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 OC373527 Mr Justinas Gedzus Mr Eugenijus Gedzus iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC373527 2023-03-31 OC373527 2024-03-31 OC373527 2023-04-01 2024-03-31 OC373527 frs-core:CurrentFinancialInstruments 2024-03-31 OC373527 frs-core:Non-currentFinancialInstruments 2024-03-31 OC373527 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC373527 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC373527 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC373527 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC373527 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC373527 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC373527 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC373527 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC373527 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC373527 2022-03-31 OC373527 2023-03-31 OC373527 2022-04-01 2023-03-31 OC373527 frs-core:CurrentFinancialInstruments 2023-03-31 OC373527 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC373527
Aqua Fun Project LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
More Group (Accounting) Limited
Unaudited Financial Statements
Contents
Page
LLP Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4
Page 1
LLP Information
Designated Members Mr Justinas Gedzus
Mr Eugenijus Gedzus
LLP Registration Number OC373527
Registered Office A82 Ambassador Building
5 New Union Square
London
SW11 7BN
Accountants More Group (Accounting) Limited
65 Compton Street
London
EC1V 0BN
Page 1
Page 2
Balance Sheet
Registered number: OC373527
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 302,510 377,009
Cash at bank and in hand 188,053 281,705
490,563 658,714
Creditors: Amounts Falling Due Within One Year 5 (88,444 ) (113,505 )
NET CURRENT ASSETS (LIABILITIES) 402,119 545,209
TOTAL ASSETS LESS CURRENT LIABILITIES 402,119 545,209
Creditors: Amounts Falling Due After More Than One Year 6 (9,242 ) (179,283 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 392,877 365,926
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 392,777 365,826
392,777 365,826
Equity
Members' other interests
Members' capital 100 100
100 100
392,877 365,926
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 392,777 365,826
Members' other interests 100 100
392,877 365,926
Page 2
Page 3
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.
The financial statements were approved by the members on 27 December 2024 and were signed on their behalf by:
Mr Justinas Gedzus
Designated Member
27/12/2024
The notes on page 4 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Aqua Fun Project LLP is a limited liability partnership, incorporated in England & Wales, registered number OC373527 . The Registered Office is A82 Ambassador Building, 5 New Union Square, London, SW11 7BN.
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. 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.
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. Debtors
2024 2023
£ £
Due within one year
Trade debtors 118,120 8,566
Prepayments and accrued income 66,993 273,203
Other debtors 117,397 95,240
302,510 377,009
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 88,444 113,505
88,444 113,505
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 9,242 179,283
9,242 179,283
Page 4