 6

 


STOCKWOOL LLP
 


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

6.


Creditors: Amounts falling due within one year

31 March
31 August
2024
2023
£
£

Bank overdrafts
7,202
-

Bank loans
62,500
62,500

Trade creditors
100
100

Other taxation and social security
-
4,635

Accruals and deferred income
18,811
27,455

88,613
94,690


The bank loan is secured by a fixed and floating charge over the assets of the partnership and other partnerships within the same group.


7.


Creditors: Amounts falling due after more than one year

31 March
31 August
2024
2023
£
£

Bank loans
15,625
52,083

15,625
52,083


The bank loan is secured by a fixed and floating charge over the assets of the partnership and other partnerships within the same group.

Page 7

 


STOCKWOOL LLP
 


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

8.


Loans and other debts due to members


31 March
31 August
2024
2023
£
£



Members' capital treated as debt
(100)
(100)

Other amounts due to members
3,881
(98,005)

3,781
(98,105)

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

31 March
31 August
2024
2023
£
£



Falling due within one year
3,881
(98,005)

Falling due after more than one year
(100)
(100)

3,781
(98,105)

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

 
Page 8