Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 OC309831 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC309831 2023-02-28 OC309831 2024-02-29 OC309831 2023-03-01 2024-02-29 OC309831 frs-core:CurrentFinancialInstruments 2024-02-29 OC309831 frs-core:ComputerEquipment 2024-02-29 OC309831 frs-core:ComputerEquipment 2023-03-01 2024-02-29 OC309831 frs-core:ComputerEquipment 2023-02-28 OC309831 frs-core:FurnitureFittings 2024-02-29 OC309831 frs-core:FurnitureFittings 2023-03-01 2024-02-29 OC309831 frs-core:FurnitureFittings 2023-02-28 OC309831 frs-bus:LimitedLiabilityPartnershipLLP 2023-03-01 2024-02-29 OC309831 frs-bus:LimitedLiabilityPartnershipsSORP 2023-03-01 2024-02-29 OC309831 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 OC309831 frs-bus:SmallEntities 2023-03-01 2024-02-29 OC309831 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 OC309831 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 OC309831 frs-countries:EnglandWales 2023-03-01 2024-02-29 OC309831 frs-bus:PartnerLLP1 2023-03-01 2024-02-29 OC309831 2022-02-28 OC309831 2023-02-28 OC309831 2022-03-01 2023-02-28 OC309831 frs-core:CurrentFinancialInstruments 2023-02-28
Registered number: OC309831
Alexander Rowan LLP
Unaudited Financial Statements
For The Year Ended 29 February 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC309831
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 228 658
228 658
CURRENT ASSETS
Debtors 5 154,111 141,192
Cash at bank and in hand 74,480 49,021
228,591 190,213
Creditors: Amounts Falling Due Within One Year 6 (863 ) (1,315 )
NET CURRENT ASSETS (LIABILITIES) 227,728 188,898
TOTAL ASSETS LESS CURRENT LIABILITIES 227,956 189,556
NET ASSETS ATTRIBUTABLE TO MEMBERS 227,956 189,556
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts - 51,402
- 51,402
Equity
Members' other interests
Other reserves 227,956 138,154
227,956 138,154
227,956 189,556
TOTAL MEMBERS' INTEREST
Amounts due from members (150,807) (135,848)
Loans and other debts due to members within one year - 51,402
Members' other interests 227,956 138,154
77,149 53,708
Page 1
Page 2
For the year ending 29 February 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 Mark Wilkin
Partner
23/01/2025
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
Alexander Rowan LLP is a limited liability partnership, incorporated in England & Wales, registered number OC309831 . The Registered Office is 9 Broadwater Lane, Hurst, Reading, RG10 0DS.
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:
Fixtures & Fittings 20% Straight line
Computer Equipment 33% Straight line
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
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 16,208 5,584 21,792
As at 29 February 2024 16,208 5,584 21,792
Depreciation
As at 1 March 2023 16,208 4,926 21,134
Provided during the period - 430 430
As at 29 February 2024 16,208 5,356 21,564
Net Book Value
As at 29 February 2024 - 228 228
As at 1 March 2023 - 658 658
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,304 2,523
Prepayments and accrued income - 2,821
Amounts due from members 150,807 135,848
154,111 141,192
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 505
Accruals and deferred income 863 810
863 1,315
Page 4