Caseware UK (AP4) 2024.0.164 2024.0.164 26 2024-04-01 false No description of principal activity 20 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC331806 2024-04-01 2025-03-31 OC331806 2023-05-01 2024-03-31 OC331806 2025-03-31 OC331806 2024-03-31 OC331806 c:FurnitureFittings 2024-04-01 2025-03-31 OC331806 c:FurnitureFittings 2025-03-31 OC331806 c:FurnitureFittings 2024-03-31 OC331806 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC331806 c:OfficeEquipment 2024-04-01 2025-03-31 OC331806 c:OfficeEquipment 2025-03-31 OC331806 c:OfficeEquipment 2024-03-31 OC331806 c:OfficeEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC331806 c:ComputerEquipment 2024-04-01 2025-03-31 OC331806 c:ComputerEquipment 2025-03-31 OC331806 c:ComputerEquipment 2024-03-31 OC331806 c:ComputerEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC331806 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC331806 c:CurrentFinancialInstruments 2025-03-31 OC331806 c:CurrentFinancialInstruments 2024-03-31 OC331806 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC331806 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC331806 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC331806 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC331806 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-03-31 OC331806 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-03-31 OC331806 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2025-03-31 OC331806 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2024-03-31 OC331806 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-04-01 2025-03-31 OC331806 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2025-03-31 OC331806 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 OC331806 d:FRS102 2024-04-01 2025-03-31 OC331806 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC331806 d:FullAccounts 2024-04-01 2025-03-31 OC331806 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC331806 c:WithinOneYear 2025-03-31 OC331806 c:WithinOneYear 2024-03-31 OC331806 c:BetweenOneFiveYears 2025-03-31 OC331806 c:BetweenOneFiveYears 2024-03-31 OC331806 2 2024-04-01 2025-03-31 OC331806 6 2024-04-01 2025-03-31 OC331806 d:PartnerLLP1 2024-04-01 2025-03-31 OC331806 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC331806 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC331806 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

| CM Murray LLP
| Unaudited
| Members' report and financial statements
| For the year ended 31 March 2025
| Registered number: OC331806
CM Murray LLP - Registered number: OC331806
Statement of financial position As at 31 March 2025
| 2025 | 2025 | 2024 | 2024
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Tangible fixed assets |  |  | 30,606 |  | 17,603
Investments | 5 |  | 1 |  | 1
|  |  | 30,607 |  | 17,604
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 1,362,313 |  | 1,884,112 |
Bank and cash balances |  | 762,675 |  | 644,033 |
|  | 2,124,988 |  | 2,528,145 |
Creditors: amounts falling due within one year | 7 | (562,969) |  | (747,006) |
Net current assets |  |  | 1,562,019 |  | 1,781,139
Total assets less current liabilities |  |  | 1,592,626 |  | 1,798,743
Creditors: amounts falling due after more than one year |  |  | (66,667) |  | (166,667)
|  |  | 1,525,959 |  | 1,632,076
Provisions for liabilities |  |  |  |  |
Other provisions |  | (50,000) |  | (25,000) |
|  |  | (50,000) |  | (25,000)
Net assets |  |  | 1,475,959 |  | 1,607,076
Page 1
CM Murray LLP - Registered number: OC331806
Statement of financial position (continued) As at 31 March 2025
| 2025 | 2025 | 2024 | 2024
Note | £ | £ | £ | £
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' capital classified as a liability |  |  | 759,901 |  | 654,660
Other amounts | 10 |  | 716,058 |  | 952,416
|  |  | 1,475,959 |  | 1,607,076
|  |  | 1,475,959 |  | 1,607,076
Total members' interests |  |  |  |  |
Loans and other debts due to members | 10 |  | 1,475,959 |  | 1,607,076
|  |  | 1,475,959 |  | 1,607,076
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:
C Murray
Designated member
Date: 24 October 2025
The notes on pages 3 to 9 form part of these financial statements. Page 2
CM Murray LLP
Notes to the financial statements For the year ended 31 March 2025
1. | General information
CM Murray LLP is a limited liability partnership incorporated in England and Wales. Its LLP registration number is OC331806. The registered office and principal place of business of the LLP is 36-38 Cornhill, First Floor, London, EC3V 3NG. 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 Section 1A of Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', ('FRS 102') and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships". The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover comprises revenue recognised by the LLP in respect of services supplied during the year, exclusive of Value Added Tax. Turnover in respect of professional services is recognised by reference to the fair value of the services provided at the balance sheet date as a proportion of the total value of engagement. Unbilled turnover is included within debtors as accrued income.
| 2.3 | 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:
|  |  |  | Fixtures and fittings | - | 25%
|  |  |  | Office equipment | - | 25%
|  |  |  | Computer equipment | - | 33%
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 3
CM Murray LLP
Notes to the financial statements For the year ended 31 March 2025 2.Accounting policies (continued)
| 2.4 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.5 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.6 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.7 | Financial instruments
The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
| 2.8 | Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.9 | Foreign currency translation
Functional and presentational currency The LLP's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate.
| 2.10 | Members' remuneration
Profits attributable to members are determined, allocated and divided between members after the year and until that time are included within members' other interests. Any drawings paid in respect of those profits are included within debtors. Provided that there are sufficient profits, the LLP agreement provides that fixed amounts, determined for some members each year, be paid to members irrespective of the overall profits of the LLP, which are subject to abatement if the profits are insufficient to cover them. Members' profit shares are included as an expense in the profit and loss account after arriving at "profit for the financial year before members' remuneration and profit shares. The terms of the members' agreement requires that the capital be returned to a member on his or her retirement. It is accordingly accounted for as liabilities in the LLP. Page 4
CM Murray LLP
Notes to the financial statements For the year ended 31 March 2025 2.Accounting policies (continued)
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.15 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.16 | Provisions for liabilities
Provisions are made where an event has taken place that gives the LLP a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the LLP becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Statement of financial position.
| 2.17 | Taxation
Taxation of all the LLP's profits is solely the personal liability of individual members and is not dealt with in these financial statements. Page 5
CM Murray LLP
Notes to the financial statements For the year ended 31 March 2025
3. | Employees
| The average monthly number of employees during the year was 26 (2024 - 20).
4. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 70,592 | 4,176 | 81,191 | 155,959
| Additions | 866 | - | 24,785 | 25,651
| At 31 March 2025 | 71,458 | 4,176 | 105,976 | 181,610
| Depreciation |  |  |  |
| At 1 April 2024 | 65,161 | 3,255 | 69,940 | 138,356
| Charge for the year on owned assets | 4,635 | 454 | 7,559 | 12,648
| At 31 March 2025 | 69,796 | 3,709 | 77,499 | 151,004
| Net book value |  |  |  |
| At 31 March 2025 | 1,662 | 467 | 28,477 | 30,606
| At 31 March 2024 | 5,431 | 921 | 11,251 | 17,603
5. | Fixed asset investments
|  | Investments in subsidiary company
|  | £
| Cost |
| At 1 April 2024 | 1
| At 31 March 2025 | 1
Page 6
CM Murray LLP
Notes to the financial statements For the year ended 31 March 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,212,150 | 1,648,837
| Amounts owed by group undertakings | 73,680 | 82,046
| Prepayments and accrued income | 72,756 | 152,097
| Amounts recoverable on contracts | 3,727 | 1,132
|  | 1,362,313 | 1,884,112
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 100,000 | 100,000
| Trade creditors | 152,540 | 229,884
| Other taxation and social security | 238,907 | 284,777
| Other creditors | 6,503 | 82,180
| Accruals | 65,019 | 50,165
|  | 562,969 | 747,006
| The bank loan is secured by a debenture granted by CM Murray LLP.
Page 7
CM Murray 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 | 100,000 | 100,000
|  | 100,000 | 100,000
| Amounts falling due 1-2 years |  |
| Bank loans | 66,667 | 100,000
|  | 66,667 | 100,000
| Amounts falling due 2-5 years |  |
| Bank loans | - | 66,667
|  | - | 66,667
|  | 166,667 | 266,667
9. | Provisions
|  | Dilapidations provision
|  | £
| At 1 April 2024 | 25,000
| Charged to profit or loss | 25,000
| At 31 March 2025 | 50,000
Page 8
CM Murray LLP
Notes to the financial statements For the year ended 31 March 2025
10. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Members' capital treated as debt | 759,901 | 654,660
| Other amounts due to members | 716,058 | 952,416
|  | 1,475,959 | 1,607,076
| Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
11. | 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 charge for the year was £23,454 (2024: £37,196) and at 31 March 2025, there were unpaid contributions payable to the fund totaling £6,503 (2024: £nil).
12. | 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 | 150,161 | 95,891
| Later than 1 year and not later than 5 years | 222,080 | 359,593
|  | 372,241 | 455,484
13. | Controlling party
In the opinion of the members, C M Murray is the controlling party.
Page 9