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 OC307073 Mr Andrew Reid Ms Christine Minty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC307073 2023-03-31 OC307073 2024-03-31 OC307073 2023-04-01 2024-03-31 OC307073 frs-core:CurrentFinancialInstruments 2024-03-31 OC307073 frs-core:MotorVehicles 2024-03-31 OC307073 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC307073 frs-core:MotorVehicles 2023-03-31 OC307073 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC307073 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC307073 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC307073 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC307073 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC307073 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC307073 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC307073 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC307073 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC307073 2022-03-31 OC307073 2023-03-31 OC307073 2022-04-01 2023-03-31 OC307073 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC307073
RMPI LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Kalculus
Chartered Accountants, Registered Auditors & Business Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC307073
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,898 15,865
11,898 15,865
CURRENT ASSETS
Debtors 5 297,844 373,564
Cash at bank and in hand 79,016 183,346
376,860 556,910
Creditors: Amounts Falling Due Within One Year 6 (144,448 ) (211,280 )
NET CURRENT ASSETS (LIABILITIES) 232,412 345,630
TOTAL ASSETS LESS CURRENT LIABILITIES 244,310 361,495
NET ASSETS ATTRIBUTABLE TO MEMBERS 244,310 361,495
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (76,410) 130,356
(76,410) 130,356
Equity
Members' other interests
Other reserves 320,720 231,139
320,720 231,139
244,310 361,495
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year (76,410) 130,356
Members' other interests 320,720 231,139
244,310 361,495
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 Andrew Reid
Designated Member
25 September 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
RMPI LLP is a limited liability partnership, incorporated in England & Wales, registered number OC307073 . The Registered Office is Moss House, 15-16 Brook Mews, Mayfair, London, W1K 4DS.
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 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2023: 3)
1 3
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Page 4
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2023 44,853
As at 31 March 2024 44,853
Depreciation
As at 1 April 2023 28,988
Provided during the period 3,967
As at 31 March 2024 32,955
Net Book Value
As at 31 March 2024 11,898
As at 1 April 2023 15,865
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 215,706 369,035
Prepayments and accrued income 22,101 4,302
Other debtors 60,037 227
297,844 373,564
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 302 150
Other taxes and social security 1,868 1,426
VAT 31,218 60,273
Other creditors 108,560 143,431
Accruals and deferred income 2,500 6,000
144,448 211,280
Page 4