Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-312025-03-31No description of principal activity22024-04-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC388709 2024-04-01 2025-03-31 OC388709 2023-04-01 2024-03-31 OC388709 2025-03-31 OC388709 2024-03-31 OC388709 c:ComputerEquipment 2024-04-01 2025-03-31 OC388709 c:ComputerEquipment 2025-03-31 OC388709 c:ComputerEquipment 2024-03-31 OC388709 c:CurrentFinancialInstruments 2025-03-31 OC388709 c:CurrentFinancialInstruments 2024-03-31 OC388709 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC388709 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC388709 d:FRS102 2024-04-01 2025-03-31 OC388709 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC388709 d:FullAccounts 2024-04-01 2025-03-31 OC388709 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC388709 d:PartnerLLP1 2024-04-01 2025-03-31 OC388709 d:PartnerLLP4 2024-04-01 2025-03-31 OC388709 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC388709 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC388709 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC388709









BELLEVUE BALLISTICS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
BELLEVUE BALLISTICS LLP
REGISTERED NUMBER: OC388709

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
46,829
3,436

Cash at bank and in hand
 6 
40,438
13,546

  
87,267
16,982

Creditors: Amounts Falling Due Within One Year
 7 
(96,791)
(50,233)

Net current liabilities
  
 
 
(9,524)
 
 
(33,251)

Total assets less current liabilities
  
(9,524)
(33,251)

  

Net liabilities
  
(9,524)
(33,251)


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
(9,524)
(33,251)

  
(9,524)
(33,251)

  

  
(9,524)
(33,251)


Total members' interests
  

Loans and other debts due to members
 8 
(9,524)
(33,251)

  
(9,524)
(33,251)


Page 1

 
BELLEVUE BALLISTICS LLP
REGISTERED NUMBER: OC388709
    
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 A Anderson
................................................
Mr T Hutchcraft
Designated member
Designated member


Date: 10 July 2025
Date:10 July 2025

The notes on pages 4 to 9 form part of these financial statements.

Bellevue Ballistics 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

 
BELLEVUE BALLISTICS LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 MARCH 2025




DEBT
Loans and other debts due to members less any amounts due from members in debtors
Other amounts
Total

£
£

Members' interests after profit for the year
(43,372)
(43,372)

Other division of profits
203,749
203,749

Amounts introduced by members
1,500
1,500

Drawings on account and distribution of profit
(195,128)
(195,128)

Amounts due to members
(33,251)
(33,251)

Balance at 31 March 2024
(33,251)
(33,251)

Members' interests after profit for the year
(33,251)
(33,251)

Other division of profits
77,745
77,745

Amounts introduced by members
16,596
16,596

Drawings on account and distribution of profit
(70,613)
(70,613)

Amounts due to members
(9,524)
(9,524)

Balance at 31 March 2025 
(9,524)
(9,524)

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

 
BELLEVUE BALLISTICS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Bellevue Ballistics LLP is a limited liability partnership incorporated in England and Wales. The address
of the entity's registered office is 50 Liverpool Street, London, EC2M 7PY.

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

Going concern

At the balance sheet date, the LLP's liabilities exceeded its assets. The LLP has received assurance from the members that they will continue to give financial support to the LLP for a period of at least twelve months from the date of signing of these financial statements.
On this basis, the members have considered it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the LLP's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the LLP's assets or liabilities that might be necessary should this basis not continue to be appropriate.

 
2.3

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 4

 
BELLEVUE BALLISTICS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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 the profit and loss.

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.

 
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.

Page 5

 
BELLEVUE BALLISTICS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

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:

Computer equipment
-
25%
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

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.

 
2.8

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.

 
2.9

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.

 
2.10

Financial instruments

The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 6

 
BELLEVUE BALLISTICS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Employees




The average monthly number of persons (including members) employed during the year was as follows:


        2025
        2024
            No.
            No.







Members
2
2


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2024
1,513



At 31 March 2025

1,513



Depreciation


At 1 April 2024
1,513



At 31 March 2025

1,513



Net book value



At 31 March 2025
-



At 31 March 2024
-


5.


Debtors

2025
2024
£
£


Trade debtors
18,658
-

Other debtors
-
2,454

Prepayments and accrued income
28,171
982

46,829
3,436


Page 7

 
BELLEVUE BALLISTICS 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
40,438
13,546

40,438
13,546



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
3,948
5,523

Other taxation and social security
2,256
-

Other creditors
41,929
44,710

Accruals and deferred income
48,658
-

96,791
50,233



8.


Loans and other debts due to members


2025
2024
£
£



Other amounts due to members
(9,524)
(33,251)

(9,524)
(33,251)

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

2025
2024
£
£



Falling due within one year
(9,524)
(33,251)

(9,524)
(33,251)

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

Page 8

 
BELLEVUE BALLISTICS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Related party transactions

lncluded in other creditors at the balance sheet date is an amount of £41,929 (2023: £44,710) due to an unincorporated partnership that is controlled by the members. The balance is in respect of cash advances and expenses borne by the partnership on behalf of the LLP. lt is unsecured, interest free and repayable on demand.

 
Page 9