Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC304011 Mr Frank De Souza Mrs Jane De Souza true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC304011 2023-03-31 OC304011 2024-03-31 OC304011 2023-04-01 2024-03-31 OC304011 frs-core:CurrentFinancialInstruments 2024-03-31 OC304011 frs-core:MotorVehicles 2024-03-31 OC304011 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC304011 frs-core:MotorVehicles 2023-03-31 OC304011 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC304011 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC304011 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC304011 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC304011 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC304011 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC304011 1 2023-04-01 2024-03-31 OC304011 frs-core:CurrentFinancialInstruments 1 2024-03-31 OC304011 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC304011 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC304011 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC304011 2022-03-31 OC304011 2023-03-31 OC304011 2022-04-01 2023-03-31 OC304011 frs-core:CurrentFinancialInstruments 2023-03-31 OC304011 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: OC304011
De Souza and Company LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC304011
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,602 24,652
12,602 24,652
CURRENT ASSETS
Debtors 5 114,171 78,686
114,171 78,686
Creditors: Amounts Falling Due Within One Year 6 (126,980 ) (108,795 )
NET CURRENT ASSETS (LIABILITIES) (12,809 ) (30,109 )
TOTAL ASSETS LESS CURRENT LIABILITIES (207 ) (5,457 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (207 ) (5,457 )
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 2,597 2,597
2,597 2,597
Equity
Members' other interests
Members' capital (6,006) (11,256)
Other reserves 3,202 3,202
(2,804) (8,054)
(207) (5,457)
TOTAL MEMBERS' INTEREST
Amounts due from members (71,544) (53,744)
Loans and other debts due to members within one year 2,597 2,597
Members' other interests (2,804) (8,054)
(71,751) (59,201)
Page 1
Page 2
For the year ending 31 March 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 Frank De Souza
Designated Member
15/11/2024
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
De Souza and Company LLP is a limited liability partnership, incorporated in England & Wales, registered number OC304011 . The Registered Office is Priestfield Farm, Henfield Road, Albourne, West Sussex, BN6 9DE.
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 comprises the invoiced value of goods and services supplied by the LLP, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2023 60,750
As at 31 March 2024 60,750
Depreciation
As at 1 April 2023 36,098
Provided during the period 12,050
As at 31 March 2024 48,148
Net Book Value
As at 31 March 2024 12,602
As at 1 April 2023 24,652
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,127 5,742
VAT 13,300 -
De Souza Commercial Llp (Debtors < 1 year) 585,712 -
De Souza & Company Ltd (Debtors < 1 year) (585,712 ) -
Amounts owed by other participating interests 19,200 19,200
Amounts due from members 71,544 53,744
114,171 78,686
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,290 -
De Souza & Company Ltd(Current liabilities - creditors < 1 year) 5,283 -
Accruals and deferred income 3,460 3,230
De Souza & Company Ltd 96,947 105,565
126,980 108,795
7. Ultimate Controlling Party
The LLP's ultimate controlling party is Mr Frank De Souza
Page 4