Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC348937 Miss Jacqueline Entwistle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC348937 2023-03-31 OC348937 2024-03-31 OC348937 2023-04-01 2024-03-31 OC348937 frs-core:CurrentFinancialInstruments 2024-03-31 OC348937 frs-core:Non-currentFinancialInstruments 2024-03-31 OC348937 frs-core:FurnitureFittings 2024-03-31 OC348937 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC348937 frs-core:FurnitureFittings 2023-03-31 OC348937 frs-core:PlantMachinery 2024-03-31 OC348937 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC348937 frs-core:PlantMachinery 2023-03-31 OC348937 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC348937 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC348937 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC348937 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC348937 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC348937 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC348937 frs-core:CurrentFinancialInstruments 1 2024-03-31 OC348937 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC348937 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC348937 2022-03-31 OC348937 2023-03-31 OC348937 2022-04-01 2023-03-31 OC348937 frs-core:CurrentFinancialInstruments 2023-03-31 OC348937 frs-core:Non-currentFinancialInstruments 2023-03-31 OC348937 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: OC348937
Quantum Lifecare Recruitment LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC348937
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,479 3,197
2,479 3,197
CURRENT ASSETS
Debtors 5 91,957 102,526
Cash at bank and in hand 10,647 21,850
102,604 124,376
Creditors: Amounts Falling Due Within One Year 6 (11,617 ) (12,896 )
NET CURRENT ASSETS (LIABILITIES) 90,987 111,480
TOTAL ASSETS LESS CURRENT LIABILITIES 93,466 114,677
Creditors: Amounts Falling Due After More Than One Year 7 (8,836 ) (15,879 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 84,630 98,798
REPRESENTED BY:
Equity
Members' other interests
Members' capital 84,630 98,798
84,630 98,798
TOTAL MEMBERS' INTEREST
Amounts due from members (56,106) (77,162)
Members' other interests 84,630 98,798
28,524 21,636
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
Miss Jacqueline Entwistle
Designated Member
15/08/2024
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
Quantum Lifecare Recruitment LLP is a limited liability partnership, incorporated in England & Wales, registered number OC348937 . The Registered Office is Bayside Business Centre, 48 Willis Way, Poole, Dorset, BH15 3TB.
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:
Plant & Machinery 25% SL
Fixtures & Fittings 25% RB
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: )
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 5,550 5,644 11,194
Additions 291 - 291
As at 31 March 2024 5,841 5,644 11,485
Depreciation
As at 1 April 2023 4,951 3,046 7,997
Provided during the period 650 359 1,009
As at 31 March 2024 5,601 3,405 9,006
Net Book Value
As at 31 March 2024 240 2,239 2,479
As at 1 April 2023 599 2,598 3,197
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,980 -
Prepayments and accrued income - (2,192 )
Amounts due from members 56,106 77,162
61,086 74,970
Due after more than one year
Amounts owed by associates 30,871 27,556
30,871 27,556
91,957 102,526
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Bank loans and overdrafts 7,000 7,000
VAT 530 2,890
Other creditors 3,675 2,966
Other creditors (1) 411 40
11,617 12,896
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,836 15,879
8,836 15,879
Page 4