Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31falsetrue2024-04-01No description of principal activity53trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC328570 2024-04-01 2025-03-31 OC328570 2025-03-31 OC328570 2023-04-01 2024-03-31 OC328570 2024-03-31 OC328570 c:OfficeEquipment 2024-04-01 2025-03-31 OC328570 c:OfficeEquipment 2025-03-31 OC328570 c:OfficeEquipment 2024-03-31 OC328570 c:OfficeEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC328570 c:ComputerEquipment 2024-04-01 2025-03-31 OC328570 c:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 OC328570 c:OtherPropertyPlantEquipment 2025-03-31 OC328570 c:OtherPropertyPlantEquipment 2024-03-31 OC328570 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC328570 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC328570 c:CurrentFinancialInstruments 2025-03-31 OC328570 c:CurrentFinancialInstruments 2024-03-31 OC328570 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC328570 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC328570 d:FRS102 2024-04-01 2025-03-31 OC328570 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC328570 d:FullAccounts 2024-04-01 2025-03-31 OC328570 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC328570 2 2024-04-01 2025-03-31 OC328570 d:PartnerLLP1 2024-04-01 2025-03-31 OC328570 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC328570 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC328570 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC328570 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC328570 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company Registration Number OC328570























APRIL STRATEGY LLP





UNAUDITED
FINANCIAL STATEMENTS





 31 MARCH 2025

























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APRIL STRATEGY LLP
REGISTERED NUMBER: OC328570

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,798
20,817

  
11,798
20,817

Current assets
  

Debtors: amounts falling due within one year
 5 
518,604
423,383

Cash at bank and in hand
 6 
517,680
526,988

  
1,036,284
950,371

Creditors: Amounts Falling Due Within One Year
 7 
(266,465)
(205,696)

Net current assets
  
 
 
769,819
 
 
744,675

Total assets less current liabilities
  
781,617
765,492

  

Net assets
  
781,617
765,492


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 8 
673,617
657,492

  
673,617
657,492

Members' other interests
  

Members' capital classified as equity
  
108,000
108,000

  
 
108,000
 
108,000

  
781,617
765,492


Total members' interests
  

Loans and other debts due to members
 8 
673,617
657,492

Members' other interests
  
108,000
108,000

  
781,617
765,492


Page 1

 
APRIL STRATEGY LLP
REGISTERED NUMBER: OC328570

STATEMENT OF FINANCIAL POSITION (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 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 7 July 2025.




Mr J Vincent
Designated member

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

Page 2

 
APRIL STRATEGY LLP
 

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







EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Other reserves
Total
Other amounts
Total
Total

£
£
£
£
£
£

Profit for the year available for discretionary division among members
 
-
1,648,805
1,648,805
-
-
1,648,805

Members' interests after profit for the year
108,000
1,648,805
1,756,805
933,831
933,831
2,690,636

Other division of profits
-
(1,648,805)
(1,648,805)
1,648,805
1,648,805
-

Drawings on account and distribution of profit
-
-
-
(1,925,144)
(1,925,144)
(1,925,144)

Amounts due to members
657,492
657,492

Balance at 31 March 2024
108,000
-
108,000
657,492
657,492
765,492

Profit for the year available for discretionary division among members
 
-
1,581,265
1,581,265
-
-
1,581,265

Members' interests after profit for the year
108,000
1,581,265
1,689,265
657,492
657,492
2,346,757

Other division of profits
-
(1,581,265)
(1,581,265)
1,581,265
1,581,265
-

Drawings on account and distribution of profit
-
-
-
(1,565,140)
(1,565,140)
(1,565,140)

Amounts due to members
673,617
673,617

Balance at 31 March 2025 
108,000
-
108,000
673,617
673,617
781,617

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

 
APRIL STRATEGY LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

April Strategy LLP is a limited liability partnership, incorporated in England & Wales, registered number
OC328570. The registered office address is 71-75 Shelton Street, London, WC2H 9JQ.

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 Standard of Recommended Practice
"Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Going concern

These financial statements are prepared on the going concern basis. The members believe that the
company will have sufficient funds to settle all of its liabilities as they fall due for at least 12 months
from signing the accounts.

 
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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
APRIL STRATEGY 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

Interest income

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

 
2.6

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 Statement of Financial Position. The assets of the plan are held separately from the LLP in independently administered funds.

 
2.7

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 .

 
2.8

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

 
APRIL STRATEGY LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.8
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:

Office equipment
-
20%
(over 5 years) on a straight line basis
Computer equipment
-
33%
(over 3 years) on a straight line basis

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

Financial instruments

The LLP only enters into basic financial instrument transactions that result in 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.
Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receiveable and payable, are initially measured at present value of the future
cash flows and subsequently at amortised cost using the effective interest method. Debt instruments
that are payable or receiveable within one year, typically trade debtors and creditors, are measured,
initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Financial assets and liabilities are offset and the net amount reported in the Statement of Financial
Position when there is an enforceable right to set of 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 6

 
APRIL STRATEGY LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Employees

The average monthly number of employees, excluding members, during the year was 5 (2024 - 3).


4.


Tangible fixed assets





Office equipment
Other fixed assets
Total

£
£
£



Cost or valuation


At 1 April 2024
7,104
57,158
64,262


Additions
-
2,728
2,728


Disposals
-
(2,294)
(2,294)



At 31 March 2025

7,104
57,592
64,696



Depreciation


At 1 April 2024
6,184
37,261
43,445


Charge for the year on owned assets
329
10,353
10,682


Disposals
-
(1,229)
(1,229)



At 31 March 2025

6,513
46,385
52,898



Net book value



At 31 March 2025
591
11,207
11,798



At 31 March 2024
920
19,897
20,817


5.


Debtors

2025
2024
£
£


Trade debtors
472,361
407,219

Other debtors
36,447
1,438

Prepayments and accrued income
9,796
14,726

518,604
423,383


Page 7

 
APRIL STRATEGY 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
517,680
526,988

517,680
526,988



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
25,509
34,410

Other taxation and social security
91,243
46,571

Other creditors
12,964
15,088

Accruals and deferred income
136,749
109,627

266,465
205,696



8.


Loans and other debts due to members


2025
2024
£
£



Other amounts due to members
673,617
657,492

673,617
657,492

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

2025
2024
£
£



Falling due within one year
673,617
657,492

673,617
657,492

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


9.


Related party transactions

Included in other debtors are amounts due from April Strategy Holdings Ltd and its subsidiary of £36,447.
April Strategy Holdings Ltd is under the control of the designated members of April Strategy LLP.

Page 8

 
APRIL STRATEGY LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Controlling party

The LLP is controlled by the designated members.


Page 9