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 OC315603 Mr S Henry Mrs L Krickova Mr R Thorpe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC315603 2023-03-31 OC315603 2024-03-31 OC315603 2023-04-01 2024-03-31 OC315603 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC315603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 OC315603 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC315603 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC315603 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC315603 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 OC315603 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC315603 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 OC315603 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC315603 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC315603 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC315603 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC315603 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC315603 2022-03-31 OC315603 2023-03-31 OC315603 2022-04-01 2023-03-31
Registered number: OC315603
Constable VAT Consultancy LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Accountant's Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Accountant's Report
Chartered Accountant's report to the partners on the preparation of the unaudited statutory accounts of Constable VAT Consultancy LLP for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, I have prepared for your approval the accounts of Constable VAT Consultancy LLP for the year ended 31 March 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the partners of Constable VAT Consultancy LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Constable VAT Consultancy LLP and state those matters that we have agreed to state to the partners of Constable VAT Consultancy LLP, as a body, in this report in accordance with AAF 2/10 as detailed at ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Constable VAT Consultancy LLP and its partners, as a body, for our work or for this report.
It is your duty to ensure that Constable VAT Consultancy LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Constable VAT Consultancy LLP. You consider that Constable VAT Consultancy LLP is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Constable VAT Consultancy LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
21/11/2024
Wood & Disney Ltd
Chartered Accountants
Lodge Park, Lodge Lane
Langham
Colchester
Essex
CO4 5NE
Page 1
Page 2
Abridged Balance Sheet
Registered number: OC315603
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,898 24,346
21,898 24,346
CURRENT ASSETS
Debtors 172,229 218,893
Cash at bank and in hand 139,525 150,711
311,754 369,604
Creditors: Amounts Falling Due Within One Year (60,469 ) (56,218 )
NET CURRENT ASSETS (LIABILITIES) 251,285 313,386
TOTAL ASSETS LESS CURRENT LIABILITIES 273,183 337,732
NET ASSETS ATTRIBUTABLE TO MEMBERS 273,183 337,732
REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability 243,183 287,732
243,183 287,732
Equity
Members' other interests
Other reserves 30,000 50,000
30,000 50,000
273,183 337,732
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 243,183 287,732
Members' other interests 30,000 50,000
273,183 337,732
Page 2
Page 3
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.
All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
Mr R Thorpe
Designated Member
21/11/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Constable VAT Consultancy LLP is a limited liability partnership, incorporated in England & Wales, registered number OC315603 . The Registered Office is 12 Dedham Vale, Business Centre Manningtree Road, Dedham, Colchester, CO7 6BL.
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.
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:
Leasehold 0%
Plant & Machinery 25% Reducing Balance
Computer Equipment 33% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Pensions
The LLP operates a defined pension contribution scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 5 (2023: 6)
5 6
Page 4
Page 5
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 75,258
Additions 689
Disposals (6,386 )
As at 31 March 2024 69,561
Depreciation
As at 1 April 2023 50,912
Provided during the period 2,261
Disposals (5,510 )
As at 31 March 2024 47,663
Net Book Value
As at 31 March 2024 21,898
As at 1 April 2023 24,346
Page 5