Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 June 2022 false 1 April 2023 31 March 2024 31 March 2024 OC442199 Miss M Grover Mrs R Grover iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC442199 2023-03-31 OC442199 2024-03-31 OC442199 2023-04-01 2024-03-31 OC442199 frs-core:CurrentFinancialInstruments 2024-03-31 OC442199 frs-core:Non-currentFinancialInstruments 2024-03-31 OC442199 frs-core:BetweenOneFiveYears 2024-03-31 OC442199 frs-core:FurnitureFittings 2024-03-31 OC442199 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC442199 frs-core:FurnitureFittings 2023-03-31 OC442199 frs-core:MotorVehicles 2024-03-31 OC442199 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC442199 frs-core:MotorVehicles 2023-03-31 OC442199 frs-core:WithinOneYear 2024-03-31 OC442199 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC442199 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC442199 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC442199 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC442199 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC442199 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC442199 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC442199 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC442199 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC442199 2022-05-31 OC442199 2023-03-31 OC442199 2022-06-01 2023-03-31 OC442199 frs-core:CurrentFinancialInstruments 2023-03-31 OC442199 frs-core:Non-currentFinancialInstruments 2023-03-31 OC442199 frs-core:BetweenOneFiveYears 2023-03-31 OC442199 frs-core:WithinOneYear 2023-03-31
Registered number: OC442199
Lulamae's Cafe LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Bromley Clackett Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC442199
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,480 20,132
15,480 20,132
CURRENT ASSETS
Stocks 5 1,100 1,100
Debtors 6 12,369 4,961
Cash at bank and in hand 16,992 11,051
30,461 17,112
Creditors: Amounts Falling Due Within One Year 7 (6,033 ) (5,358 )
NET CURRENT ASSETS (LIABILITIES) 24,428 11,754
TOTAL ASSETS LESS CURRENT LIABILITIES 39,908 31,886
Creditors: Amounts Falling Due After More Than One Year 8 (13,494 ) (16,704 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 26,414 15,182
REPRESENTED BY:
Loans and other debts due to members
Other amounts 26,414 15,182
26,414 15,182
26,414 15,182
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 26,414 15,182
26,414 15,182
Page 1
Page 2
For the year ending 31 March 2024 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
Mrs R Grover
Designated Member
23rd 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
Lulamae's Cafe LLP is a limited liability partnership, incorporated in England & Wales, registered number OC442199 . The Registered Office is 76 Aldwick Road, Bognor Regis, West Sussex, PO20 1LN.
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:
Motor Vehicles 25% RB
Fixtures & Fittings 15% RB
2.4. Leasing and Hire Purchase Contracts
Assets obtained under 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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 5 (2023: 3)
5 3
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 20,609 4,238 24,847
As at 31 March 2024 20,609 4,238 24,847
Depreciation
As at 1 April 2023 4,294 421 4,715
Provided during the period 4,079 573 4,652
As at 31 March 2024 8,373 994 9,367
Net Book Value
As at 31 March 2024 12,236 3,244 15,480
As at 1 April 2023 16,315 3,817 20,132
5. Stocks
31 March 2024 31 March 2023
£ £
Stock 1,100 1,100
6. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Other debtors 12,369 4,961
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,963 2,963
Trade creditors (2 ) -
Other creditors 875 875
Taxation and social security 2,197 1,520
6,033 5,358
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 March 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,494 16,704
Page 4
Page 5
9. Obligations Under Finance Leases and Hire Purchase
31 March 2024 31 March 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,963 2,963
Later than one year and not later than five years 13,494 16,704
16,457 19,667
16,457 19,667
Page 5