Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 2024-04-01 false Legal Services 38 26 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC360876 2024-04-01 2025-03-31 OC360876 2023-04-01 2024-03-31 OC360876 2025-03-31 OC360876 2024-03-31 OC360876 1 2024-04-01 2025-03-31 OC360876 c:Buildings c:LongLeaseholdAssets 2024-04-01 2025-03-31 OC360876 c:Buildings c:LongLeaseholdAssets 2025-03-31 OC360876 c:Buildings c:LongLeaseholdAssets 2024-03-31 OC360876 c:PlantMachinery 2024-04-01 2025-03-31 OC360876 c:PlantMachinery 2025-03-31 OC360876 c:PlantMachinery 2024-03-31 OC360876 c:PlantMachinery c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC360876 c:OfficeEquipment 2024-04-01 2025-03-31 OC360876 c:OfficeEquipment 2025-03-31 OC360876 c:OfficeEquipment 2024-03-31 OC360876 c:OfficeEquipment c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC360876 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC360876 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 OC360876 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 OC360876 c:CurrentFinancialInstruments 2025-03-31 OC360876 c:CurrentFinancialInstruments 2024-03-31 OC360876 c:CurrentFinancialInstruments 2 2025-03-31 OC360876 c:CurrentFinancialInstruments 2 2024-03-31 OC360876 c:Non-currentFinancialInstruments 2025-03-31 OC360876 c:Non-currentFinancialInstruments 2024-03-31 OC360876 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC360876 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC360876 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC360876 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC360876 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2025-03-31 OC360876 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-03-31 OC360876 e:FRS102 2024-04-01 2025-03-31 OC360876 e:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC360876 e:FullAccounts 2024-04-01 2025-03-31 OC360876 e:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC360876 c:WithinOneYear 2025-03-31 OC360876 c:WithinOneYear 2024-03-31 OC360876 c:BetweenOneFiveYears 2025-03-31 OC360876 c:BetweenOneFiveYears 2024-03-31 OC360876 c:DevelopmentCostsCapitalisedDevelopmentExpenditure c:ExternallyAcquiredIntangibleAssets 2024-04-01 2025-03-31 OC360876 1 2024-04-01 2025-03-31 OC360876 2 2024-04-01 2025-03-31 OC360876 c:DevelopmentCostsCapitalisedDevelopmentExpenditure c:OwnedIntangibleAssets 2024-04-01 2025-03-31 OC360876 e:PartnerLLP1 2024-04-01 2025-03-31 OC360876 e:PartnerLLP2 2024-04-01 2025-03-31 OC360876 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC360876 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC360876 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC360876 BURLINGTONS LEGAL LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
BURLINGTONS LEGAL LLP REGISTERED NUMBER:OC360876
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 12,940 |  | -
Tangible assets | 5 |  | 39,564 |  | 39,248
|  |  | 52,504 |  | 39,248
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 4,844,104 |  | 4,670,646 |
Cash at bank and in hand | 7 | 10,182 |  | 582,524 |
|  | 4,854,286 |  | 5,253,170 |
Creditors: Amounts Falling Due Within One Year | 8 | (3,833,581) |  | (4,706,537) |
Net current assets |  |  | 1,020,705 |  | 546,633
Total assets less current liabilities |  |  | 1,073,209 |  | 585,881
Creditors: amounts falling due after more than one year | 9 |  | (1,063,834) |  | (430,044)
|  |  | 9,375 |  | 155,837
Net assets |  |  | 9,375 |  | 155,837
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts | 11 |  | 9,375 |  | 155,837
|  |  | 9,375 |  | 155,837
|  |  | 9,375 |  | 155,837
Total members' interests |  |  |  |  |
Amounts due from members (included in debtors) | 6 |  | (1,530,078) |  | (488,175)
Loans and other debts due to members | 11 |  | 9,375 |  | 155,837
|  |  | (1,520,703) |  | (332,338)
Page 1
BURLINGTONS LEGAL LLP REGISTERED NUMBER:OC360876
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 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 on 12 March 2026.
Deborah Mills | Andrew Pike
Designated member | Designated member
Burlingtons Legal 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
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Burlingtons Legal LLP is registered in England and Wales, registration number OC360876. The address of the registered office is 5 Stratford Place, London, W1C 1AX. 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". The following principal accounting policies have been applied:
| 2.2 | Going concern
On 1st April 2025, the LLP transferred its business assets, and trading activities to Burlingtons Group Limited and has subsequently ceased to trade. This transaction renders the going concern basis of preparing the accounts inappropriate, however the nature of the transaction means that no adjustments are necessary and the accounts are the same as had the going concern basis of preparation been used.
| 2.3 | Foreign currency translation
Functional and presentation currency The LLP's functional and presentational currency is GBP. 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 period 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 resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.6 | Leased assets: the LLP as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.7 | Sale and leaseback
Where a sale and leaseback transaction results in a finance lease, no gain is immediately recognised for any excess of sales proceeds over the carrying amount of the asset. Instead, the proceeds are presented as a liability and subsequently measured at amortised cost using the effective interest method. When a sale and leaseback transaction results in an operating lease, and it is clear that the transition is established at fair value any profit or loss is recognised immediately. If the sale price is below fair value, any profit or loss is recognised immediately unless the loss is compensated for by the future lease payments at below market price. In that case any such loss is amortised in proportion to the lease payments over the period for which the asset is expected to be used. If the sale price is above fair value, the excess over fair value is amortised over the period for which the asset is expected to be used. Page 4
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.9 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.10 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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 5
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | 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:
|  |  |  | Long-term leasehold property | - | 10% | Straight line
|  |  |  | Plant and machinery | - | 20% | 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.
| 2.14 | Impairment of fixed assets
Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.
| 2.15 | 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.
| 2.16 | 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.
| 2.17 | 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. Page 6
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 38 (2024 - 26).
4. | Intangible assets
|  | Development expenditure
|  | £
| Cost |
| Additions | 16,175
| At 31 March 2025 | 16,175
| Amortisation |
| Charge for the year on owned assets | 3,235
| At 31 March 2025 | 3,235
| Net book value |
| At 31 March 2025 | 12,940
| At 31 March 2024 | -
Page 7
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 118,784 | 140,407 | 454,003 | 713,194
| Additions | - | 17,906 | - | 17,906
| At 31 March 2025 | 118,784 | 158,313 | 454,003 | 731,100
| Depreciation |  |  |  |
| At 1 April 2024 | 95,116 | 124,827 | 454,003 | 673,946
| Charge for the year on owned assets | 7,784 | 9,806 | - | 17,590
| At 31 March 2025 | 102,900 | 134,633 | 454,003 | 691,536
| Net book value |  |  |  |
| At 31 March 2025 | 15,884 | 23,680 | - | 39,564
| At 31 March 2024 | 23,668 | 15,580 | - | 39,248
Page 8
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,132,243 | 3,071,851
| Other debtors | 1,733,972 | 728,830
| Prepayments and accrued income | 447,811 | 381,790
| Amounts due from members | 1,530,078 | 488,175
|  | 4,844,104 | 4,670,646
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 10,182 | 582,524
| Less: bank overdrafts | - | (6)
|  | 10,182 | 582,518
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | - | 6
| Bank loans | 100,000 | -
| Other loans | 1,684,206 | 1,273,376
| Trade creditors | 656,849 | 2,137,023
| Amounts owed to group undertakings | 1,500 | -
| Other taxation and social security | 619,257 | 97,029
| Other creditors | 235,000 | -
| Accruals and deferred income | 536,769 | 1,199,103
|  | 3,833,581 | 4,706,537
Page 9
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 1,063,834 | 430,044
|  | 1,063,834 | 430,044
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 100,000 | -
| Other loans | 1,684,206 | 1,273,376
| Amounts falling due 1-2 years |  |
| Other loans | 1,063,834 | 430,044
|  | 2,848,040 | 1,703,420
| Loans secured over the LLP's assets totalled £95,833 (2024 - £145,833).
Page 10
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other amounts due to members | 9,375 | 155,837
|  | 9,375 | 155,837
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 9,375 | 155,837
|  | 9,375 | 155,837
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
12. | Pension commitments
The entity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity in an independently administered fund. The pension cost charge represents contributions payable by the entity to the fund and amounted to £31,503 (2024: £21,156). Contributions totalling £6,429 (2024: £5,748) were payable to the fund at the balance sheet date and are included in creditors.
13. | 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 | 342,368 | 342,368
| Later than 1 year and not later than 5 years | 456,491 | 798,859
|  | 798,859 | 1,141,227
Page 11
BURLINGTONS LEGAL LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. | Related party transactions
| Included in debtors is £1,518,945 (2024: £500,828) due from a related entity. Within admin expenses the company was charged £42,547 (2024: £42,547) for IT services and £180,000 (2024: £180,000) for management charges by a related entity.
15. | Post balance sheet events
On 1 April 2025, the LLP transferred its business assets and trading activities to Burlingtons Group Limited and subsequently ceased trading. Further details are provided in Note 2.2 to the financial statements.
Page 12