Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 No description of principal activity 0 false 0 true true false OC440841 2024-03-31 OC440841 2024-04-01 2025-03-31 OC440841 2023-05-01 2024-04-30 OC440841 2025-03-31 OC440841 2024-04-30 OC440841 c:CurrentFinancialInstruments 2025-03-31 OC440841 c:CurrentFinancialInstruments 2024-04-30 OC440841 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC440841 c:CurrentFinancialInstruments c:WithinOneYear 2024-04-30 OC440841 d:FRS102 2024-04-01 2025-03-31 OC440841 d:Audited 2024-04-01 2025-03-31 OC440841 d:FullAccounts 2024-04-01 2025-03-31 OC440841 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC440841 d:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC440841 d:PartnerLLP1 2024-04-01 2025-03-31 OC440841 d:PartnerLLP2 2024-04-01 2025-03-31 OC440841 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC440841 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-04-30 OC440841 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC440841 c:FurtherSpecificReserve3ComponentTotalEquity 2024-04-30 OC440841 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC440841 JAMES COWPER KRESTON AUDIT LLP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
JAMES COWPER KRESTON AUDIT LLP REGISTERED NUMBER: OC440841 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 3,819,432 |  | 2,441,445 |
Cash at bank and in hand | 5 | 20,000 |  | 83,568 |
|  | 3,839,432 |  | 2,525,013 |
Creditors: Amounts Falling Due Within One Year | 6 | (486,924) |  | (585,897) |
Net current assets |  |  | 3,352,508 |  | 1,939,116
Total assets less current liabilities |  |  | 3,352,508 |  | 1,939,116
Net assets |  |  | 3,352,508 |  | 1,939,116
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Loans and other debts due to members |  |  | 3,351,508 |  | 1,938,116
|  |  | 3,351,508 |  | 1,938,116
Members' other interests |  |  |  |  |
Members' capital classified as equity |  |  | 1,000 |  | 1,000
|  |  | 3,352,508 |  | 1,939,116
Total members' interests |  |  |  |  |
Loans and other debts due to members |  |  | 3,351,508 |  | 1,938,116
Members' capital classified as equity |  |  | 1,000 |  | 1,000
|  |  | 3,352,508 |  | 1,939,116
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. 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. Page 1
JAMES COWPER KRESTON AUDIT LLP REGISTERED NUMBER: OC440841 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The financial statements were approved and authorised for issue by the members and were signed on their behalf by:
................................................ A R Peal | ................................................ S R Staunton
Designated member | Designated member
Date: 21 October 2025 |
The notes on pages 3 to 5 form part of these financial statements. James Cowper Kreston Audit 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
JAMES COWPER KRESTON AUDIT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
1. | General information
James Cowper Kreston Audit LLP is a limited liability partnership incorporated in England and Wales. The partnerships registered office address is 2 Communications Road, Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB. 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 presentational 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: 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 | 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 . Page 3
JAMES COWPER KRESTON AUDIT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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.
| 2.6 | 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.
3. | Employees
| The LLP has no employees.
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 2,712,903 | 1,631,892
| Other debtors | 804,288 | 633,567
| Amounts recoverable on contracts | 302,241 | 175,986
|  | 3,819,432 | 2,441,445
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 20,000 | 83,568
|  | 20,000 | 83,568
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JAMES COWPER KRESTON AUDIT LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other taxation and social security | 134,125 | 225,315
| Other creditors | 5,520 | -
| Accruals and deferred income | 347,279 | 360,582
|  | 486,924 | 585,897
7. | Related party transactions
| On 1 January 2023, an entity related by common members, James Cowper LLP, transferred its audit business and assets to the LLP for £822,802 to enable the Group headed by James Cowper LLP to more easily comply with the various audit regulatory requirements. At the same time, the LLP entered into a service agreement with James Cowper LLP for it to provide the LLP with audit and other services. During the period ended 31 March 2025, the LLP incurred fees relating to services provided of £8,784,595 (year ended 30 April 2024: £7,678,524) from James Cowper LLP. As at 31 March 2025, the LLP owed £2,557,479 (30 April 2024: £845,200) to James Cowper LLP. These amounts are repayable within 30 days, unsecured and non-interest bearing.
8. | Controlling party
The LLP is under the control of its designated members. The members do not consider there to be one ultimate controlling party.
9. | Auditors' information
The auditors' report on the financial statements for the period ended 31 March 2025 was unqualified. The audit report was signed on 23 October 2025 by Martin Longmore FCA (Senior statutory auditor) on behalf of Sumer Auditco Limited.
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