Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 0 false No description of principal activity 2024-04-01 true 0 true OC317367 2024-04-01 2025-03-31 OC317367 2023-04-01 2024-03-31 OC317367 2025-03-31 OC317367 2024-03-31 OC317367 c:CurrentFinancialInstruments 2025-03-31 OC317367 c:CurrentFinancialInstruments 2024-03-31 OC317367 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC317367 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC317367 d:EntityHasNeverTraded 2024-04-01 2025-03-31 OC317367 d:FRS102 2024-04-01 2025-03-31 OC317367 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC317367 d:FullAccounts 2024-04-01 2025-03-31 OC317367 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC317367 6 2024-04-01 2025-03-31 OC317367 d:PartnerLLP2 2024-04-01 2025-03-31 OC317367 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC317367 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC317367 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC317367 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC317367 2 2025-03-31 OC317367 2 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC317367 BUSARA INVESTMENTS LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BUSARA INVESTMENTS LLP CONTENTS
| Page
Information | 1
Balance sheet | 2 - 3
Reconciliation of members' interests | 4
Notes to the financial statements | 5 - 7
BUSARA INVESTMENTS LLP INFORMATION Designated Members H H Webb D L Webb
LLP registered number | OC317367
Registered office | 16 Great Queen Street Covent Garden London WC2B 5AH
Accountants | Blick Rothenberg Limited Chartered Accountants 16 Great Queen Street Covent Garden London WC2B 5AH
Page 1
|  | REGISTERED NUMBER:OC317367
BUSARA INVESTMENTS LLP BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 1,268,600 |  | 1,268,600
|  |  | 1,268,600 |  | 1,268,600
Creditors: amounts falling due within one year | 5 | (57,428) |  | (57,428) |
Net current liabilities |  |  | (57,428) |  | (57,428)
Total assets less current liabilities |  |  | 1,211,172 |  | 1,211,172
Net assets |  |  | 1,211,172 |  | 1,211,172
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 6 |  | 1,111,172 |  | 1,111,172
|  |  | 1,111,172 |  | 1,111,172
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 100,000 |  | 100,000 |
|  |  | 100,000 |  | 100,000
|  |  | 1,211,172 |  | 1,211,172
Total members' interests |  |  |  |  |
Loans and other debts due to members | 6 |  | 1,111,172 |  | 1,111,172
Members' other interests |  |  | 100,000 |  | 100,000
Total members' interest |  |  | 1,211,172 |  | 1,211,172
Page 2
|  | REGISTERED NUMBER:OC317367
BUSARA INVESTMENTS 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 480 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:
D L Webb
Designated member
Date: 2 December 2025
The notes on pages 5 to 7 form part of these financial statements. Page 3
BUSARA INVESTMENTS 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
| Members' capital (classified as equity) | Total | Other amounts | Total | Total
| £ | £ | £ | £ | £
Members' interests after profit for the YEAR | 100,000 | 100,000 | 1,111,172 | 1,111,172 | 1,211,172
Amounts due to members |  |  | 1,111,172 | 1,111,172 |
Balance at 31 March 2024 | 100,000 | 100,000 | 1,111,172 | 1,111,172 | 1,211,172
Members' interests after profit for the YEAR | 100,000 | 100,000 | 1,111,172 | 1,111,172 | 1,211,172
Amounts due to members |  |  | 1,111,172 | 1,111,172 |
Balance at 31 March 2025 | 100,000 | 100,000 | 1,111,172 | 1,111,172 | 1,211,172
Busara Investments 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. 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 4
BUSARA INVESTMENTS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Busara Investment LLP is a limited liability partnership incorporated in England and Wales. The address of its registered office is 16 Great Queen Street, Covent Garden, London, WC2B 5AH. The LLP was dormant (within the meaning of section 480 of the Companies Act 2006) throughout the year ended 31 March 2025. The LLP has not traded during the year. During the year, the company received no income and incurred no expenditure and therefore made neither profit nor loss. The financial statements are presented in Sterling (£). 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 the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".
| 2.2 | Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in 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 | Valuation of investments
Investments in unlisted LLP shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
| 2.4 | 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 liabilities Basic financial liabilities, including other creditors, 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. Page 5
BUSARA INVESTMENTS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
|  | Financial instruments (continued)
Derecognition of financial assets 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.
3. | Employees
| The LLP has no employees.
4. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 1,378,643
| At 31 March 2025 | 1,378,643
| Impairment |
| At 1 April 2024 | 110,043
| At 31 March 2025 | 110,043
| Net book value |
| At 31 March 2025 | 1,268,600
| At 31 March 2024 | 1,268,600
Page 6
BUSARA INVESTMENTS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 51,428 | 51,428
| Accruals and deferred income | 6,000 | 6,000
|  | 57,428 | 57,428
6. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other amounts due to members | 1,111,172 | 1,111,172
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 1,111,172 | 1,111,172
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
Page 7