Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-314trueNo description of principal activity42024-04-01falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC429090 2024-04-01 2025-01-31 OC429090 2023-04-01 2024-03-31 OC429090 2025-01-31 OC429090 2024-03-31 OC429090 c:CurrentFinancialInstruments 2025-01-31 OC429090 c:CurrentFinancialInstruments 2024-03-31 OC429090 c:CurrentFinancialInstruments c:WithinOneYear 2025-01-31 OC429090 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC429090 d:FRS102 2024-04-01 2025-01-31 OC429090 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-01-31 OC429090 d:FullAccounts 2024-04-01 2025-01-31 OC429090 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-01-31 OC429090 d:PartnerLLP1 2024-04-01 2025-01-31 OC429090 c:FurtherSpecificReserve3ComponentTotalEquity 2025-01-31 OC429090 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC429090 e:PoundSterling 2024-04-01 2025-01-31 iso4217:GBP xbrli:pure
Registered number: OC429090






SILK TREE EDITING LLP

UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 JANUARY 2025

 
SILK TREE EDITING LLP
REGISTERED NUMBER:OC429090

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

31 January
31 March
2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
5,204
5,559

Cash at bank and in hand
 4 
552
414

  
5,756
5,973

Creditors: Amounts Falling Due Within One Year
 5 
(1,650)
(1,650)

Net current assets
  
 
 
4,106
 
 
4,323

Total assets less current liabilities
  
4,106
4,323

  

Net assets
  
4,106
4,323


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 6 
4,106
4,323

  
4,106
4,323

  

  
4,106
4,323


Total members' interests
  

Loans and other debts due to members
 6 
4,106
4,323

  
4,106
4,323


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.
Page 1

 
SILK TREE EDITING LLP
REGISTERED NUMBER:OC429090
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2025


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: 




................................................
SD Leddy
Designated member

Date: 30 April 2025

The notes on pages 4 to 6 form part of these financial statements.

Silk Tree Editing 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

 
SILK TREE EDITING LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD ENDED 31 JANUARY 2025






EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Other reserves
Total
Other amounts
Total
Total

£
£
£
£
£

Profit for the period available for discretionary division among members
 
57,961
57,961
-
-
57,961

Members' interests after profit for the period
57,961
57,961
4,730
4,730
62,691

Other division of profits
(57,961)
(57,961)
57,961
57,961
-

Amounts introduced by members
-
-
55,507
55,507
55,507

Drawings on account and distribution of profit
-
-
(113,874)
(113,874)
(113,874)

Amounts due to members
4,323
4,323

Balance at 31 March 2024
-
-
4,323
4,323
4,323

Profit for the period available for discretionary division among members
 
38,824
38,824
-
-
38,824

Members' interests after profit for the period
38,824
38,824
4,323
4,323
43,147

Other division of profits
(38,824)
(38,824)
38,824
38,824
-

Amounts introduced by members
-
-
45,746
45,746
45,746

Drawings on account and distribution of profit
-
-
(84,787)
(84,787)
(84,787)

Amounts due to members
4,106
4,106

Balance at 31 January 2025 
-
-
4,106
4,106
4,106

The notes on pages 4 to 6 form part of these financial statements.

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

 
SILK TREE EDITING LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

Silk Tree Editing LLP is a limited liability partnership incorporated in England. its registered office is Calder & Co, 30 Orange Street, London, WC2H 7HF.

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

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.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

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.

 
2.5

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

 
SILK TREE EDITING LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

3.


Debtors

31 January
31 March
2025
2024
£
£


Trade debtors
4,084
4,660

Other debtors
1,120
900

5,204
5,560



4.


Cash and cash equivalents

31 January
31 March
2025
2024
£
£

Cash at bank and in hand
552
414

552
414



5.


Creditors: Amounts falling due within one year

31 January
31 March
2025
2024
£
£

Accruals
1,650
1,650

1,650
1,650


Page 5

 
SILK TREE EDITING LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

6.


Loans and other debts due to members


31 January
31 March
2025
2024
£
£



Other amounts due to members
4,106
4,323

4,106
4,323

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

31 January
31 March
2025
2024
£
£



Falling due within one year
4,106
4,323

4,106
4,323

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

 
Page 6