Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 OC355710 Mr Andrew Searle Mrs Julia Searle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC355710 2023-04-30 OC355710 2024-04-30 OC355710 2023-05-01 2024-04-30 OC355710 frs-core:CurrentFinancialInstruments 2024-04-30 OC355710 frs-core:Non-currentFinancialInstruments 2024-04-30 OC355710 frs-core:ComputerEquipment 2024-04-30 OC355710 frs-core:ComputerEquipment 2023-05-01 2024-04-30 OC355710 frs-core:ComputerEquipment 2023-04-30 OC355710 frs-core:MotorVehicles 2024-04-30 OC355710 frs-core:MotorVehicles 2023-05-01 2024-04-30 OC355710 frs-core:MotorVehicles 2023-04-30 OC355710 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC355710 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 OC355710 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 OC355710 frs-bus:SmallEntities 2023-05-01 2024-04-30 OC355710 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC355710 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 OC355710 frs-countries:EnglandWales 2023-05-01 2024-04-30 OC355710 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 OC355710 frs-bus:PartnerLLP2 2023-05-01 2024-04-30 OC355710 2022-04-30 OC355710 2023-04-30 OC355710 2022-05-01 2023-04-30 OC355710 frs-core:CurrentFinancialInstruments 2023-04-30 OC355710 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: OC355710
Origami SME LLP
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC355710
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,934 4,035
13,934 4,035
CURRENT ASSETS
Debtors 5 1,727 9,211
Cash at bank and in hand 4,427 727
6,154 9,938
Creditors: Amounts Falling Due Within One Year 6 (4,222 ) (5,061 )
NET CURRENT ASSETS (LIABILITIES) 1,932 4,877
TOTAL ASSETS LESS CURRENT LIABILITIES 15,866 8,912
Creditors: Amounts Falling Due After More Than One Year 7 (5,671 ) (8,912 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 10,195 -
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 10,195 -
10,195 -
10,195 -
TOTAL MEMBERS' INTEREST
Amounts due from members (1,727) (9,140)
Loans and other debts due to members within one year 10,195 -
8,468 (9,140)
Page 1
Page 2
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 Profit and Loss Account.
On behalf of the members
Mr Andrew Searle
Designated Member
20th 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
Origami SME LLP is a limited liability partnership, incorporated in England & Wales, registered number OC355710 . The Registered Office is Kernyk, 15 Fowey Crescent, Callington, Cornwall, PL17 7PJ.
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:
Motor Vehicles 25% reducing value
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 9,500 2,375 11,875
Additions 16,995 - 16,995
Disposals (9,500 ) - (9,500 )
As at 30 April 2024 16,995 2,375 19,370
Depreciation
As at 1 May 2023 7,246 594 7,840
Provided during the period 4,248 594 4,842
Disposals (7,246 ) - (7,246 )
As at 30 April 2024 4,248 1,188 5,436
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 April 2024 12,747 1,187 13,934
As at 1 May 2023 2,254 1,781 4,035
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 71
Amounts due from members 1,727 9,140
1,727 9,211
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 301 1
Bank loans and overdrafts 3,561 3,618
Other loans 360 1,442
4,222 5,061
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,671 8,912
Page 4