Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01financial consultingfalse00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC321791 2024-01-01 2024-12-31 OC321791 2023-01-01 2023-12-31 OC321791 2024-12-31 OC321791 2023-12-31 OC321791 c:FurnitureFittings 2024-12-31 OC321791 c:FurnitureFittings 2023-12-31 OC321791 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 OC321791 c:ComputerEquipment 2024-01-01 2024-12-31 OC321791 c:ComputerEquipment 2024-12-31 OC321791 c:ComputerEquipment 2023-12-31 OC321791 c:ComputerEquipment c:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 OC321791 c:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 OC321791 c:CurrentFinancialInstruments 2024-12-31 OC321791 c:CurrentFinancialInstruments 2023-12-31 OC321791 c:CurrentFinancialInstruments 2 2024-12-31 OC321791 c:CurrentFinancialInstruments 2 2023-12-31 OC321791 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 OC321791 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 OC321791 e:FRS102 2024-01-01 2024-12-31 OC321791 e:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 OC321791 e:FullAccounts 2024-01-01 2024-12-31 OC321791 e:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC321791 e:PartnerLLP1 2024-01-01 2024-12-31 OC321791 c:FurtherSpecificReserve3ComponentTotalEquity 2024-12-31 OC321791 c:FurtherSpecificReserve3ComponentTotalEquity 2023-12-31 OC321791 f:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: OC321791


AA ADVISERS LLP
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024


















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Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ

 
AA ADVISERS LLP
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AA ADVISERS LLP
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), we have prepared for your approval the financial statements of AA Advisers LLP for the year ended 31 December 2024 which comprise  the Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the members in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of AA Advisers LLP and state those matters that we have agreed to state to the AA Advisers LLP's members in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AA Advisers LLP and its members for our work or for this report. 

It is your duty to ensure that AA Advisers LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AA Advisers LLP. You consider that AA Advisers LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of AA Advisers LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Haggards Crowther LLP
 
Chartered Accountants
  
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ
16 July 2025
Page 1

 
AA ADVISERS LLP
REGISTERED NUMBER: OC321791

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
86

  
-
86

Current assets
  

Debtors: amounts falling due within one year
 5 
41,529
40,403

Cash at bank and in hand
  
1,484
4,404

  
43,013
44,807

Creditors: Amounts Falling Due Within One Year
 6 
(3,013)
(4,893)

Net current assets
  
 
 
40,000
 
 
39,914

Total assets less current liabilities
  
40,000
40,000

  

Net assets
  
40,000
40,000


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
40,000
40,000

  
40,000
40,000

  

  
40,000
40,000


Total members' interests
  

Amounts due from members (included in debtors)
 5 
(41,529)
(38,619)

Loans and other debts due to members
  
40,000
40,000

  
(1,529)
1,381


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.
Page 2

 
AA ADVISERS LLP
REGISTERED NUMBER: OC321791
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024


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: 




J D M Bell
Designated member

Date: 16 July 2025

The notes on pages 5 to 8 form part of these financial statements.

AA Advisers 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 3

 
AA ADVISERS LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 DECEMBER 2024





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

£
£
£

Amounts due to members 
40,000
-
40,000

Amounts due from members 

(36,847)
(36,847)

Balance at 1 January 2023 
40,000
(36,847)
3,153

Members' remuneration charged as an expense
-
412,711
412,711

Members' interests after profit for the year
40,000
375,864
415,864

Drawings on account and distribution of profit
-
(414,483)
(414,483)

Amounts due to members
40,000
-
40,000

Amounts due from members
 

(38,619)
(38,619)

Balance at 31 December 2023
40,000
(38,619)
1,381

Members' remuneration charged as an expense
-
45,400
45,400

Members' interests after profit for the year
40,000
6,781
46,781

Drawings on account and distribution of profit
-
(48,311)
(48,311)

Amounts due to members
40,000
-
40,000

Amounts due from members
 

(41,529)
(41,529)

Balance at 31 December 2024 
40,000
(41,529)
(1,529)

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

 
AA ADVISERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


Statutory information

AA Advisers LLP is a limited liability partnership registered in England and Wales. The partnership's registered address is 2nd Floor, Heathmans House, 19 Heathmans Road, SW6 4TJ.

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

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors there are no jjudgements or key sources of estimation uncertainty that affect the preparation of the financial statements.

  
2.3

Turnover

Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.
Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

 
2.4

Tangible fixed assets


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
-
33%




Page 5

 
AA ADVISERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

  
2.5

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 Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. 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 statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of
financial position.
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 statement of comprehensive income and are equity appropriations in the statement of financial position.
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  he 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 statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.


3.


Employees


The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

Page 6

 
AA ADVISERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2024
1,613
6,329
7,942



At 31 December 2024

1,613
6,329
7,942



Depreciation


At 1 January 2024
1,613
6,243
7,856


Charge for the year on owned assets
-
86
86



At 31 December 2024

1,613
6,329
7,942



Net book value



At 31 December 2024
-
-
-



At 31 December 2023
-
86
86

Page 7

 
AA ADVISERS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
-
1,784

Amounts due from members
41,529
38,619

41,529
40,403



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
913
2,973

Other creditors
2,100
1,920

3,013
4,893



7.


Loans and other debts due to members

New members are required to subscribe a minimum level of loans. In subsequent years members may be required to subscribe further loans to meet the partnership's regulatory requirements, the amounts of which are determined by the performance and seniority of those members. On retirement, loans are repaid to members.

 
Page 8