Acorah Software Products - Accounts Production 15.0.600 false true 5 April 2023 6 April 2022 true 6 April 2023 5 April 2024 5 April 2024 OC399090 P A Hollins K J Popat D M Sherlock S B Wilson P A Barker O E G Bates iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC399090 2023-04-05 OC399090 2024-04-05 OC399090 2023-04-06 2024-04-05 OC399090 frs-core:CurrentFinancialInstruments 2024-04-05 OC399090 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 OC399090 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-06 2024-04-05 OC399090 frs-bus:FullAccounts 2023-04-06 2024-04-05 OC399090 frs-bus:SmallEntities 2023-04-06 2024-04-05 OC399090 frs-bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 OC399090 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 OC399090 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-04-06 2024-04-05 OC399090 frs-countries:EnglandWales 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP1 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP2 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP3 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP4 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP5 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP6 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP7 2023-04-06 2024-04-05 OC399090 frs-bus:PartnerLLP7 2024-04-05 OC399090 2022-04-05 OC399090 2023-04-05 OC399090 2022-04-06 2023-04-05 OC399090 frs-core:CurrentFinancialInstruments 2023-04-05 OC399090 frs-core:OtherReservesSubtotal 2022-04-05
Registered number: OC399090
CETIS LLP
Members' Report and
Financial Statements
For The Year Ended 5 April 2024
Contents
Page
LLP Information 1
Members' Report 2—3
Accountant's Report 4
Profit and Loss Account 5
Balance Sheet 6—7
Reconciliation of Members' Interests 8—9
Notes to the Financial Statements 9
Page 1
LLP Information
Designated Members P A Hollins
K J Popat
D M Sherlock
S B Wilson
P A Barker
O E G Bates
LLP Registration Number OC399090
Registered Office Halton Mill, Mill Lane
Halton
Lancaster
LA2 6ND
Accountants Third Sector Accountancy Limited
Chartered Accountants and Registered Auditors
Holyoake House
Hanover Street
Manchester
M60 0AS
Page 1
Page 2
Members' Report
The members present their report and the financial statements for the year ended 5 April 2024.
Principal Activity
The LLP's principal activity continues to be that of consultancy.
Members
The designated members who held office during the year were as follows:
A S Grant Resigned 04/04/2024
P A Hollins
K J Popat
D M Sherlock
S B Wilson
P A Barker
O E G Bates
 
Statement of Members' Responsibilities
The members are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law as applied to Limited Liability Partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss for that period. In preparing the financial statements the members are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.
The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 
Page 2
Page 3
The members are responsible for the maintenance and integrity of the corporate and financial information included on the LLP's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Signed on behalf of the members by
O E G Bates
Designated Member
01/10/2024
Page 3
Page 4
Accountant's Report
Chartered Accountant's report to the partners on the preparation of the unaudited statutory accounts of CETIS LLP For The Year Ended 5 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, I have prepared for your approval the accounts of CETIS LLP For The Year Ended 5 April 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the partners of CETIS LLP, as a body, in accordance with the terms of our engagement letter dated 20 July 2017. Our work has been undertaken solely to prepare for your approval the accounts of CETIS LLP and state those matters that we have agreed to state to the partners of CETIS LLP, as a body, in this report in accordance with AAF 2/10 as detailed at ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CETIS LLP and its partners, as a body, for our work or for this report.
It is your duty to ensure that CETIS LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of CETIS LLP. You consider that CETIS LLP is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of CETIS LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
01/10/2024
Third Sector Accountancy Limited
Chartered Accountants and Registered Auditors
Holyoake House
Hanover Street
Manchester
M60 0AS
Page 4
Page 5
Profit and Loss Account
2024 2023
Notes £ £
TURNOVER 98,100 114,827
GROSS PROFIT 98,100 114,827
Administrative expenses (2,973 ) (2,857 )
OPERATING PROFIT 95,127 111,970
Other interest receivable and similar income 545 326
Interest payable and similar charges (36 ) (36 )
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES 95,636 112,260
Members' remuneration charged as an expense (95,636) (112,260)
PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS - -
The notes on page 9 form part of these financial statements.
Page 5
Page 6
Balance Sheet
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 11,319 13,040
Cash at bank and in hand 112,647 97,796
123,966 110,836
Creditors: Amounts Falling Due Within One Year 5 (11,937 ) (6,375 )
NET CURRENT ASSETS (LIABILITIES) 112,029 104,461
TOTAL ASSETS LESS CURRENT LIABILITIES 112,029 104,461
NET ASSETS ATTRIBUTABLE TO MEMBERS 112,029 104,461
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 1,200 1,400
Other amounts 110,829 103,061
112,029 104,461
112,029 104,461
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 112,029 104,461
112,029 104,461
Page 6
Page 7
For the year ending 5 April 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
On behalf of the members
O E G Bates
Designated Member
01/10/2024
The notes on page 9 form part of these financial statements.
Page 7
Page 8
Reconciliation of Members' Interests
EQUITY DEBT
Members' other interests Loans and other debts due to members less any amounts due from members in debtors
Other Reserves Members'Capital classified as Debt Other amounts Total Debts Total members' interest
£ £ £ £ £
Amounts due to members - 2,000 47,012 49,012 -
Balance at 6 April 2022 - 2,000 47,012 49,012 49,012
Members' remuneration charged as an expense, including employment and retirement benefit costs - - 112,260 112,260 112,260
Profit/(loss) for the financial year available for discretionary division among members - - - - -
Members' interests after profit/(loss) for the year - 2,000 159,272 161,272 161,272
Drawings - - (56,211) (56,211) (56,211)
Repayment of Capital - (600) - (600) (600)
Amounts due to members - 1,400 103,061 104,461 -
As at 5 April 2023 and 6 April 2023 - 1,400 103,061 104,461 104,461
Members' remuneration charged as an expense, including employment and retirement benefit costs - - 95,636 95,636 95,636
Profit/(loss) for the financial year available for discretionary division among members - - - - -
Members' interests after profit/(loss) for the year - 1,400 198,697 200,097 200,097
Drawings - - (87,868) (87,868) (87,868)
Repayment of Capital - (200) - (200) (200)
Amounts due to members - 1,200 110,829 112,029 -
As at 5 April 2024 - 1,200 110,829 112,029 112,029
Page 8
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Notes to the Financial Statements
1. General Information
CETIS LLP is a limited liability partnership, incorporated in England & Wales, registered number OC399090 . The Registered Office is Halton Mill, Mill Lane, Halton, Lancaster, LA2 6ND.
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 derived from the provision of consultancy services.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,319 5,586
Prepayments and accrued income - 7,438
VAT - 16
11,319 13,040
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 714 -
Accruals and deferred income 11,223 6,375
11,937 6,375
Page 9