Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 OC414937 Mrs S Allan Mr S Allan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC414937 2022-12-31 OC414937 2023-12-31 OC414937 2023-01-01 2023-12-31 OC414937 frs-core:CurrentFinancialInstruments 2023-12-31 OC414937 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC414937 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC414937 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 OC414937 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC414937 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC414937 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC414937 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC414937 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC414937 frs-bus:PartnerLLP2 2023-01-01 2023-12-31 OC414937 2021-12-31 OC414937 2022-12-31 OC414937 2022-01-01 2022-12-31 OC414937 frs-core:CurrentFinancialInstruments 2022-12-31
Registered number: OC414937
The Allan Partnership LLP
Unaudited Financial Statements
For The Year Ended 31 December 2023
GLX Advisory Limited
Chartered Accountants
69-75 Thorpe Road
Norwich
NR1 1UA
Unaudited Financial Statements
Contents
Page
LLP Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
LLP Information
Designated Members Mrs S Allan
Mr S Allan
LLP Registration Number OC414937
Registered Office Jubilee Cottage
North Creake
Fakenham
NR21 9LF
Accountants GLX Advisory Limited
Chartered Accountants
69-75 Thorpe Road
Norwich
NR1 1UA
Page 1
Page 2
Balance Sheet
Registered number: OC414937
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 201,256 226,659
Cash at bank and in hand 124,446 102,786
325,702 329,445
Creditors: Amounts Falling Due Within One Year 5 (15,154 ) (6,487 )
NET CURRENT ASSETS (LIABILITIES) 310,548 322,958
TOTAL ASSETS LESS CURRENT LIABILITIES 310,548 322,958
NET ASSETS ATTRIBUTABLE TO MEMBERS 310,548 322,958
REPRESENTED BY:
Equity
Members' other interests
Other reserves 310,548 322,958
310,548 322,958
TOTAL MEMBERS' INTEREST
Amounts due from members (172,053) (203,511)
Members' other interests 310,548 322,958
138,495 119,447
Page 2
Page 3
For the year ending 31 December 2023 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 S Allan
Designated Member
15/09/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
The Allan Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC414937 . The Registered Office is Jubilee Cottage, North Creake, Fakenham, NR21 9LF.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2022: 2)
2 2
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 29,203 23,148
Other debtors 172,053 203,511
201,256 226,659
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 254 252
Taxation and social security 14,900 6,235
15,154 6,487
6. 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.
Page 5