Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 true 2024-04-01 false No description of principal activity 2 true false OC421601 2024-04-01 2025-03-31 OC421601 2023-04-01 2024-03-31 OC421601 2025-03-31 OC421601 2024-03-31 OC421601 c:MotorVehicles 2024-04-01 2025-03-31 OC421601 c:MotorVehicles 2025-03-31 OC421601 c:MotorVehicles 2024-03-31 OC421601 c:MotorVehicles c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC421601 c:FurnitureFittings 2024-04-01 2025-03-31 OC421601 c:FurnitureFittings 2025-03-31 OC421601 c:FurnitureFittings 2024-03-31 OC421601 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC421601 c:OfficeEquipment 2024-04-01 2025-03-31 OC421601 c:OfficeEquipment 2025-03-31 OC421601 c:OfficeEquipment 2024-03-31 OC421601 c:OfficeEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC421601 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC421601 c:CurrentFinancialInstruments 2025-03-31 OC421601 c:CurrentFinancialInstruments 2024-03-31 OC421601 c:Non-currentFinancialInstruments 2025-03-31 OC421601 c:Non-currentFinancialInstruments 2024-03-31 OC421601 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC421601 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC421601 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC421601 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC421601 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-03-31 OC421601 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-03-31 OC421601 d:FRS102 2024-04-01 2025-03-31 OC421601 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC421601 d:FullAccounts 2024-04-01 2025-03-31 OC421601 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC421601 2 2024-04-01 2025-03-31 OC421601 d:PartnerLLP1 2024-04-01 2025-03-31 OC421601 d:PartnerLLP2 2024-04-01 2025-03-31 OC421601 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC421601 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC421601 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC421601 SCHOOL I.D. LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
SCHOOL I.D. LLP REGISTERED NUMBER: OC421601 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 3 |  | 6,686 |  | 8,874
|  |  | 6,686 |  | 8,874
Current assets |  |  |  |  |
Stocks |  | 2,650 |  | 1,293 |
Debtors: amounts falling due within one year | 4 | 16,864 |  | 24,192 |
Cash at bank and in hand | 5 | 24,794 |  | 38,408 |
|  | 44,308 |  | 63,893 |
Creditors: Amounts Falling Due Within One Year | 6 | (28,174) |  | (31,189) |
Net current assets |  |  | 16,134 |  | 32,704
Total assets less current liabilities |  |  | 22,820 |  | 41,578
Creditors: amounts falling due after more than one year | 7 |  | (530) |  | (4,314)
|  |  | 22,290 |  | 37,264
Net assets |  |  | 22,290 |  | 37,264
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 22,290 |  | 37,264 |
|  |  | 22,290 |  | 37,264
|  |  | 22,290 |  | 37,264
Total members' interests |  |  |  |  |
Members' other interests |  |  | 22,290 |  | 37,264
|  |  | 22,290 |  | 37,264
Page 1
SCHOOL I.D. LLP REGISTERED NUMBER: OC421601 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 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 by:
L Taylor | S Taylor
Designated member | Designated member
Date: 20 October 2025 |
The notes on pages 3 to 8 form part of these financial statements. School I.D. 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
SCHOOL I.D. LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
School I.D. LLP is a limited liability partnership incorporated in England and Wales (registered number OC421601). The registered office is 101 New Cavendish Street, 1st Floor South, London, England, W1W 6XH. The financial statements are presented in Sterling, which is the functional currency of the LLP. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the LLP's accounting policies. 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.
| 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. Page 3
SCHOOL I.D. LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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 Statement of financial position. The assets of the plan are held separately from the LLP in independently administered funds.
| 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 | 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 a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% | reducing balance method
|  |  |  | Fixtures and fittings | - | 15% | reducing balance method
|  |  |  | Office equipment | - | 25% | reducing balance method
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
SCHOOL I.D. LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately 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. Page 5
SCHOOL I.D. LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 47,742 | 751 | 522 | 49,015
| At 31 March 2025 | 47,742 | 751 | 522 | 49,015
| Depreciation |  |  |  |
| At 1 April 2024 | 39,245 | 467 | 428 | 40,140
| Charge for the year on owned assets | 2,124 | 42 | 23 | 2,189
| At 31 March 2025 | 41,369 | 509 | 451 | 42,329
| Net book value |  |  |  |
| At 31 March 2025 | 6,373 | 242 | 71 | 6,686
| At 31 March 2024 | 8,497 | 284 | 93 | 8,874
Page 6
SCHOOL I.D. LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 14,064 | 22,978
| Other debtors | 2,800 | 1,215
|  | 16,864 | 24,193
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 24,794 | 38,408
|  | 24,794 | 38,408
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 4,145 | 4,145
| Trade creditors | 21,133 | 23,881
| Other taxation and social security | - | 283
| Other creditors | 896 | 880
| Accruals and deferred income | 2,000 | 2,000
|  | 28,174 | 31,189
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 530 | 4,314
|  | 530 | 4,314
Page 7
SCHOOL I.D. LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 4,145 | 4,145
|  | 4,145 | 4,145
| Amounts falling due 1-2 years |  |
| Bank loans | 530 | 4,314
|  | 530 | 4,314
|  | 4,675 | 8,459
Page 8