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 OC378436 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC378436 2023-03-31 OC378436 2024-03-31 OC378436 2023-04-01 2024-03-31 OC378436 frs-core:CurrentFinancialInstruments 2024-03-31 OC378436 frs-core:ComputerEquipment 2024-03-31 OC378436 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC378436 frs-core:ComputerEquipment 2023-03-31 OC378436 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 OC378436 frs-core:FurnitureFittings 2024-03-31 OC378436 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC378436 frs-core:FurnitureFittings 2023-03-31 OC378436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 OC378436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 OC378436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 OC378436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC378436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC378436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 OC378436 frs-core:MotorVehicles 2024-03-31 OC378436 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC378436 frs-core:MotorVehicles 2023-03-31 OC378436 frs-core:OtherResidualIntangibleAssets 2024-03-31 OC378436 frs-core:OtherResidualIntangibleAssets 2023-03-31 OC378436 frs-core:PlantMachinery 2024-03-31 OC378436 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC378436 frs-core:PlantMachinery 2023-03-31 OC378436 frs-core:WithinOneYear 2024-03-31 OC378436 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC378436 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC378436 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC378436 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC378436 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC378436 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC378436 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC378436 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC378436 2022-03-31 OC378436 2023-03-31 OC378436 2022-04-01 2023-03-31 OC378436 frs-core:CurrentFinancialInstruments 2023-03-31 OC378436 frs-core:BetweenOneFiveYears 2023-03-31 OC378436 frs-core:WithinOneYear 2023-03-31 OC378436 frs-core:OtherReservesSubtotal 2022-03-31
Registered number: OC378436
Ardington Archives LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Reconciliation of Members' Interests 3—4
Notes to the Financial Statements 4—7
Page 1
Balance Sheet
Registered number: OC378436
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 262,908 278,231
262,908 278,231
CURRENT ASSETS
Stocks 6 940 1,200
Debtors 7 28,704 44,061
Cash at bank and in hand 105,109 26,587
134,753 71,848
Creditors: Amounts Falling Due Within One Year 8 (47,986 ) (24,602 )
NET CURRENT ASSETS (LIABILITIES) 86,767 47,246
TOTAL ASSETS LESS CURRENT LIABILITIES 349,675 325,477
NET ASSETS ATTRIBUTABLE TO MEMBERS 349,675 325,477
REPRESENTED BY:
Equity
Members' other interests
Members' capital 349,675 325,477
349,675 325,477
TOTAL MEMBERS' INTEREST
Members' other interests 349,675 325,477
349,675 325,477
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
Mrs V Haigh
Partner
14 June 2024
The notes on pages 4 to 7 form part of these financial statements.
Page 2
Page 3
Reconciliation of Members' Interests
EQUITY
Members' other interests
Members'Capital classified as Equity Other Reserves Total Equity Total members' interest
£ £ £ £
Balance at 1 April 2022 366,698 - 366,698 366,698
Profit/(loss) for the financial year available for discretionary division among members - 67,905 67,905 67,905
Members' interests after profit/(loss) for the year 366,698 67,905 434,603 434,603
Introduced by members 600 - 600 600
Repayment of Capital (109,726) - (109,726) (109,726)
Other Movements 67,905 (67,905) - -
As at 31 March 2023 and 1 April 2023 325,477 - 325,477 325,477
Profit/(loss) for the financial year available for discretionary division among members - 110,498 110,498 110,498
Members' interests after profit/(loss) for the year 325,477 110,498 435,975 435,975
Introduced by members 600 - 600 600
Repayment of Capital (86,900) - (86,900) (86,900)
Other Movements 110,498 (110,498) - -
As at 31 March 2024 349,675 - 349,675 349,675
Other movements represent the division of profits.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Ardington Archives LLP is a limited liability partnership, incorporated in England & Wales, registered number OC378436 . The Registered Office is White Horse Business Park, Stanford in the Vale, Faringdon, Oxfordshire, SN7 8NY.
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 disclosure requirements of section 1A FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling which is the functional currency of the LLP. Monetary amounts in these financial statements are rounded to the nearest £.
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 rendering of services. 
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software costs. It is amortised to profit and loss account over its estimated economic life of four years.
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:
Freehold 2% straight line (excluding land)
Leasehold over the remaining life of the lease
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% reducing balance
Computer Equipment 25% reducing balance
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 
2.6. Pensions
The LLP operates a defined contribution pension scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.
Page 4
Page 5
2.7. Members' participating interests
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.
All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.
Where there exists an asset and liability component in respect of an individual member's participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends wither to settle on a net basis or to settle and relase these amounts simultaneously, in which case they are presented net.
Profits are divided only after a decision by the LLP or its representative, so the LLP has an unconditional right to refuse payment. Such profits are classed as equity rather than as liabilities. They are therefore shown as a residual amount available for discretionary division among members in arriving at the result for the year and are shown as appropriations of equity when they are allocated.
Whilst the members’ agreement does not differentiate between profits and losses for profit sharing purposes, it does stipulate that the LLP cannot demand additional contributions from members, and as a result the LLP does not have an unconditional right to demand payment from members for losses. Therefore, to the extent that losses exceed the balance on capital and current accounts, they are not recognised as a recoverable asset and so remain within equity until such time as profits are generated to set them against or detail other conditions as appropriate.
Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.
2.8. Judgements and key sources of estimation uncertainty
In the application of the limited liability partnership’s accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.9. Loans and other debts due to members
In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 5 (2023: 6)
5 6
Page 5
Page 6
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 6,595
As at 31 March 2024 6,595
Amortisation
As at 1 April 2023 6,595
As at 31 March 2024 6,595
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2023 243,962 132,551 13,408 21,460
Additions - - - -
As at 31 March 2024 243,962 132,551 13,408 21,460
Depreciation
As at 1 April 2023 41,120 129,572 12,164 20,252
Provided during the period 4,107 2,979 311 302
As at 31 March 2024 45,227 132,551 12,475 20,554
Net Book Value
As at 31 March 2024 198,735 - 933 906
As at 1 April 2023 202,842 2,979 1,244 1,208
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 186,791 40,221 638,393
Additions - 66 66
As at 31 March 2024 186,791 40,287 638,459
Depreciation
As at 1 April 2023 121,455 35,599 360,162
Provided during the period 6,534 1,156 15,389
As at 31 March 2024 127,989 36,755 375,551
...CONTINUED
Page 6
Page 7
Net Book Value
As at 31 March 2024 58,802 3,532 262,908
As at 1 April 2023 65,336 4,622 278,231
6. Stocks
2024 2023
£ £
Stock 940 1,200
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,593 20,484
Prepayments and accrued income 22,111 23,577
28,704 44,061
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,296 10,596
Other taxes and social security 1,953 3,047
VAT 13,874 3,879
Other creditors 310 -
Accruals and deferred income 18,553 7,080
47,986 24,602
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 22,383 74,950
Later than one year and not later than five years - 22,383
22,383 97,333
Page 7