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 OC358382 Dr Justin Stewart Mrs Alexandra Stewart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC358382 2023-03-31 OC358382 2024-03-31 OC358382 2023-04-01 2024-03-31 OC358382 frs-core:CurrentFinancialInstruments 2024-03-31 OC358382 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC358382 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC358382 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC358382 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC358382 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC358382 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC358382 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC358382 frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC358382 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC358382 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC358382 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC358382 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC358382 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC358382 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC358382 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC358382 2022-03-31 OC358382 2023-03-31 OC358382 2022-04-01 2023-03-31 OC358382 frs-core:CurrentFinancialInstruments 2023-03-31
LLP Formations No 70 LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC358382
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,199,556 1,199,556
1,199,556 1,199,556
CURRENT ASSETS
Debtors 5 1,476 -
Cash at bank and in hand 10,692 8,294
12,168 8,294
Creditors: Amounts Falling Due Within One Year 6 (17,909 ) (21,971 )
NET CURRENT ASSETS (LIABILITIES) (5,741 ) (13,677 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,193,815 1,185,879
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,193,815 1,185,879
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 1,193,815 1,185,879
1,193,815 1,185,879
1,193,815 1,185,879
TOTAL MEMBERS' INTEREST
Amounts due from members (1,476) -
Loans and other debts due to members within one year 1,193,815 1,185,879
1,192,339 1,185,879
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
Dr Justin Stewart
Designated Member
13 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
LLP Formations No 70 LLP is a limited liability partnership, incorporated in England & Wales, registered number OC358382 . The Registered Office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.
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. Investment Properties
All investment properties are reflected at cost and no depreciation has been provided, as it is considered that market value is in excess of cost.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
4. Investments
Unlisted
£
Cost
As at 1 April 2023 1,199,556
As at 31 March 2024 1,199,556
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1,199,556
As at 1 April 2023 1,199,556
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,476 -
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 11,139 15,201
Other creditors 6,770 6,770
17,909 21,971
Page 4