Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 August 2022 false 1 April 2023 31 March 2024 31 March 2024 OC355080 Inlea Holdings Inc. Mr Xavier Aymar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC355080 2023-03-31 OC355080 2024-03-31 OC355080 2023-04-01 2024-03-31 OC355080 frs-core:CurrentFinancialInstruments 2024-03-31 OC355080 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC355080 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC355080 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC355080 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC355080 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC355080 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC355080 frs-core:CostValuation 2023-03-31 OC355080 frs-core:CostValuation 2024-03-31 OC355080 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 OC355080 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 OC355080 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC355080 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC355080 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC355080 2022-07-31 OC355080 2023-03-31 OC355080 2022-08-01 2023-03-31 OC355080 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC355080
INLEA LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC355080
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,206 1,206
1,206 1,206
CURRENT ASSETS
Debtors 5 503 1,065
Cash at bank and in hand 1,198 8,557
1,701 9,622
Creditors: Amounts Falling Due Within One Year 6 (1,098 ) (5,414 )
NET CURRENT ASSETS (LIABILITIES) 603 4,208
TOTAL ASSETS LESS CURRENT LIABILITIES 1,809 5,414
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,809 5,414
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 1,800 5,405
1,800 5,405
Equity
Members' other interests
Members' capital 9 9
9 9
1,809 5,414
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1,800 5,405
Members' other interests 9 9
1,809 5,414
Page 1
Page 2
For the year 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 Xavier Aymar
Designated Member
09/10/2024
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
INLEA LLP is a limited liability partnership, incorporated in England & Wales, registered number OC355080 . The Registered Office is C/O Mackrell Turner Garett, Savoy Hill House, Savoy Hill, London, WC2R 0BU.
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. 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: NIL (2023: NIL)
- -
4. Investments
Other
£
Cost
As at 1 April 2023 1,206
As at 31 March 2024 1,206
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1,206
As at 1 April 2023 1,206
Page 3
Page 4
5. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 319 -
Other debtors 184 1,065
503 1,065
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Trade creditors 599 647
Other creditors 499 4,767
1,098 5,414
Page 4