Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-05 2025-04-05 true 2024-04-06 false true 2 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC441163 2024-04-06 2025-04-05 OC441163 2023-04-06 2024-04-05 OC441163 2025-04-05 OC441163 2024-04-05 OC441163 c:CurrentFinancialInstruments 2025-04-05 OC441163 c:CurrentFinancialInstruments 2024-04-05 OC441163 c:CurrentFinancialInstruments c:WithinOneYear 2025-04-05 OC441163 c:CurrentFinancialInstruments c:WithinOneYear 2024-04-05 OC441163 d:FRS102 2024-04-06 2025-04-05 OC441163 d:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC441163 d:FullAccounts 2024-04-06 2025-04-05 OC441163 d:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC441163 d:PartnerLLP1 2024-04-06 2025-04-05 OC441163 c:FurtherSpecificReserve2ComponentTotalEquity 2025-04-05 OC441163 c:FurtherSpecificReserve2ComponentTotalEquity 2024-04-05 OC441163 c:FurtherSpecificReserve3ComponentTotalEquity 2025-04-05 OC441163 c:FurtherSpecificReserve3ComponentTotalEquity 2024-04-05 OC441163 e:PoundSterling 2024-04-06 2025-04-05 iso4217:GBP xbrli:pure

Registered number: OC441163 THE WAEVE TOURING LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
THE WAEVE TOURING LLP REGISTERED NUMBER:OC441163
BALANCE SHEET AS AT 5 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 1,899 |  | - |
|  | 1,899 |  | - |
Creditors: amounts Falling Due Within One Year | 5 | (19,337) |  | (6,836) |
Net current liabilities |  |  | (17,438) |  | (6,836)
Total assets less current liabilities |  |  | (17,438) |  | (6,836)
Net liabilities |  |  | (17,438) |  | (6,836)
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 6 |  | 60,859 |  | 52,857
|  |  | 60,859 |  | 52,857
Members' other interests |  |  |  |  |
Other reserves classified as equity |  | (78,297) |  | (59,693) |
|  |  | (78,297) |  | (59,693)
|  |  | (17,438) |  | (6,836)
Total members' interests |  |  |  |  |
Loans and other debts due to members | 6 |  | 60,859 |  | 52,857
Members' other interests |  |  | (78,297) |  | (59,693)
|  |  | (17,438) |  | (6,836)
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THE WAEVE TOURING LLP REGISTERED NUMBER:OC441163
BALANCE SHEET (CONTINUED) AS AT 5 APRIL 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 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:
G Coxon
Designated member
Date: 16 February 2026
The notes on pages 3 to 5 form part of these financial statements. Page 2
THE WAEVE TOURING LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. | General information
The Waeve Touring LLP is a limited liability partnership, registered in England and Wales, registration number OC441163. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the LLP continued to be that of music touring. 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 the 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
The financial statement have been prepared on a going concern basis as the members have confirmed that they will continue to provide the necessary funding in order for the LLP to maintain operations and meet its liabilities in full for at least 12 months from the date of signature of the financial statements. On this basis, the members are satisfied that the financial statements should be prepared on a going concern basis.
| 2.3 | Foreign currency translation
Functional and presentation currency The LLP's functional and presentational currency is pound sterling. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit and loss account.
| 2.4 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. Turnover from music touring activities is recognised when it is probable the LLP has performed the duties to receive the rights to the consideration due under the contract. Page 3
THE WAEVE TOURING LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 2.Accounting policies (continued)
| 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 year. 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 discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable. In the event of the LLP making losses, the loss is recognised as a debit within equity under 'Other reserves'.
| 2.6 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.7 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.8 | Financial instruments
The LLP enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.
3. | Employees
| The average monthly number of employees, including members, during the year was 2 (2024 - 2).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,505 | -
| Prepayments | 394 | -
|  | 1,899 | -
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THE WAEVE TOURING LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
5. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 9,198 | -
| Other taxation and social security | 3,139 | -
| Other creditors | 5,000 | 5,000
| Accruals | 2,000 | 1,836
|  | 19,337 | 6,836
6. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other amounts due to members | 60,859 | 52,857
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 60,859 | 52,857
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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