Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312023-06-01trueNo description of principal activity0false0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC447443 2023-05-31 OC447443 2023-06-01 2024-05-31 OC447443 2022-06-01 2023-05-31 OC447443 2024-05-31 OC447443 c:CurrentFinancialInstruments 2024-05-31 OC447443 c:CurrentFinancialInstruments c:WithinOneYear 2024-05-31 OC447443 c:OtherMiscellaneousReserve 2023-06-01 2024-05-31 OC447443 c:OtherMiscellaneousReserve 2024-05-31 OC447443 d:FRS102 2023-06-01 2024-05-31 OC447443 d:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 OC447443 d:FullAccounts 2023-06-01 2024-05-31 OC447443 d:LimitedLiabilityPartnershipLLP 2023-06-01 2024-05-31 OC447443 2 2023-06-01 2024-05-31 OC447443 6 2023-06-01 2024-05-31 OC447443 d:PartnerLLP4 2023-06-01 2024-05-31 OC447443 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-06-01 2024-05-31 OC447443 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-05-31 OC447443 c:FurtherSpecificReserve2ComponentTotalEquity 2024-05-31 OC447443 e:USDollar 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: OC447443









RODAS DE BAHIA LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2024

 
RODAS DE BAHIA LLP
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RODAS DE BAHIA LLP
FOR THE PERIOD ENDED 31 MAY 2024

In order to assist you to fulfil your duties under the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), we have prepared for your approval the financial statements of Rodas de Bahia LLP for the Period ended 31 May 2024 which comprise  the Statement of Financial Position, the Statement of Changes in Equity and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the members in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Rodas de Bahia LLP and state those matters that we have agreed to state to the Rodas de Bahia LLP's members in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rodas de Bahia LLP and its members for our work or for this report. 

It is your duty to ensure that Rodas de Bahia LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rodas de Bahia LLP. You consider that Rodas de Bahia LLP is exempt from the statutory audit requirement for the Period.

We have not been instructed to carry out an audit or review of the financial statements of Rodas de Bahia LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Harris & Trotter LLP
 
101 New Cavendish Street, First Floor South, London, WIW 6XH
26 March 2025
Page 1

 
RODAS DE BAHIA LLP
REGISTERED NUMBER: OC447443

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
Note
$

Fixed assets
  

Investments
 4 
724,418

  
724,418

Current assets
  

Cash at bank and in hand
 5 
6,478

  
6,478

Creditors: Amounts Falling Due Within One Year
 6 
(2,500)

Net current assets
  
 
 
3,978

Total assets less current liabilities
  
728,396

  

Net assets
  
728,396


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
680,000

Other reserves classified as equity
  
48,396

  
 
728,396

  
728,396


Total members' interests
  

Members' other interests
  
728,396

  
728,396


Page 2

 
RODAS DE BAHIA LLP
REGISTERED NUMBER: OC447443
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 26 March 2025.




Francisco Javier Allende Decombe
Designated member

The notes on pages 5 to 7 form part of these financial statements.

Page 3

 
RODAS DE BAHIA LLP
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MAY 2024


Members capital (classified as equity)
Other reserves
Total equity

$
$
$


Comprehensive income for the Period

Profit for Period for discretionary division among members

-
48,396
48,396


Other comprehensive income for the Period
-
-
-


Total comprehensive income for the Period
-
48,396
48,396


Contributions by and distributions to members

Capital introduced by members
680,000
-
680,000


Total transactions with members
680,000
-
680,000


At 31 May 2024
680,000
48,396
728,396

The notes on pages 5 to 7 form part of these financial statements.

Page 4

 
RODAS DE BAHIA LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

Rodas de Bahia LLP is a limited liability partnership incorporated in England. The registered office is 101 New Cavendish Street, 1st Floor South, London, England, United Kingdom, W1W 6XH. 
The financial statements are presented in USD which is the functional currency of the LLP.

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

Interest income

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

 
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 .

Profits of the LLP which are not yet divided among the members are shown under 'Other reserves' on the Statement of Financial Position, pending a discretionary decision to divide the profits.

 
2.4

Valuation of investments

Investments in unlisted LLP shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 5

 
RODAS DE BAHIA LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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

The entity has no employees.

The average monthly number of employees, including directors, during the period was 0.


4.


Fixed asset investments





Listed investments

$



Cost or valuation


Additions
1,169,444


Disposals
(483,795)


Revaluations
38,769



At 31 May 2024
724,418





5.


Cash and cash equivalents

2024
$

Cash at bank and in hand
6,478

6,478


Page 6

 
RODAS DE BAHIA LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

2024
$

Accruals and deferred income
2,500

2,500



7.


Reconciliation of members' interests 





EQUITY
Members' other interests
 
Members' capital (classified as equity)
Other reserves
Total

$
$
$

Profit for the Period available for discretionary division among members
 
-
48,396
48,396

Members' interests after profit for the Period
-
48,396
48,396

Amounts introduced by members
680,000
-
680,000

Balance at 31 May 2024 
680,000
48,396
728,396

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 7