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 OC351801 Mr Atul Aggarwal Mr Adeyemi Coker Mr Jitendra Kakad Mr Ali Al-Sabti Mr Bhikhalal Kotecha Mr Jagmohan Chawla Mr Sandeep Gujral Mr Harbhajan Plaha Mr Liyanagae Wickramasinghe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC351801 2023-01-31 OC351801 2024-03-31 OC351801 2023-02-01 2024-03-31 OC351801 frs-core:CurrentFinancialInstruments 2024-03-31 OC351801 frs-core:ComputerEquipment 2024-03-31 OC351801 frs-core:ComputerEquipment 2023-02-01 2024-03-31 OC351801 frs-core:ComputerEquipment 2023-01-31 OC351801 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC351801 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-03-31 OC351801 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 OC351801 frs-core:PlantMachinery 2024-03-31 OC351801 frs-core:PlantMachinery 2023-02-01 2024-03-31 OC351801 frs-core:PlantMachinery 2023-01-31 OC351801 frs-bus:LimitedLiabilityPartnershipLLP 2023-02-01 2024-03-31 OC351801 frs-bus:LimitedLiabilityPartnershipsSORP 2023-02-01 2024-03-31 OC351801 frs-bus:FilletedAccounts 2023-02-01 2024-03-31 OC351801 frs-bus:SmallEntities 2023-02-01 2024-03-31 OC351801 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-03-31 OC351801 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-03-31 OC351801 frs-countries:EnglandWales 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP1 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP2 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP3 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP4 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP5 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP6 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP7 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP8 2023-02-01 2024-03-31 OC351801 frs-bus:PartnerLLP9 2023-02-01 2024-03-31 OC351801 2022-01-31 OC351801 2023-01-31 OC351801 2022-02-01 2023-01-31 OC351801 frs-core:CurrentFinancialInstruments 2023-01-31
Registered number: OC351801
Essex Medicare LLP
Unaudited Financial Statements
For the Period 1 February 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC351801
31 March 2024 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,804,953 3,815,526
3,804,953 3,815,526
CURRENT ASSETS
Debtors 5 21,640 63,323
Cash at bank and in hand 57,241 32,294
78,881 95,617
Creditors: Amounts Falling Due Within One Year 6 (26,417 ) (43,804 )
NET CURRENT ASSETS (LIABILITIES) 52,464 51,813
TOTAL ASSETS LESS CURRENT LIABILITIES 3,857,417 3,867,339
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,857,417 3,867,339
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 426,142 233,564
426,142 233,564
Equity
Members' other interests
Members' capital 2,977,057 3,179,557
Revaluation reserve 454,218 454,218
3,431,275 3,633,775
3,857,417 3,867,339
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 426,142 233,564
Members' other interests 3,431,275 3,633,775
3,857,417 3,867,339
Page 1
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 Profit and Loss Account.
On behalf of the members
Mr Bhikhalal Kotecha
Designated Member
14/10/2024
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
Essex Medicare LLP is a limited liability partnership, incorporated in England & Wales, registered number OC351801 . The Registered Office is Westland Medical Centre, Westland Avenue, Hornchurch, Essex, RM11 3SD.
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 Held at fair value
Plant & Machinery 10% SL
Computer Equipment 25% SL
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 5 (2023: 5)
5 5
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 3,850,000 132,868 102,563 4,085,431
As at 31 March 2024 3,850,000 132,868 102,563 4,085,431
Depreciation
As at 1 February 2023 45,047 122,295 102,563 269,905
Provided during the period - 10,573 - 10,573
As at 31 March 2024 45,047 132,868 102,563 280,478
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 3,804,953 - - 3,804,953
As at 1 February 2023 3,804,953 10,573 - 3,815,526
5. Debtors
31 March 2024 31 January 2023
£ £
Due within one year
Trade debtors - 41,155
Other debtors 21,640 22,168
21,640 63,323
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 January 2023
£ £
Other taxes and social security 1,797 1,583
VAT 20,701 25,088
Other creditors 319 241
Accruals and deferred income 3,600 16,892
26,417 43,804
Page 4