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 OC430400 Mr Savinder Singh Virdee Mr Gurpreet Virdee Mrs Harjit Kaur Virdee Mr Inderpal Virdee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC430400 2023-03-31 OC430400 2024-03-31 OC430400 2023-04-01 2024-03-31 OC430400 frs-core:CurrentFinancialInstruments 2024-03-31 OC430400 frs-core:Non-currentFinancialInstruments 2024-03-31 OC430400 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC430400 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC430400 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 OC430400 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC430400 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC430400 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC430400 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC430400 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC430400 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC430400 frs-core:Non-currentFinancialInstruments 1 2024-03-31 OC430400 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC430400 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC430400 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC430400 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC430400 frs-bus:PartnerLLP4 2023-04-01 2024-03-31 OC430400 2022-03-31 OC430400 2023-03-31 OC430400 2022-04-01 2023-03-31 OC430400 frs-core:CurrentFinancialInstruments 2023-03-31 OC430400 frs-core:Non-currentFinancialInstruments 2023-03-31 OC430400 frs-core:Non-currentFinancialInstruments 1 2023-03-31
Registered number: OC430400
SSV Estates LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Churchill Tax Advisers
361 Green Lane
Ilford
IG3 9TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC430400
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 490,000 490,000
490,000 490,000
Creditors: Amounts Falling Due Within One Year 5 (1,439 ) (1,439 )
NET CURRENT ASSETS (LIABILITIES) (1,439 ) (1,439 )
TOTAL ASSETS LESS CURRENT LIABILITIES 488,561 488,561
Creditors: Amounts Falling Due After More Than One Year 6 (45,464 ) (46,854 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 443,097 441,707
REPRESENTED BY:
Equity
Members' other interests
Members' capital 407,416 414,336
Other reserves 35,681 27,371
443,097 441,707
TOTAL MEMBERS' INTEREST
Members' other interests 443,097 441,707
443,097 441,707
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 Inderpal Virdee
Designated Member
23/12/2024
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
SSV Estates LLP is a limited liability partnership, incorporated in England & Wales, registered number OC430400 . The Registered Office is 74 Little Ilford Lane, Manor Park, E12 5PN.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 No depreciation
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 490,000
As at 31 March 2024 490,000
Net Book Value
As at 31 March 2024 490,000
As at 1 April 2023 490,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (1 )
Other creditors 1,440 1,440
1,439 1,439
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 43,704 45,094
Rent deposit 1,760 1,760
45,464 46,854
Page 4