Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-30 2024-11-30 No description of principal activity 2023-12-01 false 25 25 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC417602 2023-12-01 2024-11-30 OC417602 2022-12-01 2023-11-30 OC417602 2024-11-30 OC417602 2023-11-30 OC417602 c:Buildings c:LongLeaseholdAssets 2023-12-01 2024-11-30 OC417602 c:Buildings c:LongLeaseholdAssets 2024-11-30 OC417602 c:Buildings c:LongLeaseholdAssets 2023-11-30 OC417602 c:MotorVehicles 2023-12-01 2024-11-30 OC417602 c:MotorVehicles 2024-11-30 OC417602 c:MotorVehicles 2023-11-30 OC417602 c:MotorVehicles c:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 OC417602 c:ComputerEquipment 2023-12-01 2024-11-30 OC417602 c:ComputerEquipment 2024-11-30 OC417602 c:ComputerEquipment 2023-11-30 OC417602 c:ComputerEquipment c:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 OC417602 c:OtherPropertyPlantEquipment 2023-12-01 2024-11-30 OC417602 c:OtherPropertyPlantEquipment 2024-11-30 OC417602 c:OtherPropertyPlantEquipment 2023-11-30 OC417602 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 OC417602 c:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 OC417602 c:CurrentFinancialInstruments 2024-11-30 OC417602 c:CurrentFinancialInstruments 2023-11-30 OC417602 c:CurrentFinancialInstruments c:WithinOneYear 2024-11-30 OC417602 c:CurrentFinancialInstruments c:WithinOneYear 2023-11-30 OC417602 d:FRS102 2023-12-01 2024-11-30 OC417602 d:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 OC417602 d:FullAccounts 2023-12-01 2024-11-30 OC417602 d:LimitedLiabilityPartnershipLLP 2023-12-01 2024-11-30 OC417602 d:PartnerLLP1 2023-12-01 2024-11-30 OC417602 d:PartnerLLP2 2023-12-01 2024-11-30 OC417602 c:FurtherSpecificReserve3ComponentTotalEquity 2024-11-30 OC417602 c:FurtherSpecificReserve3ComponentTotalEquity 2023-11-30 OC417602 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Company registration number: OC417602
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE PERIOD ENDED 30 NOVEMBER 2024
| AKASHCO LLP
AKASHCO LLP |  |
INFORMATION
Designated members J S Ahmed
S F Ahmed
LLP registered number OC417602
Registered office 99 - 101 The Akash Restaurant, Albert Road, Southsea, Hampshire, PO5 2SG
Accountants Menzies LLP, 3000a Parkway, Whiteley, Hampshire, PO15 7FX
AKASHCO LLP |  |
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 7
AKASHCO LLP REGISTERED NUMBER:OC417602 |  |
STATEMENT OF FINANCIAL POSITION AS AT 30 NOVEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 45,763 |  | 52,698
|  |  | 45,763 |  | 52,698
Current assets |  |  |  |  |
Stocks |  | 3,250 |  | 3,000 |
Debtors: amounts falling due within one year | 5 | 2,753 |  | 7,667 |
Cash at bank and in hand |  | 41,500 |  | 34,657 |
|  | 47,503 |  | 45,324 |
Creditors: Amounts Falling Due Within One Year | 6 | (65,063) |  | (82,993) |
Net current liabilities |  |  | (17,560) |  | (37,669)
Total assets less current liabilities |  |  | 28,203 |  | 15,029
Net assets |  |  | 28,203 |  | 15,029
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 7 |  | 28,203 |  | 15,029
|  |  | 28,203 |  | 15,029
|  |  | 28,203 |  | 15,029
Total members' interests |  |  |  |  |
Loans and other debts due to members | 7 |  | 28,203 |  | 15,029
|  |  | 28,203 |  | 15,029
Page 1
AKASHCO LLP REGISTERED NUMBER:OC417602 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 NOVEMBER 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 16 October 2025.
................................................ J S Ahmed
Designated member
The notes on pages 3 to 7 form part of these financial statements. Akashco 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
AKASHCO LLP |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024
1. | General information
Akashco LLP is a Limited Liability Partnership registered in England & Wales. The LLP's registered number and registered office address can be found on the Company Information page. 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: 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 | 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.
| 2.4 | 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. Page 3
AKASHCO LLP |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024 2.Accounting policies (continued)
| 2.5 | 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 .
| 2.6 | 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/ reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Leasehold property improvements | - | 10% | straight line
|  |  |  | Motor vehicles | - | 25% | reducing balance
|  |  |  | Computer equipment | - | 33% | straight line
|  |  |  | Equipment | - | 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.
| 2.7 | Stocks
Stocks are stated at cost price. Page 4
AKASHCO LLP |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024 2.Accounting policies (continued)
| 2.8 | Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits). Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP. Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities. Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the Statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the Statement of financial position. Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the Statement of comprehensive income and are equity appropriations in the Statement of financial position. Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment. All amounts due to members that are classified as liabilities are presented in the Statement of financial position within 'Loans and other debts due to members' and are charged to the Statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of financial position within 'Members' other interests'.
3. | Employees
| The average monthly number of employees during the period was as follows:
|  |  | 2024 | 2023
|  |  | No. | No.
|  | Staff | 25 | 25
Page 5
AKASHCO LLP |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024
4. | Tangible fixed assets
|  | Leasehold property Improvement | Motor vehicles | Computer equipment | Other fixed assets | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 December 2023 | 75,711 | 1,500 | 10,411 | 17,597 | 105,219
| Additions | - | - | 550 | - | 550
| At 30 November 2024 | 75,711 | 1,500 | 10,961 | 17,597 | 105,769
| Depreciation |  |  |  |  |
| At 1 December 2023 | 28,255 | 375 | 8,119 | 15,772 | 52,521
| Charge for the period on owned assets | 5,047 | 187 | 1,643 | 608 | 7,485
| At 30 November 2024 | 33,302 | 562 | 9,762 | 16,380 | 60,006
| Net book value |  |  |  |  |
| At 30 November 2024 | 42,409 | 938 | 1,199 | 1,217 | 45,763
| At 30 November 2023 | 47,456 | 1,125 | 2,292 | 1,825 | 52,698
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 2,426 | 3,560
| Amounts owed by group undertakings | 123 | -
| Other debtors | 204 | 1,743
| Prepayments and accrued income | - | 2,364
|  | 2,753 | 7,667
Page 6
AKASHCO LLP |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2024
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 22,699 | 41,796
| Other taxation and social security | 28,389 | 27,485
| Other creditors | 10,125 | 8,745
| Accruals and deferred income | 3,850 | 4,967
|  | 65,063 | 82,993
7. | Loans and other debts due to members
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other amounts due to members | 28,203 | 15,029
|  | 28,203 | 15,029
| Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.
Page 7