Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 No description of principal activity 2024-04-01 false 0 125 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SO303243 2024-04-01 2025-03-31 SO303243 2023-04-01 2024-03-31 SO303243 2025-03-31 SO303243 2024-03-31 SO303243 c:Buildings 2024-04-01 2025-03-31 SO303243 c:Buildings 2025-03-31 SO303243 c:Buildings 2024-03-31 SO303243 c:CurrentFinancialInstruments 2025-03-31 SO303243 c:CurrentFinancialInstruments 2024-03-31 SO303243 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 SO303243 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 SO303243 d:FRS102 2024-04-01 2025-03-31 SO303243 d:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SO303243 d:FullAccounts 2024-04-01 2025-03-31 SO303243 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 SO303243 d:PartnerLLP4 2024-04-01 2025-03-31 SO303243 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 SO303243 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 SO303243 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: SO303243 WESTBY CAPITAL LLP ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
WESTBY CAPITAL LLP INFORMATION Advisers (continued)
LLP registered number SO303243
Registered office Westby 64 West High Street Forfar Angus DD8 1BJ
WESTBY CAPITAL LLP MEMBERS' RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The members are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations. Company law, (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law, as applied to LLPs, the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members are required to: ∙select suitable accounting policies for the LLP's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the entity will continue in business. The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and to enable them to ensure that the financial statements comply with the Limited Liability Partnerships (Accounts and Audit) (Application of the Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 1
WESTBY CAPITAL LLP REGISTERED NUMBER: SO303243 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,547,412 |  | 1,547,412
|  |  | 1,547,412 |  | 1,547,412
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | - |  | 1,022,832 |
Bank & cash balances |  | 91,075 |  | - |
|  | 91,075 |  | 1,022,832 |
Creditors: Amounts Falling Due Within One Year | 6 | (31,939) |  | (42,063) |
Net current assets |  |  | 59,136 |  | 980,769
Total assets less current liabilities |  |  | 1,606,548 |  | 2,528,181
Net assets |  |  | 1,606,548 |  | 2,528,181
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' capital classified as a liability |  |  | 1,547,412 |  | 1,547,412
Other amounts | 7 |  | 59,136 |  | 980,769
|  |  | 1,606,548 |  | 2,528,181
|  |  | 1,606,548 |  | 2,528,181
Total members' interests |  |  |  |  |
Loans and other debts due to members | 7 |  | 1,606,548 |  | 2,528,181
|  |  | 1,606,548 |  | 2,528,181
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 on 4 December 2025. Page 2
WESTBY CAPITAL LLP REGISTERED NUMBER: SO303243 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025
Iain Gordon
Designated member
The notes on pages 4 to 6 form part of these financial statements. Westby Capital 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 3
WESTBY CAPITAL LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Westby Capital LLP is a limited liability partnership, incorporated in Scotland with a registered office of Westby, 64 West High Street, Forfar, DD8 1BJ. 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
At the time of approving the financial statements, the members have an expectation that the LLP has adequate resources to continue operational existance for the forseeable future and are satisfied that it remains appropriate for the LLP to prepare it financial statements on a going concern basis.
| 2.3 | Turnover
Turnover is derived from the leasing of commercial property.
| 2.4 | 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 .
| 2.5 | 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 4
WESTBY CAPITAL LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | 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:
|  |  |  | Heritable property | - | not depreciated
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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 0 (2024 - 125).
4. | Tangible fixed assets
|  | Heritable property
|  | £
| Cost or valuation |
| At 1 April 2024 | 1,547,412
| At 31 March 2025 | 1,547,412
| Net book value |
| At 31 March 2025 | 1,547,412
| At 31 March 2024 | 1,547,412
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 9,643
| Amounts owed by joint ventures and associated undertakings | - | 1,013,189
|  | - | 1,022,832
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WESTBY CAPITAL LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other taxation and social security | 6,000 | 5,318
| Accruals and deferred income | 25,939 | 36,745
|  | 31,939 | 42,063
7. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Members' capital treated as debt | 1,547,412 | 1,547,412
| Other amounts due to members | 59,136 | 980,769
|  | 1,606,548 | 2,528,181
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 1,606,548 | 2,528,181
|  | 1,606,548 | 2,528,181
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
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