Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC388705 Mr L C Welliver Mrs K A Welliver Miss M I Welliver iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC388705 2023-03-31 OC388705 2024-03-31 OC388705 2023-04-01 2024-03-31 OC388705 frs-core:CurrentFinancialInstruments 2024-03-31 OC388705 frs-core:ComputerEquipment 2024-03-31 OC388705 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC388705 frs-core:ComputerEquipment 2023-03-31 OC388705 frs-core:FurnitureFittings 2024-03-31 OC388705 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC388705 frs-core:FurnitureFittings 2023-03-31 OC388705 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC388705 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC388705 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC388705 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC388705 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC388705 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC388705 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC388705 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC388705 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC388705 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC388705 2022-03-31 OC388705 2023-03-31 OC388705 2022-04-01 2023-03-31 OC388705 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC388705
Mabel Apps LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
KLT Accountancy Ltd
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: OC388705
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,259 750
2,259 750
CURRENT ASSETS
Debtors 5 7,721 4,930
Cash at bank and in hand 8,948 -
16,669 4,930
Creditors: Amounts Falling Due Within One Year 6 (12,809 ) (16,102 )
NET CURRENT ASSETS (LIABILITIES) 3,860 (11,172 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,119 (10,422 )
NET ASSETS/(LIABILITIES) ATTRIBUTABLE TO MEMBERS 6,119 (10,422 )
REPRESENTED BY:
Equity
Members' other interests
Members' capital 6,119 (10,422)
6,119 (10,422)
TOTAL MEMBERS' INTEREST
Members' other interests 6,119 (10,422)
6,119 (10,422)
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 Income Statement.
On behalf of the members
Mr L C Welliver
Designated Member
Mrs K A Welliver
Designated Member
Miss M I Welliver
Designated Member
01/08/2024
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
Mabel Apps LLP is a limited liability partnership, incorporated in England & Wales, registered number OC388705 . The Registered Office is 30 Whaley Lane, Whaley Bridge, High Peak, SK23 7BA.
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:
Fixtures & Fittings 20% straight line
Computer Equipment 33.3% straight line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 8,455 2,250 10,705
Additions - 2,353 2,353
As at 31 March 2024 8,455 4,603 13,058
Depreciation
As at 1 April 2023 8,455 1,500 9,955
Provided during the period - 844 844
As at 31 March 2024 8,455 2,344 10,799
Net Book Value
As at 31 March 2024 - 2,259 2,259
As at 1 April 2023 - 750 750
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,152 692
Prepayments and accrued income 3,569 4,238
7,721 4,930
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 99 -
Bank loans and overdrafts - 2,668
VAT 1,463 774
Other creditors 418 -
Accruals and deferred income 10,829 12,660
12,809 16,102
Page 4