Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-303642trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-10-01falseNo description of principal activitytruefalse OC383435 2023-10-01 2024-09-30 OC383435 2022-10-01 2023-09-30 OC383435 2024-09-30 OC383435 2023-09-30 OC383435 c:FurnitureFittings 2023-10-01 2024-09-30 OC383435 c:FurnitureFittings 2024-09-30 OC383435 c:FurnitureFittings 2023-09-30 OC383435 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 OC383435 c:Goodwill 2023-10-01 2024-09-30 OC383435 c:Goodwill 2024-09-30 OC383435 c:Goodwill 2023-09-30 OC383435 c:CurrentFinancialInstruments 2024-09-30 OC383435 c:CurrentFinancialInstruments 2023-09-30 OC383435 c:Non-currentFinancialInstruments 2024-09-30 OC383435 c:Non-currentFinancialInstruments 2023-09-30 OC383435 c:CurrentFinancialInstruments c:WithinOneYear 2024-09-30 OC383435 c:CurrentFinancialInstruments c:WithinOneYear 2023-09-30 OC383435 c:Non-currentFinancialInstruments c:AfterOneYear 2024-09-30 OC383435 c:Non-currentFinancialInstruments c:AfterOneYear 2023-09-30 OC383435 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2024-09-30 OC383435 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2023-09-30 OC383435 d:FRS102 2023-10-01 2024-09-30 OC383435 d:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 OC383435 d:FullAccounts 2023-10-01 2024-09-30 OC383435 d:LimitedLiabilityPartnershipLLP 2023-10-01 2024-09-30 OC383435 c:Goodwill c:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 OC383435 2 2023-10-01 2024-09-30 OC383435 d:PartnerLLP1 2023-10-01 2024-09-30 OC383435 c:FurtherSpecificReserve3ComponentTotalEquity 2024-09-30 OC383435 c:FurtherSpecificReserve3ComponentTotalEquity 2023-09-30 OC383435 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: OC383435










HUNTER'S SOLICITORS LLP








UNAUDITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
HUNTER'S SOLICITORS LLP
REGISTERED NUMBER: OC383435

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
33,777
43,111

Tangible assets
 5 
12,375
5,000

  
46,152
48,111

Current assets
  

Stocks
  
798,758
408,670

Debtors: amounts falling due within one year
 6 
723,051
589,422

Cash at bank and in hand
 7 
1,000
96,576

  
1,522,809
1,094,668

Creditors: Amounts Falling Due Within One Year
 8 
(1,295,127)
(776,004)

Net current assets
  
 
 
227,682
 
 
318,664

Total assets less current liabilities
  
273,834
366,775

Creditors: amounts falling due after more than one year
 9 
(43,702)
(104,767)

  
230,132
262,008

  

Net assets
  
230,132
262,008


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 11 
230,132
262,008

  
230,132
262,008

  

  
230,132
262,008


Total members' interests
  

Loans and other debts due to members
 11 
230,132
262,008

  
230,132
262,008


Page 1

 
HUNTER'S SOLICITORS LLP
REGISTERED NUMBER: OC383435

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 29 July 2025.




A. Luiz-Barrea
Designated member

The notes on pages 3 to 9 form part of these financial statements.

Hunter's Solicitors 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

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Hunter's Solicitors Limited Liability Partnership was incorporated in England and Wales. The registered office address is Room 10, Suffolk House, 54-55 The Green, High Wycombe, HP10 0EU.

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 represents the amount derived from the provision of services during the year and the cost of work in progress and the profit element thereon at the balance sheet date, from the limited liability partnership's ordinary activities, after the deduction of value added tax. 

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

 
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 Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

Page 3

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
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

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures, fittings and equipment
-
Straight line over 4 years

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.

Page 4

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

  
2.11

Work in progress

Work in progress is valued at the lower of cost and net realisable value. 

  
2.12

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.13

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.

 
2.14

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.


3.


Employees

The average monthly number of employees, including directors, during the Year was 42 (2023 - 36).

Page 5

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
64,667


Additions
18,333



At 30 September 2024

83,000



Amortisation


At 1 October 2023
21,556


Impairment charge
27,667



At 30 September 2024

49,223



Net book value



At 30 September 2024
33,777



At 30 September 2023
43,111



Page 6

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Fixtures, fittings and equipment

£



Cost or valuation


At 1 October 2023
10,000


Additions
13,166



At 30 September 2024

23,166



Depreciation


At 1 October 2023
5,000


Charge for the Year on owned assets
5,791



At 30 September 2024

10,791



Net book value



At 30 September 2024
12,375



At 30 September 2023
5,000


6.


Debtors

2024
2023
£
£


Trade debtors
723,051
589,422

723,051
589,422



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,000
96,576

Less: bank overdrafts
(1,146)
-

(146)
96,576


Page 7

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
1,146
-

Bank loans
523,397
121,182

Other loans
39,250
25,000

Trade creditors
418,706
368,879

Other taxation and social security
307,948
256,814

Other creditors
4,680
4,129

1,295,127
776,004



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
43,702
104,767

43,702
104,767



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
523,397
121,182

Other loans
39,250
25,000


562,647
146,182


Amounts falling due 2-5 years

Bank loans
43,702
104,767


43,702
104,767


606,349
250,949


Page 8

 
HUNTER'S SOLICITORS LLP
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

11.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
230,132
262,008

230,132
262,008

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

2024
2023
£
£



Falling due within one year
230,132
262,008

230,132
262,008

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


12.


Pension commitments

The entity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity  in an independently administered fund. The pension cost charge represents contributions payable by the entity  to the fund and amounted to £28,330 (2023 - £18,447) . Contributions totalling £4,680 (2023 - £4,129) were payable to the fund at the balance sheet date and are included in creditors.


13.Members' personal guarantees

A Luiz-Barrea has given personal gurantees in respect of several of the entities borrowing facilities.


Page 9