Acorah Software Products - Accounts Production 15.0.400 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 OC350910 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC350910 2023-04-30 OC350910 2024-04-30 OC350910 2023-05-01 2024-04-30 OC350910 frs-core:CurrentFinancialInstruments 2024-04-30 OC350910 frs-core:Non-currentFinancialInstruments 2024-04-30 OC350910 frs-core:ComputerEquipment 2024-04-30 OC350910 frs-core:ComputerEquipment 2023-05-01 2024-04-30 OC350910 frs-core:ComputerEquipment 2023-04-30 OC350910 frs-core:FurnitureFittings 2024-04-30 OC350910 frs-core:FurnitureFittings 2023-05-01 2024-04-30 OC350910 frs-core:FurnitureFittings 2023-04-30 OC350910 frs-core:MotorVehicles 2024-04-30 OC350910 frs-core:MotorVehicles 2023-05-01 2024-04-30 OC350910 frs-core:MotorVehicles 2023-04-30 OC350910 frs-core:PlantMachinery 2024-04-30 OC350910 frs-core:PlantMachinery 2023-05-01 2024-04-30 OC350910 frs-core:PlantMachinery 2023-04-30 OC350910 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC350910 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 OC350910 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 OC350910 frs-bus:SmallEntities 2023-05-01 2024-04-30 OC350910 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC350910 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 OC350910 frs-countries:EnglandWales 2023-05-01 2024-04-30 OC350910 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 OC350910 2022-04-30 OC350910 2023-04-30 OC350910 2022-05-01 2023-04-30 OC350910 frs-core:CurrentFinancialInstruments 2023-04-30 OC350910 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: OC350910
Streathers Clapham LLP
Unaudited Financial Statements
For The Year Ended 30 April 2024
Bryars & Co
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC350910
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 43,554 63,260
43,554 63,260
CURRENT ASSETS
Stocks 5 70,057 67,779
Debtors 6 67,682 55,430
Cash at bank and in hand 239,486 192,173
377,225 315,382
Creditors: Amounts Falling Due Within One Year 7 (46,797 ) (47,759 )
NET CURRENT ASSETS (LIABILITIES) 330,428 267,623
TOTAL ASSETS LESS CURRENT LIABILITIES 373,982 330,883
Creditors: Amounts Falling Due After More Than One Year 8 - (7,703 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 373,982 323,180
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 373,982 323,180
373,982 323,180
373,982 323,180
TOTAL MEMBERS' INTEREST
Amounts due from members (10,028) (14,950)
Loans and other debts due to members within one year 373,982 323,180
363,954 308,230
Page 1
Page 2
For the year ending 30 April 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
B C Wise
Partner
26/07/2024
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
Streathers Clapham LLP is a limited liability partnership, incorporated in England & Wales, registered number OC350910 . The Registered Office is 53 Clapham High Street, London, SW4 7TG.
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 20% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
2.4. 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: 7 (2023: 8)
7 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 2,300 70,240 36,767 41,996 151,303
Additions - - - 3,769 3,769
Disposals - - - (925 ) (925 )
As at 30 April 2024 2,300 70,240 36,767 44,840 154,147
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 920 28,096 36,767 22,260 88,043
Provided during the period 460 14,048 - 8,967 23,475
Disposals - - - (925 ) (925 )
As at 30 April 2024 1,380 42,144 36,767 30,302 110,593
Net Book Value
As at 30 April 2024 920 28,096 - 14,538 43,554
As at 1 May 2023 1,380 42,144 - 19,736 63,260
5. Stocks
2024 2023
£ £
Work in progress 70,057 67,779
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,099 4,009
Prepayments and accrued income 49,555 36,471
Amounts due from members 10,028 14,950
67,682 55,430
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Other taxes and social security 27,448 30,186
Accrued expenses and deferred income 19,348 17,573
46,797 47,759
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans - 7,703
- 7,703
Page 4