Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC344668 Mr Timothy Holmes Mr Jeffrey Cohen Clearview Relocation Ltd Mr Simon Bell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC344668 2023-03-31 OC344668 2024-03-31 OC344668 2023-04-01 2024-03-31 OC344668 frs-core:CurrentFinancialInstruments 2024-03-31 OC344668 frs-core:ComputerEquipment 2024-03-31 OC344668 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC344668 frs-core:ComputerEquipment 2023-03-31 OC344668 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC344668 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC344668 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC344668 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC344668 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC344668 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC344668 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC344668 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC344668 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC344668 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC344668 frs-bus:PartnerLLP4 2023-04-01 2024-03-31 OC344668 2022-03-31 OC344668 2023-03-31 OC344668 2022-04-01 2023-03-31 OC344668 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC344668
Aqua Moving Services LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
RED 76 Tax
ICAEW - Chartered Accountants
20-22 Venture West
Greenham Business Park
Newbury
Berkshire
RG19 6HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC344668
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,150 3,713
1,150 3,713
CURRENT ASSETS
Debtors 5 474,308 253,238
Cash at bank and in hand 61,404 37,214
535,712 290,452
Creditors: Amounts Falling Due Within One Year 6 (307,936 ) (346,582 )
NET CURRENT ASSETS (LIABILITIES) 227,776 (56,130 )
TOTAL ASSETS LESS CURRENT LIABILITIES 228,926 (52,417 )
NET ASSETS/(LIABILITIES) ATTRIBUTABLE TO MEMBERS 228,926 (52,417 )
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 228,926 (52,417)
228,926 (52,417)
228,926 (52,417)
TOTAL MEMBERS' INTEREST
Amounts due from members (180,813) -
Loans and other debts due to members within one year 228,926 (52,417)
48,113 (52,417)
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
Clearview Relocation Ltd
Designated Member
06/08/2024
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
Aqua Moving Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC344668 . The Registered Office is 1 Mill Court , Mill Lane , Newbury , Berkshire, RG14 5RE.
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:
Computer Equipment 33% Straight line
2.4. 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: 5 (2023: 5)
5 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 37,507
As at 31 March 2024 37,507
Depreciation
As at 1 April 2023 33,794
Provided during the period 2,563
As at 31 March 2024 36,357
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 1,150
As at 1 April 2023 3,713
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 262,959 225,592
Prepayments and accrued income 14,372 -
Other debtors 3,945 27,646
VAT 12,219 -
Amounts due from members 180,813 -
474,308 253,238
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 111,600 168,921
Other creditors 47,501 177,661
Accruals and deferred income 148,835 -
307,936 346,582
Page 4