Acorah Software Products - Accounts Production 16.0.110 false true false 1 March 2023 28 February 2024 28 February 2024 OC421232 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC421232 2023-02-28 OC421232 2024-02-28 OC421232 2023-03-01 2024-02-28 OC421232 frs-core:CurrentFinancialInstruments 2024-02-28 OC421232 frs-core:Non-currentFinancialInstruments 2024-02-28 OC421232 frs-bus:LimitedLiabilityPartnershipLLP 2023-03-01 2024-02-28 OC421232 frs-bus:LimitedLiabilityPartnershipsSORP 2023-03-01 2024-02-28 OC421232 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 OC421232 frs-bus:SmallEntities 2023-03-01 2024-02-28 OC421232 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 OC421232 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 OC421232 frs-countries:EnglandWales 2023-03-01 2024-02-28 OC421232 frs-bus:PartnerLLP1 2023-03-01 2024-02-28
Registered number: OC421232
Tru Stories LLP
Unaudited Financial Statements
For The Year Ended 28 February 2024
Accounting Freedom
Westhill House
2b Devonshire Road
Bexleyheath
DA6 8DS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC421232
2024
Notes £ £
Creditors: Amounts Falling Due Within One Year 5 (79,922 )
NET CURRENT ASSETS (LIABILITIES) (79,922 )
TOTAL ASSETS LESS CURRENT LIABILITIES (79,922 )
Creditors: Amounts Falling Due After More Than One Year 6 (3,428 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (83,350 )
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (83,350)
(83,350)
(83,350)
TOTAL MEMBERS' INTEREST
Amounts due from members (1,497)
Loans and other debts due to members within one year (83,350)
(84,847)
For the year ending 28 February 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 Georgios Dedousis
Partner
25/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Tru Stories LLP is a limited liability partnership, incorporated in England & Wales, registered number OC421232 . The Registered Office is Kemp House, 160 City Road, London, EC1V 2NX.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2
2
4. Debtors
2024
£
Due within one year
5. Creditors: Amounts Falling Due Within One Year
2024
£
Bank loans and overdrafts 3,091
Amounts owed to other participating interests 76,831
79,922
6. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 3,428
Page 2