Acorah Software Products - Accounts Production 14.5.601 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 OC329868 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC329868 2022-06-30 OC329868 2023-06-30 OC329868 2022-07-01 2023-06-30 OC329868 frs-core:CurrentFinancialInstruments 2023-06-30 OC329868 frs-core:Non-currentFinancialInstruments 2023-06-30 OC329868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 OC329868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 OC329868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-06-30 OC329868 frs-bus:LimitedLiabilityPartnershipLLP 2022-07-01 2023-06-30 OC329868 frs-bus:LimitedLiabilityPartnershipsSORP 2022-07-01 2023-06-30 OC329868 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 OC329868 frs-bus:SmallEntities 2022-07-01 2023-06-30 OC329868 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 OC329868 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 OC329868 frs-countries:EnglandWales 2022-07-01 2023-06-30 OC329868 frs-bus:PartnerLLP1 2022-07-01 2023-06-30 OC329868 2021-06-30 OC329868 2022-06-30 OC329868 2021-07-01 2022-06-30 OC329868 frs-core:CurrentFinancialInstruments 2022-06-30 OC329868 frs-core:Non-currentFinancialInstruments 2022-06-30
Registered number: OC329868
Foster Dawson LLP
Unaudited Financial Statements
For The Year Ended 30 June 2023
MAR Kilshaw Limited
99 Stanley Road
Bootle
Liverpool
Merseyside
L20 7DA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC329868
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 850,000 240,088
850,000 240,088
CURRENT ASSETS
Debtors 5 61,157 263,797
Cash at bank and in hand 9,584 5,198
70,741 268,995
Creditors: Amounts Falling Due Within One Year 6 (23,450 ) (3,343 )
NET CURRENT ASSETS (LIABILITIES) 47,291 265,652
TOTAL ASSETS LESS CURRENT LIABILITIES 897,291 505,740
Creditors: Amounts Falling Due After More Than One Year 7 (384,000 ) (384,000 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 513,291 121,740
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (104,369) 119,631
Other amounts 2,275 2,109
(102,094) 121,740
Equity
Members' other interests
Revaluation reserve 615,385 -
615,385 -
513,291 121,740
...CONTINUED
Page 1
Page 2
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year (102,094) 121,740
Members' other interests 615,385 -
513,291 121,740
For the year ending 30 June 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 D J Foster
Partner
9 April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Foster Dawson LLP is a limited liability partnership, incorporated in England & Wales, registered number OC329868 . The Registered Office is 99 Stanley Road, Bootle, Merseyside, L20 7DA.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold None
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 July 2022 273,643
Revaluation 576,357
As at 30 June 2023 850,000
Depreciation
As at 1 July 2022 33,555
...CONTINUED
Page 3
Page 4
Provided during the period 5,473
On revaluations (39,028 )
As at 30 June 2023 -
Net Book Value
As at 30 June 2023 850,000
As at 1 July 2022 240,088
Cost or valuation as at 30 June 2023 represented by:
Land & Property
Freehold
£
At cost 234,615
At valuation 615,385
850,000
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,157 8,797
Amounts owed by other participating interests 12,000 212,000
18,157 220,797
Due after more than one year
Amounts owed by other participating interests 43,000 43,000
43,000 43,000
61,157 263,797
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 20,107 -
Accruals and deferred income 3,343 3,343
23,450 3,343
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 384,000 384,000
384,000 384,000
Page 5