Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 March 2024 31 March 2024 OC384361 S B Squared Holding Limited Mr Steven Brooks iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC384361 2022-12-31 OC384361 2024-03-31 OC384361 2023-01-01 2024-03-31 OC384361 frs-core:CurrentFinancialInstruments 2024-03-31 OC384361 frs-core:Non-currentFinancialInstruments 2024-03-31 OC384361 frs-core:MotorVehicles 2023-01-01 2024-03-31 OC384361 frs-core:PlantMachinery 2024-03-31 OC384361 frs-core:PlantMachinery 2023-01-01 2024-03-31 OC384361 frs-core:PlantMachinery 2022-12-31 OC384361 frs-core:RevaluationReserve 2022-12-31 OC384361 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2024-03-31 OC384361 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2024-03-31 OC384361 frs-bus:FilletedAccounts 2023-01-01 2024-03-31 OC384361 frs-bus:SmallEntities 2023-01-01 2024-03-31 OC384361 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 OC384361 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-03-31 OC384361 frs-countries:EnglandWales 2023-01-01 2024-03-31 OC384361 frs-bus:PartnerLLP1 2023-01-01 2024-03-31 OC384361 frs-bus:PartnerLLP2 2023-01-01 2024-03-31 OC384361 2021-12-31 OC384361 2022-12-31 OC384361 2022-01-01 2022-12-31 OC384361 frs-core:CurrentFinancialInstruments 2022-12-31 OC384361 frs-core:Non-currentFinancialInstruments 2022-12-31 OC384361 frs-core:OtherReservesSubtotal 2021-12-31 OC384361 frs-core:RevaluationReserve 2021-12-31
Registered number: OC384361
Boultbee Classic LLP
Unaudited Financial Statements
For the Period 1 January 2023 to 31 March 2024
Back Office Support Solutions Ltd
Unit 326 Canalot Studios
222 Kensal Road
London
W10 5BN
Contents
Page
Balance Sheet 1—2
Reconciliation of Members' Interests 3—5
Notes to the Financial Statements 5—6
Page 1
Balance Sheet
Registered number: OC384361
31 March 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,920,203 10,726,279
7,920,203 10,726,279
CURRENT ASSETS
Debtors 5 760,760 194,737
Cash at bank and in hand 12,501 7,765
773,261 202,502
Creditors: Amounts Falling Due Within One Year 6 (14,302 ) (1,397,423 )
NET CURRENT ASSETS (LIABILITIES) 758,959 (1,194,921 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,679,162 9,531,358
Creditors: Amounts Falling Due After More Than One Year 7 (1,200,001 ) (3,000,000 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 7,479,161 6,531,358
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (2,593,368) (3,164,529)
(2,593,368) (3,164,529)
Equity
Members' other interests
Members' capital 10,072,528 9,695,887
Other reserves 1 -
10,072,529 9,695,887
7,479,161 6,531,358
TOTAL MEMBERS' INTEREST
Amounts due from members (450,000) -
Loans and other debts due to members within one year (2,593,368) (3,164,529)
Members' other interests 10,072,529 9,695,887
7,029,161 6,531,358
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
S B Squared Holding Limited
Designated Member
21st August 2024
The notes on pages 5 to 6 form part of these financial statements.
Page 2
Page 3
Reconciliation of Members' Interests
EQUITY
Members' other interests
Members'Capital classified as Equity Revaluation Reserve Other Reserves Total Equity
£ £ £ £
Amounts due to members - - - -
Balance at 1 January 2022 12,808,856 - (249,503 ) 12,559,353
Profit/(loss) for the financial year available for discretionary division among members - - (1,099,364 ) (1,099,364 )
Members' interests after profit/(loss) for the year 12,808,856 - (1,348,867) 11,459,989
Deficit arising on revaluation of fixed assets - - - -
Introduced by members (1,760,735) - - (1,760,735)
Drawings - - - -
Repayment of Capital (1,350,000) - - (1,350,000)
Other Movements (2,234) - 1,348,867 1,346,633
Amounts due to members - - - -
As at 31 December 2022 and 1 January 2023 9,695,887 - - 9,695,887
Profit/(loss) for the financial year available for discretionary division among members - - (128,838 ) (128,838 )
Members' interests after profit/(loss) for the year 9,695,887 - (128,838) 9,567,049
Introduced by members 1,445,000 - - 1,445,000
Drawings - - - -
Repayment of Capital (1,068,359) - - (1,068,359)
Other Movements - - 128,839 128,839
Amounts due to members - - - -
Amounts due from members - - - -
As at 31 March 2024 10,072,528 - 1 10,072,529
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Members'Capital classified as Debt Other amounts Total Debts Total members' interest
£ £ £ £
Amounts due to members (2,268,855) 71,414 (2,197,441) -
Balance at 1 January 2022 (2,268,855) 71,414 (2,197,441) 10,361,912
Profit/(loss) for the financial year available for discretionary division among members - - - (1,099,364 )
Members' interests after profit/(loss) for the year (2,268,855) 71,414 (2,197,441) 9,262,548
Deficit arising on revaluation of fixed assets - - - -
Introduced by members 379,545 - 379,545 (1,381,190)
...CONTINUED
Page 3
Page 4
Drawings - (71,414) (71,414) (71,414)
Repayment of Capital 71,414 - 71,414 (1,278,586)
Other Movements (1,346,633) - (1,346,633) -
Amounts due to members (3,164,529) - (3,164,529) -
As at 31 December 2022 and 1 January 2023 (3,164,529) - (3,164,529) 6,531,358
Profit/(loss) for the financial year available for discretionary division among members - - - (128,838 )
Members' interests after profit/(loss) for the year (3,164,529) - (3,164,529) 6,402,520
Introduced by members 700,000 - 700,000 2,145,000
Drawings - (450,000) (450,000) (450,000)
Repayment of Capital - - - (1,068,359)
Other Movements (128,839) - (128,839) -
Amounts due to members (2,593,368) - (2,593,368) -
Amounts due from members - (450,000) (450,000) -
As at 31 March 2024 (2,593,368) (450,000) (3,043,368) 7,029,161
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Boultbee Classic LLP is a limited liability partnership, incorporated in England & Wales, registered number OC384361 . The Registered Office is 117 George Street, London, W1H 7HF.
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. Going Concern Disclosure
The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern. In the event of any shortfall, the members have agreed to input funds to cover that shortfall.
2.3. 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. 
Sale of goods and assets
Turnover from the sale of goods and assets is recognised when the significant risks and rewards of ownership of the goods or assets has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods or assets.
2.4. 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 25% straight line
Motor Vehicles None
Motor Vehicles and Aircraft are not depreciated.
3. Average Number of Employees
Average number of employees and members during the year was 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost or Valuation
As at 1 January 2023 10,743,541
Additions 1,216,855
Disposals (4,022,931 )
As at 31 March 2024 7,937,465
Depreciation
As at 1 January 2023 17,262
As at 31 March 2024 17,262
...CONTINUED
Page 5
Page 6
Net Book Value
As at 31 March 2024 7,920,203
As at 1 January 2023 10,726,279
5. Debtors
31 March 2024 31 December 2022
£ £
Due within one year
Trade debtors 70,760 194,273
Other debtors 690,000 464
760,760 194,737
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 December 2022
£ £
Trade creditors 14,302 38,582
Other creditors - 1,350,000
Taxation and social security - 8,841
14,302 1,397,423
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 December 2022
£ £
Other creditors 1,200,001 3,000,000
Page 6