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 OC374658 Rockwise Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC374658 2022-12-31 OC374658 2023-12-31 OC374658 2023-01-01 2023-12-31 OC374658 frs-core:CurrentFinancialInstruments 2023-12-31 OC374658 frs-core:Non-currentFinancialInstruments 2023-12-31 OC374658 frs-core:ComputerEquipment 2023-12-31 OC374658 frs-core:ComputerEquipment 2023-01-01 2023-12-31 OC374658 frs-core:ComputerEquipment 2022-12-31 OC374658 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 OC374658 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 OC374658 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 OC374658 frs-core:MotorVehicles 2023-12-31 OC374658 frs-core:MotorVehicles 2023-01-01 2023-12-31 OC374658 frs-core:MotorVehicles 2022-12-31 OC374658 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC374658 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC374658 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 OC374658 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC374658 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC374658 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC374658 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC374658 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC374658 2021-12-31 OC374658 2022-12-31 OC374658 2022-01-01 2022-12-31 OC374658 frs-core:CurrentFinancialInstruments 2022-12-31 OC374658 frs-core:Non-currentFinancialInstruments 2022-12-31
Registered number: OC374658
Mail Expertise LLP
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: OC374658
2023 2022
Notes
FIXED ASSETS
Tangible Assets 4 500 1,040
500 1,040
CURRENT ASSETS
Debtors 5 1,118,259 711,515
Cash at bank and in hand 135,751 350,455
1,254,010 1,061,970
Creditors: Amounts Falling Due Within One Year 6 (786,904 ) (549,118 )
NET CURRENT ASSETS (LIABILITIES) 467,106 512,852
TOTAL ASSETS LESS CURRENT LIABILITIES 467,606 513,892
Creditors: Amounts Falling Due After More Than One Year 7 (44,516 ) (78,227 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 423,090 435,665
REPRESENTED BY:
Equity
Members' other interests
Members' capital 423,090 453,511
Other reserves - (17,846)
423,090 435,665
TOTAL MEMBERS' INTEREST
Members' other interests 423,090 435,665
423,090 435,665
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 member acknowledges his 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 Income Statement.
On behalf of the members
Rockwise Ltd
Designated Member
24 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
Mail Expertise LLP is a limited liability partnership, incorporated in England & Wales, registered number OC374658 . The Registered Office is Unit 3, Eurogate Business Park, Ashford, Kent, TN24 8XW.
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:
Leasehold 20% straight line
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 14 (2022: 14)
14 14
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Computer Equipment Total
Cost
As at 1 January 2023 40,831 6,946 33,040 80,817
As at 31 December 2023 40,831 6,946 33,040 80,817
Depreciation
As at 1 January 2023 40,831 6,946 32,000 79,777
Provided during the period - - 540 540
As at 31 December 2023 40,831 6,946 32,540 80,317
Net Book Value
As at 31 December 2023 - - 500 500
As at 1 January 2023 - - 1,040 1,040
Page 3
Page 4
5. Debtors
2023 2022
Due within one year
Trade debtors 1,089,209 680,048
Amounts owed by participating interests 19,217 21,634
Other debtors 9,833 9,833
1,118,259 711,515
6. Creditors: Amounts Falling Due Within One Year
2023 2022
Trade creditors 270,049 37,742
Bank loans and overdrafts 20,000 20,000
Other loans 33,065 32,418
Amounts owed to participating interests 131,884 121,424
Other creditors 312,930 312,930
Taxation and social security 18,976 24,604
786,904 549,118
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
Other loans 44,516 78,227
Page 4