Acorah Software Products - Accounts Production 15.0.600 false true 5 April 2023 22 August 2022 false 6 April 2023 5 April 2024 5 April 2024 OC443595 Mr Sarvjit Singh Kooner Mrs Prem Kaur Kooner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC443595 2023-04-05 OC443595 2024-04-05 OC443595 2023-04-06 2024-04-05 OC443595 frs-core:CurrentFinancialInstruments 2024-04-05 OC443595 frs-core:Non-currentFinancialInstruments 2024-04-05 OC443595 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-05 OC443595 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-05 OC443595 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 OC443595 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-06 2024-04-05 OC443595 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 OC443595 frs-bus:SmallEntities 2023-04-06 2024-04-05 OC443595 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 OC443595 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 OC443595 frs-countries:EnglandWales 2023-04-06 2024-04-05 OC443595 frs-bus:PartnerLLP1 2023-04-06 2024-04-05 OC443595 frs-bus:PartnerLLP2 2023-04-06 2024-04-05 OC443595 2022-08-21 OC443595 2023-04-05 OC443595 2022-08-22 2023-04-05 OC443595 frs-core:CurrentFinancialInstruments 2023-04-05 OC443595 frs-core:Non-currentFinancialInstruments 2023-04-05
Registered number: OC443595
SSK & PKK LLP
Unaudited Financial Statements
For The Year Ended 5 April 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC443595
5 April 2024 5 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,670,000 1,575,000
1,670,000 1,575,000
CURRENT ASSETS
Cash at bank and in hand 2,124 756
2,124 756
Creditors: Amounts Falling Due Within One Year 5 (28,377 ) (15,510 )
NET CURRENT ASSETS (LIABILITIES) (26,253 ) (14,754 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,643,747 1,560,246
Creditors: Amounts Falling Due After More Than One Year 6 (1,533,614 ) (1,563,535 )
NET ASSETS/(LIABILITIES) ATTRIBUTABLE TO MEMBERS 110,133 (3,289 )
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 23,778 363
23,778 363
Equity
Members' other interests
Members' capital 86,355 (3,652)
86,355 (3,652)
110,133 (3,289)
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 23,778 363
Members' other interests 86,355 (3,652)
110,133 (3,289)
Page 1
Page 2
For the year ending 5 April 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 Sarvjit Singh Kooner
Designated Member
10th September 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
SSK & PKK LLP is a limited liability partnership, incorporated in England & Wales, registered number OC443595 . The Registered Office is 50 Woodgate, Leicester, LE3 5GF.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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
Investment Properties
£
Cost
As at 6 April 2023 1,575,000
Additions 95,000
As at 5 April 2024 1,670,000
Net Book Value
As at 5 April 2024 1,670,000
As at 6 April 2023 1,575,000
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
5 April 2024 5 April 2023
£ £
Bank loans and overdrafts 22,537 -
Other creditors 5,840 15,510
28,377 15,510
6. Creditors: Amounts Falling Due After More Than One Year
5 April 2024 5 April 2023
£ £
Bank loans 68,614 98,535
Other creditors 1,465,000 1,465,000
1,533,614 1,563,535
7. Secured Creditors
Of the creditors the following amounts are secured.
5 April 2024 5 April 2023
£ £
Bank loans and overdrafts 78,341 98,535
Page 4