Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 OC435251 Morag Investments LLP PCHP Property LLP Marprop Partners Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC435251 2023-01-31 OC435251 2024-01-31 OC435251 2023-02-01 2024-01-31 OC435251 frs-bus:LimitedLiabilityPartnershipLLP 2023-02-01 2024-01-31 OC435251 frs-bus:LimitedLiabilityPartnershipsSORP 2023-02-01 2024-01-31 OC435251 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 OC435251 frs-bus:SmallEntities 2023-02-01 2024-01-31 OC435251 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 OC435251 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 OC435251 frs-countries:EnglandWales 2023-02-01 2024-01-31 OC435251 frs-bus:PartnerLLP1 2023-02-01 2024-01-31 OC435251 frs-bus:PartnerLLP2 2023-02-01 2024-01-31 OC435251 frs-bus:PartnerLLP3 2023-02-01 2024-01-31 OC435251 2022-01-31 OC435251 2023-01-31 OC435251 2022-02-01 2023-01-31
Registered number: OC435251
Trio Partners LLP
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Brooks Carling Accountants Ltd
Reporting accountants
1st Floor, Highview House Tattenham Crescent
Epsom
Surrey
KT18 5QJ
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: OC435251
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 160,907 1,018,817
Cash at bank and in hand 296,783 28,658
457,690 1,047,475
Creditors: Amounts Falling Due Within One Year (1,080 ) (1,079 )
NET CURRENT ASSETS (LIABILITIES) 456,610 1,046,396
TOTAL ASSETS LESS CURRENT LIABILITIES 456,610 1,046,396
NET ASSETS ATTRIBUTABLE TO MEMBERS 456,610 1,046,396
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 374,993 1,046,393
Other amounts 81,614 -
456,607 1,046,393
Equity
Members' other interests
Members' capital 3 3
3 3
456,610 1,046,396
TOTAL MEMBERS' INTEREST
Amounts due from members - (14,130)
Loans and other debts due to members within one year 456,607 1,046,393
Members' other interests 3 3
456,610 1,032,266
Page 1
Page 2
For the year ending 31 January 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.
All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
Morag Investments LLP
Designated Member
16 October 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Trio Partners LLP is a limited liability partnership, incorporated in England & Wales, registered number OC435251 . The Registered Office is Highview House, 1st Floor, Tattenham Crescent, Epsom, KT18 5QJ.
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.
3. Average Number of Employees
Average number of employees, including members, during the period was as follows: NIL (2023: NIL)
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