Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 No description of principal activity 0 0 true true false OC363742 2024-04-01 2025-03-31 OC363742 2023-04-01 2024-03-31 OC363742 2025-03-31 OC363742 2024-03-31 OC363742 c:FurnitureFittings 2024-04-01 2025-03-31 OC363742 c:CurrentFinancialInstruments 2025-03-31 OC363742 c:CurrentFinancialInstruments 2024-03-31 OC363742 c:CurrentFinancialInstruments 2 2025-03-31 OC363742 c:CurrentFinancialInstruments 2 2024-03-31 OC363742 c:Non-currentFinancialInstruments 2025-03-31 OC363742 c:Non-currentFinancialInstruments 2024-03-31 OC363742 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC363742 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC363742 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 OC363742 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 OC363742 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2025-03-31 OC363742 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2024-03-31 OC363742 c:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-03-31 OC363742 c:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 OC363742 e:FRS102 2024-04-01 2025-03-31 OC363742 e:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC363742 e:FullAccounts 2024-04-01 2025-03-31 OC363742 e:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC363742 e:PartnerLLP1 2024-04-01 2025-03-31 OC363742 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC363742 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC363742 c:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC363742 c:FurtherSpecificReserve2ComponentTotalEquity 2024-03-31 OC363742 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC363742 IMPACT INVESTMENT PARTNERS LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
IMPACT INVESTMENT PARTNERS LLP REGISTERED NUMBER: OC363742 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets |  |  | - |  | 1
|  |  | - |  | 1
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 1,088,222 |  | 956,371 |
Cash at bank and in hand | 5 | 1,122 |  | 1,352 |
|  | 1,089,344 |  | 957,723 |
Creditors: Amounts Falling Due Within One Year | 6 | (976,757) |  | (838,148) |
Net current assets |  |  | 112,587 |  | 119,575
Total assets less current liabilities |  |  | 112,587 |  | 119,576
Creditors: amounts falling due after more than one year | 7 |  | (30,725) |  | (37,714)
|  |  | 81,862 |  | 81,862
Net assets |  |  | 81,862 |  | 81,862
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 1,240,618 |  | 1,240,618 |
Other reserves classified as equity |  | (1,158,756) |  | (1,158,756) |
|  |  | 81,862 |  | 81,862
|  |  | 81,862 |  | 81,862
Total members' interests |  |  |  |  |
Amounts due from members (included in debtors) | 4 |  | (273,504) |  | (408,154)
Members' other interests |  |  | 81,862 |  | 81,862
|  |  | (191,642) |  | (326,292)
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. Page 1
IMPACT INVESTMENT PARTNERS LLP REGISTERED NUMBER: OC363742 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 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 19 March 2026.
................................................ Varun Sahni
Designated member
The notes on pages 4 to 9 form part of these financial statements. Impact Investment Partners 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
IMPACT INVESTMENT PARTNERS 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) | Other reserves | Total | Other amounts | Total | Total
| £ | £ | £ | £ | £ | £
Members' remuneration charged as an expense | - | - | - | 69,024 | 69,024 | 69,024
Members' interests after profit for the year | 1,240,618 | (1,158,756) | 81,862 | (376,063) | (376,063) | (294,201)
Drawings on account and distribution of profit | - | - | - | (32,090) | (32,090) | (32,090)
Amounts due from members |  |  |  | (408,153) | (408,153) |
Balance at 31 March 2024 | 1,240,618 | (1,158,756) | 81,862 | (408,154) | (408,154) | (326,292)
Members' remuneration charged as an expense | - | - | - | 69,290 | 69,290 | 69,290
Members' interests after profit for the year | 1,240,618 | (1,158,756) | 81,862 | (338,864) | (338,864) | (257,002)
Drawings on account and distribution of profit | - | - | - | 65,359 | 65,359 | 65,359
Amounts due from members |  |  |  | (273,504) | (273,504) |
Balance at 31 March 2025 | 1,240,618 | (1,158,756) | 81,862 | (273,504) | (273,504) | (191,642)
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 3
IMPACT INVESTMENT PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Impact Investment Partners LLP is a limited liability partnership, registered in England and Wales. The entity's registered number and registered office address are as below: Registered number: OC363742 Registered office: The Courtyard, Sydenham Road, Croydon, United Kingdom, CR0 2EE. 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 | 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 Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 4
IMPACT INVESTMENT PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | 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: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the LLP has transferred the significant risks and rewards of ownership to the buyer; ∙the LLP retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the LLP will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. 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.
| 2.4 | 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 5
IMPACT INVESTMENT PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | 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 .
| 2.7 | 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 33% |
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 | 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.
| 2.9 | 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. Page 6
IMPACT INVESTMENT PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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.
3. | Employees
| The entity has no employees.
| The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 809,823 | 543,323
| Other debtors | 4,895 | 4,895
| Amounts due from members | 273,504 | 408,153
|  | 1,088,222 | 956,371
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,122 | 1,352
|  | 1,122 | 1,352
Page 7
IMPACT INVESTMENT PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 4,819 | 4,912
| Other taxation and social security | 490,698 | 416,994
| Other creditors | 23,940 | 23,942
| Accruals and deferred income | 457,300 | 392,300
|  | 976,757 | 838,148
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 30,725 | 37,714
|  | 30,725 | 37,714
8. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due after more than 5 years |  |
| Bank loans | 30,725 | 37,714
|  | 30,725 | 37,714
|  | 30,725 | 37,714
Page 8
IMPACT INVESTMENT PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 1,122 | 1,352
| Financial assets measured at fair value through profit or loss comprise...
10. | Related party transactions
| Varun Sahni and Rohini Sood have a beneficial interest in a company in which the LLP provides management services of £310,000 (2024:£380,000) a further £455,000 was invoiced in advance for work undertaken after the balance sheet date. At the year end, the amount owed by the LLP to the company was £0 (2023: £0).
11. | Controlling party
Impact Investment Partners LLP is controlled by Varun Sahni who is the designated members of the firm.
Page 9