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 OC400848 Dr Vijian Soosay Dr Audrey Ng iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC400848 2023-03-31 OC400848 2024-03-31 OC400848 2023-04-01 2024-03-31 OC400848 frs-core:MotorVehicles 2024-03-31 OC400848 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC400848 frs-core:MotorVehicles 2023-03-31 OC400848 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC400848 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC400848 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC400848 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC400848 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC400848 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC400848 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC400848 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC400848 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC400848 2022-03-31 OC400848 2023-03-31 OC400848 2022-04-01 2023-03-31
Registered number: OC400848
Dementia Specialists LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
N L Tuchband & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC400848
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,370 64,212
51,370 64,212
CURRENT ASSETS
Cash at bank and in hand 20,705 51,968
20,705 51,968
Creditors: Amounts Falling Due Within One Year 5 (2,500 ) (2,400 )
NET CURRENT ASSETS (LIABILITIES) 18,205 49,568
TOTAL ASSETS LESS CURRENT LIABILITIES 69,575 113,780
NET ASSETS ATTRIBUTABLE TO MEMBERS 69,575 113,780
REPRESENTED BY:
Loans and other debts due to members
Other amounts 233,027 141,522
233,027 141,522
Equity
Members' other interests
Members' capital (163,452) (27,742)
(163,452) (27,742)
69,575 113,780
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 233,027 141,522
Members' other interests (163,452) (27,742)
69,575 113,780
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
Dr Vijian Soosay
Designated Member
12/09/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dementia Specialists LLP is a limited liability partnership, incorporated in England & Wales, registered number OC400848 . The Registered Office is 925 Finchley Road, London, NW11 7PE.
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. 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 20% pa on reducing balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2023 75,543
As at 31 March 2024 75,543
Depreciation
As at 1 April 2023 11,331
Provided during the period 12,842
As at 31 March 2024 24,173
Net Book Value
As at 31 March 2024 51,370
As at 1 April 2023 64,212
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,500 2,400
Page 3