Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC426980 Mr Matthew Dobbs Ms Sharon Millar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC426980 2023-03-31 OC426980 2024-03-31 OC426980 2023-04-01 2024-03-31 OC426980 frs-core:CurrentFinancialInstruments 2024-03-31 OC426980 frs-core:Non-currentFinancialInstruments 2024-03-31 OC426980 frs-core:ComputerEquipment 2024-03-31 OC426980 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC426980 frs-core:ComputerEquipment 2023-03-31 OC426980 frs-core:FurnitureFittings 2024-03-31 OC426980 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC426980 frs-core:FurnitureFittings 2023-03-31 OC426980 frs-core:PlantMachinery 2024-03-31 OC426980 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC426980 frs-core:PlantMachinery 2023-03-31 OC426980 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC426980 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC426980 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC426980 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC426980 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC426980 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC426980 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC426980 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC426980 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC426980 2022-03-31 OC426980 2023-03-31 OC426980 2022-04-01 2023-03-31 OC426980 frs-core:CurrentFinancialInstruments 2023-03-31 OC426980 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC426980
Finn Technologies LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Chrissie Accountancy Services
16 Morley Road
Sutton
Surrey
SM3 9LN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC426980
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,529 7,457
6,529 7,457
CURRENT ASSETS
Debtors 5 5,480 40,668
Cash at bank and in hand 350 3,204
5,830 43,872
Creditors: Amounts Falling Due Within One Year 6 (10,190 ) (6,794 )
NET CURRENT ASSETS (LIABILITIES) (4,360 ) 37,078
TOTAL ASSETS LESS CURRENT LIABILITIES 2,169 44,535
Creditors: Amounts Falling Due After More Than One Year 7 (4,876 ) (8,974 )
NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS (2,707 ) 35,561
REPRESENTED BY:
Equity
Members' other interests
Members' capital (2,707) 35,561
(2,707) 35,561
TOTAL MEMBERS' INTEREST
Members' other interests (2,707) 35,561
(2,707) 35,561
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 Matthew Dobbs
Designated Member
Ms Sharon Millar
Designated Member
13 September 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
Finn Technologies LLP is a limited liability partnership, incorporated in England & Wales, registered number OC426980 . The Registered Office is Jenners Slaugham , Haywards Heath, West Sussex, RH17 6AQ.
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. Going Concern Disclosure
These financial statements have been prepared on the going concern baisis, on the understanding that the members will contunie to financially support the LLP to continue in operational existence for the foreseeable future. 
2.3. 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.
2.4. 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:
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 10% Reducing balance
Computer Equipment 33.33% of cost
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 4,167 1,800 7,094 13,061
Additions - - 2,413 2,413
As at 31 March 2024 4,167 1,800 9,507 15,474
Depreciation
As at 1 April 2023 87 403 5,114 5,604
Provided during the period 1,020 140 2,181 3,341
As at 31 March 2024 1,107 543 7,295 8,945
Net Book Value
As at 31 March 2024 3,060 1,257 2,212 6,529
As at 1 April 2023 4,080 1,397 1,980 7,457
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 31,334
Other debtors 5,480 9,334
5,480 40,668
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,099 3,980
Other creditors 6,091 2,814
10,190 6,794
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,876 8,974
Page 4