Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC425319 Mr S Vickery Mr O Korn Mr M Daly Mr R Vickery Mr M Goodenough (non-designated) Ms J Snebergr (non-designated) iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC425319 2023-03-31 OC425319 2024-03-31 OC425319 2023-04-01 2024-03-31 OC425319 frs-core:CurrentFinancialInstruments 2024-03-31 OC425319 frs-core:Non-currentFinancialInstruments 2024-03-31 OC425319 frs-core:BetweenOneFiveYears 2024-03-31 OC425319 frs-core:FurnitureFittings 2024-03-31 OC425319 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC425319 frs-core:FurnitureFittings 2023-03-31 OC425319 frs-core:MotorVehicles 2024-03-31 OC425319 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC425319 frs-core:MotorVehicles 2023-03-31 OC425319 frs-core:WithinOneYear 2024-03-31 OC425319 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC425319 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC425319 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC425319 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC425319 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC425319 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC425319 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC425319 frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC425319 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC425319 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC425319 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC425319 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC425319 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC425319 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC425319 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC425319 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC425319 frs-bus:PartnerLLP4 2023-04-01 2024-03-31 OC425319 frs-bus:PartnerLLP5 2023-04-01 2024-03-31 OC425319 frs-bus:PartnerLLP6 2023-04-01 2024-03-31 OC425319 2022-03-31 OC425319 2023-03-31 OC425319 2022-04-01 2023-03-31 OC425319 frs-core:CurrentFinancialInstruments 2023-03-31 OC425319 frs-core:Non-currentFinancialInstruments 2023-03-31 OC425319 frs-core:BetweenOneFiveYears 2023-03-31 OC425319 frs-core:WithinOneYear 2023-03-31
Registered number: OC425319
Goodman Mann Broomhall LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Kalculus
Chartered Accountants, Registered Auditors & Business Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC425319
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,728 32,689
Investments 5 26,707 26,707
52,435 59,396
CURRENT ASSETS
Stocks 6 350,000 403,000
Debtors 7 677,632 666,203
Cash at bank and in hand 472,768 675,981
1,500,400 1,745,184
Creditors: Amounts Falling Due Within One Year 8 (276,200 ) (487,963 )
NET CURRENT ASSETS (LIABILITIES) 1,224,200 1,257,221
TOTAL ASSETS LESS CURRENT LIABILITIES 1,276,635 1,316,617
Creditors: Amounts Falling Due After More Than One Year 9 (17,060 ) (22,635 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,259,575 1,293,982
REPRESENTED BY:
Amounts due in respect of profits
Other amounts 1,259,575 1,293,982
1,259,575 1,293,982
1,259,575 1,293,982
TOTAL MEMBERS' INTEREST
Amounts due in respect of profits 1,259,575 1,293,982
1,259,575 1,293,982
Page 1
Page 2
For the year 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 S Vickery
Designated Member
12 September 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
Goodman Mann Broomhall LLP is a limited liability partnership, incorporated in England & Wales, registered number OC425319 . The Registered Office is 118 Piccadilly, London, W1J 7NW.
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 represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time. If, at the balance sheet date, completion of contractual obligations is dependent on external factors (and thus outside the control of the Limited Liability Partnership), then revenue is recognised only when the event occurs. In such cases, costs incurred up to the balance sheet date are carried forward as work in progress.
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 25% Reducing Balance
Fixtures & Fittings 33.33% 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 year was: 14 (2023: 14)
14 14
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 117,994 60,800 178,794
Additions - 7,171 7,171
Disposals (29,995 ) (3,819 ) (33,814 )
As at 31 March 2024 87,999 64,152 152,151
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 87,493 58,612 146,105
Provided during the period 6,625 3,508 10,133
Disposals (25,996 ) (3,819 ) (29,815 )
As at 31 March 2024 68,122 58,301 126,423
Net Book Value
As at 31 March 2024 19,877 5,851 25,728
As at 1 April 2023 30,501 2,188 32,689
5. Investments
Unlisted
£
Cost
As at 1 April 2023 26,707
As at 31 March 2024 26,707
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 26,707
As at 1 April 2023 26,707
6. Stocks
2024 2023
£ £
Work in progress 350,000 403,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 625,262 624,346
Prepayments and accrued income 51,077 38,107
Other debtors 1,293 3,750
677,632 666,203
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,629 8,656
Trade creditors 74,499 315,286
Other taxes and social security 17,232 15,024
VAT 157,717 134,208
Other creditors 3,506 335
Accruals and deferred income 15,617 14,454
276,200 487,963
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 17,060 22,635
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,629 8,656
Later than one year and not later than five years 17,060 22,635
24,689 31,291
24,689 31,291
Page 5