Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false No description of principal activity 21 18 true true OC310798 2024-04-01 2025-03-31 OC310798 2023-04-01 2024-03-31 OC310798 2025-03-31 OC310798 2024-03-31 OC310798 c:Buildings 2024-04-01 2025-03-31 OC310798 c:Buildings 2025-03-31 OC310798 c:Buildings 2024-03-31 OC310798 c:Buildings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC310798 c:FurnitureFittings 2024-04-01 2025-03-31 OC310798 c:FurnitureFittings 2025-03-31 OC310798 c:FurnitureFittings 2024-03-31 OC310798 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC310798 c:OfficeEquipment 2024-04-01 2025-03-31 OC310798 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC310798 c:CurrentFinancialInstruments 2025-03-31 OC310798 c:CurrentFinancialInstruments 2024-03-31 OC310798 c:Non-currentFinancialInstruments 2025-03-31 OC310798 c:Non-currentFinancialInstruments 2024-03-31 OC310798 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC310798 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC310798 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC310798 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC310798 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-03-31 OC310798 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-03-31 OC310798 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2025-03-31 OC310798 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2024-03-31 OC310798 d:FRS102 2024-04-01 2025-03-31 OC310798 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC310798 d:FullAccounts 2024-04-01 2025-03-31 OC310798 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC310798 c:WithinOneYear 2025-03-31 OC310798 c:WithinOneYear 2024-03-31 OC310798 c:BetweenOneFiveYears 2025-03-31 OC310798 c:BetweenOneFiveYears 2024-03-31 OC310798 2 2024-04-01 2025-03-31 OC310798 d:PartnerLLP1 2024-04-01 2025-03-31 OC310798 d:PartnerLLP2 2024-04-01 2025-03-31 OC310798 d:PartnerLLP3 2024-04-01 2025-03-31 OC310798 d:PartnerLLP4 2024-04-01 2025-03-31 OC310798 d:PartnerLLP5 2024-04-01 2025-03-31 OC310798 d:PartnerLLP6 2024-04-01 2025-03-31 OC310798 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC310798 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC310798 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC310798 BROSS BENNETT LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BROSS BENNETT LLP CONTENTS
| Page
Information | 1
Balance sheet | 2 - 3
Reconciliation of members' interests | 4
Notes to the financial statements | 5 - 12
BROSS BENNETT LLP INFORMATION
Designated Members | S Bennett
| A Witkover
| V Briam-Benn (appointed 1 April 2024)
| E Hoare (appointed 1 April 2024)
| S Lim (appointed 1 April 2024)
| A Ryan (appointed 1 April 2024)
LLP registered number | OC310798
Registered office | Stable House 64a Highgate High Street London N6 5HX
Accountants | Blick Rothenberg Limited Chartered Accountants 16 Great Queen Street Covent Garden London WC2B 5AH
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|  | REGISTERED NUMBER:OC310798
BROSS BENNETT LLP BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 16,507 |  | 16,673
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 876,428 |  | 707,703 |
Cash at bank and in hand |  | 671,552 |  | 258,780 |
|  | 1,547,980 |  | 966,483 |
Creditors: amounts falling due within one year | 6 | (427,688) |  | (479,170) |
Net current assets |  |  | 1,120,292 |  | 487,313
Total assets less current liabilities |  |  | 1,136,799 |  | 503,986
Creditors: amounts falling due after more than one year | 7 |  | (21,860) |  | (62,557)
Provisions for liabilities |  |  | 1,114,939 |  | 441,429
Other provisions |  | (19,750) |  | (19,750) |
|  |  | (19,750) |  | (19,750)
Net assets |  |  | 1,095,189 |  | 421,679
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 9 |  | 774,613 |  | 301,103
Members' other interests |  |  |  |  |
Members' capital classified as equity |  |  | 320,576 |  | 120,576
|  |  | 1,095,189 |  | 421,679
Total members' interests |  |  |  |  |
Loans and other debts due to members | 9 |  | 774,613 |  | 301,103
Members' other interests |  |  | 320,576 |  | 120,576
Total equity |  |  | 1,095,189 |  | 421,679
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|  | REGISTERED NUMBER:OC310798
BROSS BENNETT 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. 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 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:
S Bennett
Designated member
Date: 29 October 2025
The notes on pages 5 to 12 form part of these financial statements. - 3 -
BROSS BENNETT LLP RECONCILIATION OF MEMBERS' INTERESTS FOR THE YEAR ENDED 31 MARCH 2025
| Members' capital (classified as equity) | Other reserves (equity) | Total (equity) | Other amounts (debt) | Total
| £ | £ | £ | £ | £
Amounts due to members |  |  |  | 605,126 |
Balance at 1 April 2023 | 25,000 | - | 25,000 | 713,202 | 738,202
Profit for the year available for discretionary division among members | - | 745,132 | 745,132 | - | 745,132
Members' interests after profit for the year | 133,076 | 745,132 | 878,208 | 605,126 | 1,483,334
Other division of profits | - | (745,132) | (745,132) | 745,132 | -
Conversion of members' capital to debt | (12,500) | - | (12,500) | - | (12,500)
Drawings on account and distribution of profit | - | - | - | (891,931) | (891,931)
Repayment of debt | - | - | - | (157,224) | (157,224)
Amounts due to members |  |  |  | 301,103 |
Balance at 31 March 2024 | 120,576 | - | 120,576 | 301,103 | 421,679
Profit for the year available for discretionary division among members | - | 1,425,763 | 1,425,763 | - | 1,425,763
Members' interests after profit for the year | 120,576 | 1,425,763 | 1,546,339 | 301,103 | 1,847,442
Other division of profits | - | (1,425,763) | (1,425,763) | 1,425,763 | -
Amounts introduced by members | 200,000 | - | 200,000 | - | 200,000
Drawings on account and distribution of profit | - | - | - | (952,253) | (952,253)
Amounts due to members |  |  |  | 774,613 |
Balance at 31 March 2025 | 320,576 | - | 320,576 | 774,613 | 1,095,189
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.
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BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Bross Bennett LLP ("the LLP") is a limited liability partnership incorporated in England and Wales. The address of its registered office is Stable House, 64a Highgate High Street, London, N6 5HX. The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 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 | Going concern
After making enquiries, the designated members have a reasonable expectation that the LLP has adequate resources to continue its operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
| 2.3 | 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.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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. - 5 -
BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.7 | 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 balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.
| 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 unless otherwise stated. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 10% | straight line
|  |  |  | Fixtures and fittings | - | 25% | reducing balance
|  |  |  | Office equipment | - | 25% | 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 profit or loss.
| 2.9 | 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. - 6 -
BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | Financial instruments
The LLP has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and financial liabilities are recognised when the LLP becomes party to the contractual provisions of the instrument. 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 deducting all of its liabilities. The LLP’s policies for its major classes of financial assets and financial liabilities are set out below. Financial assets Basic financial assets, including trade debtors and other debtors, and bank balances, are initially recognised at transaction price, 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 for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Financial liabilities Basic financial liabilities, including trade and other creditors, and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Impairment of financial assets Financial assets measured at cost and amortised cost 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. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. - 7 -
BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued) Derecognition of financial assets and financial liabilities Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Offsetting of financial assets and financial liabilities 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.
| 2.11 | 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 members, during the year was 21 (2024 - 18).
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BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Freehold property | Fixtures and fittings | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 April 2024 | 57,615 | 223,748 | 281,363
| Additions | - | 4,803 | 4,803
| At 31 March 2025 | 57,615 | 228,551 | 286,166
| Depreciation |  |  |
| At 1 April 2024 | 57,615 | 207,075 | 264,690
| Charge for the year | - | 4,969 | 4,969
| At 31 March 2025 | 57,615 | 212,044 | 269,659
| Net book value |  |  |
| At 31 March 2025 | - | 16,507 | 16,507
| At 31 March 2024 | - | 16,673 | 16,673
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BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 643,404 | 470,327
| Prepayments and accrued income | 233,024 | 237,376
|  | 876,428 | 707,703
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 50,000 | 50,000
| Other loans | 18,567 | 18,580
| Trade creditors | 564 | 538
| Other taxation and social security | 171,972 | 145,080
| Other creditors | 32,553 | 172,906
| Accruals and deferred income | 154,032 | 92,066
|  | 427,688 | 479,170
7. | Creditors: amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Loans | 21,860 | 62,557
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BROSS BENNETT 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 | 50,000 | 50,000
| Other loans | 18,567 | 18,580
|  | 68,567 | 68,580
| Amounts falling due 1-2 years |  |
| Bank loans | 12,557 | 50,000
| Amounts falling due 2-5 years |  |
| Bank loans | 9,303 | 12,557
|  | 90,427 | 131,137
9. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other amounts due to members | 774,613 | 301,103
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 774,613 | 301,103
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
10. | Pension commitments
The LLP operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the LLP in an independently administered fund. The pension cost charge represents contributions payable by the LLP to the fund and amounted to £7,927 (2024: £15,717). Contributions totalling £1,350 (2024: £3,182) were payable to the fund at the balance sheet date. - 11 -
BROSS BENNETT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11. | Commitments under operating leases
| At 31 March 2025 the LLP had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 41,250 | 82,500
| Later than 1 year and not later than 5 years | - | 41,250
|  | 41,250 | 123,750
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