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 OC426803 S Chandler I Milbourn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC426803 2023-03-31 OC426803 2024-03-31 OC426803 2023-04-01 2024-03-31 OC426803 frs-core:CurrentFinancialInstruments 2024-03-31 OC426803 frs-core:Non-currentFinancialInstruments 2024-03-31 OC426803 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC426803 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC426803 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC426803 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC426803 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC426803 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC426803 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC426803 frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC426803 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC426803 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC426803 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC426803 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC426803 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 OC426803 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC426803 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC426803 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC426803 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC426803 2022-03-31 OC426803 2023-03-31 OC426803 2022-04-01 2023-03-31 OC426803 frs-core:CurrentFinancialInstruments 2023-03-31 OC426803 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC426803
Notion Capital IV Co-Investment LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC426803
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,538,202 3,971,043
3,538,202 3,971,043
CURRENT ASSETS
Cash at bank and in hand 144,068 1,442
144,068 1,442
Creditors: Amounts Falling Due Within One Year 5 (631,418 ) (539,864 )
NET CURRENT ASSETS (LIABILITIES) (487,350 ) (538,422 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,050,852 3,432,621
Creditors: Amounts Falling Due After More Than One Year 6 (651,042 ) (1,041,666 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,399,810 2,390,955
REPRESENTED BY:
Members' other interests
Other amounts 2,399,497 2,390,642
2,399,497 2,390,642
Equity
Members' capital classified as equity
Other reserves 313 313
313 313
2,399,810 2,390,955
TOTAL MEMBERS' INTEREST
Members' other interests 2,399,497 2,390,642
Members' capital classified as equity 313 313
2,399,810 2,390,955
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
I Milbourn
Designated Member
27/11/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Notion Capital IV Co-Investment LLP is a limited liability partnership, incorporated in England & Wales, registered number OC426803 . The Registered Office is C/o Notion Capital Managers LLP, 91 Wimpole Street, London, W1G 0EF.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 April 2023 3,971,043
Additions 100,008
Revaluations (532,849 )
As at 31 March 2024 3,538,202
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 3,538,202
As at 1 April 2023 3,971,043
5. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Bank loans and overdrafts 520,833 520,834
Other creditors 110,585 19,030
631,418 539,864
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 651,042 1,041,666
Page 3