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 OC407596 Ms Claire Bailey Ms Danielle King iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC407596 2023-03-31 OC407596 2024-03-31 OC407596 2023-04-01 2024-03-31 OC407596 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC407596 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC407596 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC407596 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 OC407596 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC407596 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC407596 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC407596 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC407596 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC407596 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC407596 2022-03-31 OC407596 2023-03-31 OC407596 2022-04-01 2023-03-31
Registered number: OC407596
Little Shoddesden Properties LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
MJK Accountants Ltd
Unit 9 Barnack Business Centre Blakey Road
Salisbury
Wiltshire
SP1 2LP
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: OC407596
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 1,137,999 1,137,999
1,137,999 1,137,999
CURRENT ASSETS
Debtors 3,518 6,006
Cash at bank and in hand 36,324 37,983
39,842 43,989
Creditors: Amounts Falling Due Within One Year (5,335 ) (5,298 )
NET CURRENT ASSETS (LIABILITIES) 34,507 38,691
TOTAL ASSETS LESS CURRENT LIABILITIES 1,172,506 1,176,690
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,172,506 1,176,690
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 34,505 38,689
34,505 38,689
Equity
Members' other interests
Members' capital 1,138,001 1,138,001
1,138,001 1,138,001
1,172,506 1,176,690
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 34,505 38,689
Members' other interests 1,138,001 1,138,001
1,172,506 1,176,690
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.
All of the LLP's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
Ms Danielle King
Designated Member
06/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Little Shoddesden Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC407596 . The Registered Office is Greenholme, Longparish, Andover, Hampshire, SP11 6PB.
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 comprises rental income receivable in the period.
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:
Computer Equipment 33.33% Straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually by reference to residential property prices in the relevant geographical area. No depreciation is provided for. Changes in fair value are recognised in the members' equity interests by transfer from other reserves.
2.5. Taxation
Taxation on the profits of the LLP is solely the personal liability of individual members and is not dealt with in these financial statements.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 1,279
As at 31 March 2024 1,279
Depreciation
As at 1 April 2023 1,279
As at 31 March 2024 1,279
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 1,137,999
Page 4