Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-30true22024-01-01falseNo description of principal activityfalse2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC340935 2024-01-01 2024-12-31 OC340935 2023-01-01 2023-12-31 OC340935 2024-12-31 OC340935 2023-12-31 OC340935 c:FRS102 2024-01-01 2024-12-31 OC340935 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC340935 c:FullAccounts 2024-01-01 2024-12-31 OC340935 c:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC340935 c:PartnerLLP1 2024-01-01 2024-12-31 OC340935 d:OtherCapitalInstrumentsClassifiedAsEquity 2024-12-31 OC340935 d:OtherCapitalInstrumentsClassifiedAsEquity 2023-12-31 OC340935 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: OC340935














LEXADON UK LLP
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024

 
LEXADON UK LLP
REGISTERED NUMBER:OC340935

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
£
£

  

CURRENT ASSETS
  

Stocks
  
2,974,242
2,974,242

  
2,974,242
2,974,242

TOTAL ASSETS LESS CURRENT LIABILITIES
  
 
 
2,974,242
 
 
2,974,242

  

NET ASSETS
  
£2,974,242
£2,974,242


REPRESENTED BY:
  

LOANS AND OTHER DEBTS DUE TO MEMBERS WITHIN ONE YEAR
  

MEMBERS' OTHER INTERESTS
  

Members' capital classified as equity
  
2,974,242
2,974,242

  
£2,974,242
£2,974,242


TOTAL MEMBERS' INTERESTS
  

Members' other interests
  
2,974,242
2,974,242

  
£2,974,242
£2,974,242


Page 1

 
LEXADON UK LLP
REGISTERED NUMBER:OC340935

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 30 May 2025.




................................................
J M Knight
Designated member

The notes on pages 4 to 5 form part of these financial statements.

Lexadon UK 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

 
LEXADON UK LLP
REGISTERED NUMBER:OC340935

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 DECEMBER 2024




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

£
£

Members' interests after profit for the year
2,974,242
2,974,242

Balance at 31 December 2023
2,974,242
2,974,242

Members' interests after profit for the year
2,974,242
2,974,242

Balance at 31 December 2024 
£2,974,242
£2,974,242

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

 
LEXADON UK LLP
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Lexadon UK LLP is a limited liability partnership incoroporated in England and Wales. The registered office of the company is Unit 3, The Viaduct Business Centre, 364a Coldharbour Lane, Brixton, London, SW9 8PL.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the LLP has transferred the significant risks and rewards of ownership to the buyer;
the LLP retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 
LEXADON UK LLP
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 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 .


3.


Information in relation to members

The average number of members during the year was 3 (2023:3).

Page 5