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 OC348060 Mr John Thomas Hillage Mrs Paula Hillage iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC348060 2023-03-31 OC348060 2024-03-31 OC348060 2023-04-01 2024-03-31 OC348060 frs-core:ComputerEquipment 2024-03-31 OC348060 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC348060 frs-core:ComputerEquipment 2023-03-31 OC348060 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC348060 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC348060 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC348060 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC348060 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC348060 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC348060 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC348060 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC348060 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC348060 2022-03-31 OC348060 2023-03-31 OC348060 2022-04-01 2023-03-31
Registered number: OC348060
Information Online LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Fresh Accounting & Legal Limited
43, Beaufort Avenue
Langland
SA3 4PB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC348060
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 97 280
97 280
CURRENT ASSETS
Cash at bank and in hand 1,173 2,266
1,173 2,266
Creditors: Amounts Falling Due Within One Year 5 (10,666 ) (10,666 )
NET CURRENT ASSETS (LIABILITIES) (9,493 ) (8,400 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,396 ) (8,120 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (9,396 ) (8,120 )
REPRESENTED BY:
Loans and other debts due to members
Other amounts 6,647 5,343
6,647 5,343
Equity
Members' other interests
Members' capital (16,043) (13,463)
(16,043) (13,463)
(9,396) (8,120)
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 6,647 5,343
Members' other interests (16,043) (13,463)
(9,396) (8,120)
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 John Thomas Hillage
Designated Member
26/11/2024
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
Information Online LLP is a limited liability partnership, incorporated in England & Wales, registered number OC348060 . The Registered Office is 262 FAWCETT ROAD, SOUTHSEA, HAMPSHIRE, PO04 0LF.
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:
Computer Equipment 25% on cost
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
Computer Equipment
£
Cost
As at 1 April 2023 2,126
As at 31 March 2024 2,126
Depreciation
As at 1 April 2023 1,846
Provided during the period 183
As at 31 March 2024 2,029
Net Book Value
As at 31 March 2024 97
As at 1 April 2023 280
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 10,666 10,666
Page 4