Acorah Software Products - Accounts Production 14.5.501 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 OC377054 Mr Adrian Witt Mr John Eddowes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC377054 2022-07-31 OC377054 2023-07-31 OC377054 2022-08-01 2023-07-31 OC377054 frs-core:CurrentFinancialInstruments 2023-07-31 OC377054 frs-core:Non-currentFinancialInstruments 2023-07-31 OC377054 frs-core:BetweenOneFiveYears 2023-07-31 OC377054 frs-core:MotorVehicles 2023-07-31 OC377054 frs-core:MotorVehicles 2022-08-01 2023-07-31 OC377054 frs-core:MotorVehicles 2022-07-31 OC377054 frs-core:PlantMachinery 2023-07-31 OC377054 frs-core:PlantMachinery 2022-08-01 2023-07-31 OC377054 frs-core:PlantMachinery 2022-07-31 OC377054 frs-core:WithinOneYear 2023-07-31 OC377054 frs-bus:LimitedLiabilityPartnershipLLP 2022-08-01 2023-07-31 OC377054 frs-bus:LimitedLiabilityPartnershipsSORP 2022-08-01 2023-07-31 OC377054 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 OC377054 frs-bus:SmallEntities 2022-08-01 2023-07-31 OC377054 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 OC377054 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 OC377054 frs-countries:EnglandWales 2022-08-01 2023-07-31 OC377054 frs-bus:PartnerLLP1 2022-08-01 2023-07-31 OC377054 frs-bus:PartnerLLP2 2022-08-01 2023-07-31 OC377054 2021-07-31 OC377054 2022-07-31 OC377054 2021-08-01 2022-07-31 OC377054 frs-core:CurrentFinancialInstruments 2022-07-31 OC377054 frs-core:Non-currentFinancialInstruments 2022-07-31 OC377054 frs-core:BetweenOneFiveYears 2022-07-31 OC377054 frs-core:WithinOneYear 2022-07-31
Registered number: OC377054
EOSS Maintenance LLP
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
LLP Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
LLP Information
Designated Members Mr Adrian Witt
Mr John Eddowes
LLP Registration Number OC377054
Registered Office First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
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Balance Sheet
Registered number: OC377054
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,917 29,068
21,917 29,068
CURRENT ASSETS
Debtors 5 14,896 41,652
Cash at bank and in hand 501 1,074
15,397 42,726
Creditors: Amounts Falling Due Within One Year 6 (13,651 ) (80,278 )
NET CURRENT ASSETS (LIABILITIES) 1,746 (37,552 )
TOTAL ASSETS LESS CURRENT LIABILITIES 23,663 (8,484 )
Creditors: Amounts Falling Due After More Than One Year 7 (5,121 ) (7,914 )
NET ASSETS/(LIABILITIES) ATTRIBUTABLE TO MEMBERS 18,542 (16,398 )
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 18,542 15,306
18,542 15,306
Equity
Members' other interests
Other reserves - (31,704)
- (31,704)
18,542 (16,398)
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 18,542 15,306
Members' other interests - (31,704)
18,542 (16,398)
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For the year ending 31 July 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 Adrian Witt
Designated Member
4 April 2024
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
EOSS Maintenance LLP is a limited liability partnership, incorporated in England & Wales, registered number OC377054 . The Registered Office is First Floor, New Barnes Mill, Cottonmill Lane, St Albans, AL1 2HA.
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.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under
finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Trade Debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.
2.6. Provisions and Accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
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2.7. Member's Participation Rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with FRS 25 (IAS 32) Financial Instruments: Disclosure and Presentation and UITF abstract 39 Members' shares in co-operative entities and similar instruments. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP. 
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the Profit and Loss Account in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the Balance Sheet.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the Profit and Loss Account and are equity appropriations in the Balance Sheet.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2022 2,969 44,893 47,862
Additions 133 - 133
As at 31 July 2023 3,102 44,893 47,995
Depreciation
As at 1 August 2022 103 18,691 18,794
Provided during the period 733 6,551 7,284
As at 31 July 2023 836 25,242 26,078
Net Book Value
As at 31 July 2023 2,266 19,651 21,917
As at 1 August 2022 2,866 26,202 29,068
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 10,602 40,711
Prepayments and accrued income 2,130 941
Amounts due from members 2,164 -
14,896 41,652
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 2,793 2,793
Trade creditors 4,107 53,103
VAT 5,151 6,290
Members' loan account - 18,092
Accruals and deferred income 1,600 -
13,651 80,278
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 5,121 7,914
5,121 7,914
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,793 2,793
Later than one year and not later than five years 5,121 7,914
7,914 10,707
7,914 10,707
9. Capital Commitments
2023 2022
£ £
At the end of the period 7,914 10,707
Lloyds Bank Commercial Finance Limited holds fixed and floating charges over EOSS Maintenance LLP. The floating charge covers all of the property or undertaking of the LLP. The charges also contain a negative pledge.
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