Acorah Software Products - Accounts Production 14.5.601 false true false 10 June 2022 30 June 2023 30 June 2023 OC442629 Mr Michael Lore Mr Menahem Lore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC442629 2022-06-09 OC442629 2023-06-30 OC442629 2022-06-10 2023-06-30 OC442629 frs-core:CurrentFinancialInstruments 2023-06-30 OC442629 frs-bus:LimitedLiabilityPartnershipLLP 2022-06-10 2023-06-30 OC442629 frs-bus:LimitedLiabilityPartnershipsSORP 2022-06-10 2023-06-30 OC442629 frs-bus:FilletedAccounts 2022-06-10 2023-06-30 OC442629 frs-bus:SmallEntities 2022-06-10 2023-06-30 OC442629 frs-bus:AuditExempt-NoAccountantsReport 2022-06-10 2023-06-30 OC442629 frs-bus:SmallCompaniesRegimeForAccounts 2022-06-10 2023-06-30 OC442629 frs-countries:EnglandWales 2022-06-10 2023-06-30 OC442629 frs-bus:PartnerLLP1 2022-06-10 2023-06-30 OC442629 frs-bus:PartnerLLP2 2022-06-10 2023-06-30
Registered number: OC442629
Digital Intelligence Corporate LLP
Financial Statements
For the Period 10 June 2022 to 30 June 2023
TaxAssist Accountants
563 Chiswick High Road
London
W4 3AY
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC442629
30 June 2023
Notes £ £
CURRENT ASSETS
Debtors 4 17,864
17,864
Creditors: Amounts Falling Due Within One Year 5 (17,862 )
NET CURRENT ASSETS (LIABILITIES) 2
TOTAL ASSETS LESS CURRENT LIABILITIES 2
NET ASSETS ATTRIBUTABLE TO MEMBERS 2
REPRESENTED BY:
Equity
Members' other interests
Members' capital 2
2
TOTAL MEMBERS' INTEREST
Amounts due from members (17,862)
Members' other interests 2
(17,860)
For the period 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 Michael Lore
Designated Member
27/03/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Digital Intelligence Corporate LLP is a limited liability partnership, incorporated in England & Wales, registered number OC442629 . The Registered Office is 3rd Floor Suite, 207 Regent Street, London, W1B 3HH.
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 period was: 2
2
4. Debtors
30 June 2023
£
Due within one year
Amounts due from members 17,864
17,864
5. Creditors: Amounts Falling Due Within One Year
30 June 2023
£
Bank loans and overdrafts 15,918
Other creditors 1,944
17,862
Page 2