Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseNo description of principal activity46falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC379737 2024-04-01 2025-03-31 OC379737 2023-04-01 2024-03-31 OC379737 2025-03-31 OC379737 2024-03-31 OC379737 c:Buildings 2024-04-01 2025-03-31 OC379737 c:Buildings 2025-03-31 OC379737 c:Buildings 2024-03-31 OC379737 c:Buildings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC379737 c:PlantMachinery 2024-04-01 2025-03-31 OC379737 c:PlantMachinery 2025-03-31 OC379737 c:PlantMachinery 2024-03-31 OC379737 c:PlantMachinery c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC379737 c:MotorVehicles 2024-04-01 2025-03-31 OC379737 c:FurnitureFittings 2024-04-01 2025-03-31 OC379737 c:OfficeEquipment 2024-04-01 2025-03-31 OC379737 c:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 OC379737 c:OtherPropertyPlantEquipment 2025-03-31 OC379737 c:OtherPropertyPlantEquipment 2024-03-31 OC379737 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC379737 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC379737 c:CurrentFinancialInstruments 2025-03-31 OC379737 c:CurrentFinancialInstruments 2024-03-31 OC379737 c:Non-currentFinancialInstruments 2025-03-31 OC379737 c:Non-currentFinancialInstruments 2024-03-31 OC379737 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC379737 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC379737 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC379737 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC379737 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-03-31 OC379737 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-03-31 OC379737 d:FRS102 2024-04-01 2025-03-31 OC379737 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC379737 d:FullAccounts 2024-04-01 2025-03-31 OC379737 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC379737 2 2024-04-01 2025-03-31 OC379737 d:PartnerLLP1 2024-04-01 2025-03-31 OC379737 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC379737 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC379737 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC379737 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC379737 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC379737










EMPRISE ASSOCIATES LLP








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
EMPRISE ASSOCIATES LLP
REGISTERED NUMBER: OC379737

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,026,742
2,078,729

  
2,026,742
2,078,729

Current assets
  

Debtors: amounts falling due within one year
 5 
270,991
21,112

Cash at bank and in hand
 6 
48,916
64,561

  
319,907
85,673

Creditors: amounts falling due within one year
 7 
(1,035,639)
(58,325)

Net current (liabilities)/assets
  
 
 
(715,732)
 
 
27,348

Total assets less current liabilities
  
1,311,010
2,106,077

Creditors: amounts falling due after more than one year
 8 
-
(1,015,000)

  
1,311,010
1,091,077

  

Net assets
  
1,311,010
1,091,077


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
  
(482,990)
(777,923)

  
(482,990)
(777,923)

Members' other interests
  

Members' capital classified as equity
  
1,794,000
1,869,000

  
 
1,794,000
 
1,869,000

  
1,311,010
1,091,077


Total members' interests
  

Loans and other debts due to members
  
(482,990)
(777,923)

Members' other interests
  
1,794,000
1,869,000

  
1,311,010
1,091,077


Page 1

 
EMPRISE ASSOCIATES LLP
REGISTERED NUMBER: OC379737

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 income statement 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: 




SP Duckett
Designated member

Date: 14 July 2025

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

Emprise Associates 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

 
EMPRISE ASSOCIATES LLP
 

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

1.


General information

Emprise Associates LLP is a limited liability partnership incorporated in England and Wales. The registered office is 2 Communications Road, Greenham Business Park, Newbury, Berkshire, RG19 6AB. The principal place of business is The Old Road, Pishill, Henley-On-Thames, Oxfordshire, RG9 6HS.
The limited liability partnership's principal activities are disclosed in the Members' Report.

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.

Page 3

 
EMPRISE ASSOCIATES LLP
 

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

2.Accounting policies (continued)

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Income statement in the same period as the related expenditure.

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

 
2.8

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 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.

Page 4

 
EMPRISE ASSOCIATES LLP
 

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

2.Accounting policies (continued)

 
2.9

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, on the following bases:.

Depreciation is provided on the following basis:

Freehold property
-
2%
Straight line
Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance
Biological assets (Vines)
-
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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Financial instruments

The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The LLP has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the LLP's Statement of financial position when the LLP becomes party to the contractual provisions of the instrument.

Page 5

 
EMPRISE ASSOCIATES LLP
 

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

2.Accounting policies (continued)


2.13
Financial instruments (continued)

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees during the year was 4 (2024 - 6).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Biological assets (Vines)
Total

£
£
£
£



Cost or valuation


At 1 April 2024
2,151,716
734,123
150,009
3,035,848


Additions
-
1,256
-
1,256



At 31 March 2025

2,151,716
735,379
150,009
3,037,104



Depreciation


At 1 April 2024
228,789
656,685
71,645
957,119


Charge for the year on owned assets
26,227
19,516
7,500
53,243



At 31 March 2025

255,016
676,201
79,145
1,010,362



Net book value



At 31 March 2025
1,896,700
59,178
70,864
2,026,742



At 31 March 2024
1,922,927
77,438
78,364
2,078,729

Page 6

 
EMPRISE ASSOCIATES LLP
 

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

5.


Debtors

2025
2024
£
£


Trade debtors
254,000
-

Other debtors
2,211
3,765

Prepayments and accrued income
14,780
17,347

270,991
21,112



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
48,916
64,561



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
-
10,000

Other loans
1,000,000
-

Trade creditors
26,315
38,474

Other taxation and social security
1,849
2,901

Other creditors
4,500
4,090

Accruals and deferred income
2,975
2,860

1,035,639
58,325



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
-
15,000

Other loans
-
1,000,000

-
1,015,000


Page 7

 
EMPRISE ASSOCIATES LLP
 

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

9.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
-
10,000

Other loans
1,000,000
-

Amounts falling due 1-2 years

Bank loans
-
15,000

Other loans
-
1,000,000



1,000,000
1,025,000


Other loans are secured by fixed charges over land and buildings of the partnership. The loan is interest only and repayable on 30 May 2025.


10.


Loans and other debts due to members

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


Page 8