Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 OC340067 Mr Keith Pinnock Mrs Shirley Pinnock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC340067 2022-10-31 OC340067 2023-10-31 OC340067 2022-11-01 2023-10-31 OC340067 frs-core:CurrentFinancialInstruments 2023-10-31 OC340067 frs-core:Non-currentFinancialInstruments 2023-10-31 OC340067 frs-core:ComputerEquipment 2023-10-31 OC340067 frs-core:ComputerEquipment 2022-11-01 2023-10-31 OC340067 frs-core:ComputerEquipment 2022-10-31 OC340067 frs-core:FurnitureFittings 2023-10-31 OC340067 frs-core:FurnitureFittings 2022-11-01 2023-10-31 OC340067 frs-core:FurnitureFittings 2022-10-31 OC340067 frs-core:MotorVehicles 2023-10-31 OC340067 frs-core:MotorVehicles 2022-11-01 2023-10-31 OC340067 frs-core:MotorVehicles 2022-10-31 OC340067 frs-core:PlantMachinery 2023-10-31 OC340067 frs-core:PlantMachinery 2022-11-01 2023-10-31 OC340067 frs-core:PlantMachinery 2022-10-31 OC340067 frs-bus:LimitedLiabilityPartnershipLLP 2022-11-01 2023-10-31 OC340067 frs-bus:LimitedLiabilityPartnershipsSORP 2022-11-01 2023-10-31 OC340067 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 OC340067 frs-bus:SmallEntities 2022-11-01 2023-10-31 OC340067 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 OC340067 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 OC340067 frs-countries:EnglandWales 2022-11-01 2023-10-31 OC340067 frs-bus:PartnerLLP1 2022-11-01 2023-10-31 OC340067 frs-bus:PartnerLLP2 2022-11-01 2023-10-31 OC340067 2021-10-31 OC340067 2022-10-31 OC340067 2021-11-01 2022-10-31 OC340067 frs-core:CurrentFinancialInstruments 2022-10-31 OC340067 frs-core:Non-currentFinancialInstruments 2022-10-31
Registered number: OC340067
Heath Crawford Financial Services LLP
Unaudited Financial Statements
For The Year Ended 31 October 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC340067
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,144 2,893
3,144 2,893
CURRENT ASSETS
Debtors 5 109,769 128,571
Cash at bank and in hand 110,734 92,602
220,503 221,173
Creditors: Amounts Falling Due Within One Year 6 (62,001 ) (62,848 )
NET CURRENT ASSETS (LIABILITIES) 158,502 158,325
TOTAL ASSETS LESS CURRENT LIABILITIES 161,646 161,218
Creditors: Amounts Falling Due After More Than One Year 7 (26,612 ) (35,419 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 135,034 125,799
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 122,022 111,799
122,022 111,799
Equity
Members' other interests
Members' capital 13,012 14,000
13,012 14,000
135,034 125,799
TOTAL MEMBERS' INTEREST
Amounts due from members (94,119) (105,928)
Loans and other debts due to members within one year 122,022 111,799
Members' other interests 13,012 14,000
40,915 19,871
Page 1
Page 2
For the year ending 31 October 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 Keith Pinnock
Designated Member
30/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Heath Crawford Financial Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC340067 . The Registered Office is Catalyst House, 720 Centennial Court, Centennial Park, Elstree, Herts, WD6 3SY.
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.
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
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 4 (2022: 4)
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2022 2,195 13,250 7,837 28,922 52,204
Additions - 815 500 2,195 3,510
Transfers (2,195 ) - - - (2,195 )
As at 31 October 2023 - 14,065 8,337 31,117 53,519
Depreciation
As at 1 November 2022 - 12,504 7,837 28,970 49,311
Provided during the period - 390 125 549 1,064
As at 31 October 2023 - 12,894 7,962 29,519 50,375
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2023 - 1,171 375 1,598 3,144
As at 1 November 2022 2,195 746 - (48 ) 2,893
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 15,650 22,643
Amounts due from members 94,119 105,928
109,769 128,571
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 3,501 3,500
Other creditors - 848
Accruals and deferred income 58,500 58,500
62,001 62,848
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 26,612 35,419
26,612 35,419
Page 4