Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false No description of principal activity 4 4 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC388177 2024-04-01 2025-03-31 OC388177 2023-04-01 2024-03-31 OC388177 2025-03-31 OC388177 2024-03-31 OC388177 c:Buildings c:LongLeaseholdAssets 2024-04-01 2025-03-31 OC388177 c:FurnitureFittings 2024-04-01 2025-03-31 OC388177 c:FurnitureFittings 2025-03-31 OC388177 c:FurnitureFittings 2024-03-31 OC388177 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC388177 c:ComputerEquipment 2024-04-01 2025-03-31 OC388177 c:ComputerEquipment 2025-03-31 OC388177 c:ComputerEquipment 2024-03-31 OC388177 c:ComputerEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC388177 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC388177 c:LeaseholdInvestmentProperty 2025-03-31 OC388177 c:LeaseholdInvestmentProperty 2024-03-31 OC388177 c:LeaseholdInvestmentProperty 2 2024-04-01 2025-03-31 OC388177 c:CurrentFinancialInstruments 2025-03-31 OC388177 c:CurrentFinancialInstruments 2024-03-31 OC388177 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC388177 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC388177 e:FRS102 2024-04-01 2025-03-31 OC388177 e:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC388177 e:FullAccounts 2024-04-01 2025-03-31 OC388177 e:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC388177 2 2024-04-01 2025-03-31 OC388177 e:PartnerLLP4 2024-04-01 2025-03-31 OC388177 c:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC388177 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC388177 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC388177 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC388177 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC388177 WOODSTOCK FIVE LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
WOODSTOCK FIVE LLP REGISTERED NUMBER: OC388177 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 612 |  | 855
Investment property | 5 |  | 2,015,000 |  | 1,850,000
|  |  | 2,015,612 |  | 1,850,855
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 7,611 |  | 6,089 |
Cash at bank and in hand | 7 | 20,436 |  | 24,221 |
|  | 28,047 |  | 30,310 |
Creditors: Amounts Falling Due Within One Year | 8 | (12,863) |  | (6,865) |
Net current assets |  |  | 15,184 |  | 23,445
Total assets less current liabilities |  |  | 2,030,796 |  | 1,874,300
Net assets |  |  | 2,030,796 |  | 1,874,300
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' capital classified as a liability |  |  | 1,705,392 |  | 1,713,896
|  |  | 1,705,392 |  | 1,713,896
Members' other interests |  |  |  |  |
Non-distributable profit and loss account | 5 | 325,404 |  | 160,404 |
|  |  | 325,404 |  | 160,404
|  |  | 2,030,796 |  | 1,874,300
Total members' interests |  |  |  |  |
Loans and other debts due to members | 9 |  | 1,705,392 |  | 1,713,896
Members' other interests | 5 |  | 325,404 |  | 160,404
|  |  | 2,030,796 |  | 1,874,300
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WOODSTOCK FIVE LLP REGISTERED NUMBER: OC388177 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:
S A H Olins
Designated member
Date: 22 October 2025
The notes on pages 3 to 8 form part of these financial statements. Woodstock Five 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
WOODSTOCK FIVE LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.Accounting policies
| 1.1 | 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', including the Statement of Recommended Practice ‘Accounting for Limited Liability Partnerships’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 financial statements are presented in £ sterling which is the functional currency of the LLP and rounded to the nearest £1. The following principal accounting policies have been applied:
| 1.2 | Going concern
The financial statements have been prepared on a going concern basis. The members have considered relevant information, including the annual budget, forecast future cash flows and the Impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the LLP, the members have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the members' report and accounts.
| 1.3 | 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.
| 1.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
WOODSTOCK FIVE LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.Accounting policies (continued)
| 1.5 | 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 . In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.
| 1.6 | 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:
|  |  |  | Long-term leasehold property | - |  | Over the term of the lease
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Computer equipment | - | 25% |
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.
| 1.7 | Investment property
Investment property is carried at fair value determined annually by external valuers or by the designated members and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss. Page 4
WOODSTOCK FIVE LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.Accounting policies (continued)
| 1.8 | 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.
| 1.9 | 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.
| 1.10 | 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.
| 1.11 | Financial instruments
The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Page 5
WOODSTOCK FIVE LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.Accounting policies (continued)
| 1.11 | Financial instruments (continued)
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
2. | General information
Woodstock Five LLP is a limited liability partnership, domiciled in England and Wales, registration number OC388177. The registered office is 5 Hollycroft Avenue, London, NW3 7QG.
3. | Employees
| The average monthly number of employees, including designated members, during the year was 4 (2024 - 4).
4. | Tangible fixed assets
|  | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 April 2024 | 971 | 1,224 | 2,195
| At 31 March 2025 | 971 | 1,224 | 2,195
| Depreciation |  |  |
| At 1 April 2024 | 118 | 1,222 | 1,340
| Charge for the year | 243 | - | 243
| At 31 March 2025 | 361 | 1,222 | 1,583
| Net book value |  |  |
| At 31 March 2025 | 610 | 2 | 612
| At 31 March 2024 | 853 | 2 | 855
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WOODSTOCK FIVE LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Investment property
|  | Long term leasehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 1,850,000
| Surplus on revaluation | 165,000
| At 31 March 2025 | 2,015,000
Investment properties are held at fair value through profit or loss. The fair value of the properties have been valued by the external valuers by reference to recent transactions of similar properties in the same development around the reporting date. The 2025 valuations were made by professional external valuers, on an open market value for existing use basis.
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Non-distributable profit and loss account |  |
| At 1 April 2024 | 160,404 | 275,404
| Fair value movements | 165,000 | (115,000)
| At 31 March 2025 | 325,404 | 160,404
| If the investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 1,689,596 | 1,689,596
|  | 1,689,596 | 1,689,596
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WOODSTOCK FIVE LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 180 | -
| Prepayments and accrued income | 7,431 | 6,089
|  | 7,611 | 6,089
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 20,436 | 24,221
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 3,288 | -
| Accruals and deferred income | 9,575 | 6,865
|  | 12,863 | 6,865
9. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Members' capital treated as debt | 1,705,392 | 1,713,896
| In the event of winding up, amounts in ‘Loans and other debts due to members’ would rank equally with other unsecured creditors. There are no restrictions or limitations on the ability of members to reduce the amount of members' other interests.
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