Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 OC426202 Xsan Ltd Mr ANTONIO SCALA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC426202 2022-12-31 OC426202 2023-12-31 OC426202 2023-01-01 2023-12-31 OC426202 frs-core:CurrentFinancialInstruments 2023-12-31 OC426202 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2023-12-31 OC426202 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2023-12-31 OC426202 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 OC426202 frs-bus:SmallEntities 2023-01-01 2023-12-31 OC426202 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 OC426202 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 OC426202 frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC426202 frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC426202 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC426202 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC426202 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC426202 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 OC426202 frs-core:CurrentFinancialInstruments 1 2023-12-31 OC426202 frs-core:CurrentFinancialInstruments 2 2023-12-31 OC426202 frs-core:CurrentFinancialInstruments 3 2023-12-31 OC426202 frs-countries:EnglandWales 2023-01-01 2023-12-31 OC426202 frs-bus:PartnerLLP1 2023-01-01 2023-12-31 OC426202 frs-bus:PartnerLLP2 2023-01-01 2023-12-31 OC426202 2021-12-31 OC426202 2022-12-31 OC426202 2022-01-01 2022-12-31 OC426202 frs-core:CurrentFinancialInstruments 2022-12-31 OC426202 frs-core:CurrentFinancialInstruments 1 2022-12-31 OC426202 frs-core:CurrentFinancialInstruments 2 2022-12-31 OC426202 frs-core:CurrentFinancialInstruments 3 2022-12-31
Registered number: OC426202
XSAN & PARTNERS LLP
Unaudited Financial Statements
For The Year Ended 31 December 2023
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC426202
2023 2022
Notes
FIXED ASSETS
Investments 4 47,519 47,519
47,519 47,519
CURRENT ASSETS
Debtors 5 354,547 82,033
Cash at bank and in hand 39,413 177,709
393,960 259,742
Creditors: Amounts Falling Due Within One Year 6 (203,172 ) (157,671 )
NET CURRENT ASSETS (LIABILITIES) 190,788 102,071
TOTAL ASSETS LESS CURRENT LIABILITIES 238,307 149,590
NET ASSETS ATTRIBUTABLE TO MEMBERS 238,307 149,590
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 238,307 149,590
238,307 149,590
238,307 149,590
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 238,307 149,590
238,307 149,590
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 ANTONIO SCALA
Designated Member
26/09/2024
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
XSAN & PARTNERS LLP is a limited liability partnership, incorporated in England & Wales, registered number OC426202 . The Registered Office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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: NIL (2022: NIL)
- -
4. Investments
Unlisted
Cost
As at 1 January 2023 47,519
As at 31 December 2023 47,519
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 47,519
As at 1 January 2023 47,519
Page 3
Page 4
5. Debtors
2023 2022
Due within one year
Trade debtors 346,394 81,161
Prepayments and accrued income 1,724 872
Other debtors (3) 6,429 -
354,547 82,033
6. Creditors: Amounts Falling Due Within One Year
2023 2022
Trade creditors 52,045 29,132
Loan (Mr. Scala) 149,862 126,402
Other Creditors 1,265 1,265
Accruals and deferred income - 872
203,172 157,671
Page 4