Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 March 2024 31 March 2024 OC349479 Suzanne Hobbs Barry Shrubb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC349479 2022-10-31 OC349479 2024-03-31 OC349479 2022-11-01 2024-03-31 OC349479 frs-core:CurrentFinancialInstruments 2024-03-31 OC349479 frs-core:ComputerEquipment 2024-03-31 OC349479 frs-core:ComputerEquipment 2022-11-01 2024-03-31 OC349479 frs-core:ComputerEquipment 2022-10-31 OC349479 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC349479 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2024-03-31 OC349479 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 OC349479 frs-bus:LimitedLiabilityPartnershipLLP 2022-11-01 2024-03-31 OC349479 frs-bus:LimitedLiabilityPartnershipsSORP 2022-11-01 2024-03-31 OC349479 frs-bus:FilletedAccounts 2022-11-01 2024-03-31 OC349479 frs-bus:SmallEntities 2022-11-01 2024-03-31 OC349479 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2024-03-31 OC349479 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2024-03-31 OC349479 frs-countries:EnglandWales 2022-11-01 2024-03-31 OC349479 frs-bus:PartnerLLP1 2022-11-01 2024-03-31 OC349479 frs-bus:PartnerLLP2 2022-11-01 2024-03-31 OC349479 2021-10-31 OC349479 2022-10-31 OC349479 2021-11-01 2022-10-31 OC349479 frs-core:CurrentFinancialInstruments 2022-10-31
Registered number: OC349479
Spitroast Enterprises LLP
Unaudited Financial Statements
For the Period 1 November 2022 to 31 March 2024
TaxAssist Accountants
Chartered Accountants
714 London Road
Larkfield
KENT
ME20 6BL
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: OC349479
31 March 2024 31 October 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 653,357 726,313
653,357 726,313
CURRENT ASSETS
Debtors 5 8,359 900
Cash at bank and in hand 3,777 3,063
12,136 3,963
Creditors: Amounts Falling Due Within One Year 6 (7,694 ) (1,778 )
NET CURRENT ASSETS (LIABILITIES) 4,442 2,185
TOTAL ASSETS LESS CURRENT LIABILITIES 657,799 728,498
NET ASSETS ATTRIBUTABLE TO MEMBERS 657,799 728,498
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 383,891 381,634
383,891 381,634
Equity
Members' other interests
Revaluation reserve 298,874 371,830
Other reserves (24,966) (24,966)
273,908 346,864
657,799 728,498
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 383,891 381,634
Members' other interests 273,908 346,864
657,799 728,498
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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 Income Statement.
On behalf of the members
Barry Shrubb
Designated Member
23/09/2024
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
Spitroast Enterprises LLP is a limited liability partnership, incorporated in England & Wales, registered number OC349479 . The Registered Office is Flat 1, Kings Court, Maidstone Road, Horsmonden, KENT, TN12 8JJ.
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:
Freehold 0 on cost
Computer Equipment 33.33% on cost
3. Average Number of Employees
Average number of employees, including members, during the year was  NIL (2022: NIL)
- -
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4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 November 2022 726,313 524 726,837
Revaluation (72,956) - (72,956 )
As at 31 March 2024 653,357 524 653,881
Depreciation
As at 1 November 2022 - 524 524
As at 31 March 2024 - 524 524
Net Book Value
As at 31 March 2024 653,357 - 653,357
As at 1 November 2022 726,313 - 726,313
Land and buildings with a carrying amount of £662,325 were revalued in line with the Commercial Property index movement to 31st March 2024.
If revalued assets were stated on an historic cost basis rather than a fair value basis, the total amounts included would have been as follows:
Cost or valuation as at 31 March 2024 represented by:
Land & Property
Freehold Computer Equipment Total
£ £ £
At cost - 524 524
At valuation 653,357 - 653,357
653,357 524 653,881
Page 4
Page 5
5. Debtors
31 March 2024 31 October 2022
£ £
Due within one year
Trade debtors 7,620 900
Other debtors 739 -
8,359 900
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 October 2022
£ £
VAT 1,952 427
Accruals and deferred income 5,742 1,351
7,694 1,778
7. Loans and other debts due to members
In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

There is a legal charge over the property to B Shrubb by the way of legal mortgage and with full title guarantee. The charge is a continuing security for all money covenanted to be paid by Spitroast Enterprises LLP to B Shrubb under the loan agreement.
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