Acorah Software Products - Accounts Production 15.0.600 false true 29 October 2022 30 October 2021 false 30 October 2022 29 October 2023 29 October 2023 SO306526 Mrs Nicola Costa Mr Alexandros Costa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SO306526 2022-10-29 SO306526 2023-10-29 SO306526 2022-10-30 2023-10-29 SO306526 frs-core:CurrentFinancialInstruments 2023-10-29 SO306526 frs-core:Non-currentFinancialInstruments 2023-10-29 SO306526 frs-core:BetweenOneFiveYears 2023-10-29 SO306526 frs-core:FurnitureFittings 2023-10-29 SO306526 frs-core:FurnitureFittings 2022-10-30 2023-10-29 SO306526 frs-core:FurnitureFittings 2022-10-29 SO306526 frs-core:MotorVehicles 2023-10-29 SO306526 frs-core:MotorVehicles 2022-10-30 2023-10-29 SO306526 frs-core:MotorVehicles 2022-10-29 SO306526 frs-bus:LimitedLiabilityPartnershipLLP 2022-10-30 2023-10-29 SO306526 frs-bus:LimitedLiabilityPartnershipsSORP 2022-10-30 2023-10-29 SO306526 frs-bus:FilletedAccounts 2022-10-30 2023-10-29 SO306526 frs-bus:SmallEntities 2022-10-30 2023-10-29 SO306526 frs-bus:AuditExempt-NoAccountantsReport 2022-10-30 2023-10-29 SO306526 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-30 2023-10-29 SO306526 frs-countries:Scotland 2022-10-30 2023-10-29 SO306526 frs-bus:PartnerLLP1 2022-10-30 2023-10-29 SO306526 frs-bus:PartnerLLP2 2022-10-30 2023-10-29 SO306526 2021-10-29 SO306526 2022-10-29 SO306526 2021-10-30 2022-10-29 SO306526 frs-core:CurrentFinancialInstruments 2022-10-29 SO306526 frs-core:Non-currentFinancialInstruments 2022-10-29 SO306526 frs-core:BetweenOneFiveYears 2022-10-29 SO306526 frs-core:WithinOneYear 2022-10-29
Registered number: SO306526
BLACKTIDE MARKETING LLP
Unaudited Financial Statements
For The Year Ended 29 October 2023
More Than Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SO306526
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 119,328 148,879
119,328 148,879
CURRENT ASSETS
Debtors 5 21,774 22,459
Cash at bank and in hand 10,994 42,909
32,768 65,368
Creditors: Amounts Falling Due Within One Year 6 (26,431 ) (81,330 )
NET CURRENT ASSETS (LIABILITIES) 6,337 (15,962 )
TOTAL ASSETS LESS CURRENT LIABILITIES 125,665 132,917
Creditors: Amounts Falling Due After More Than One Year 7 (155,039 ) (135,197 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (29,374 ) (2,280 )
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts - 16,396
- 16,396
Equity
Members' other interests
Members' capital (29,374) (18,676)
(29,374) (18,676)
(29,374) (2,280)
TOTAL MEMBERS' INTEREST
Amounts due from members (19,704) -
Loans and other debts due to members within one year - 16,396
Members' other interests (29,374) (18,676)
(49,078) (2,280)
Page 1
Page 2
For the year ending 29 October 2023 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 Alexandros Costa
Designated Member
07/11/2024
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
BLACKTIDE MARKETING LLP is a limited liability partnership, incorporated in Scotland, registered number SO306526 . The Registered Office is 9 George Square, Glasgow, Scotland, G2 1QQ.
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:
Motor Vehicles 20% Reducing balance method
Fixtures & Fittings 25% Reducing balance method
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2022: NIL)
- -
Page 3
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 30 October 2022 138,108 65,878 203,986
Additions - 1,999 1,999
As at 29 October 2023 138,108 67,877 205,985
Depreciation
As at 30 October 2022 14,713 40,394 55,107
Provided during the period 24,679 6,871 31,550
As at 29 October 2023 39,392 47,265 86,657
Net Book Value
As at 29 October 2023 98,716 20,612 119,328
As at 30 October 2022 123,395 25,484 148,879
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,070 22,459
Other debtors 19,704 -
21,774 22,459
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 23,530
Trade creditors 10 115
Bank loans and overdrafts 14,938 38,645
Other creditors 1,679 6,382
Taxation and social security 9,804 12,658
26,431 81,330
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 111,314 102,525
Bank loans 43,725 32,672
155,039 135,197
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Page 5
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 23,530
Later than one year and not later than five years 111,314 102,525
111,314 126,055
111,314 126,055
Page 5