Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 OC398449 Baldwin Scofield Limited Mr S Baldwin Mr N Baldwin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC398449 2023-04-30 OC398449 2024-04-30 OC398449 2023-05-01 2024-04-30 OC398449 frs-core:CurrentFinancialInstruments 2024-04-30 OC398449 frs-core:Non-currentFinancialInstruments 2024-04-30 OC398449 frs-core:ComputerEquipment 2024-04-30 OC398449 frs-core:ComputerEquipment 2023-05-01 2024-04-30 OC398449 frs-core:ComputerEquipment 2023-04-30 OC398449 frs-core:FurnitureFittings 2024-04-30 OC398449 frs-core:FurnitureFittings 2023-05-01 2024-04-30 OC398449 frs-core:FurnitureFittings 2023-04-30 OC398449 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC398449 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 OC398449 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 OC398449 frs-bus:SmallEntities 2023-05-01 2024-04-30 OC398449 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC398449 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 OC398449 frs-countries:EnglandWales 2023-05-01 2024-04-30 OC398449 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 OC398449 frs-bus:PartnerLLP2 2023-05-01 2024-04-30 OC398449 frs-bus:PartnerLLP4 2023-05-01 2024-04-30 OC398449 2022-04-30 OC398449 2023-04-30 OC398449 2022-05-01 2023-04-30 OC398449 frs-core:CurrentFinancialInstruments 2023-04-30 OC398449 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: OC398449
Baldwin Scofield Accountancy LLP
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC398449
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,299 -
4,299 -
CURRENT ASSETS
Debtors 5 39,262 30,718
Cash at bank and in hand 24,976 29,842
64,238 60,560
Creditors: Amounts Falling Due Within One Year 6 (29,211 ) (31,522 )
NET CURRENT ASSETS (LIABILITIES) 35,027 29,038
TOTAL ASSETS LESS CURRENT LIABILITIES 39,326 29,038
Creditors: Amounts Falling Due After More Than One Year 7 (12,631 ) (20,717 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 26,695 8,321
REPRESENTED BY:
Loans and other debts due to members
Other amounts 26,695 8,321
26,695 8,321
26,695 8,321
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 26,695 8,321
26,695 8,321
Page 1
Page 2
For the year ending 30 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 S Baldwin
Designated Member
25/01/2025
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
Baldwin Scofield Accountancy LLP is a limited liability partnership, incorporated in England & Wales, registered number OC398449 . The Registered Office is Unit 3 Newhouse Business Centre, Old Crawley Road, Horsham, West Sussex, RH12 4RU.
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 Over three years straight line
Computer Equipment Over three years straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 3 (2023: 2)
3 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 490 1,561 2,051
Additions - 4,829 4,829
Disposals (270 ) - (270 )
As at 30 April 2024 220 6,390 6,610
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 490 1,561 2,051
Provided during the period - 530 530
Disposals (270 ) - (270 )
As at 30 April 2024 220 2,091 2,311
Net Book Value
As at 30 April 2024 - 4,299 4,299
As at 1 May 2023 - - -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 38,271 30,718
Other debtors 991 -
39,262 30,718
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,868 14,049
Bank loans and overdrafts 10,648 10,648
Amounts owed to participating interests - 1,487
Other creditors 674 169
Taxation and social security 9,021 5,169
29,211 31,522
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,631 20,717
Page 4