Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30truetruefalse2023-07-01falseNo description of principal activity162160truetrue OC376789 2023-07-01 2024-06-30 OC376789 2022-07-01 2023-06-30 OC376789 2024-06-30 OC376789 2023-06-30 OC376789 c:MotorVehicles 2023-07-01 2024-06-30 OC376789 c:MotorVehicles 2024-06-30 OC376789 c:MotorVehicles 2023-06-30 OC376789 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 OC376789 c:CurrentFinancialInstruments 2024-06-30 OC376789 c:CurrentFinancialInstruments 2023-06-30 OC376789 c:Non-currentFinancialInstruments 2024-06-30 OC376789 c:Non-currentFinancialInstruments 2023-06-30 OC376789 c:CurrentFinancialInstruments c:WithinOneYear 2024-06-30 OC376789 c:CurrentFinancialInstruments c:WithinOneYear 2023-06-30 OC376789 c:Non-currentFinancialInstruments c:AfterOneYear 2024-06-30 OC376789 c:Non-currentFinancialInstruments c:AfterOneYear 2023-06-30 OC376789 d:FRS102 2023-07-01 2024-06-30 OC376789 d:Audited 2023-07-01 2024-06-30 OC376789 d:FullAccounts 2023-07-01 2024-06-30 OC376789 d:LimitedLiabilityPartnershipLLP 2023-07-01 2024-06-30 OC376789 c:HirePurchaseContracts c:WithinOneYear 2024-06-30 OC376789 c:HirePurchaseContracts c:WithinOneYear 2023-06-30 OC376789 c:HirePurchaseContracts c:BetweenOneFiveYears 2024-06-30 OC376789 c:HirePurchaseContracts c:BetweenOneFiveYears 2023-06-30 OC376789 c:HirePurchaseContracts c:MoreThanFiveYears 2024-06-30 OC376789 c:HirePurchaseContracts c:MoreThanFiveYears 2023-06-30 OC376789 d:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 OC376789 2 2023-07-01 2024-06-30 OC376789 6 2023-07-01 2024-06-30 OC376789 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2024-06-30 OC376789 c:MotorVehicles c:LeasedAssetsHeldAsLessee 2023-06-30 OC376789 c:LeasedAssetsHeldAsLessee 2024-06-30 OC376789 c:LeasedAssetsHeldAsLessee 2023-06-30 OC376789 d:PartnerLLP1 2023-07-01 2024-06-30 OC376789 c:FurtherSpecificReserve3ComponentTotalEquity 2024-06-30 OC376789 c:FurtherSpecificReserve3ComponentTotalEquity 2023-06-30 OC376789 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: OC376789









WANIS MANAGEMENT SERVICES LLP









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
WANIS MANAGEMENT SERVICES LLP
REGISTERED NUMBER: OC376789

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
                                                                  Note
£
£

Fixed assets
  

Tangible assets
 4 
100,089
133,451

Investments
 5 
1,000
1,000

  
101,089
134,451

Current assets
  

Debtors: amounts falling due within one year
 6 
560,030
660,224

Cash at bank and in hand
  
426,894
125,330

  
986,924
785,554

Creditors: Amounts Falling Due Within One Year
 7 
(561,279)
(513,128)

Net current assets
  
 
 
425,645
 
 
272,426

Total assets less current liabilities
  
526,734
406,877

Creditors: amounts falling due after more than one year
 8 
-
(56,528)

  
526,734
350,349

  

Net assets
  
526,734
350,349


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
1,100
1,100

Other amounts
 10 
525,634
349,249

  
526,734
350,349

  

  
526,734
350,349


Total members' interests
  

Loans and other debts due to members
 10 
526,734
350,349

  
526,734
350,349


Page 1

 
WANIS MANAGEMENT SERVICES LLP
REGISTERED NUMBER: OC376789
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

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 17 March 2025.





Mr K Wadhwani
Designated member


The notes on pages 4 to 11 form part of these financial statements.

Wanis Management 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
 

 
WANIS MANAGEMENT SERVICES LLP


 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 JUNE 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

£
£
£

Amounts due to members
1,100
349,249
350,349

Balance at 30 June 2023
1,100
349,249
350,349

Members' interests after profit for the year
1,100
349,249
350,349

Member's remuneration charges as an expense
-
908,586
908,586

Drawings on account and distribution of profit
-
(732,201)
(732,201)

Amounts due to members
1,100
525,634
526,734

Balance at 30 June 2024 
1,100
525,634
526,734

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
 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Wanis Management Services LLP (the "LLP") is a limited liability partnership, incorporated in England and Wales, registration number OC376789. Its registered office is Leytonstone House, 3 Hanbury Drive, 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

Consolidated financial statements

The LLP is a subsidiary company of Sara (EU) Limited (incorporated in England and Wales). The LLP is included in the consolidated financial statements of Sara (EU) Limited which are publically available.

 
2.3

Financial Reporting Standard 102 - reduced disclosure exemptions

The LLP has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Sara (EU) Limited as at 30 June 2024 and these financial statements may be obtained from Companies House.

 
2.4

Going concern

The LLP meets its day-to-day working capital requirements through careful management of working capital positions. The LLP's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the LLP should be able to operate without other third party support. After making enquiries, the members 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.

Page 4

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Revenue

Revenue is measured at the fair value of consideration received or receivable and represents the amount receivable for services rendered, net of returns, discounts and rebates allowed by the LLP and value added taxes.
The LLP provides personnel services. Sales invoices are raised monthly in arrears for personnel services provided. Revenue is recognised in the accounting period in which the services are rendered. Sales are made with credit terms. The element of financing is deemed immaterial and disregarded in the treatment of revenue.

 
2.6

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, provided on the following annual basis:

Motor vehicles
-
25% reducing balance

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 the Statement of comprehensive income.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.9

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.

 
2.10

Creditors

Short term creditors are measured at the transaction price.

Page 5

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

  
2.11

Taxation

Taxation payable on the profits of the LLP is the personal liability of the members. A retention from profits may be made to fund future payments of taxation on the members' behalf. The retention is reflected in loans and other debts due to members.

  
2.12

Presentation of members' capital and participation rights of members

The LLP agreement determines the amount of profit to be treated as members' remuneration. This profit is treated as allocated. All profits are automatically allocated and realised in the statement of comprehensive income as members' remuneration charged as an expense by reference to the pre-determined profit share mechanisms. Allocated profit is included within 'loans and other debts due to members' in 'other amounts' on the Balance Sheet. 
Drawings are treated as payments on account of profit allocation and are subject to sufficent cash availability. Any Drawings in excess of total allocated profits would be included within 'amounts due from members' within other debtors.
The capital requirements of the LLP are determined by the members and are reviewed regularly. No interest is paid on capital.
On leaving the partnership, a member's capital is repaid without reasonable delay.

 
2.13

Interest income

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

 
2.14

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.

 
2.15

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 .

Page 6

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 162 (2023 - 160).


4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 July 2023
166,762



At 30 June 2024

166,762



Depreciation


At 1 July 2023
33,311


Charge for the year on financed assets
33,362



At 30 June 2024

66,673



Net book value



At 30 June 2024
100,089



At 30 June 2023
133,451

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
58,492
77,990

58,492
77,990

Page 7

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 July 2023
1,000



At 30 June 2024
1,000




This represents an investment of 1,000 Ordinary "B" £1 shares in Wanis Limited, a company under common control of some of the designated members of Wanis Management Services LLP.

Page 8

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors

2024
2023
£
£


Amounts owed by undertakings
508,919
613,571

Other debtors
51,111
46,653

560,030
660,224


Amounts owed by undertakings under common control are unsecured, interest free, have no fixed date of repayment and are repayable on demand.


7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
7,615
12,655

Other taxation and social security
449,791
438,455

Obligations under finance lease and hire purchase contracts
58,381
22,226

Other creditors
39,492
33,792

Accruals and deferred income
6,000
6,000

561,279
513,128


Amounts owed to undertakings under common control are unsecured, interest free, have no fixed date of repayment and are repayable on demand.
Obligations under finance lease and hire purchase contracts are secured against the assets which they relate to.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
56,528


Page 9

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
58,381
22,226

Between 1-5 years
-
22,226

Over 5 years
-
34,302

58,381
78,754


10.


Loans and other debts due to members


2024
2023
£
£



Members' capital treated as debt
1,100
1,100

Other amounts due to members
525,634
349,249

526,734
350,349



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


11.


Pension commitments

The LLP operates a defined contributions pension scheme. The net 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 LLP to the fund and amounted to £92,492 (2023 - £87,655). Contributions totalling £19,131 (2023 - £12,908) were payable to the fund at the balance sheet and are included in creditors. 


12.


Related party transactions

The LLP has taken advantage of the exemption, under FRS 102 paragraph 1.12 and paragraph 33.1A, from disclosing transactions with key management and from disclosing other related party transactions as they are with other companies that are wholly owned within the Group. 

Page 10

 
WANIS MANAGEMENT SERVICES LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

13.


Ultimate parent undertaking and controlling party

The LLP's ultimate parent undertaking is Sara (EU) Limited, a company incorporated in Engand and Wales. The registered office of this company is Golden House, Golden Business Park, Leyton, London, E10 7FE. The LLP is included in the consolidated accounts prepared by Sara (EU) Limited.
There is no ultimate controlling party. 


14.


Auditor's information

The auditor's report on the financial statements for the year ended 30 June 2024 was unqualified.

The audit report was signed on 17 March 2025 by Simon Liggins (Senior statutory auditor) on behalf of Barnes Roffe LLP.

 
Page 11