Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 March 2024 31 March 2024 OC347994 Mr Richard Dennis Mrs Lisa Dennis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC347994 2023-01-31 OC347994 2024-03-31 OC347994 2023-02-01 2024-03-31 OC347994 frs-core:CurrentFinancialInstruments 2024-03-31 OC347994 frs-core:FurnitureFittings 2024-03-31 OC347994 frs-core:FurnitureFittings 2023-02-01 2024-03-31 OC347994 frs-core:FurnitureFittings 2023-01-31 OC347994 frs-bus:LimitedLiabilityPartnershipLLP 2023-02-01 2024-03-31 OC347994 frs-bus:LimitedLiabilityPartnershipsSORP 2023-02-01 2024-03-31 OC347994 frs-bus:FilletedAccounts 2023-02-01 2024-03-31 OC347994 frs-bus:SmallEntities 2023-02-01 2024-03-31 OC347994 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-03-31 OC347994 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-03-31 OC347994 frs-countries:EnglandWales 2023-02-01 2024-03-31 OC347994 frs-bus:PartnerLLP1 2023-02-01 2024-03-31 OC347994 frs-bus:PartnerLLP2 2023-02-01 2024-03-31 OC347994 2022-01-31 OC347994 2023-01-31 OC347994 2022-02-01 2023-01-31 OC347994 frs-core:CurrentFinancialInstruments 2023-01-31
Registered number: OC347994
RDA Television LLP
Unaudited Financial Statements
For the Period 1 February 2023 to 31 March 2024
Hub Accountants Limited
Chartered Accountants
Innovation House
Wincombe Lane
Shaftesbury
Dorset
SP7 8FG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC347994
31 March 2024 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,278 3,583
3,278 3,583
CURRENT ASSETS
Debtors 5 410,108 723,890
Cash at bank and in hand 42,519 90,775
452,627 814,665
Creditors: Amounts Falling Due Within One Year 6 (289,694 ) (388,701 )
NET CURRENT ASSETS (LIABILITIES) 162,933 425,964
TOTAL ASSETS LESS CURRENT LIABILITIES 166,211 429,547
NET ASSETS ATTRIBUTABLE TO MEMBERS 166,211 429,547
REPRESENTED BY:
Equity
Members' other interests
Other reserves 166,211 429,547
166,211 429,547
TOTAL MEMBERS' INTEREST
Amounts due from members (409,834) (570,744)
Members' other interests 166,211 429,547
(243,623) (141,197)
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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 Profit and Loss Account.
On behalf of the members
Mr Richard Dennis
Designated Member
16th October 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
RDA Television LLP is a limited liability partnership, incorporated in England & Wales, registered number OC347994 . The Registered Office is 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB.
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 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:
Office equipment 25% Reducing balance
2.4. 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 period was: 3 (2023: 3)
3 3
Page 3
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4. Tangible Assets
Office equipment
£
Cost
As at 1 February 2023 11,540
Additions 1,041
As at 31 March 2024 12,581
Depreciation
As at 1 February 2023 7,957
Provided during the period 1,346
As at 31 March 2024 9,303
Net Book Value
As at 31 March 2024 3,278
As at 1 February 2023 3,583
5. Debtors
31 March 2024 31 January 2023
£ £
Due within one year
Trade debtors - 19,531
Other debtors 410,108 704,359
410,108 723,890
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 January 2023
£ £
Trade creditors - 60,562
Amounts owed to participating interests 70,000 -
Other creditors 219,694 328,003
Taxation and social security - 136
289,694 388,701
7. Related Party Transactions
During the year the partnership was loaned £70,000 by Prospero Media Consulting Limited, a company in which the members have an interest. At the year end £70,000 was owed by the partnership.
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