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 OC336396 Dr Yury BUGOSLAVSKY Dr Victoria TYAZHELNIKOVA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC336396 2023-03-31 OC336396 2024-03-31 OC336396 2023-04-01 2024-03-31 OC336396 frs-core:CurrentFinancialInstruments 2024-03-31 OC336396 frs-core:Non-currentFinancialInstruments 2024-03-31 OC336396 frs-core:ComputerEquipment 2024-03-31 OC336396 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC336396 frs-core:ComputerEquipment 2023-03-31 OC336396 frs-core:FurnitureFittings 2024-03-31 OC336396 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC336396 frs-core:FurnitureFittings 2023-03-31 OC336396 frs-core:MotorVehicles 2024-03-31 OC336396 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC336396 frs-core:MotorVehicles 2023-03-31 OC336396 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC336396 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC336396 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC336396 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC336396 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC336396 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC336396 frs-core:Non-currentFinancialInstruments 1 2024-03-31 OC336396 frs-core:CurrentFinancialInstruments 2 2024-03-31 OC336396 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC336396 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC336396 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC336396 2022-03-31 OC336396 2023-03-31 OC336396 2022-04-01 2023-03-31 OC336396 frs-core:CurrentFinancialInstruments 2023-03-31 OC336396 frs-core:Non-currentFinancialInstruments 2023-03-31 OC336396 frs-core:CurrentFinancialInstruments 1 2023-03-31 OC336396 frs-core:Non-currentFinancialInstruments 1 2023-03-31 OC336396 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: OC336396
LINGUAPLAY LLP
Financial Statements
For The Year Ended 31 March 2024
OLS Accounts Limited
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC336396
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,432 61,318
51,432 61,318
CURRENT ASSETS
Debtors 5 5,708 17,041
Cash at bank and in hand 7,780 144,065
13,488 161,106
Creditors: Amounts Falling Due Within One Year 6 (27,311 ) (24,155 )
NET CURRENT ASSETS (LIABILITIES) (13,823 ) 136,951
TOTAL ASSETS LESS CURRENT LIABILITIES 37,609 198,269
Creditors: Amounts Falling Due After More Than One Year 7 633 (14,889 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 38,242 183,380
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 13,035 158,173
13,035 158,173
Equity
Members' other interests
Members' capital 25,207 25,207
25,207 25,207
38,242 183,380
TOTAL MEMBERS' INTEREST
Amounts due from members (1) -
Loans and other debts due to members within one year 13,035 158,173
Members' other interests 25,207 25,207
38,241 183,380
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
Dr Victoria TYAZHELNIKOVA
Designated Member
06/01/2025
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
LINGUAPLAY LLP is a limited liability partnership, incorporated in England & Wales, registered number OC336396 . The Registered Office is 31 Lenham Road, Sutton, SM1 4BG.
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 January 2017 (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 stated at cost less depreciation. 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:
Motor Vehicles 20%
Fixtures & Fittings 25%
Computer Equipment 30%
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 56,488 11,852 60,391 128,731
Additions - 1,512 - 1,512
As at 31 March 2024 56,488 13,364 60,391 130,243
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 36,489 7,741 23,183 67,413
Provided during the period 4,000 1,125 6,273 11,398
As at 31 March 2024 40,489 8,866 29,456 78,811
Net Book Value
As at 31 March 2024 15,999 4,498 30,935 51,432
As at 1 April 2023 19,999 4,111 37,208 61,318
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 532 3,310
Prepayments and accrued income - 8,556
Rent Deposit - 5,175
Other debtors (2) 5,175 -
Amounts due from members 1 -
5,708 17,041
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 27,311 24,155
27,311 24,155
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,018 31,698
Other creditors 100 100
Cyprus (22,751 ) (16,909 )
(633 ) 14,889
Page 4