Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 true 2024-04-01 false No description of principal activity 5 5 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC362756 2024-04-01 2025-03-31 OC362756 2023-04-01 2024-03-31 OC362756 2025-03-31 OC362756 2024-03-31 OC362756 c:Director1 2024-04-01 2025-03-31 OC362756 c:Director2 2024-04-01 2025-03-31 OC362756 c:Director3 2024-04-01 2025-03-31 OC362756 d:PlantMachinery 2024-04-01 2025-03-31 OC362756 d:OfficeEquipment 2024-04-01 2025-03-31 OC362756 d:OfficeEquipment 2025-03-31 OC362756 d:OfficeEquipment 2024-03-31 OC362756 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC362756 d:CurrentFinancialInstruments 2025-03-31 OC362756 d:CurrentFinancialInstruments 2024-03-31 OC362756 d:CurrentFinancialInstruments 2 2025-03-31 OC362756 d:CurrentFinancialInstruments 2 2024-03-31 OC362756 d:Non-currentFinancialInstruments 2025-03-31 OC362756 d:Non-currentFinancialInstruments 2024-03-31 OC362756 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 OC362756 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 OC362756 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 OC362756 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 OC362756 c:FRS102 2024-04-01 2025-03-31 OC362756 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC362756 c:FullAccounts 2024-04-01 2025-03-31 OC362756 c:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC362756 c:PartnerLLP1 2024-04-01 2025-03-31 OC362756 c:PartnerLLP2 2024-04-01 2025-03-31 OC362756 d:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC362756 d:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC362756 d:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC362756 d:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC362756 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

LLP registered number: OC362756 (England & Wales)
| AKIRA PARTNERS LLP |
| ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Pages for Filing with Registrar |
AKIRA PARTNERS LLP
CONTENTS
| Page
Limited Liability Partnership Information | 1
Balance Sheet | 2 - 3
Notes to the Financial Statements | 4 - 9
AKIRA PARTNERS LLP
LIMITED LIABILITY PARTNERSHIP INFORMATION
Designated Members Akira Partners UK Ltd Andre Sokol Matthias Uepping
LLP registered number OC362756
LLP registered number OC362756
Registered office 304 Westbourne Grove London W11 2PS
Accountants Lewis Golden LLP 40 Queen Anne Street London W1G 9EL
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LLP registered number: OC362756 (England & Wales) AKIRA PARTNERS LLP
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible fixed assets | 4 |  | 7,625 |  | 7,158
Current assets |  |  |  |  |
Debtors | 5 | 1,409,871 |  | 1,087,392 |
Cash at bank and in hand |  | 2,107,286 |  | 3,186,469 |
|  | 3,517,157 |  | 4,273,861 |
Creditors: amounts falling due within one year | 7 | (2,321,071) |  | (2,353,894) |
Net current assets |  |  | 1,196,086 |  | 1,919,967
Creditors: amounts falling due after more than one year | 8 |  | (333,333) |  | (833,333)
Net assets before loans and other debts due to members |  |  | 870,378 |  | 1,093,792
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts classified as liability and equity | 9 |  | 50,000 |  | 50,000
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 50,000 |  | 50,000 |
Other reserves |  | 770,378 |  | 993,792 |
|  |  | 820,378 |  | 1,043,792
|  |  | 870,378 |  | 1,093,792
Total members' interests |  |  |  |  |
Amounts due from members (included in debtors) | 5 |  | (1,301,402) |  | (865,522)
Loans and other debts due to members | 8 |  | 50,000 |  | 50,000
Members' other interests |  |  | 820,378 |  | 1,043,792
|  |  | (431,024) |  | 228,270
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LLP registered number: OC362756 (England & Wales) AKIRA PARTNERS LLP
BALANCE SHEET (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 relating to small Limited Liability Partnerships. 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 prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The entity has opted not to file the Members' Report and Profit and Loss Account 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:
Andre Sokol | Matthias Uepping
Designated member | Designated member
Date: 18 July 2025 | Date:18 July 2025
The notes on pages 4 to 9 form part of these financial statements. - 3 -
AKIRA PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Akira Partners LLP is a Limited Liability Partnership, incorporated in England and Wales, LLP registered number OC362756. The address of the registered office is 304 Westbourne Grove, London W11 2PS. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A - small entities of Financial Reporting Standard 102 ('FRS 102'), the 'Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships - December 2018.
| 2.2 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover comprises retainer fees, success fees and recharged expenses. Retainer fees are recognised in the period to which the work is completed. Success fees are amounts receivable which depend on projects being successful, at a point determined between the LLP and its customers. The turnover is recognised when the LLP has a right to the consideration. Recharged expenses are recognised on the accruals basis.
| 2.3 | Operating leases: the LLP as lessor
Rental income from operating leases, presented as other operating income, is credited to the Profit and Loss Account on a straight line basis over the term of the relevant lease.
| 2.4 | 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. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery etc. | - | 33% | 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 the Profit and Loss Account.
| 2.5 | Finance costs
Finance costs are charged to the Profit and Loss Account 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. - 4 -
AKIRA PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Debtors
Short-term debtors are measured at the 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.
| 2.7 | Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term 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.
| 2.8 | 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. Financial assets that are measured at cost and amortised are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.
| 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.
| 2.10 | 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 the Profit and Loss Account. - 5 -
AKIRA PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.11 | Operating leases: the LLP as lessee
Operating leases which do not transfer all the risks and rewards of ownership are classified as operating leases. Rentals paid under operating leases are charged to the Profit and Loss Account on a straight line basis over the lease term.
| 2.12 | 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 the Profit and Loss Account 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.
| 2.13 | Members' remuneration
A member's share of the profit or loss for the period is accounted for as an allocation of profits. Unallocated profits or losses are included within 'Other Reserves'.
3. | Employees
| The average monthly number of employees, including members, during the year was 5 (2024 - 5).
- 6 -
AKIRA PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Plant and machinery etc.
|  | £
| Cost |
| At 1 April 2024 | 11,960
| Additions | 2,829
| At 31 March 2025 | 14,789
| Depreciation |
| At 1 April 2024 | 4,802
| Charge for the year | 2,362
| At 31 March 2025 | 7,164
| Net book value |
| At 31 March 2025 | 7,625
| At 31 March 2024 | 7,158
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AKIRA PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 103,164 | 215,828
| Other debtors | 5,305 | 6,042
| Amounts due from members | 1,301,402 | 865,522
|  | 1,409,871 | 1,087,392
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 2,107,286 | 3,186,469
|  | 2,107,286 | 3,186,469
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 500,000 | 500,000
| Other taxation and social security | 1,861 | 1,319
| Other creditors | 1,819,210 | 1,852,575
|  | 2,321,071 | 2,353,894
8. | Creditors: amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 333,333 | 833,333
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AKIRA PARTNERS LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other amounts classified as liability and equity | 50,000 | 50,000
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up. 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.
10. | Related party transactions
| During the year, the members took drawings from the LLP of £1,429,672 (2024 - £4,930,211). At the balance sheet date, the amounts owed from members was £1,301,402 (2024 - £865,522), pending allocation of this year's profits in the next financial year. The balances are interest free and repayable on demand. At the balance sheet date a loan of £50,000 (2024 - £50,000) was due to a designated member. The loan is interest free and there are no fixed repayment terms.
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