Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312023-04-012truetrueNo description of principal activity2falsefalse OC419955 2023-04-01 2024-03-31 OC419955 2022-04-01 2023-03-31 OC419955 2024-03-31 OC419955 2023-03-31 OC419955 c:ComputerEquipment 2023-04-01 2024-03-31 OC419955 c:ComputerEquipment 2024-03-31 OC419955 c:ComputerEquipment 2023-03-31 OC419955 c:ComputerEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC419955 c:CurrentFinancialInstruments 2024-03-31 OC419955 c:CurrentFinancialInstruments 2023-03-31 OC419955 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC419955 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC419955 d:FRS102 2023-04-01 2024-03-31 OC419955 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC419955 d:FullAccounts 2023-04-01 2024-03-31 OC419955 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC419955 d:PartnerLLP1 2023-04-01 2024-03-31 OC419955 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC419955 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 OC419955 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC419955









STATERA PARTNERS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
STATERA PARTNERS LLP
REGISTERED NUMBER: OC419955

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
360
722

  
360
722

Current assets
  

Cash at bank and in hand
  
7,155
9,698

  
7,155
9,698

Creditors: Amounts Falling Due Within One Year
 4 
(2,751)
(2,749)

Net current assets
  
 
 
4,404
 
 
6,949

Total assets less current liabilities
  
4,764
7,671

  

Net assets
  
4,764
7,671


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 5 
4,764
7,671

  
4,764
7,671

  

  
4,764
7,671


Total members' interests
  

Loans and other debts due to members
 5 
4,764
7,671

  
4,764
7,671


Page 1

 
STATERA PARTNERS LLP
REGISTERED NUMBER: OC419955
    
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 480 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 26 March 2025.




John Dawson
Designated member

Statera Partners 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

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Statera Partners LLP's registered office is 101 New Cavendish Street, London, W1W 6XH (registered number: OC419955). The financial statements are presented in Sterling, which is the functional currency of the partnership.

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.

 
2.2

Going concern

The financial statements have been drawn up on the going concern basis. The LLP is dependent upon the continuing support of its members. The members are confident that this support will continue. On this basis the members consider it appropriate to prepare the financial statements on the going concern basis. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of the LLP's assets to their recoverable amounts, to provide for any further liabilities which may arise and to reclassify fixed assest as current assets and long term liabilities as current liabilities.
Accordingly the members have continued to prepare the financial statements on the going concern basis.

 
2.3

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.

Page 3

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.

Depreciation is provided on the following basis:

Computer equipment
-
33%

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

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.

Page 4

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
2,428



At 31 March 2024

2,428



Depreciation


At 1 April 2023
1,707


Charge for the year on owned assets
361



At 31 March 2024

2,068



Net book value



At 31 March 2024
360



At 31 March 2023
722


4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,500
1,500

Accruals and deferred income
1,251
1,249

2,751
2,749


Page 5

 
STATERA PARTNERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
4,764
7,671

4,764
7,671



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

 
Page 6