Acorah Software Products - Accounts Production 14.5.501 false true 31 March 2022 22 March 2021 false 1 April 2022 31 March 2023 31 March 2023 SO307191 Mr Derek Lewis Mrs Louise Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SO307191 2022-03-31 SO307191 2023-03-31 SO307191 2022-04-01 2023-03-31 SO307191 frs-core:CurrentFinancialInstruments 2023-03-31 SO307191 frs-bus:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 SO307191 frs-bus:LimitedLiabilityPartnershipsSORP 2022-04-01 2023-03-31 SO307191 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 SO307191 frs-bus:SmallEntities 2022-04-01 2023-03-31 SO307191 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 SO307191 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 SO307191 frs-countries:Scotland 2022-04-01 2023-03-31 SO307191 frs-bus:PartnerLLP1 2022-04-01 2023-03-31 SO307191 frs-bus:PartnerLLP2 2022-04-01 2023-03-31 SO307191 2021-03-21 SO307191 2022-03-31 SO307191 2021-03-22 2022-03-31 SO307191 frs-core:CurrentFinancialInstruments 2022-03-31
Registered number: SO307191
The Pier Partnership LLP
Financial Statements
For The Year Ended 31 March 2023
Hill Wooldridge Accountants Ltd
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SO307191
31 March 2023 31 March 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 5,586 1,267
Cash at bank and in hand 177 846
5,763 2,113
Creditors: Amounts Falling Due Within One Year 5 (5,763 ) (2,113 )
NET ASSETS ATTRIBUTABLE TO MEMBERS - -
REPRESENTED BY:
TOTAL MEMBERS' INTEREST
Amounts due from members (1,543) (1,143)
(1,543) (1,143)
For the year ending 31 March 2023 the LLP 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Derek Lewis
Designated Member
28th March 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Pier Partnership LLP is a limited liability partnership, incorporated in Scotland, registered number SO307191 . The Registered Office is Drimnin House, Drimnin, Oban, PA80 5XZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2022: NIL)
- -
4. Debtors
31 March 2023 31 March 2022
£ £
Due within one year
Trade debtors 3,943 -
VAT 100 124
Amounts due from members 1,543 1,143
5,586 1,267
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
31 March 2023 31 March 2022
£ £
Trade creditors 1,613 1,613
Other loans 3,750 -
Accruals and deferred income 400 500
5,763 2,113
Page 3