Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false2024-04-01estate agency and property consultants98falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC340424 2024-04-01 2025-03-31 OC340424 2023-04-01 2024-03-31 OC340424 2025-03-31 OC340424 2024-03-31 OC340424 c:Buildings c:LongLeaseholdAssets 2024-04-01 2025-03-31 OC340424 c:Buildings c:LongLeaseholdAssets 2025-03-31 OC340424 c:Buildings c:LongLeaseholdAssets 2024-03-31 OC340424 c:PlantMachinery 2024-04-01 2025-03-31 OC340424 c:PlantMachinery 2025-03-31 OC340424 c:PlantMachinery 2024-03-31 OC340424 c:PlantMachinery c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC340424 c:MotorVehicles 2024-04-01 2025-03-31 OC340424 c:MotorVehicles 2025-03-31 OC340424 c:MotorVehicles 2024-03-31 OC340424 c:MotorVehicles c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC340424 c:FurnitureFittings 2024-04-01 2025-03-31 OC340424 c:FurnitureFittings 2025-03-31 OC340424 c:FurnitureFittings 2024-03-31 OC340424 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC340424 c:ComputerEquipment 2024-04-01 2025-03-31 OC340424 c:ComputerEquipment 2025-03-31 OC340424 c:ComputerEquipment 2024-03-31 OC340424 c:ComputerEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC340424 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC340424 c:CurrentFinancialInstruments 2025-03-31 OC340424 c:CurrentFinancialInstruments 2024-03-31 OC340424 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC340424 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC340424 d:FRS102 2024-04-01 2025-03-31 OC340424 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC340424 d:FullAccounts 2024-04-01 2025-03-31 OC340424 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC340424 2 2024-04-01 2025-03-31 OC340424 d:PartnerLLP1 2024-04-01 2025-03-31 OC340424 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC340424 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC340424 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC340424 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC340424 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC340424









BARBERS RURAL CONSULTANCY LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
BARBERS RURAL CONSULTANCY LLP
REGISTERED NUMBER: OC340424

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
  
58,011
38,298

  
58,011
38,298

Current assets
  

Debtors: amounts falling due within one year
 5 
38,261
51,747

Cash at bank and in hand
 6 
332,408
357,644

  
370,669
409,391

Creditors: Amounts Falling Due Within One Year
 7 
(73,404)
(67,982)

Net current assets
  
 
 
297,265
 
 
341,409

Total assets less current liabilities
  
355,276
379,707

  

Net assets
  
355,276
379,707


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
155,276
279,707

  
155,276
279,707

Members' other interests
  

Members' capital
  
200,000
100,000

  
 
200,000
 
100,000

  
355,276
379,707


Total members' interests
  

Loans and other debts due to members
 8 
155,276
279,707

Members' other interests
  
200,000
100,000

  
355,276
379,707


Page 1

 
BARBERS RURAL CONSULTANCY LLP
REGISTERED NUMBER: OC340424
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

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 M M V Taylor
Designated member
Date: 23 June 2025

The notes on pages 3 to 8 form part of these financial statements.

Barbers Rural Consultancy 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

 
BARBERS RURAL CONSULTANCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The Principal activity of the limited liability partnership continued to be that of estate agents and property consultants. 

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.

 
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

Interest income

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

 
2.4

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

 
BARBERS RURAL CONSULTANCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

 
2.6

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 .

 
2.7

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, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
20%
on cost
Plant and machinery
-
25%
on cost
Motor vehicles
-
20%
reducing balance
Fixtures and fittings
-
15%
on cost
Computer equipment
-
33%
on cost

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.

Page 4

 
BARBERS RURAL CONSULTANCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

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.

  
2.11

Transfer of members' interests

During the year £100,000 was transferred to members' capital interests from debts due to members.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2024 - 8).

Page 5

 
BARBERS RURAL CONSULTANCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment

£
£
£
£
£



Cost or valuation


At 1 April 2024
5,291
1,767
83,950
3,832
51,498


Additions
-
-
30,839
-
5,687



At 31 March 2025

5,291
1,767
114,789
3,832
57,185



Depreciation


At 1 April 2024
5,291
1,765
49,887
3,047
48,051


Charge for the year on owned assets
-
-
12,980
257
3,574



At 31 March 2025

5,291
1,765
62,867
3,304
51,625



Net book value



At 31 March 2025
-
2
51,922
528
5,560



At 31 March 2024
-
2
34,063
785
3,447
Page 6

 
BARBERS RURAL CONSULTANCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

           4.Tangible fixed assets (continued)


Total

£



Cost or valuation


At 1 April 2024
146,338


Additions
36,526



At 31 March 2025

182,864



Depreciation


At 1 April 2024
108,041


Charge for the year on owned assets
16,811



At 31 March 2025

124,852



Net book value



At 31 March 2025
58,012



At 31 March 2024
38,297


5.


Debtors

2025
2024
£
£


Trade debtors
38,259
49,997

Other debtors
-
1,750

38,259
51,747


Page 7

 
BARBERS RURAL CONSULTANCY LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
332,408
357,644

332,408
357,644



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
15,157
4,700

Other taxation and social security
39,255
46,417

Other creditors
564
510

Accruals and deferred income
18,428
16,355

73,404
67,982



8.


Loans and other debts due to members


2025
2024
£
£



Other amounts due to members
155,276
279,707

155,276
279,707

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

2025
2024
£
£



Falling due within one year
155,276
279,707

155,276
279,707

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

 
Page 8