Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 11 October 2021 false 1 November 2022 31 October 2023 31 October 2023 OC439475 Mr Alexander Hay Mr Richard Derkacz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC439475 2022-10-31 OC439475 2023-10-31 OC439475 2022-11-01 2023-10-31 OC439475 frs-core:CurrentFinancialInstruments 2023-10-31 OC439475 frs-core:ComputerEquipment 2023-10-31 OC439475 frs-core:ComputerEquipment 2022-11-01 2023-10-31 OC439475 frs-core:ComputerEquipment 2022-10-31 OC439475 frs-core:FurnitureFittings 2023-10-31 OC439475 frs-core:FurnitureFittings 2022-11-01 2023-10-31 OC439475 frs-core:FurnitureFittings 2022-10-31 OC439475 frs-core:PlantMachinery 2023-10-31 OC439475 frs-core:PlantMachinery 2022-11-01 2023-10-31 OC439475 frs-core:PlantMachinery 2022-10-31 OC439475 frs-bus:LimitedLiabilityPartnershipLLP 2022-11-01 2023-10-31 OC439475 frs-bus:LimitedLiabilityPartnershipsSORP 2022-11-01 2023-10-31 OC439475 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 OC439475 frs-bus:SmallEntities 2022-11-01 2023-10-31 OC439475 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 OC439475 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 OC439475 frs-countries:EnglandWales 2022-11-01 2023-10-31 OC439475 frs-bus:PartnerLLP1 2022-11-01 2023-10-31 OC439475 frs-bus:PartnerLLP2 2022-11-01 2023-10-31 OC439475 2021-10-10 OC439475 2022-10-31 OC439475 2021-10-11 2022-10-31 OC439475 frs-core:CurrentFinancialInstruments 2022-10-31
Registered number: OC439475
RVP Hosting LLP
Unaudited Financial Statements
For The Year Ended 31 October 2023
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC439475
31 October 2023 31 October 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 78,976 82,654
78,976 82,654
CURRENT ASSETS
Debtors 5 38,081 33,214
Investments 6 32,803 32,797
Cash at bank and in hand 1,280 2,475
72,164 68,486
Creditors: Amounts Falling Due Within One Year 7 (1,140 ) (1,140 )
NET CURRENT ASSETS (LIABILITIES) 71,024 67,346
TOTAL ASSETS LESS CURRENT LIABILITIES 150,000 150,000
NET ASSETS ATTRIBUTABLE TO MEMBERS 150,000 150,000
REPRESENTED BY:
Equity
Members' other interests
Members' capital 150,000 150,000
150,000 150,000
TOTAL MEMBERS' INTEREST
Amounts due from members (38,081) (33,214)
Members' other interests 150,000 150,000
111,919 116,786
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 Alexander Hay
Designated Member
22nd July 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
RVP Hosting LLP is a limited liability partnership, incorporated in England & Wales, registered number OC439475 . The Registered Office is 1 London Road, Ipswich, Suffolk, IP1 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.
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 3 Years SL
Fixtures & Fittings 4 Years SL
Computer Equipment 3 Years SL
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 20 (2022: 20)
20 20
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2022 68,296 10,506 6,198 85,000
As at 31 October 2023 68,296 10,506 6,198 85,000
Depreciation
As at 1 November 2022 - 1,313 1,033 2,346
Provided during the period - 2,627 1,051 3,678
As at 31 October 2023 - 3,940 2,084 6,024
Net Book Value
As at 31 October 2023 68,296 6,566 4,114 78,976
As at 1 November 2022 68,296 9,193 5,165 82,654
Page 3
Page 4
5. Debtors
31 October 2023 31 October 2022
£ £
Due within one year
Amounts due from members 38,081 33,214
6. Current Asset Investments
31 October 2023 31 October 2022
£ £
Unlisted investments 32,803 32,797
7. Creditors: Amounts Falling Due Within One Year
31 October 2023 31 October 2022
£ £
Accruals and deferred income 1,140 1,140
Page 4