Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SO301872 Mrs I Razgulyaeva Mr D Razgulyaev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SO301872 2023-04-30 SO301872 2024-04-30 SO301872 2023-05-01 2024-04-30 SO301872 frs-core:CurrentFinancialInstruments 2024-04-30 SO301872 frs-core:Non-currentFinancialInstruments 2024-04-30 SO301872 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 SO301872 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SO301872 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 SO301872 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 SO301872 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 SO301872 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SO301872 frs-bus:SmallEntities 2023-05-01 2024-04-30 SO301872 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SO301872 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SO301872 frs-core:UnlistedNon-exchangeTraded 2024-04-30 SO301872 frs-core:UnlistedNon-exchangeTraded 2023-04-30 SO301872 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 SO301872 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 SO301872 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 SO301872 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 SO301872 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 SO301872 frs-countries:Scotland 2023-05-01 2024-04-30 SO301872 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 SO301872 frs-bus:PartnerLLP2 2023-05-01 2024-04-30 SO301872 2022-04-30 SO301872 2023-04-30 SO301872 2022-05-01 2023-04-30 SO301872 frs-core:CurrentFinancialInstruments 2023-04-30 SO301872 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: SO301872
ABX DEVELOPMENT LLP
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
LLP Information 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
LLP Information
Designated Members Mrs I Razgulyaeva
Mr D Razgulyaev
LLP Registration Number SO301872
Registered Office 39/5 Granton Crescent
Edinburgh
EH5 1BN
Page 1
Page 2
Statement of Financial Position
Registered number: SO301872
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 160,841 -
Tangible Assets 4 167,272 167,272
Investments 5 1,532,922 1,215,739
1,861,035 1,383,011
CURRENT ASSETS
Debtors 6 351,493 574,867
Cash at bank and in hand 484,491 320,602
835,984 895,469
Creditors: Amounts Falling Due Within One Year - (301,274 )
NET CURRENT ASSETS (LIABILITIES) 835,984 594,195
TOTAL ASSETS LESS CURRENT LIABILITIES 2,697,019 1,977,206
Creditors: Amounts Falling Due After More Than One Year 7 (852,017 ) -
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,845,002 1,977,206
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 1,844,902 1,977,106
1,844,902 1,977,106
Equity
Members' other interests
Members' capital 100 100
100 100
1,845,002 1,977,206
TOTAL MEMBERS' INTEREST
Amounts due from members (30,513) (132,204)
Loans and other debts due to members within one year 1,844,902 1,977,106
Members' other interests 100 100
1,814,489 1,845,002
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Page 3
For the year ending 30 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 Income Statement.
On behalf of the members
Mr D Razgulyaev
Designated Member
17/01/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
ABX DEVELOPMENT LLP is a limited liability partnership, incorporated in Scotland, registered number SO301872 . The Registered Office is 39/5 Granton Crescent, Edinburgh, EH5 1BN.
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 Non Depriciated
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 May 2023 167,272
As at 30 April 2024 167,272
Net Book Value
As at 30 April 2024 167,272
As at 1 May 2023 167,272
5. Investments
Unlisted
£
Cost
As at 1 May 2023 1,215,739
Revaluations 317,183
As at 30 April 2024 1,532,922
Provision
As at 1 May 2023 -
As at 30 April 2024 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 April 2024 1,532,922
As at 1 May 2023 1,215,739
The investments represent the following:
i) The company holds 5.88% of ordinary share capital of NYX Technologies LTD, a company registered in
Israel.
ii) The company holds 50.97% of ordinary share capital of Aristoklitos Enterprises LTD, a company registered
in Cyprus.
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 320,980 442,663
Amounts due from members 30,513 132,204
351,493 574,867
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 852,017 -
£292,912 loan from Powermann LTD, a company registered in the HongKong, at 0% interest, payable within 5 years
£559,105 loan from RAZGULYAEV Dmitry at 0% interest, payable within 5 years
8. Loans And Other Debts Due To Members
In the event of a winding up of the LLP, amounts classified as 'other debts due to members' would rank behind other non-secured creditors. There are no restrictions that exist on the ability of members to reduce the amounts classifies as 'members capital'.
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