Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 31 March 2024 31 March 2024 OC399684 Ms Paula Morgan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC399684 2023-04-30 OC399684 2024-03-31 OC399684 2023-05-01 2024-03-31 OC399684 frs-core:CurrentFinancialInstruments 2024-03-31 OC399684 frs-core:Non-currentFinancialInstruments 2024-03-31 OC399684 frs-core:ComputerEquipment 2023-05-01 2024-03-31 OC399684 frs-core:FurnitureFittings 2024-03-31 OC399684 frs-core:FurnitureFittings 2023-05-01 2024-03-31 OC399684 frs-core:FurnitureFittings 2023-04-30 OC399684 frs-core:PlantMachinery 2024-03-31 OC399684 frs-core:PlantMachinery 2023-05-01 2024-03-31 OC399684 frs-core:PlantMachinery 2023-04-30 OC399684 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-03-31 OC399684 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-03-31 OC399684 frs-bus:FilletedAccounts 2023-05-01 2024-03-31 OC399684 frs-bus:SmallEntities 2023-05-01 2024-03-31 OC399684 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-03-31 OC399684 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-03-31 OC399684 frs-countries:EnglandWales 2023-05-01 2024-03-31 OC399684 frs-bus:PartnerLLP1 2023-05-01 2024-03-31 OC399684 2022-04-30 OC399684 2023-04-30 OC399684 2022-05-01 2023-04-30 OC399684 frs-core:CurrentFinancialInstruments 2023-04-30 OC399684 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: OC399684
Callisto Style LLP
Unaudited Financial Statements
For the Period 1 May 2023 to 31 March 2024
Mollio Limited
Merlin House
Langstone Business Village
Newport
NP18 2HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC399684
31 March 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,304 28,321
24,304 28,321
CURRENT ASSETS
Stocks 5 13,425 6,800
Debtors 6 176 1,852
Cash at bank and in hand 5,942 10,913
19,543 19,565
Creditors: Amounts Falling Due Within One Year 7 (5,610 ) (7,371 )
NET CURRENT ASSETS (LIABILITIES) 13,933 12,194
TOTAL ASSETS LESS CURRENT LIABILITIES 38,237 40,515
Creditors: Amounts Falling Due After More Than One Year 8 (17,767 ) (22,350 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 20,470 18,165
REPRESENTED BY:
Loans and other debts due to members
Other amounts 20,470 18,165
20,470 18,165
20,470 18,165
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 20,470 18,165
20,470 18,165
Page 1
Page 2
For the period 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
Ms Paula Morgan
Designated Member
24/01/2025
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
Callisto Style LLP is a limited liability partnership, incorporated in England & Wales, registered number OC399684 . The Registered Office is 5 MONNOW BRIDGE , MONMOUTH, GWENT, NP25 5ER.
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 25% Straight Line Basis
Fixtures & Fittings 25% Straight Line Basis
Computer Equipment 25% Straight Line Basis
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 period was: 4 (2023: 4)
4 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 24,667 10,266 34,933
Additions - 191 191
As at 31 March 2024 24,667 10,457 35,124
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 - 6,612 6,612
Provided during the period 3,083 1,125 4,208
As at 31 March 2024 3,083 7,737 10,820
Net Book Value
As at 31 March 2024 21,584 2,720 24,304
As at 1 May 2023 24,667 3,654 28,321
5. Stocks
31 March 2024 30 April 2023
£ £
Stock 13,425 6,800
6. Debtors
31 March 2024 30 April 2023
£ £
Due within one year
Trade debtors 176 568
Other debtors - 1,284
176 1,852
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 30 April 2023
£ £
Trade creditors 1,256 2,134
Other creditors 790 395
Taxation and social security 3,564 4,842
5,610 7,371
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 30 April 2023
£ £
Other loans 17,767 22,350
Page 4