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 OC348107 Barry Cowan Limited B A Cowan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC348107 2023-04-30 OC348107 2024-04-30 OC348107 2023-05-01 2024-04-30 OC348107 frs-core:CurrentFinancialInstruments 2024-04-30 OC348107 frs-core:MotorVehicles 2024-04-30 OC348107 frs-core:MotorVehicles 2023-05-01 2024-04-30 OC348107 frs-core:MotorVehicles 2023-04-30 OC348107 frs-core:PlantMachinery 2024-04-30 OC348107 frs-core:PlantMachinery 2023-05-01 2024-04-30 OC348107 frs-core:PlantMachinery 2023-04-30 OC348107 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC348107 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 OC348107 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 OC348107 frs-bus:SmallEntities 2023-05-01 2024-04-30 OC348107 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC348107 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 OC348107 frs-countries:EnglandWales 2023-05-01 2024-04-30 OC348107 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 OC348107 frs-bus:PartnerLLP2 2023-05-01 2024-04-30 OC348107 2022-04-30 OC348107 2023-04-30 OC348107 2022-05-01 2023-04-30 OC348107 frs-core:CurrentFinancialInstruments 2023-04-30
Registered number: OC348107
Cranham Sports LLP
Unaudited 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: OC348107
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 6,608 16,768
Cash at bank and in hand 12,770 7,320
19,378 24,088
Creditors: Amounts Falling Due Within One Year 6 (2,372 ) (2,977 )
NET CURRENT ASSETS (LIABILITIES) 17,006 21,111
TOTAL ASSETS LESS CURRENT LIABILITIES 17,006 21,111
NET ASSETS ATTRIBUTABLE TO MEMBERS 17,006 21,111
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 17,006 21,111
17,006 21,111
17,006 21,111
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 17,006 21,111
17,006 21,111
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
B A Cowan
Designated Member
31 October 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
Cranham Sports LLP is a limited liability partnership, incorporated in England & Wales, registered number OC348107 . The Registered Office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.
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 fully depreciated
Motor Vehicles fully depreciated
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 15,975 19,949 35,924
As at 30 April 2024 15,975 19,949 35,924
Depreciation
As at 1 May 2023 15,975 19,949 35,924
As at 30 April 2024 15,975 19,949 35,924
Net Book Value
As at 30 April 2024 - - -
As at 1 May 2023 - - -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,608 12,888
Prepayments and accrued income - 3,880
6,608 16,768
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 2,372 2,977
Page 4