Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312025-05-27true2023-11-011falsefalseEngineering related scientific and technical consulting activities1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC303963 2023-11-01 2024-10-31 OC303963 2022-11-01 2023-10-31 OC303963 2024-10-31 OC303963 2023-10-31 OC303963 c:CurrentFinancialInstruments 2024-10-31 OC303963 c:CurrentFinancialInstruments 2023-10-31 OC303963 c:CurrentFinancialInstruments c:WithinOneYear 2024-10-31 OC303963 c:CurrentFinancialInstruments c:WithinOneYear 2023-10-31 OC303963 c:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-10-31 OC303963 c:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-10-31 OC303963 c:FinancialLiabilitiesFairValueThroughProfitOrLoss c:UnlistedNon-exchangeTraded 2024-10-31 OC303963 c:FinancialLiabilitiesFairValueThroughProfitOrLoss c:UnlistedNon-exchangeTraded 2023-10-31 OC303963 d:FRS102 2023-11-01 2024-10-31 OC303963 d:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 OC303963 d:FullAccounts 2023-11-01 2024-10-31 OC303963 d:LimitedLiabilityPartnershipLLP 2023-11-01 2024-10-31 OC303963 d:PartnerLLP1 2023-11-01 2024-10-31 OC303963 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number:  OC303963














RIGBY & PARTNERS LLP
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


 
RIGBY & PARTNERS LLP
REGISTERED NUMBER:OC303963

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
32,743
43,351

  
32,743
43,351

Creditors: Amounts Falling Due Within One Year
 5 
(19,389)
(48,952)

Net current assets/(liabilities)
  
 
 
13,354
 
 
(5,601)

Total assets less current liabilities
  
13,354
(5,601)

  

Net assets/(liabilities) attributable to members
  
13,354
(5,601)


Represented by:
  

Loans and other debts due to members within one year
  

Amounts due in respect of profits
 7 
13,354
(5,601)

  

  
13,354
(5,601)


Total members' interests
  

Loans and other debts due to members
 7 
13,354
(5,601)

  
13,354
(5,601)


Page 1

 
RIGBY & PARTNERS LLP
REGISTERED NUMBER:OC303963
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 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 profit and loss account 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: 




................................................
Mr J M Rigby
Designated member

Date: 27 May 2025

The notes on pages 3 to 5 form part of these financial statements.

Rigby & 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

 
RIGBY & PARTNERS LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

The entity is a limited liability partnership registered in England and Wales (no. OC303963). The
registered office address is The Strawberry Fields Digital Hub, Euxton Lane, Chorley, PR7 1PS.
These financial statements are for Rigby & Partners LLP as an individual entity only. The principal activity of the limited liability partnership continued to be that of chartered civil and structural design 
engineering.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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 .

 
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 3

 
RIGBY & PARTNERS LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
32,743
43,351

32,743
43,351



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
19,073
29,116

Trade creditors
316
316

Obligations under finance lease and hire purchase contracts
-
19,520

19,389
48,952


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
-
19,520

-
19,520

Details of security provided:

Obligations under finance lease and hire purchase contracts are secured against the assets concerned.

Page 4

 
RIGBY & PARTNERS LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
32,743
43,351


Financial liabilities


Financial liabilities measured at amortised cost
19,838
48,636


Financial assets measured at fair value through profit or loss comprise of cash at bank and in hand.


Financial assets measured at amortised cost comprise of trade and other debtors.


Financial liabilities measured at amortised cost comprise of bank loans, trade creditors, obligations under finance lease and hire purchase contracts, other creditors and accruals.


7.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
13,354
(5,601)

13,354
(5,601)

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank
equally with unsecured creditors




8.Other financial commitments

In the normal course of business, Rigby & Partners LLP may receive claims for alleged negligence.
Substantial insurance cover is carried in this respect. Where appropriate, provision is made for the costs
arising from such claims, including policy excesses. Taking account of expected insurance recoveries,
claims notified are not expected to give rise to any material unprovided liability.

Page 5