Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC429109 2023-10-01 2024-09-30 OC429109 2022-04-01 2023-09-30 OC429109 2024-09-30 OC429109 2023-09-30 OC429109 c:ComputerEquipment 2023-10-01 2024-09-30 OC429109 c:ComputerEquipment 2024-09-30 OC429109 c:ComputerEquipment 2023-09-30 OC429109 c:ComputerEquipment c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC429109 c:CurrentFinancialInstruments 2024-09-30 OC429109 c:CurrentFinancialInstruments 2023-09-30 OC429109 c:Non-currentFinancialInstruments 2024-09-30 OC429109 c:Non-currentFinancialInstruments 2023-09-30 OC429109 c:CurrentFinancialInstruments c:WithinOneYear 2024-09-30 OC429109 c:CurrentFinancialInstruments c:WithinOneYear 2023-09-30 OC429109 c:Non-currentFinancialInstruments c:AfterOneYear 2024-09-30 OC429109 c:Non-currentFinancialInstruments c:AfterOneYear 2023-09-30 OC429109 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-09-30 OC429109 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2023-09-30 OC429109 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2024-09-30 OC429109 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2023-09-30 OC429109 d:FRS102 2023-10-01 2024-09-30 OC429109 d:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 OC429109 d:FullAccounts 2023-10-01 2024-09-30 OC429109 d:LimitedLiabilityPartnershipLLP 2023-10-01 2024-09-30 OC429109 d:PartnerLLP1 2023-10-01 2024-09-30 OC429109 d:PartnerLLP2 2023-10-01 2024-09-30 OC429109 c:FurtherSpecificReserve3ComponentTotalEquity 2024-09-30 OC429109 c:FurtherSpecificReserve3ComponentTotalEquity 2023-09-30 OC429109 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: OC429109










DAVID LANCASTER LLP








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
DAVID LANCASTER LLP
REGISTERED NUMBER: OC429109

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,321
1,617

  
1,321
1,617

Current assets
  

Debtors: amounts falling due within one year
 5 
-
2,500

Cash at bank and in hand
 6 
2,990
3,360

  
2,990
5,860

Creditors: Amounts Falling Due Within One Year
 7 
(11,700)
(11,700)

Net current liabilities
  
 
 
(8,710)
 
 
(5,840)

Total assets less current liabilities
  
(7,389)
(4,223)

Creditors: amounts falling due after more than one year
 8 
(5,967)
(14,917)

  
(13,356)
(19,140)

  

Net liabilities
  
(13,356)
(19,140)


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 10 
(13,356)
(19,140)

  
(13,356)
(19,140)

  

  
(13,356)
(19,140)


Total members' interests
  

Loans and other debts due to members
 10 
(13,356)
(19,140)

  
(13,356)
(19,140)

Page 1

 
DAVID LANCASTER LLP
REGISTERED NUMBER: OC429109
    
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 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.




D B Lancaster
L V Lancaster
Designated member
Designated member

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

David Lancaster 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

 
DAVID LANCASTER LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

David Lancaster LLP, OC429109, is a Limited Liability Partnership. It is incorporated in England & Wales. The registered office address is Shalden Park Farm Avenue Road, Shalden, Alton, Hampshire, United Kingdom, GU34 4DS.

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:

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.

 
2.3

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.

 
2.4

Borrowing costs

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

Page 3

 
DAVID LANCASTER LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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 .

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
Reducing Balance

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.
Page 4

 
DAVID LANCASTER LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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.


3.


Employees




The entity has no employees.


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 October 2023
2,697



At 30 September 2024

2,697



Depreciation


At 1 October 2023
1,080


Charge for the year on owned assets
296



At 30 September 2024

1,376



Net book value



At 30 September 2024
1,321



At 30 September 2023
1,617

Page 5

 
DAVID LANCASTER LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
2,500

-
2,500



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,990
3,360

2,990
3,360



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
8,950
8,950

Accruals and deferred income
2,750
2,750

11,700
11,700



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
5,967
14,917

5,967
14,917


Page 6

 
DAVID LANCASTER LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
8,950
8,950


8,950
8,950

Amounts falling due 1-2 years

Bank loans
5,967
8,950


5,967
8,950

Amounts falling due 2-5 years

Bank loans
-
5,967


-
5,967


14,917
23,867


Page 7

 
DAVID LANCASTER LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
(13,356)
(19,140)

(13,356)
(19,140)

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

2024
2023
£
£



Falling due within one year
(13,356)
(19,140)

(13,356)
(19,140)

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


11.


Comparatives

The comparatives figures are for an 18 month period.

 
Page 8