Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 March 2024 31 March 2024 OC392650 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC392650 2023-08-31 OC392650 2024-03-31 OC392650 2023-09-01 2024-03-31 OC392650 frs-core:CurrentFinancialInstruments 2024-03-31 OC392650 frs-core:Non-currentFinancialInstruments 2024-03-31 OC392650 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-03-31 OC392650 frs-core:FurnitureFittings 2024-03-31 OC392650 frs-core:FurnitureFittings 2023-09-01 2024-03-31 OC392650 frs-core:FurnitureFittings 2023-08-31 OC392650 frs-core:OtherResidualIntangibleAssets 2024-03-31 OC392650 frs-core:OtherResidualIntangibleAssets 2023-08-31 OC392650 frs-core:PlantMachinery 2024-03-31 OC392650 frs-core:PlantMachinery 2023-09-01 2024-03-31 OC392650 frs-core:PlantMachinery 2023-08-31 OC392650 frs-bus:LimitedLiabilityPartnershipLLP 2023-09-01 2024-03-31 OC392650 frs-bus:LimitedLiabilityPartnershipsSORP 2023-09-01 2024-03-31 OC392650 frs-bus:FilletedAccounts 2023-09-01 2024-03-31 OC392650 frs-bus:SmallEntities 2023-09-01 2024-03-31 OC392650 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-03-31 OC392650 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-03-31 OC392650 frs-countries:EnglandWales 2023-09-01 2024-03-31 OC392650 frs-bus:PartnerLLP1 2023-09-01 2024-03-31 OC392650 2022-08-31 OC392650 2023-08-31 OC392650 2022-09-01 2023-08-31 OC392650 frs-core:CurrentFinancialInstruments 2023-08-31 OC392650 frs-core:Non-currentFinancialInstruments 2023-08-31
Registered number: OC392650
HWD Site Services LLP
Unaudited Financial Statements
For the Period 1 September 2023 to 31 March 2024
Harrisons Accountancy Services
Grapha Farm
Caistor Road
Market Rasen
Lincolnshire
LN8 3FD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC392650
31 March 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,114 1,114
Tangible Assets 5 179 203
1,293 1,317
CURRENT ASSETS
Debtors 6 4,909 10,194
Cash at bank and in hand 6,435 1,399
11,344 11,593
Creditors: Amounts Falling Due Within One Year 7 (12,620 ) (10,775 )
NET CURRENT ASSETS (LIABILITIES) (1,276 ) 818
TOTAL ASSETS LESS CURRENT LIABILITIES 17 2,135
Creditors: Amounts Falling Due After More Than One Year 8 (3,703 ) (5,571 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (3,686 ) (3,436 )
REPRESENTED BY:
Equity
Members' other interests
Other reserves (3,686) (3,436)
(3,686) (3,436)
TOTAL MEMBERS' INTEREST
Amounts due from members (10) -
Members' other interests (3,686) (3,436)
(3,696) (3,436)
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 Daniel Rontree
Partner
21/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HWD Site Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC392650 . The Registered Office is 2 Sadler Court, Lincoln, LN6 3RG.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
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 15% reducing balance
Fixtures & Fittings 33% reducing balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was:
31 March 2024 31 August 2023
Sales, marketing and distribution 2 2
2 2
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 1,114
As at 31 March 2024 1,114
Net Book Value
As at 31 March 2024 1,114
As at 1 September 2023 1,114
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2023 342 795 1,137
As at 31 March 2024 342 795 1,137
Depreciation
As at 1 September 2023 201 733 934
Provided during the period 12 12 24
As at 31 March 2024 213 745 958
Net Book Value
As at 31 March 2024 129 50 179
As at 1 September 2023 141 62 203
6. Debtors
31 March 2024 31 August 2023
£ £
Due within one year
Trade debtors 1,200 8,154
Prepayments and accrued income 3,699 2,040
Amounts due from members 10 -
4,909 10,194
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 August 2023
£ £
Trade creditors 4,500 -
Bank loans and overdrafts 3,000 2,995
VAT 257 622
Accruals and deferred income 4,863 7,158
12,620 10,775
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 August 2023
£ £
Bank loans 3,703 5,571
Page 5