Acorah Software Products - Accounts Production 14.5.601 false true false 31 July 2023 31 March 2024 31 March 2024 OC448437 Mrs Dawn Elizabeth Robinson Mr Christopher Paul Newton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC448437 2023-07-30 OC448437 2024-03-31 OC448437 2023-07-31 2024-03-31 OC448437 frs-core:CurrentFinancialInstruments 2024-03-31 OC448437 frs-core:Non-currentFinancialInstruments 2024-03-31 OC448437 frs-core:BetweenOneFiveYears 2024-03-31 OC448437 frs-core:FurnitureFittings 2024-03-31 OC448437 frs-core:FurnitureFittings 2023-07-31 2024-03-31 OC448437 frs-core:FurnitureFittings 2023-07-30 OC448437 frs-core:MotorVehicles 2024-03-31 OC448437 frs-core:MotorVehicles 2023-07-31 2024-03-31 OC448437 frs-core:MotorVehicles 2023-07-30 OC448437 frs-core:WithinOneYear 2024-03-31 OC448437 frs-bus:LimitedLiabilityPartnershipLLP 2023-07-31 2024-03-31 OC448437 frs-bus:LimitedLiabilityPartnershipsSORP 2023-07-31 2024-03-31 OC448437 frs-bus:FilletedAccounts 2023-07-31 2024-03-31 OC448437 frs-bus:SmallEntities 2023-07-31 2024-03-31 OC448437 frs-bus:AuditExempt-NoAccountantsReport 2023-07-31 2024-03-31 OC448437 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-31 2024-03-31 OC448437 frs-countries:EnglandWales 2023-07-31 2024-03-31 OC448437 frs-bus:PartnerLLP1 2023-07-31 2024-03-31 OC448437 frs-bus:PartnerLLP2 2023-07-31 2024-03-31
Registered number: OC448437
Newtons Barbers LLP
Financial Statements
For the Period 31 July 2023 to 31 March 2024
Brodericks (York) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC448437
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 51,226
51,226
CURRENT ASSETS
Debtors 5 948
Cash at bank and in hand 45,673
46,621
Creditors: Amounts Falling Due Within One Year 6 (11,692 )
NET CURRENT ASSETS (LIABILITIES) 34,929
TOTAL ASSETS LESS CURRENT LIABILITIES 86,155
Creditors: Amounts Falling Due After More Than One Year 7 (2,395 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 83,760
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 80,452
Other amounts 3,308
83,760
83,760
TOTAL MEMBERS' INTEREST
Amounts due from members (29)
Loans and other debts due to members within one year 83,760
83,731
Page 1
Page 2
For the period 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
Mrs Dawn Elizabeth Robinson
Designated Member
22/04/2024
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
Newtons Barbers LLP is a limited liability partnership, incorporated in England & Wales, registered number OC448437 . The Registered Office is 7-9 East Parade, Heworth, York, North Yorkshire, YO31 7YB.
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.
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:
Motor Vehicles 25% Reducing balance method
Fixtures & Fittings 20% Reducing balance method
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 3
3
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 31 July 2023 - - -
Additions 53,770 1,200 54,970
As at 31 March 2024 53,770 1,200 54,970
Depreciation
As at 31 July 2023 - - -
Provided during the period 3,604 140 3,744
As at 31 March 2024 3,604 140 3,744
Net Book Value
As at 31 March 2024 50,166 1,060 51,226
As at 31 July 2023 - - -
5. Debtors
31 March 2024
£
Due within one year
Other debtors 948
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 2,405
Trade creditors 170
Other creditors 522
Taxation and social security 8,595
11,692
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 2,395
8. Obligations Under Finance Leases and Hire Purchase
31 March 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 2,405
Later than one year and not later than five years 2,395
4,800
4,800
Page 4