Acorah Software Products - Accounts Production 16.1.300 false true 5 April 2023 6 April 2022 false 6 April 2023 5 April 2024 5 April 2024 SO301167 Mr Rodney Neil Mr Rodney Neil true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SO301167 2023-04-05 SO301167 2024-04-05 SO301167 2023-04-06 2024-04-05 SO301167 frs-core:CurrentFinancialInstruments 2024-04-05 SO301167 frs-core:Non-currentFinancialInstruments 2024-04-05 SO301167 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-05 SO301167 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 SO301167 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-05 SO301167 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 SO301167 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-06 2024-04-05 SO301167 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 SO301167 frs-bus:SmallEntities 2023-04-06 2024-04-05 SO301167 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 SO301167 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 SO301167 1 2023-04-06 2024-04-05 SO301167 frs-core:Non-currentFinancialInstruments 1 2024-04-05 SO301167 frs-core:Non-currentFinancialInstruments 3 2024-04-05 SO301167 frs-countries:Scotland 2023-04-06 2024-04-05 SO301167 frs-bus:PartnerLLP1 2023-04-06 2024-04-05 SO301167 2022-04-05 SO301167 2023-04-05 SO301167 2022-04-06 2023-04-05 SO301167 frs-core:CurrentFinancialInstruments 2023-04-05 SO301167 frs-core:Non-currentFinancialInstruments 2023-04-05 SO301167 frs-core:Non-currentFinancialInstruments 1 2023-04-05 SO301167 frs-core:Non-currentFinancialInstruments 3 2023-04-05
Registered number: SO301167
Rodney Neil Financial Services LLP
Financial Statements
For The Year Ended 5 April 2024
Gillespie's Fife
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SO301167
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 201,352 262,571
201,352 262,571
CURRENT ASSETS
Debtors 5 23,981 4,088
Cash at bank and in hand 12,743 13,615
36,724 17,703
Creditors: Amounts Falling Due Within One Year 6 (24,609 ) (34,312 )
NET CURRENT ASSETS (LIABILITIES) 12,115 (16,609 )
TOTAL ASSETS LESS CURRENT LIABILITIES 213,467 245,962
Creditors: Amounts Falling Due After More Than One Year 7 (91,350 ) (141,785 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 122,117 104,177
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 122,117 104,177
122,117 104,177
122,117 104,177
TOTAL MEMBERS' INTEREST
Amounts due from members (23,981) (4,088)
Loans and other debts due to members within one year 122,117 104,177
98,136 100,089
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 member acknowledges his 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 Rodney Neil
Designated Member
7th January 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
Rodney Neil Financial Services LLP is a limited liability partnership, incorporated in Scotland, registered number SO301167 . The Registered Office is 33 Leslie Street , Blairgowrie, Perthshire, PH10 6AW.
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. 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:
Freehold Nil
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. Tangible Assets
Land & Property
Freehold
£
Cost
As at 6 April 2023 262,571
Disposals (61,219 )
As at 5 April 2024 201,352
Net Book Value
As at 5 April 2024 201,352
As at 6 April 2023 262,571
5. Debtors
2024 2023
£ £
Due within one year
Amounts due from members 23,981 4,088
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 60 -
Other creditors 23,097 33,058
Accruals and deferred income 1,452 1,254
24,609 34,312
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgage - 3 Wellbank Place - 50,435
Mortgage - 9 Perth Street 91,350 91,350
91,350 141,785
8. Ultimate Controlling Party
The LLP's ultimate controlling party is Mr Rodney Neil .
Page 4