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 OC431203 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC431203 2023-03-31 OC431203 2024-03-31 OC431203 2023-04-01 2024-03-31 OC431203 frs-core:CurrentFinancialInstruments 2024-03-31 OC431203 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC431203 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC431203 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 OC431203 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC431203 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC431203 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC431203 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC431203 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC431203 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC431203 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC431203 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC431203 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC431203 2022-03-31 OC431203 2023-03-31 OC431203 2022-04-01 2023-03-31 OC431203 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC431203
EDRO Holdings LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
TaxAssist Accountants
476 St. Albans Road
Watford
WD24 6QU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC431203
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,100,000 7,100,000
7,100,000 7,100,000
CURRENT ASSETS
Debtors 5 838 474
Cash at bank and in hand 19,546 10,391
20,384 10,865
Creditors: Amounts Falling Due Within One Year 6 (5,380 ) (5,326 )
NET CURRENT ASSETS (LIABILITIES) 15,004 5,539
TOTAL ASSETS LESS CURRENT LIABILITIES 7,115,004 7,105,539
NET ASSETS ATTRIBUTABLE TO MEMBERS 7,115,004 7,105,539
REPRESENTED BY:
Equity
Members' other interests
Members' capital 6,861,727 7,115,802
Other reserves 253,277 (10,263)
7,115,004 7,105,539
TOTAL MEMBERS' INTEREST
Members' other interests 7,115,004 7,105,539
7,115,004 7,105,539
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 Edward De Wolfe
Partner
Mr Roland DE WOLFE
Partner
02/12/2024
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
EDRO Holdings LLP is a limited liability partnership, incorporated in England & Wales, registered number OC431203 . The Registered Office is Rimon Villa EN5 3LJ, Road Barnet, Barnet, EN5 3LJ.
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:
Freehold Freehold property
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 7,100,000
As at 31 March 2024 7,100,000
Net Book Value
As at 31 March 2024 7,100,000
As at 1 April 2023 7,100,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 838 474
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 4,181 4,181
Accruals and deferred income 1,199 1,145
5,380 5,326
Page 4