Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 Solicitors 2024-04-01 false 61 69 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC311332 2024-04-01 2025-03-31 OC311332 2023-04-01 2024-03-31 OC311332 2025-03-31 OC311332 2024-03-31 OC311332 c:Director4 2024-04-01 2025-03-31 OC311332 d:FurnitureFittings 2024-04-01 2025-03-31 OC311332 d:FurnitureFittings 2025-03-31 OC311332 d:FurnitureFittings 2024-03-31 OC311332 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC311332 d:Goodwill 2024-04-01 2025-03-31 OC311332 d:Goodwill 2025-03-31 OC311332 d:Goodwill 2024-03-31 OC311332 d:CurrentFinancialInstruments 2025-03-31 OC311332 d:CurrentFinancialInstruments 2024-03-31 OC311332 d:Non-currentFinancialInstruments 2025-03-31 OC311332 d:Non-currentFinancialInstruments 2024-03-31 OC311332 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 OC311332 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 OC311332 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 OC311332 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 OC311332 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 OC311332 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 OC311332 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-04-01 2025-03-31 OC311332 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2025-03-31 OC311332 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 OC311332 c:FRS102 2024-04-01 2025-03-31 OC311332 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC311332 c:FullAccounts 2024-04-01 2025-03-31 OC311332 c:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC311332 2 2024-04-01 2025-03-31 OC311332 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 OC311332 c:PartnerLLP1 2024-04-01 2025-03-31 OC311332 d:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC311332 d:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC311332 d:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC311332 d:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC311332 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC311332 SA LAW LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
SA LAW LLP REGISTERED NUMBER: OC311332 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 40,000 |  | 100,000
Tangible assets | 5 |  | 83,342 |  | 115,778
|  |  | 123,342 |  | 215,778
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 3,702,243 |  | 4,189,302 |
Cash at bank and in hand | 7 | 345,019 |  | - |
|  | 4,047,262 |  | 4,189,302 |
Creditors: Amounts Falling Due Within One Year | 8 | (943,518) |  | (1,591,766) |
Net current assets |  |  | 3,103,744 |  | 2,597,536
Total assets less current liabilities |  |  | 3,227,086 |  | 2,813,314
Creditors: amounts falling due after more than one year | 9 |  | (146,460) |  | (191,069)
|  |  | 3,080,626 |  | 2,622,245
Provisions for liabilities |  |  |  |  |
Other provisions | 11 | (47,664) |  | (62,922) |
|  |  | (47,664) |  | (62,922)
Net assets |  |  | 3,032,962 |  | 2,559,323
Page 1
SA LAW LLP REGISTERED NUMBER: OC311332 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 12 |  | 2,682,963 |  | 2,302,323
|  |  | 2,682,963 |  | 2,302,323
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 349,999 |  | 257,000 |
|  |  | 349,999 |  | 257,000
|  |  | 3,032,962 |  | 2,559,323
Total members' interests |  |  |  |  |
Loans and other debts due to members | 12 |  | 2,682,963 |  | 2,302,323
Members' other interests |  |  | 349,999 |  | 257,000
|  |  | 3,032,962 |  | 2,559,323
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 20 October 2025.
Stephen Ryan Associates Limited | T A Lacey Smith
Designated member | Designated member
The notes on pages 3 to 10 form part of these financial statements. SA Law 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
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
SA Law LLP is a Limited Liability Partnership incorporated in England and Wales. The principal activity of the LLP during the year under review was the provision of legal services. 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 | Operating leases: the LLP as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | 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.
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 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. Page 4
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets (continued)
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 & equipment | - |  | 20% - 33% straight line
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.
| 2.10 | 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.
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the year was 61 (2024 - 69).
Page 5
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2024 | 1,040,000
| At 31 March 2025 | 1,040,000
| Amortisation |
| At 1 April 2024 | 940,000
| Charge for the year on owned assets | 60,000
| At 31 March 2025 | 1,000,000
| Net book value |
| At 31 March 2025 | 40,000
| At 31 March 2024 | 100,000
Page 6
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Fixtures, fittings and equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 916,438
| Additions | 19,619
| At 31 March 2025 | 936,057
| Depreciation |
| At 1 April 2024 | 800,660
| Charge for the year on owned assets | 52,055
| At 31 March 2025 | 852,715
| Net book value |
| At 31 March 2025 | 83,342
| At 31 March 2024 | 115,778
Page 7
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,750,802 | 2,195,189
| Other debtors | 422 | -
| Prepayments and accrued income | 239,030 | 402,548
| Amounts recoverable on long term contracts | 1,711,989 | 1,591,565
|  | 3,702,243 | 4,189,302
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 345,019 | -
| Less: bank overdrafts | - | (734,957)
|  | 345,019 | (734,957)
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | - | 734,957
| Bank loans | 67,951 | 123,639
| Trade creditors | 238,328 | 338,566
| Other taxation and social security | 342,356 | 321,118
| Other creditors | 24,883 | 18,298
| Accruals and deferred income | 270,000 | 55,188
|  | 943,518 | 1,591,766
Page 8
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 146,460 | 191,069
|  | 146,460 | 191,069
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 67,951 | 123,639
|  | 67,951 | 123,639
| Amounts falling due 2-5 years |  |
| Bank loans | 146,460 | 191,069
|  | 146,460 | 191,069
|  | 214,411 | 314,708
11. | Provisions
|  | Other
|  | £
| At 1 April 2024 | 62,922
| Utilised in year | (15,258)
| At 31 March 2025 | 47,664
Page 9
SA LAW LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other amounts due to members | 2,682,963 | 2,302,323
|  | 2,682,963 | 2,302,323
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 2,682,963 | 2,302,323
|  | 2,682,963 | 2,302,323
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
Page 10