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 OC387057 Mr A Peake Mr M Davis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC387057 2023-03-31 OC387057 2024-03-31 OC387057 2023-04-01 2024-03-31 OC387057 frs-core:CurrentFinancialInstruments 2024-03-31 OC387057 frs-core:ComputerEquipment 2024-03-31 OC387057 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC387057 frs-core:ComputerEquipment 2023-03-31 OC387057 frs-core:NetGoodwill 2024-03-31 OC387057 frs-core:NetGoodwill 2023-04-01 2024-03-31 OC387057 frs-core:NetGoodwill 2023-03-31 OC387057 frs-core:MotorVehicles 2024-03-31 OC387057 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC387057 frs-core:MotorVehicles 2023-03-31 OC387057 frs-core:PlantMachinery 2024-03-31 OC387057 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC387057 frs-core:PlantMachinery 2023-03-31 OC387057 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC387057 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC387057 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC387057 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC387057 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC387057 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC387057 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC387057 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC387057 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC387057 2022-03-31 OC387057 2023-03-31 OC387057 2022-04-01 2023-03-31 OC387057 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC387057
RAINAWAY ROOFING LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
John Millership FCPA
Wednesbury
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC387057
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,000 6,000
Tangible Assets 5 2,047 2,729
8,047 8,729
CURRENT ASSETS
Debtors 6 32,732 16,794
Cash at bank and in hand 47,066 51,391
79,798 68,185
Creditors: Amounts Falling Due Within One Year 7 (10,389 ) (15,779 )
NET CURRENT ASSETS (LIABILITIES) 69,409 52,406
TOTAL ASSETS LESS CURRENT LIABILITIES 77,456 61,135
NET ASSETS ATTRIBUTABLE TO MEMBERS 77,456 61,135
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 77,456 61,135
77,456 61,135
77,456 61,135
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 77,456 61,135
77,456 61,135
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 A Peake
Designated Member
24/10/2024
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
RAINAWAY ROOFING LLP is a limited liability partnership, incorporated in England & Wales, registered number OC387057 . The Registered Office is 40 Ascot Drive, Cannock, West Midlands, WS11 1PE.
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 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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. 
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 25% RB
Motor Vehicles 25% RB
Computer Equipment 25% RB
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 6,000
As at 31 March 2024 6,000
Net Book Value
As at 31 March 2024 6,000
As at 1 April 2023 6,000
Page 3
Page 4
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 510 27,650 218 28,378
As at 31 March 2024 510 27,650 218 28,378
Depreciation
As at 1 April 2023 509 24,923 217 25,649
Provided during the period - 682 - 682
As at 31 March 2024 509 25,605 217 26,331
Net Book Value
As at 31 March 2024 1 2,045 1 2,047
As at 1 April 2023 1 2,727 1 2,729
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,603 16,794
Other debtors 13,129 -
32,732 16,794
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 5,701 7,750
Accruals and deferred income 4,688 8,029
10,389 15,779
Page 4