Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC439025 M Taylor B Fitzpatrick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC439025 2023-03-31 OC439025 2024-03-31 OC439025 2023-04-01 2024-03-31 OC439025 frs-core:Non-currentFinancialInstruments 2024-03-31 OC439025 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC439025 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC439025 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC439025 frs-core:PlantMachinery 2024-03-31 OC439025 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC439025 frs-core:PlantMachinery 2023-03-31 OC439025 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC439025 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC439025 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 OC439025 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC439025 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC439025 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC439025 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC439025 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC439025 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC439025 2022-03-31 OC439025 2023-03-31 OC439025 2022-04-01 2023-03-31 OC439025 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC439025
James Scott (Accounting) LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC439025
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,153 101,636
77,153 101,636
CURRENT ASSETS
Stocks 67,400 10,864
Debtors 81,470 93,061
Cash at bank and in hand 35,549 17,910
184,419 121,835
Creditors: Amounts Falling Due Within One Year (228,186 ) (174,894 )
NET CURRENT ASSETS (LIABILITIES) (43,767 ) (53,059 )
TOTAL ASSETS LESS CURRENT LIABILITIES 33,386 48,577
Creditors: Amounts Falling Due After More Than One Year (22,064 ) (36,006 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 11,322 12,571
REPRESENTED BY:
Equity
Members' other interests
Other reserves 11,322 12,571
11,322 12,571
TOTAL MEMBERS' INTEREST
Members' other interests 11,322 12,571
11,322 12,571
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.
All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
M Taylor
Designated Member
B Fitzpatrick
Designated Member
23 December 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
James Scott (Accounting) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC439025 . The Registered Office is Balmoral House, Warwick Court, Park Road, Middleton, Manchester, M24 1AE.
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:
Plant & Machinery 15
Motor Vehicles 25
Fixtures & Fittings 15
Computer Equipment 15
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 11 (2023: 12)
11 12
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 April 2023 138,342
Additions 600
Disposals (21,210 )
As at 31 March 2024 117,732
Depreciation
As at 1 April 2023 36,706
Provided during the period 19,464
Disposals (15,591 )
As at 31 March 2024 40,579
Net Book Value
As at 31 March 2024 77,153
As at 1 April 2023 101,636
Page 4