Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC347347 Mr Andrew Springhall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC347347 2023-03-31 OC347347 2024-03-31 OC347347 2023-04-01 2024-03-31 OC347347 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC347347 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC347347 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC347347 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC347347 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC347347 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC347347 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC347347 frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC347347 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC347347 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC347347 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC347347 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC347347 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC347347 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC347347 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC347347 2022-03-31 OC347347 2023-03-31 OC347347 2022-04-01 2023-03-31 OC347347 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC347347
Turning Point Investments LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC347347
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 - 150,000
- 150,000
CURRENT ASSETS
Debtors 5 66,787 91,392
Cash at bank and in hand - 4,346
66,787 95,738
Creditors: Amounts Falling Due Within One Year 6 - (812 )
NET CURRENT ASSETS (LIABILITIES) 66,787 94,926
TOTAL ASSETS LESS CURRENT LIABILITIES 66,787 244,926
NET ASSETS ATTRIBUTABLE TO MEMBERS 66,787 244,926
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (339,938) (252,938)
Other amounts 406,725 497,864
66,787 244,926
66,787 244,926
TOTAL MEMBERS' INTEREST
Amounts due from members (66,787) (91,139)
Loans and other debts due to members within one year 66,787 244,926
- 153,787
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
Mr Andrew Springhall
Designated Member
18 April 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
Turning Point Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC347347 . The Registered Office is 4 Edison Village, Highfields Science Park, Nottingham, NG7 2RF.
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 comprises

  • the invoiced value of goods and services supplied by the LLP, net of Value Added Tax and trade discounts.
  • Interest on loans
  • Dividends
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 April 2023 150,000
Disposals (150,000 )
As at 31 March 2024 -
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 150,000
The principal activity of Turning Point Investments LLP is the provision of cash investment to SME businesses either as Equity and/or Debt
5. Debtors
2024 2023
£ £
Due within one year
VAT - 253
Amounts due from members 66,787 91,139
66,787 91,392
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 812
Page 4