Acorah Software Products - Accounts Production 15.0.400 false true 31 July 2022 15 July 2021 false 1 August 2022 31 October 2023 31 October 2023 NC001691 Mr Tyler McMaster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NC001691 2022-07-31 NC001691 2023-10-31 NC001691 2022-08-01 2023-10-31 NC001691 frs-core:NetGoodwill 2023-10-31 NC001691 frs-core:NetGoodwill 2022-08-01 2023-10-31 NC001691 frs-core:NetGoodwill 2022-07-31 NC001691 frs-bus:LimitedLiabilityPartnershipLLP 2022-08-01 2023-10-31 NC001691 frs-bus:LimitedLiabilityPartnershipsSORP 2022-08-01 2023-10-31 NC001691 frs-bus:FilletedAccounts 2022-08-01 2023-10-31 NC001691 frs-bus:SmallEntities 2022-08-01 2023-10-31 NC001691 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-10-31 NC001691 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-10-31 NC001691 frs-countries:EnglandWales 2022-08-01 2023-10-31 NC001691 frs-bus:PartnerLLP1 2022-08-01 2023-10-31 NC001691 2021-07-14 NC001691 2022-07-31 NC001691 2021-07-15 2022-07-31
Registered number: NC001691
OIJ Coaching LLP
Unaudited Financial Statements
For the Period 1 August 2022 to 31 October 2023
Proactive Chartered Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NC001691
31 October 2023 31 July 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 11,497 12,814
11,497 12,814
CURRENT ASSETS
Debtors 5 18,801 3,201
Cash at bank and in hand 8,036 1,205
26,837 4,406
Creditors: Amounts Falling Due Within One Year 6 (2,750 ) 18,800
NET CURRENT ASSETS (LIABILITIES) 24,087 23,206
TOTAL ASSETS LESS CURRENT LIABILITIES 35,584 36,020
NET ASSETS ATTRIBUTABLE TO MEMBERS 35,584 36,020
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 3,607 -
3,607 -
Equity
Members' other interests
Members' capital (38,489) (30,839)
Other reserves 70,466 66,859
31,977 36,020
35,584 36,020
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 3,607 -
Members' other interests 31,977 36,020
35,584 36,020
Page 1
Page 2
For the period 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 member acknowledges his 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 Tyler McMaster
Designated Member
22/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
OIJ Coaching LLP is a limited liability partnership, incorporated in England & Wales, registered number NC001691 . The Registered Office is 19 Arthur Street, Belfast, County Antrim, BT1 4GA.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: NIL (2022: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2022 13,168
As at 31 October 2023 13,168
Amortisation
As at 1 August 2022 354
Provided during the period 1,317
As at 31 October 2023 1,671
Net Book Value
As at 31 October 2023 11,497
As at 1 August 2022 12,814
5. Debtors
31 October 2023 31 July 2022
£ £
Due within one year
Other debtors 18,801 3,201
6. Creditors: Amounts Falling Due Within One Year
31 October 2023 31 July 2022
£ £
Other creditors 2,750 (18,800)
7. Gross Margin
Page 3
Page 4
The reduction in GP margin is due to pitch hiring costs which have increased by 30-40%
Page 4