Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 27 2024-04-01 false No description of principal activity 31 true true OC435966 2024-04-01 2025-03-31 OC435966 2023-04-01 2024-03-31 OC435966 2025-03-31 OC435966 2024-03-31 OC435966 c:Buildings 2024-04-01 2025-03-31 OC435966 c:Buildings 2025-03-31 OC435966 c:Buildings 2024-03-31 OC435966 c:Buildings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC435966 c:PlantMachinery 2024-04-01 2025-03-31 OC435966 c:PlantMachinery 2025-03-31 OC435966 c:PlantMachinery 2024-03-31 OC435966 c:PlantMachinery c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC435966 c:MotorVehicles 2024-04-01 2025-03-31 OC435966 c:MotorVehicles 2025-03-31 OC435966 c:MotorVehicles 2024-03-31 OC435966 c:MotorVehicles c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC435966 c:FurnitureFittings 2024-04-01 2025-03-31 OC435966 c:FurnitureFittings 2025-03-31 OC435966 c:FurnitureFittings 2024-03-31 OC435966 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC435966 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC435966 c:FreeholdInvestmentProperty 2025-03-31 OC435966 c:FreeholdInvestmentProperty 2024-03-31 OC435966 c:CurrentFinancialInstruments 2025-03-31 OC435966 c:CurrentFinancialInstruments 2024-03-31 OC435966 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC435966 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC435966 d:FRS102 2024-04-01 2025-03-31 OC435966 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC435966 d:FullAccounts 2024-04-01 2025-03-31 OC435966 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC435966 d:PartnerLLP1 2024-04-01 2025-03-31 OC435966 c:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC435966 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC435966 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC435966 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC435966 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company Registration Number: OC435966 DALEMAIN LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
DALEMAIN LLP REGISTERED NUMBER: OC435966 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 13,498,696 |  | 12,954,141
Investment property | 5 |  | 6,377,500 |  | 6,377,500
|  |  | 19,876,196 |  | 19,331,641
Current assets |  |  |  |  |
Stocks |  | 150,550 |  | 78,408 |
Debtors: amounts falling due within one year | 6 | 333,812 |  | 242,224 |
Cash at bank and in hand | 7 | 504,362 |  | 395,150 |
|  | 988,724 |  | 715,782 |
Creditors: Amounts Falling Due Within One Year | 8 | (134,042) |  | (85,261) |
Net current assets |  |  | 854,682 |  | 630,521
Total assets less current liabilities |  |  | 20,730,878 |  | 19,962,162
Net assets |  |  | 20,730,878 |  | 19,962,162
Page 1
DALEMAIN LLP REGISTERED NUMBER: OC435966 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' capital classified as a liability |  |  | 20,505,960 |  | 19,822,982
Other amounts | 9 |  | 100,910 |  | -
|  |  | 20,606,870 |  | 19,822,982
Members' other interests |  |  |  |  |
Other reserves classified as equity |  | 124,008 |  | 139,180 |
|  |  | 124,008 |  | 139,180
|  |  | 20,730,878 |  | 19,962,162
Total members' interests |  |  |  |  |
Loans and other debts due to members | 9 |  | 20,606,870 |  | 19,822,982
Members' other interests |  |  | 124,008 |  | 139,180
|  |  | 20,730,878 |  | 19,962,162
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:
G Hasell-McCosh
Designated member
Date: 4 November 2025
The notes on pages 4 to 9 form part of these financial statements. Dalemain 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
DALEMAIN LLP RECONCILIATION OF MEMBERS' INTERESTS FOR THE YEAR ENDED 31 MARCH 2025
| EQUITY Members' other interests | DEBT Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Other reserves | Total | Members' capital (classified as debt) | Other amounts | Total | Total
| £ | £ | £ | £ | £ | £
Amounts due to members |  |  | 20,020,171 | (169,420) | 19,850,751 |
Balance at 1 April 2023 | 127,961 | 127,961 | 20,020,171 | (169,420) | 19,850,751 | 19,978,712
Members' remuneration charged as an expense | - | - | - | 170,000 | 170,000 | 170,000
Profit for the year available for discretionary division among members | 34,812 | 34,812 | - | - | - | 34,812
Members' interests after profit for the year | 162,773 | 162,773 | 20,020,171 | 580 | 20,020,751 | 20,183,524
Other division of profits | (23,593) | (23,593) | - | 23,593 | 23,593 | -
Reclassification of members' capital | - | - | (197,189) | 197,189 | - | -
Drawings on account and distribution of profit | - | - | - | (221,362) | (221,362) | (221,362)
Amounts due to members |  |  | 19,822,982 | - | 19,822,982 |
Balance at 31 March 2024 | 139,180 | 139,180 | 19,822,982 | - | 19,822,982 | 19,962,162
Members' remuneration charged as an expense | - | - | - | 240,000 | 240,000 | 240,000
Loss for the year available for discretionary division among members | (15,172) | (15,172) | - | - | - | (15,172)
Members' interests after profit for the year | 124,008 | 124,008 | 19,822,982 | 240,000 | 20,062,982 | 20,186,990
Amounts introduced by members | - | - | 682,978 | 169,839 | 852,817 | 852,817
Drawings on account and distribution of profit | - | - | - | (308,929) | (308,929) | (308,929)
Amounts due to members |  |  | 20,505,960 | 100,910 | 20,606,870 |
Balance at 31 March 2025 | 124,008 | 124,008 | 20,505,960 | 100,910 | 20,606,870 | 20,730,878
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.
Page 3
DALEMAIN LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Dalemain LLP is a limited liability partnership incorporated in England & Wales. The LLP's registration number is OC435966. The LLP's registered address and principal place of business is Dalemain Estate Office, Dalemain, Penrith, CA11 0HB. 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 LLP's functional and presentation currency is GBP. 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. 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. Page 4
DALEMAIN LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.
| 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 Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.
| 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 the Statement of comprehensive income.
| 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. Page 5
DALEMAIN LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | 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:
|  |  |  | Land and buildings | - | 2% | straight line (land not depreciated)
|  |  |  | Plant and machinery | - | 20% | straight line & 10% straight line
|  |  |  | Motor vehicles | - | 20% | straight line
|  |  |  | Fixtures and fittings | - | 20% | 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 | Investment property
Investment property is carried at fair value determined annually by external valuers 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.
| 2.8 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Herd basis stock: The animals comprised in the production herd are valued at cost, with replacements valued at the original cost of the animals they replace. Additional animals are valued at cost when transferred to the herd. Stock is valued at the lower of cost and net realisable value. Where the cost of home bred animals cannot be ascertained they are valued at 60% of market value for cattle and 75% of market value for other livestock. Page 6
DALEMAIN LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Judgements and estimates
In the application of the accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. The key estimate in these financial statements is investment property valuation.
3. | Employees
| The average monthly number of employees, including directors, during the year was 31 (2024 - 27).
4. | Tangible fixed assets
|  | Land and buildings | Plant and machinery | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 April 2024 | 13,147,500 | 123,249 | 57,325 | 7,112 | 13,335,186
| Additions | 4,850 | 691,094 | 55,398 | - | 751,342
| Disposals | - | (21,072) | (16,500) | - | (37,572)
| At 31 March 2025 | 13,152,350 | 793,271 | 96,223 | 7,112 | 14,048,956
| Depreciation |  |  |  |  |
| At 1 April 2024 | 271,461 | 78,659 | 25,591 | 5,334 | 381,045
| Charge for the year on owned assets | 90,487 | 84,933 | 18,837 | 1,778 | 196,035
| Disposals | - | (20,220) | (6,600) | - | (26,820)
| At 31 March 2025 | 361,948 | 143,372 | 37,828 | 7,112 | 550,260
| Net book value |  |  |  |  |
| At 31 March 2025 | 12,790,402 | 649,899 | 58,395 | - | 13,498,696
| At 31 March 2024 | 12,876,039 | 44,590 | 31,734 | 1,778 | 12,954,141
Page 7
DALEMAIN LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 6,377,500
| At 31 March 2025 | 6,377,500
The valuations were made by a professional third party, on an open market value for existing use basis.
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 6,377,500 | 6,377,500
| Accumulated depreciation and impairments | (458,512) | (343,884)
|  | 5,918,988 | 6,033,616
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 47,759 | 16,093
| Other debtors | 50,624 | 17,895
| Prepayments and accrued income | 235,429 | 208,236
|  | 333,812 | 242,224
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 504,362 | 395,150
|  | 504,362 | 395,150
Page 8
DALEMAIN LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 45,651 | 42,191
| Accruals and deferred income | 88,391 | 43,070
|  | 134,042 | 85,261
9. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Members' capital treated as debt | 20,505,960 | 19,822,982
| Other amounts due to members | 100,910 | -
|  | 20,606,870 | 19,822,982
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due after more than one year | 20,606,870 | 19,822,982
|  | 20,606,870 | 19,822,982
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
Page 9