Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 true 2024-04-01 false Solicitors 29 39 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC322707 2024-04-01 2025-03-31 OC322707 2022-12-01 2024-03-31 OC322707 2025-03-31 OC322707 2024-03-31 OC322707 c:Buildings c:LongLeaseholdAssets 2024-04-01 2025-03-31 OC322707 c:Buildings c:LongLeaseholdAssets 2025-03-31 OC322707 c:Buildings c:LongLeaseholdAssets 2024-03-31 OC322707 c:FurnitureFittings 2024-04-01 2025-03-31 OC322707 c:FurnitureFittings 2025-03-31 OC322707 c:FurnitureFittings 2024-03-31 OC322707 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC322707 c:OfficeEquipment 2024-04-01 2025-03-31 OC322707 c:OfficeEquipment 2025-03-31 OC322707 c:OfficeEquipment 2024-03-31 OC322707 c:OfficeEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC322707 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC322707 c:Goodwill 2024-04-01 2025-03-31 OC322707 c:Goodwill 2025-03-31 OC322707 c:Goodwill 2024-03-31 OC322707 c:CurrentFinancialInstruments 2025-03-31 OC322707 c:CurrentFinancialInstruments 2024-03-31 OC322707 c:Non-currentFinancialInstruments 2025-03-31 OC322707 c:Non-currentFinancialInstruments 2024-03-31 OC322707 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC322707 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC322707 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC322707 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC322707 d:FRS102 2024-04-01 2025-03-31 OC322707 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC322707 d:FullAccounts 2024-04-01 2025-03-31 OC322707 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC322707 c:WithinOneYear 2025-03-31 OC322707 c:WithinOneYear 2024-03-31 OC322707 c:BetweenOneFiveYears 2025-03-31 OC322707 c:BetweenOneFiveYears 2024-03-31 OC322707 6 2024-04-01 2025-03-31 OC322707 c:Goodwill c:OwnedIntangibleAssets 2024-04-01 2025-03-31 OC322707 d:PartnerLLP1 2024-04-01 2025-03-31 OC322707 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC322707 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC322707 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC322707 BELL & BUXTON LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BELL & BUXTON LLP REGISTERED NUMBER: OC322707 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | - |  | 1,601
Tangible assets | 5 |  | 3,885 |  | 3,877
Investments | 6 |  | 250,000 |  | 100
|  |  | 253,885 |  | 5,578
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 430,248 |  | 484,932 |
Cash at bank and in hand |  | 284,058 |  | 298,261 |
|  | 714,306 |  | 783,193 |
Creditors: Amounts Falling Due Within One Year | 8 | (761,573) |  | (549,866) |
Net current (liabilities)/assets |  |  | (47,267) |  | 233,327
Total assets less current liabilities |  |  | 206,618 |  | 238,905
Creditors: amounts falling due after more than one year | 9 |  | (20,834) |  | (70,834)
Net assets |  |  | 185,784 |  | 168,071
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 10 |  | (91,416) |  | (109,129)
Members' other interests |  |  |  |  |
Members' capital classified as equity |  |  | 277,200 |  | 277,200
|  |  | 185,784 |  | 168,071
Total members' interests |  |  |  |  |
Loans and other debts due to members | 10 |  | (91,416) |  | (109,129)
Members' other interests |  |  | 277,200 |  | 277,200
|  |  | 185,784 |  | 168,071
Page 1
BELL & BUXTON LLP REGISTERED NUMBER: OC322707 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 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 9 December 2025.
................................................ A D Ross
Designated member
The notes on pages 3 to 10 form part of these financial statements. Page 2
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Bell & Buxton LLP is a private limited liability partnership incorporated in England and Wales. Its registered office is Telegraph House, High Street, Sheffield, S1 2GA and its registered number OC322707. The principal activity of the company throughout the year continued to be that of the provision of commercial and personal legal services. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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 pounds sterling. 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. Page 3
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | 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.
| 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 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the LLP operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Page 4
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Comprehensive Income over its useful economic life. Other intangible assets Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.7 | 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, as follows. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 10% straight line
|  |  |  | Office equipment | - | 15-25% 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.
| 2.8 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Page 5
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Financial instruments
The LLP only enters into basic financial instrument transactions that result in the recognition of the financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost. 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 average monthly number of employees, including directors, during the year was 29 (2024 - 39).
Page 6
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2024 | 446,167
| At 31 March 2025 | 446,167
| Amortisation |
| At 1 April 2024 | 444,566
| Charge for the year on owned assets | 1,601
| At 31 March 2025 | 446,167
| Net book value |
| At 31 March 2025 | -
| At 31 March 2024 | 1,601
Page 7
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Long-term leasehold property | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 April 2024 | 89,753 | 84,785 | 110,952 | 285,490
| Additions | - | 1,928 | - | 1,928
| At 31 March 2025 | 89,753 | 86,713 | 110,952 | 287,418
| Depreciation |  |  |  |
| At 1 April 2024 | 89,753 | 80,945 | 110,915 | 281,613
| Charge for the year on owned assets | - | 1,899 | 21 | 1,920
| At 31 March 2025 | 89,753 | 82,844 | 110,936 | 283,533
| Net book value |  |  |  |
| At 31 March 2025 | - | 3,869 | 16 | 3,885
| At 31 March 2024 | - | 3,840 | 37 | 3,877
6. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 100
| Additions | 249,900
| At 31 March 2025 | 250,000
Page 8
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 207,764 | 284,961
| Prepayments and accrued income | 222,484 | 199,971
|  | 430,248 | 484,932
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | 155,626 | 187,670
| Bank loans | 50,000 | 50,000
| Trade creditors | 9,907 | 62,464
| Amounts owed to group undertakings | 250,000 | 100
| Other taxation and social security | 107,589 | 166,908
| Other creditors | 18,174 | 18,174
| Accruals and deferred income | 170,277 | 64,550
|  | 761,573 | 549,866
| The bank loan and overdraft due within and after more than one year, is secured by a fixed and floating charge over the assets of the LLP.
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 20,834 | 70,834
Page 9
BELL & BUXTON LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts due to / (from) members | (91,416) | (109,129)
| Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
11. | 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 | 51,404 | 42,450
| Later than 1 year and not later than 5 years | 139,330 | 169,800
|  | 190,734 | 212,250
Page 10