Acorah Software Products - Accounts Production 16.0.110 false true false 23 August 2023 5 April 2024 5 April 2024 OC448793 Mrs Natasha Morrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC448793 2023-08-22 OC448793 2024-04-05 OC448793 2023-08-23 2024-04-05 OC448793 frs-core:CurrentFinancialInstruments 2024-04-05 OC448793 frs-core:ComputerEquipment 2024-04-05 OC448793 frs-core:ComputerEquipment 2023-08-23 2024-04-05 OC448793 frs-core:ComputerEquipment 2023-08-22 OC448793 frs-core:FurnitureFittings 2024-04-05 OC448793 frs-core:FurnitureFittings 2023-08-23 2024-04-05 OC448793 frs-core:FurnitureFittings 2023-08-22 OC448793 frs-core:MotorVehicles 2024-04-05 OC448793 frs-core:MotorVehicles 2023-08-23 2024-04-05 OC448793 frs-core:MotorVehicles 2023-08-22 OC448793 frs-core:PlantMachinery 2023-08-23 2024-04-05 OC448793 frs-core:WithinOneYear 2024-04-05 OC448793 frs-bus:LimitedLiabilityPartnershipLLP 2023-08-23 2024-04-05 OC448793 frs-bus:LimitedLiabilityPartnershipsSORP 2023-08-23 2024-04-05 OC448793 frs-bus:FilletedAccounts 2023-08-23 2024-04-05 OC448793 frs-bus:SmallEntities 2023-08-23 2024-04-05 OC448793 frs-bus:AuditExempt-NoAccountantsReport 2023-08-23 2024-04-05 OC448793 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-23 2024-04-05 OC448793 frs-countries:EnglandWales 2023-08-23 2024-04-05 OC448793 frs-bus:PartnerLLP1 2023-08-23 2024-04-05
Registered number: OC448793
BB Property (York) LLP
Unaudited Financial Statements
For the Period 23 August 2023 to 5 April 2024
Morrell Middleton Auditors Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC448793
5 April 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 23,953
23,953
CURRENT ASSETS
Debtors 5 9,462
Cash at bank and in hand 3,641
13,103
Creditors: Amounts Falling Due Within One Year 6 (34,488 )
NET CURRENT ASSETS (LIABILITIES) (21,385 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,568
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,568
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 2,568
2,568
2,568
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 2,568
2,568
Page 1
Page 2
For the period 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
Mrs Natasha Morrell
Designated Member
30/12/2024
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
BB Property (York) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC448793 . The Registered Office is Wellington House, York, YO30 4UZ.
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 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: NIL
-
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 23 August 2023 19,461 1,492 3,000 23,953
As at 5 April 2024 19,461 1,492 3,000 23,953
Net Book Value
As at 5 April 2024 19,461 1,492 3,000 23,953
As at 23 August 2023 19,461 1,492 3,000 23,953
5. Debtors
5 April 2024
£
Due within one year
Trade debtors 8,103
Other debtors 1,359
9,462
6. Creditors: Amounts Falling Due Within One Year
5 April 2024
£
Net obligations under finance lease and hire purchase contracts 16,065
Trade creditors 3,833
Other loans 14,590
34,488
7. Obligations Under Finance Leases and Hire Purchase
5 April 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 16,065
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