Acorah Software Products - Accounts Production 16.1.200 false true 5 April 2023 6 April 2022 false 6 April 2023 5 April 2024 5 April 2024 OC340308 Mr L Tankard Mrs S Tankard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC340308 2023-04-05 OC340308 2024-04-05 OC340308 2023-04-06 2024-04-05 OC340308 frs-core:CurrentFinancialInstruments 2024-04-05 OC340308 frs-core:MotorVehicles 2024-04-05 OC340308 frs-core:MotorVehicles 2023-04-06 2024-04-05 OC340308 frs-core:MotorVehicles 2023-04-05 OC340308 frs-core:PlantMachinery 2024-04-05 OC340308 frs-core:PlantMachinery 2023-04-06 2024-04-05 OC340308 frs-core:PlantMachinery 2023-04-05 OC340308 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 OC340308 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-06 2024-04-05 OC340308 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 OC340308 frs-bus:SmallEntities 2023-04-06 2024-04-05 OC340308 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 OC340308 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 OC340308 frs-countries:EnglandWales 2023-04-06 2024-04-05 OC340308 frs-bus:PartnerLLP1 2023-04-06 2024-04-05 OC340308 frs-bus:PartnerLLP2 2023-04-06 2024-04-05 OC340308 2022-04-05 OC340308 2023-04-05 OC340308 2022-04-06 2023-04-05 OC340308 frs-core:CurrentFinancialInstruments 2023-04-05
The Final Set LLP
Unaudited Financial Statements
For The Year Ended 5 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC340308
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,500 28,000
22,500 28,000
CURRENT ASSETS
Debtors 5 4,390 4,680
Cash at bank and in hand 188,125 137,107
192,515 141,787
Creditors: Amounts Falling Due Within One Year 6 (3,620 ) (668 )
NET CURRENT ASSETS (LIABILITIES) 188,895 141,119
TOTAL ASSETS LESS CURRENT LIABILITIES 211,395 169,119
NET ASSETS ATTRIBUTABLE TO MEMBERS 211,395 169,119
REPRESENTED BY:
Equity
Members' other interests
Other reserves 211,395 169,119
211,395 169,119
TOTAL MEMBERS' INTEREST
Members' other interests 211,395 169,119
211,395 169,119
Page 1
Page 2
For the year ending 5 April 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 L Tankard
Designated Member
31 May 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
The Final Set LLP is a limited liability partnership, incorporated in England & Wales, registered number OC340308 . The Registered Office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.
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 100% on cost
Motor Vehicles 20% on reducing balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 6 April 2023 10,748 69,155 79,903
Additions 715 - 715
As at 5 April 2024 11,463 69,155 80,618
Depreciation
As at 6 April 2023 10,748 41,155 51,903
Provided during the period 715 5,500 6,215
As at 5 April 2024 11,463 46,655 58,118
Net Book Value
As at 5 April 2024 - 22,500 22,500
As at 6 April 2023 - 28,000 28,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,390 4,680
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Taxation and social security 3,620 668
Page 4