Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC436135 Ms Yanhong Bi Mr Kai Rong Zhu Ms Leia Zhu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC436135 2023-03-31 OC436135 2024-03-31 OC436135 2023-04-01 2024-03-31 OC436135 frs-core:CurrentFinancialInstruments 2024-03-31 OC436135 frs-core:Non-currentFinancialInstruments 2024-03-31 OC436135 frs-core:ComputerEquipment 2024-03-31 OC436135 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC436135 frs-core:ComputerEquipment 2023-03-31 OC436135 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC436135 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC436135 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC436135 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC436135 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC436135 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC436135 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC436135 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC436135 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC436135 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC436135 2022-03-31 OC436135 2023-03-31 OC436135 2022-04-01 2023-03-31 OC436135 frs-core:CurrentFinancialInstruments 2023-03-31 OC436135 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC436135
Zhutek Investment 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: OC436135
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,249 1,688
Investment Properties 5 543,778 443,413
545,027 445,101
CURRENT ASSETS
Debtors 6 47,807 34,257
Cash at bank and in hand 1,196 2,657
49,003 36,914
Creditors: Amounts Falling Due Within One Year 7 (97,921 ) (1,403 )
NET CURRENT ASSETS (LIABILITIES) (48,918 ) 35,511
TOTAL ASSETS LESS CURRENT LIABILITIES 496,109 480,612
Creditors: Amounts Falling Due After More Than One Year 8 (244,687 ) (244,666 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 251,422 235,946
REPRESENTED BY:
Equity
Members' other interests
Members' capital 251,422 235,946
251,422 235,946
TOTAL MEMBERS' INTEREST
Amounts due from members (47,807) (26,937)
Members' other interests 251,422 235,946
203,615 209,009
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
Ms Yanhong Bi
Designated Member
27/01/2025
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
Zhutek Investment LLP is a limited liability partnership, incorporated in England & Wales, registered number OC436135 . The Registered Office is 88 Wingrove Road, Newcastle Upon Tyne, NE4 9BR.
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.
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
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 1,749
As at 31 March 2024 1,749
Depreciation
As at 1 April 2023 61
Provided during the period 439
As at 31 March 2024 500
Net Book Value
As at 31 March 2024 1,249
As at 1 April 2023 1,688
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 443,413
Additions 100,365
As at 31 March 2024 543,778
6. Debtors
2024 2023
£ £
Due within one year
Other debtors - 7,320
Amounts due from members 47,807 26,937
47,807 34,257
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 258 593
Other creditors 97,663 -
Accruals and deferred income - 810
97,921 1,403
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 244,687 244,666
9. Contingent Liabilities
The LLP had contingent liabilities in respect of mortgages.
Page 4