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 OC394927 Mr Trevor Baldwin Mrs Suzanne Baldwin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC394927 2023-04-05 OC394927 2024-04-05 OC394927 2023-04-06 2024-04-05 OC394927 frs-core:PlantMachinery 2024-04-05 OC394927 frs-core:PlantMachinery 2023-04-06 2024-04-05 OC394927 frs-core:PlantMachinery 2023-04-05 OC394927 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-06 2024-04-05 OC394927 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-06 2024-04-05 OC394927 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 OC394927 frs-bus:SmallEntities 2023-04-06 2024-04-05 OC394927 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 OC394927 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 OC394927 frs-countries:EnglandWales 2023-04-06 2024-04-05 OC394927 frs-bus:PartnerLLP1 2023-04-06 2024-04-05 OC394927 frs-bus:PartnerLLP2 2023-04-06 2024-04-05 OC394927 2022-04-05 OC394927 2023-04-05 OC394927 2022-04-06 2023-04-05
Registered number: OC394927
Hollywater Hens LLP
Unaudited Financial Statements
For The Year Ended 5 April 2024
M A Accountancy Group
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC394927
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,734 341
1,734 341
CURRENT ASSETS
Stocks 5 1,200 750
Debtors 6 - 5,883
Cash at bank and in hand 1,495 1,129
2,695 7,762
Creditors: Amounts Falling Due Within One Year 7 (4,609 ) (4,256 )
NET CURRENT ASSETS (LIABILITIES) (1,914 ) 3,506
TOTAL ASSETS LESS CURRENT LIABILITIES (180 ) 3,847
NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS (180 ) 3,847
REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability (27,687) (27,687)
Other amounts 27,726 32,958
39 5,271
Equity
Members' other interests
Other reserves (219) (1,424)
(219) (1,424)
(180) 3,847
TOTAL MEMBERS' INTEREST
Amounts due from members - (5,883)
Loans and other debts due to members 39 5,271
Members' other interests (219) (1,424)
(180) (2,036)
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 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 Trevor Baldwin
Designated Member
28/08/2024
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
Hollywater Hens LLP is a limited liability partnership, incorporated in England & Wales, registered number OC394927 . The Registered Office is Angel Cottage, Hollywater Road, Bordon, Hampshire, GU35 0AG.
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 20% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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
Plant & Machinery
£
Cost
As at 6 April 2023 10,150
Additions 1,814
As at 5 April 2024 11,964
...CONTINUED
Page 3
Page 4
Depreciation
As at 6 April 2023 9,809
Provided during the period 421
As at 5 April 2024 10,230
Net Book Value
As at 5 April 2024 1,734
As at 6 April 2023 341
5. Stocks
2024 2023
£ £
Finished goods 1,200 750
6. Debtors
2024 2023
£ £
Due within one year
Other debtors - 5,883
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 4,609 4,256
Page 4