Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 OC374087 ATCS Limited Croftex Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC374087 2023-04-30 OC374087 2024-04-30 OC374087 2023-05-01 2024-04-30 OC374087 frs-core:CurrentFinancialInstruments 2024-04-30 OC374087 frs-core:Non-currentFinancialInstruments 2024-04-30 OC374087 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC374087 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 OC374087 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 OC374087 frs-bus:SmallEntities 2023-05-01 2024-04-30 OC374087 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC374087 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 OC374087 frs-core:ListedExchangeTraded 2024-04-30 OC374087 frs-core:ListedExchangeTraded 2023-04-30 OC374087 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-04-30 OC374087 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-04-30 OC374087 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-04-30 OC374087 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-04-30 OC374087 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-04-30 OC374087 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-04-30 OC374087 frs-countries:EnglandWales 2023-05-01 2024-04-30 OC374087 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 OC374087 frs-bus:PartnerLLP2 2023-05-01 2024-04-30 OC374087 2022-04-30 OC374087 2023-04-30 OC374087 2022-05-01 2023-04-30 OC374087 frs-core:CurrentFinancialInstruments 2023-04-30 OC374087 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: OC374087
Cronway Trade Alliance LLP
Unaudited Financial Statements
For The Year Ended 30 April 2024
More Group (Accounting) Limited
Unaudited Financial Statements
Contents
Page
LLP Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
LLP Information
Designated Members ATCS Limited
Croftex Ltd
LLP Registration Number OC374087
Registered Office 65 Compton Street
London
EC1V 0BN
Accountants More Group (Accounting) Limited
65 Compton Street
London
EC1V 0BN
Page 1
Page 2
Balance Sheet
Registered number: OC374087
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,050,466 3,156,314
3,050,466 3,156,314
CURRENT ASSETS
Debtors 5 3,227,522 3,334,712
Cash at bank and in hand 224,063 150,960
3,451,585 3,485,672
NET CURRENT ASSETS (LIABILITIES) 3,451,585 3,485,672
TOTAL ASSETS LESS CURRENT LIABILITIES 6,502,051 6,641,986
Creditors: Amounts Falling Due After More Than One Year 6 (219,031 ) (433,701 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 6,283,020 6,208,285
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 6,282,920 6,208,185
6,282,920 6,208,185
Equity
Members' other interests
Members' capital 100 100
100 100
6,283,020 6,208,285
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 6,282,920 6,208,185
Members' other interests 100 100
6,283,020 6,208,285
Page 2
Page 3
For the year ending 30 April 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.
The financial statements were approved by the members on 8 October 2024 and were signed on their behalf by:
Croftex Ltd
Designated Member
08/10/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Cronway Trade Alliance LLP is a limited liability partnership, incorporated in England & Wales, registered number OC374087 . The Registered Office is 65 Compton Street, London, EC1V 0BN.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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 year was: 2 (2023: 2)
2 2
4. Investments
Listed
£
Cost
As at 1 May 2023 3,156,314
Additions 260,852
Disposals (366,700 )
As at 30 April 2024 3,050,466
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 3,050,466
As at 1 May 2023 3,156,314
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 149,415 149,415
Prepayments and accrued income 1,495 1,534
Other debtors 3,076,612 3,183,763
3,227,522 3,334,712
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 219,031 433,701
219,031 433,701
Page 5