Acorah Software Products - Accounts Production 16.0.110 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 OC434145 Mr RAYMOND WAITES Mr Harry Waites iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC434145 2022-11-30 OC434145 2023-11-30 OC434145 2022-12-01 2023-11-30 OC434145 frs-core:CurrentFinancialInstruments 2023-11-30 OC434145 frs-core:ComputerEquipment 2023-11-30 OC434145 frs-core:ComputerEquipment 2022-12-01 2023-11-30 OC434145 frs-core:ComputerEquipment 2022-11-30 OC434145 frs-bus:LimitedLiabilityPartnershipLLP 2022-12-01 2023-11-30 OC434145 frs-bus:LimitedLiabilityPartnershipsSORP 2022-12-01 2023-11-30 OC434145 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 OC434145 frs-bus:SmallEntities 2022-12-01 2023-11-30 OC434145 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 OC434145 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 OC434145 frs-countries:EnglandWales 2022-12-01 2023-11-30 OC434145 frs-bus:PartnerLLP1 2022-12-01 2023-11-30 OC434145 frs-bus:PartnerLLP2 2022-12-01 2023-11-30 OC434145 2021-11-30 OC434145 2022-11-30 OC434145 2021-12-01 2022-11-30 OC434145 frs-core:CurrentFinancialInstruments 2022-11-30
Registered number: OC434145
RIGHT CHOICE ELECTRICAL LLP
Unaudited Financial Statements
For The Year Ended 30 November 2023
N Dunlop & Co
Lairig Ghru
Dropmore Road
Burnham
Bucks
SL1 8BA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC434145
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 643 841
643 841
CURRENT ASSETS
Debtors 5 96,823 65,545
Cash at bank and in hand 13,259 6,688
110,082 72,233
Creditors: Amounts Falling Due Within One Year 6 (7,911 ) (15,205 )
NET CURRENT ASSETS (LIABILITIES) 102,171 57,028
TOTAL ASSETS LESS CURRENT LIABILITIES 102,814 57,869
NET ASSETS ATTRIBUTABLE TO MEMBERS 102,814 57,869
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 100 100
100 100
Equity
Members' other interests
Members' capital (4,141) (10,017)
Other reserves 106,855 67,786
102,714 57,769
102,814 57,869
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 100 100
Members' other interests 102,714 57,769
102,814 57,869
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For the year ending 30 November 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 Harry Waites
Designated Member
28th November 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
RIGHT CHOICE ELECTRICAL LLP is a limited liability partnership, incorporated in England & Wales, registered number OC434145 . The Registered Office is 2nd Floor, 2 Woodberry Grove, London, N12 0DR.
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:
Computer Equipment 20% on costs
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2022: 1)
1 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 989
As at 30 November 2023 989
Depreciation
As at 1 December 2022 148
Provided during the period 198
As at 30 November 2023 346
Net Book Value
As at 30 November 2023 643
As at 1 December 2022 841
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 95,308 64,031
Other debtors 1,515 1,514
96,823 65,545
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 7,911 15,205
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