Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC407379 Mr J B Roberts Mrs B P Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC407379 2023-03-31 OC407379 2024-03-31 OC407379 2023-04-01 2024-03-31 OC407379 frs-core:CurrentFinancialInstruments 2024-03-31 OC407379 frs-core:FurnitureFittings 2024-03-31 OC407379 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC407379 frs-core:FurnitureFittings 2023-03-31 OC407379 frs-core:MotorVehicles 2024-03-31 OC407379 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC407379 frs-core:MotorVehicles 2023-03-31 OC407379 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC407379 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC407379 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC407379 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC407379 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC407379 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC407379 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC407379 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC407379 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC407379 2022-03-31 OC407379 2023-03-31 OC407379 2022-04-01 2023-03-31 OC407379 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC407379
Pryor Roberts LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC407379
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,737 4,984
3,737 4,984
CURRENT ASSETS
Debtors 5 34,568 20,292
Cash at bank and in hand 1,483 7,112
36,051 27,404
Creditors: Amounts Falling Due Within One Year 6 (14,033 ) (8,781 )
NET CURRENT ASSETS (LIABILITIES) 22,018 18,623
TOTAL ASSETS LESS CURRENT LIABILITIES 25,755 23,607
NET ASSETS ATTRIBUTABLE TO MEMBERS 25,755 23,607
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (67,052) (87,396)
(67,052) (87,396)
Equity
Members' other interests
Other reserves 92,807 111,003
92,807 111,003
25,755 23,607
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year (67,052) (87,396)
Members' other interests 92,807 111,003
25,755 23,607
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 Profit and Loss Account.
On behalf of the members
Mr J B Roberts
Designated Member
Mrs B P Roberts
Designated Member
6 August 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
Pryor Roberts LLP is a limited liability partnership, incorporated in England & Wales, registered number OC407379 . The Registered Office is 101 Culverden Down, Tunbridge Wells, Kent, TN4 9SN.
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.
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:
Motor Vehicles 25% per annum on net book value
Fixtures & Fittings 25% per annum on net book value
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
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 23,788 2,614 26,402
As at 31 March 2024 23,788 2,614 26,402
Depreciation
As at 1 April 2023 19,554 1,864 21,418
Provided during the period 1,059 188 1,247
As at 31 March 2024 20,613 2,052 22,665
Net Book Value
As at 31 March 2024 3,175 562 3,737
As at 1 April 2023 4,234 750 4,984
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 32,978 18,580
VAT 1,590 1,712
34,568 20,292
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,479 6,910
Other loans 55 472
Accruals and deferred income 1,499 1,399
14,033 8,781
7. Related Party Transactions
During the year, the members used an area of their home as an office. The charge in the financial statements amounted to £978 (2023: £961).
Page 4