Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 March 2024 31 March 2024 OC419858 Broe Architecture Limited Mr Miles Broe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC419858 2023-08-31 OC419858 2024-03-31 OC419858 2023-09-01 2024-03-31 OC419858 frs-core:CurrentFinancialInstruments 2024-03-31 OC419858 frs-core:ComputerEquipment 2024-03-31 OC419858 frs-core:ComputerEquipment 2023-09-01 2024-03-31 OC419858 frs-core:ComputerEquipment 2023-08-31 OC419858 frs-core:FurnitureFittings 2024-03-31 OC419858 frs-core:FurnitureFittings 2023-09-01 2024-03-31 OC419858 frs-core:FurnitureFittings 2023-08-31 OC419858 frs-core:MotorVehicles 2024-03-31 OC419858 frs-core:MotorVehicles 2023-09-01 2024-03-31 OC419858 frs-core:MotorVehicles 2023-08-31 OC419858 frs-core:WithinOneYear 2024-03-31 OC419858 frs-bus:LimitedLiabilityPartnershipLLP 2023-09-01 2024-03-31 OC419858 frs-bus:LimitedLiabilityPartnershipsSORP 2023-09-01 2024-03-31 OC419858 frs-bus:FilletedAccounts 2023-09-01 2024-03-31 OC419858 frs-bus:SmallEntities 2023-09-01 2024-03-31 OC419858 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-03-31 OC419858 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-03-31 OC419858 frs-countries:EnglandWales 2023-09-01 2024-03-31 OC419858 frs-bus:PartnerLLP1 2023-09-01 2024-03-31 OC419858 frs-bus:PartnerLLP2 2023-09-01 2024-03-31 OC419858 2022-08-31 OC419858 2023-08-31 OC419858 2022-09-01 2023-08-31 OC419858 frs-core:CurrentFinancialInstruments 2023-08-31 OC419858 frs-core:BetweenOneFiveYears 2023-08-31 OC419858 frs-core:WithinOneYear 2023-08-31
Registered number: OC419858
Broe and Co LLP
Unaudited Financial Statements
For the Period 1 September 2023 to 31 March 2024
Simon John Flory Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC419858
31 March 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2 84,142
2 84,142
CURRENT ASSETS
Stocks 5 - 750
Debtors 6 34,203 1,012
Cash at bank and in hand 10,523 66,072
44,726 67,834
Creditors: Amounts Falling Due Within One Year 7 (44,728 ) (145,468 )
NET CURRENT ASSETS (LIABILITIES) (2 ) (77,634 )
TOTAL ASSETS LESS CURRENT LIABILITIES - 6,508
NET ASSETS ATTRIBUTABLE TO MEMBERS - 6,508
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts - 6,508
- 6,508
- 6,508
TOTAL MEMBERS' INTEREST
Amounts due from members (31,896) -
Loans and other debts due to members within one year - 6,508
(31,896) 6,508
Page 1
Page 2
For the period 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
Mr Miles Broe
Designated Member
30/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Broe and Co LLP is a limited liability partnership, incorporated in England & Wales, registered number OC419858 . The Registered Office is 66 Haven Way, Newhaven, Sussex, BN9 9TD.
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. 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 255 straight line.
Fixtures & Fittings 25% straight line.
Computer Equipment 25% straight line.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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:
31 March 2024 31 August 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 96,881 1,726 1,098 99,705
Disposals (96,881 ) - - (96,881 )
As at 31 March 2024 - 1,726 1,098 2,824
Depreciation
As at 1 September 2023 12,741 1,725 1,097 15,563
Disposals (12,741 ) - - (12,741 )
As at 31 March 2024 - 1,725 1,097 2,822
Net Book Value
As at 31 March 2024 - 1 1 2
As at 1 September 2023 84,140 1 1 84,142
5. Stocks
31 March 2024 31 August 2023
£ £
Work in progress - 750
6. Debtors
31 March 2024 31 August 2023
£ £
Due within one year
Prepayments and accrued income 307 1,012
Other debtors 2,000 -
Amounts due from members 31,896 -
34,203 1,012
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 August 2023
£ £
Net obligations under finance lease and hire purchase contracts - 92,037
Trade creditors 6 5
Other creditors 1,990 1,990
Accruals and deferred income 2,870 1,800
Amounts owed to associated companies 39,862 49,636
44,728 145,468
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
31 March 2024 31 August 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 92,037
Later than one year and not later than five years - -
- 92,037
- 92,037
Page 5