Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 21 October 2021 false 1 November 2022 31 December 2023 31 December 2023 OC439638 Mrs Laetitia Legrosdidier Mr Jean Pierre Legrosdidier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC439638 2022-10-31 OC439638 2023-12-31 OC439638 2022-11-01 2023-12-31 OC439638 frs-core:CurrentFinancialInstruments 2023-12-31 OC439638 frs-bus:LimitedLiabilityPartnershipLLP 2022-11-01 2023-12-31 OC439638 frs-bus:LimitedLiabilityPartnershipsSORP 2022-11-01 2023-12-31 OC439638 frs-bus:FilletedAccounts 2022-11-01 2023-12-31 OC439638 frs-bus:SmallEntities 2022-11-01 2023-12-31 OC439638 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-12-31 OC439638 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-12-31 OC439638 frs-countries:EnglandWales 2022-11-01 2023-12-31 OC439638 frs-bus:PartnerLLP1 2022-11-01 2023-12-31 OC439638 frs-bus:PartnerLLP2 2022-11-01 2023-12-31 OC439638 2021-10-20 OC439638 2022-10-31 OC439638 2021-10-21 2022-10-31 OC439638 frs-core:CurrentFinancialInstruments 2022-10-31
Registered number: OC439638
Were Company LLP
Unaudited Financial Statements
For the Period 1 November 2022 to 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC439638
31 December 2023 31 October 2022
Notes
CURRENT ASSETS
Stocks 4 51,860 -
Debtors 5 7,330 33,686
Cash at bank and in hand 19,723 4,259
78,913 37,945
Creditors: Amounts Falling Due Within One Year 6 (578 ) (757 )
NET CURRENT ASSETS (LIABILITIES) 78,335 37,188
TOTAL ASSETS LESS CURRENT LIABILITIES 78,335 37,188
NET ASSETS ATTRIBUTABLE TO MEMBERS 78,335 37,188
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 56,576 37,186
Other amounts 21,757 -
78,333 37,186
Equity
Members' other interests
Members' capital 2 2
2 2
78,335 37,188
TOTAL MEMBERS' INTEREST
Amounts due from members (1,323) (1,323)
Loans and other debts due to members within one year 78,333 37,186
Members' other interests 2 2
77,012 35,865
Page 1
Page 2
For the period 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 Jean Pierre Legrosdidier
Designated Member
23rd 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
Were Company LLP is a limited liability partnership, incorporated in England & Wales, registered number OC439638 . The Registered Office is 4 Princes Street , Mayfair, London, W1B 2LE.
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. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: NIL (2022: NIL)
- -
4. Stocks
31 December 2023 31 October 2022
Materials 51,860 -
5. Debtors
31 December 2023 31 October 2022
Due within one year
Trade debtors 5,358 -
Prepayments and accrued income 649 -
Other debtors - 32,363
Amounts due from members 1,323 1,323
7,330 33,686
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 October 2022
Accruals and deferred income 578 757
Page 4