Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 true 2025-04-01 false No description of principal activity 0 0 false false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC304340 2025-04-01 2026-03-31 OC304340 2024-04-01 2025-03-31 OC304340 2026-03-31 OC304340 2025-03-31 OC304340 c:MotorVehicles 2025-04-01 2026-03-31 OC304340 c:FurnitureFittings 2025-04-01 2026-03-31 OC304340 c:FurnitureFittings 2026-03-31 OC304340 c:FurnitureFittings 2025-03-31 OC304340 c:OfficeEquipment 2025-04-01 2026-03-31 OC304340 c:OfficeEquipment 2026-03-31 OC304340 c:OfficeEquipment 2025-03-31 OC304340 c:CurrentFinancialInstruments 2026-03-31 OC304340 c:CurrentFinancialInstruments 2025-03-31 OC304340 c:CurrentFinancialInstruments c:WithinOneYear 2026-03-31 OC304340 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC304340 d:FRS102 2025-04-01 2026-03-31 OC304340 d:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 OC304340 d:FullAccounts 2025-04-01 2026-03-31 OC304340 d:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC304340 2 2025-04-01 2026-03-31 OC304340 d:PartnerLLP1 2025-04-01 2026-03-31 OC304340 c:OtherCapitalInstrumentsClassifiedAsEquity 2026-03-31 OC304340 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC304340 c:FurtherSpecificReserve2ComponentTotalEquity 2026-03-31 OC304340 c:FurtherSpecificReserve2ComponentTotalEquity 2025-03-31 OC304340 c:FurtherSpecificReserve3ComponentTotalEquity 2026-03-31 OC304340 c:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC304340 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: OC304340 MAB PARTNERS LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2026
MAB PARTNERS LLP REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MAB PARTNERS LLP FOR THE YEAR ENDED 31 MARCH 2026 In order to assist you to fulfil your duties under the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), we have prepared for your approval the financial statements of MAB Partners LLP for the year ended 31 March 2026 which comprise the Balance sheet and the related notes from the LLP's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html. This report is made solely to the members in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of MAB Partners LLP and state those matters that we have agreed to state to the MAB Partners LLP's members in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MAB Partners LLP and its members for our work or for this report. It is your duty to ensure that MAB Partners LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of MAB Partners LLP. You consider that MAB Partners LLP is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of MAB Partners LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. Alder Demain & Akers Ltd Accountants 2 Michaels Court Hanney Road Southmoor Oxford OX13 5HR 19 August 2026 Page 1
MAB PARTNERS LLP REGISTERED NUMBER: OC304340 BALANCE SHEET AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 389 |  | 389
Investments | 5 |  | 69,550 |  | 69,550
|  |  | 69,939 |  | 69,939
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 136 |  | 3,265 |
Cash at bank and in hand | 7 | 1,432 |  | 4,451 |
|  | 1,568 |  | 7,716 |
Creditors: Amounts Falling Due Within One Year | 8 | (8,100) |  | (19,247) |
Net current liabilities |  |  | (6,532) |  | (11,531)
Total assets less current liabilities |  |  | 63,407 |  | 58,408
Net assets |  |  | 63,407 |  | 58,408
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts |  |  | (1,269,751) |  | (1,700,469)
|  |  | (1,269,751) |  | (1,700,469)
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 60,500 |  | 60,500 |
Other reserves classified as equity |  | 1,272,658 |  | 1,698,377 |
|  |  | 1,333,158 |  | 1,758,877
|  |  | 63,407 |  | 58,408
Total members' interests |  |  |  |  |
Loans and other debts due to members |  |  | (1,269,751) |  | (1,700,469)
Members' other interests |  |  | 1,333,158 |  | 1,349,462
|  |  | 63,407 |  | (351,007)
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MAB PARTNERS LLP REGISTERED NUMBER: OC304340 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2026 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 19 August 2026.
................................................ Marzouk Al-bader
Designated member
The notes on pages 4 to 7 form part of these financial statements. MAB 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 3
MAB PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
MAB Partners LLP is a limited liability partnership, incorporated in England and Wales, registration number OC304340. Its registered office is: 2 Michaels Court Hanney Road, Southmoor, Abingdon, England, OX13 5HR 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 following principal accounting policies have been applied:
| 2.2 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.3 | 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 . In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.
| 2.4 | 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
MAB PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.4 | 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:
|  |  |  | Motor vehicles | - | 25% |
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office equipment | - | 25% |
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.
| 2.5 | 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.
| 2.6 | 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.
| 2.7 | 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 (2025 - 0).
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MAB PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
4. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2025 | 2,874 | 5,098 | 7,972
| At 31 March 2026 | 2,874 | 5,098 | 7,972
| Depreciation |  |  |
| At 1 April 2025 | 2,874 | 4,709 | 7,583
| At 31 March 2026 | 2,874 | 4,709 | 7,583
| Net book value |  |  |
| At 31 March 2026 | - | 389 | 389
| At 31 March 2025 | - | 389 | 389
5. | Fixed asset investments
|  | Trade investments
|  | £
| At 1 April 2025 | 69,550
| At 31 March 2026 | 69,550
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Other debtors | 137 | 3,265
|  | 137 | 3,265
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MAB PARTNERS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
7. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,432 | 4,451
|  | 1,432 | 4,451
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 8,100 | 19,247
|  | 8,100 | 19,247
9. | Related party transactions
| At the financial year end date, there is £3,801,759 (2025 - £3,809,911) owing to MAB Management Limited (Company Number 06016203). The company is registered at 2 Michaels Court, Hanney Road, Southmoor, Oxon. OX13 5HR and is a corporate partner of the LLP. The loan has been extended as an interest free loan and is not expected to be repaid within the next 12 months. At the financial year end date, the Managing Partner of MAB Partners LLP owed £3,848,632 (2025 - £3,869,935). The loan has ben extended as an interest free loan and is being repaid over a period longer than 12 months. At the financial year end date, there is £50,000 (2025 - £50,000) owing to Watershed Developments Limited (Company Number 10711661). The company is registered at 2 Michaels Court, Hanney Road, Southmoor, Oxon. OX13 5HR and is a corporate partner of the LLP. The loan has been extended as an interest free loan and is not expected to be repaid within the next 12 months.
10. | Controlling party
Mr Mazouk Al-Bader, is the ultimate controlling party by virtue of his direct and indirect interest of the LLP.
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