Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31552023-06-01falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC400070 2023-06-01 2024-03-31 OC400070 2022-06-01 2023-05-31 OC400070 2024-03-31 OC400070 2023-05-31 OC400070 c:PlantMachinery 2023-06-01 2024-03-31 OC400070 c:PlantMachinery 2024-03-31 OC400070 c:PlantMachinery 2023-05-31 OC400070 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-06-01 2024-03-31 OC400070 c:FurnitureFittings 2023-06-01 2024-03-31 OC400070 c:FurnitureFittings 2024-03-31 OC400070 c:FurnitureFittings 2023-05-31 OC400070 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-06-01 2024-03-31 OC400070 c:OwnedOrFreeholdAssets 2023-06-01 2024-03-31 OC400070 c:CurrentFinancialInstruments 2024-03-31 OC400070 c:CurrentFinancialInstruments 2023-05-31 OC400070 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC400070 c:CurrentFinancialInstruments c:WithinOneYear 2023-05-31 OC400070 d:FRS102 2023-06-01 2024-03-31 OC400070 d:AuditExempt-NoAccountantsReport 2023-06-01 2024-03-31 OC400070 d:FullAccounts 2023-06-01 2024-03-31 OC400070 d:LimitedLiabilityPartnershipLLP 2023-06-01 2024-03-31 OC400070 d:PartnerLLP1 2023-06-01 2024-03-31 OC400070 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC400070 c:FurtherSpecificReserve3ComponentTotalEquity 2023-05-31 OC400070 e:PoundSterling 2023-06-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC400070









SAYERS SOLICITORS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
SAYERS SOLICITORS LLP
REGISTERED NUMBER: OC400070

BALANCE SHEET
AS AT 31 MARCH 2024

Period ended 31st March 2024
Year ended 31st May 2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,218
4,022

  
3,218
4,022

Current assets
  

Debtors: amounts falling due within one year
 5 
124,383
84,535

Cash at bank and in hand
  
21,922
31,479

  
146,305
116,014

Creditors: Amounts Falling Due Within One Year
 6 
(226,889)
(198,700)

Net current liabilities
  
 
 
(80,584)
 
 
(82,686)

Total assets less current liabilities
  
(77,366)
(78,664)

  

Net liabilities
  
(77,366)
(78,664)


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 7 
(77,366)
(78,664)

  
(77,366)
(78,664)

  

  
(77,366)
(78,664)


Total members' interests
  

Loans and other debts due to members
 7 
(77,366)
(78,664)

  
(77,366)
(78,664)


Page 1

 
SAYERS SOLICITORS LLP
REGISTERED NUMBER: OC400070
    
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 by: 




Simon Langford
Designated member

Date: 1 April 2025

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

Sayers Solicitors 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

 
SAYERS SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Sayers Solicitors is a Limited Liability Partnership incorporated and registered in England and is registered at 242 High Road, Harrow Weald, Middlesex, HA3 7BB. 

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

Revenue for services is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Revenue for services 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 turnover is recognised:

Rendering of services

Revenue for services 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 turnover 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.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
SAYERS SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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 .

 
2.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20% reducing balance
Fixtures and fittings
-
20% 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 profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the Period was 5 (2023 - 5).

Page 4

 
SAYERS SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 June 2023
8,381
7,054
15,435



At 31 March 2024

8,381
7,054
15,435



Depreciation


At 1 June 2023
6,918
4,495
11,413


Charge for the Period on owned assets
475
329
804



At 31 March 2024

7,393
4,824
12,217



Net book value



At 31 March 2024
988
2,230
3,218



At 31 May 2023
1,463
2,559
4,022


5.


Debtors

Period ended 31st March
Year ended 31st May
2024
2023
£
£


Trade debtors
50,848
25,270

Prepayments and accrued income
73,535
59,265

124,383
84,535


Page 5

 
SAYERS SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

Period ended 31st March
Year ended 31st May
2024
2023
£
£

Other loans
-
5,688

Other taxation and social security
81,627
54,240

Other creditors
135,162
131,422

Accruals and deferred income
10,100
7,350

226,889
198,700



7.


Loans and other debts due to members


Period ended 31st March
Year ended 31st May
2024
2023
£
£



Other amounts due to members
77,366
78,664

77,366
78,664

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

Period ended 31st March
Year ended 31st May
2024
2023
£
£



Falling due within one year
77,366
78,664

77,366
78,664

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

 
Page 6