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 OC389860 Ricco Fabio Limited Caston Business Services Marlborough Knightson Morton House Ltd Mr Stuart Barnes (As Trustee of the RF Trust) iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC389860 2022-12-31 OC389860 2023-12-31 OC389860 2023-01-01 2023-12-31 OC389860 frs-core:CurrentFinancialInstruments 2023-12-31 OC389860 frs-core:NetGoodwill 2023-12-31 OC389860 frs-core:NetGoodwill 2023-01-01 2023-12-31 OC389860 frs-core:NetGoodwill 2022-12-31 OC389860 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 OC389860 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 OC389860 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 OC389860 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC389860 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC389860 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 OC389860 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC389860 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC389860 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC389860 frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC389860 frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC389860 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC389860 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC389860 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC389860 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC389860 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC389860 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC389860 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC389860 frs-bus:PartnerLLP2 2023-01-01 2023-12-31 OC389860 frs-bus:PartnerLLP3 2023-01-01 2023-12-31 OC389860 frs-bus:PartnerLLP4 2023-01-01 2023-12-31 OC389860 frs-bus:PartnerLLP5 2023-01-01 2023-12-31 OC389860 2021-12-31 OC389860 2022-12-31 OC389860 2022-01-01 2022-12-31 OC389860 frs-core:CurrentFinancialInstruments 2022-12-31
Registered number: OC389860
The Fresh Ground Coffee Service LLP
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC389860
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 40,837 41,670
Tangible Assets 5 328,680 328,680
Investments 6 3,710,878 2,510,222
4,080,395 2,880,572
Creditors: Amounts Falling Due Within One Year 7 (500 ) (500 )
NET CURRENT ASSETS (LIABILITIES) (500 ) (500 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,079,895 2,880,072
NET ASSETS ATTRIBUTABLE TO MEMBERS 4,079,895 2,880,072
REPRESENTED BY:
Equity
Members' other interests
Other reserves 4,079,895 2,880,072
4,079,895 2,880,072
TOTAL MEMBERS' INTEREST
Members' other interests 4,079,895 2,880,072
4,079,895 2,880,072
Page 1
Page 2
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 Stuart Barnes (As Trustee of the RF Trust)
Designated Member
23/09/2024
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
The Fresh Ground Coffee Service LLP is a limited liability partnership, incorporated in England & Wales, registered number OC389860 . The Registered Office is Synergy House, Fakenham Road, Morton-on-the-Hill, Norfolk, NR9 5SP.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 60 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 Nil
3. Average Number of Employees
Average number of employees, including members, during the year was  NIL (2022: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 50,000
As at 31 December 2023 50,000
Amortisation
As at 1 January 2023 8,330
Provided during the period 833
As at 31 December 2023 9,163
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 40,837
As at 1 January 2023 41,670
5. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2023 328,680
As at 31 December 2023 328,680
Net Book Value
As at 31 December 2023 328,680
As at 1 January 2023 328,680
6. Investments
Unlisted
£
Cost
As at 1 January 2023 2,510,222
Revaluations 1,200,656
As at 31 December 2023 3,710,878
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 3,710,878
As at 1 January 2023 2,510,222
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 500 500
Page 4