Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-01falseNo description of principal activity6361truefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC356519 2023-10-01 2024-09-30 OC356519 2022-10-01 2023-09-30 OC356519 2024-09-30 OC356519 2023-09-30 OC356519 c:Buildings c:ShortLeaseholdAssets 2023-10-01 2024-09-30 OC356519 c:Buildings c:ShortLeaseholdAssets 2024-09-30 OC356519 c:Buildings c:ShortLeaseholdAssets 2023-09-30 OC356519 c:PlantMachinery 2023-10-01 2024-09-30 OC356519 c:PlantMachinery 2024-09-30 OC356519 c:PlantMachinery 2023-09-30 OC356519 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC356519 c:MotorVehicles 2023-10-01 2024-09-30 OC356519 c:MotorVehicles 2024-09-30 OC356519 c:MotorVehicles 2023-09-30 OC356519 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC356519 c:FurnitureFittings 2023-10-01 2024-09-30 OC356519 c:FurnitureFittings 2024-09-30 OC356519 c:FurnitureFittings 2023-09-30 OC356519 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC356519 c:OfficeEquipment 2023-10-01 2024-09-30 OC356519 c:OfficeEquipment 2024-09-30 OC356519 c:OfficeEquipment 2023-09-30 OC356519 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC356519 c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC356519 c:CurrentFinancialInstruments 2024-09-30 OC356519 c:CurrentFinancialInstruments 2023-09-30 OC356519 c:CurrentFinancialInstruments 2 2024-09-30 OC356519 c:CurrentFinancialInstruments 2 2023-09-30 OC356519 c:CurrentFinancialInstruments c:WithinOneYear 2024-09-30 OC356519 c:CurrentFinancialInstruments c:WithinOneYear 2023-09-30 OC356519 e:FRS102 2023-10-01 2024-09-30 OC356519 e:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 OC356519 e:FullAccounts 2023-10-01 2024-09-30 OC356519 e:LimitedLiabilityPartnershipLLP 2023-10-01 2024-09-30 OC356519 c:WithinOneYear 2024-09-30 OC356519 c:WithinOneYear 2023-09-30 OC356519 c:BetweenOneFiveYears 2024-09-30 OC356519 c:BetweenOneFiveYears 2023-09-30 OC356519 c:MoreThanFiveYears 2024-09-30 OC356519 c:MoreThanFiveYears 2023-09-30 OC356519 e:PartnerLLP1 2023-10-01 2024-09-30 OC356519 e:PartnerLLP2 2023-10-01 2024-09-30 OC356519 f:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure


Registered number: OC356519












URBAN HOUSING SERVICES LLP
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 

URBAN HOUSING SERVICES LLP

CONTENTS



Page
Information
 
1
Balance sheet
 
2 - 3
Reconciliation of members' interests
 
4
Notes to the financial statements
 
5 - 11


 

URBAN HOUSING SERVICES LLP

INFORMATION



Designated Members
A Curtis
Urban Housing Services (Wakefield) Ltd

LLP registered number
OC356519

Registered office
Langley House
Park Road
London
N2 8EY

Accountants
Blick Rothenberg Limited
Chartered Accountants
16 Great Queen Street
Covent Garden
London
WC2B 5AH



Page 1


 
REGISTERED NUMBER:OC356519
URBAN HOUSING SERVICES LLP

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
  
306,834
375,086

Current assets
  

Stocks
 5 
23,214
23,214

Debtors: amounts falling due within one year
 6 
1,257,253
2,975,034

Cash at bank and in hand
  
326,298
11,369

  
1,606,765
3,009,617

Creditors: amounts falling due within one year
 7 
(951,960)
(3,384,703)

Net current assets/(liabilities)
  
 
 
654,805
 
 
(375,086)

Total assets less current liabilities
  
961,639
-

  

Net assets
  
961,639
-


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
961,639
-


Total members' interests
  

Loans and other debts due to members
 8 
961,639
-


Page 2


 
REGISTERED NUMBER:OC356519
URBAN HOUSING SERVICES LLP
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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: 



A Curtis
Designated member

Date: 27 June 2025

The notes on pages 5 to 11 form part of these financial statements.

Page 3

 

URBAN HOUSING SERVICES LLP

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024





Loans and other debts due to/(from) members
Total

£
£

Amounts due to members 

925,470
925,470

Balance at 1 October 2022 
925,470
925,470

Members' remuneration charged as an expense
 
659,836
659,836

Members' interests after profit for the year
1,585,306
1,585,306

Drawings
(3,455,331)
(3,455,331)

Amounts due from members
 
(1,870,025)
(1,870,025)

Balance at 30 September 2023
(1,870,025)
(1,870,025)

Members' remuneration charged as an expense
 
658,503
658,503

Members' interests after profit for the year
(1,211,522)
(1,211,522)

Amounts introduced by members
3,465,000
3,465,000

Drawings
(780,911)
(780,911)

Transfer to creditors
 
(510,928)
(510,928)

Amounts due to members
 
961,639
961,639

Balance at 30 September 2024 
961,639
961,639

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 4

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Urban Housing Services LLP is a limited liability partnership, incorporated in England and Wales. Its registered office is Langley House, Park Road, London, N2 8EY.
The financial statements are presented in Sterling (£).

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

 
2.3

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.

Incremental costs incurred in obtaining contracts are included within prepayments and are recognised in the profit and loss account over the life of the contract. 

 
2.4

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 5

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

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

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.

Depreciation is provided on the following basis:

Short-term leasehold property
-
17.5%
straight-line
Plant and machinery
-
17.5%
straight-line
Motor vehicles
-
25.0%
reducing balance
Fixtures and fittings
-
17.5%
straight-line
Office equipment
-
17.5%
straight-line

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.

 
2.7

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.

At each balance sheet date, stocks and consumables 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.

 
2.8

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.

Page 6

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.9

Financial instruments

The LLP has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets and financial liabilities are recognised when the LLP becomes party to the contractual provisions of the instrument. 

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after deducting all of its liabilities. 
 
The LLP’s policies for its major classes of financial assets and financial liabilities are set out below. 

Financial assets
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Financial liabilities

Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Impairment of financial assets
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. 

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the LLP would receive for the asset if it were to be sold at the reporting date. 

For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Page 7

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)





Financial instruments (continued)

Derecognition of financial assets and financial liabilities
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. 
 
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Offsetting of financial assets and financial liabilities
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 8

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

  
2.10

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with the provisions of Section 22 Liabilities and Equity of FRS102. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the profit and loss account in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the balance sheet.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the profit and loss account and are equity appropriations in the balance sheet.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the balance sheet within 'Loans and other debts due to members' and are charged to the profit and loss account within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the balance sheet within 'Members' other interests'.


3.


Employees

The average monthly number of employees, including directors, during the year was 63 (2023 - 61).

Page 9

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£
£



Cost


At 1 October 2023
874,447
12,722
21,575
215,098
71,200
1,195,042


Additions
34,790
-
18,689
12,583
-
66,062



At 30 September 2024

909,237
12,722
40,264
227,681
71,200
1,261,104



Depreciation


At 1 October 2023
540,039
12,661
8,248
194,017
64,991
819,956


Charge for the year
121,194
61
5,279
5,903
1,877
134,314



At 30 September 2024

661,233
12,722
13,527
199,920
66,868
954,270



Net book value



At 30 September 2024
248,004
-
26,737
27,761
4,332
306,834



At 30 September 2023
334,408
61
13,327
21,081
6,209
375,086


5.


Stocks

2024
2023
£
£

Consumables
23,214
23,214



6.


Debtors

2024
2023
£
£


Trade debtors
153,654
300,042

Other debtors
432,823
8,563

Prepayments and accrued income
670,776
796,404

Amounts due from members
-
1,870,025

1,257,253
2,975,034


Page 10

 

URBAN HOUSING SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
153,069
133,911

Other taxation and social security
91,576
125,672

Other creditors
519,173
2,984,153

Accruals and deferred income
188,142
140,967

951,960
3,384,703



8.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
961,639
-

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

2024
2023
£
£



Falling due within one year
961,639
-

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


9.


Commitments under operating leases

At 30 September 2024 the LLP had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
593,866
547,378

Later than 1 year and not later than 5 years
991,078
879,119

Later than 5 years
-
121,170

1,584,944
1,547,667

 
Page 11