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 OC433702 Mr P Morris Mr J L Morris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC433702 2023-03-31 OC433702 2024-03-31 OC433702 2023-04-01 2024-03-31 OC433702 frs-core:Non-currentFinancialInstruments 2024-03-31 OC433702 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC433702 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC433702 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 OC433702 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC433702 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC433702 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC433702 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC433702 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC433702 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC433702 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC433702 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC433702 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC433702 2022-03-31 OC433702 2023-03-31 OC433702 2022-04-01 2023-03-31 OC433702 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC433702
Armitage Lettings 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: OC433702
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 13,577,121
- 13,577,121
CURRENT ASSETS
Debtors 5 7,978,826 24,937
Cash at bank and in hand 894 22,804
7,979,720 47,741
Creditors: Amounts Falling Due Within One Year 6 (8,640 ) (142,097 )
NET CURRENT ASSETS (LIABILITIES) 7,971,080 (94,356 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,971,080 13,482,765
Creditors: Amounts Falling Due After More Than One Year 7 (378,000 ) (10,366,337 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 7,593,080 3,116,428
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 7,593,080 3,116,428
7,593,080 3,116,428
7,593,080 3,116,428
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 7,593,080 3,116,428
7,593,080 3,116,428
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 P Morris
Designated Member
29th January 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
Armitage Lettings LLP is a limited liability partnership, incorporated in England & Wales, registered number OC433702 . The Registered Office is Suite 16, Unit 1 Meadowfield Court, Ponteland, Newcastle Upon Tyne, NE20 9SD.
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. 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:
Freehold 2% Straight Line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: 1)
- 1
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 April 2023 13,577,121
Additions 435,753
Disposals (18,600,000 )
Revaluation 4,587,126
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 13,577,121
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 7,978,826 -
Other debtors - 24,937
7,978,826 24,937
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 8,640 142,097
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 378,000 10,366,337
Page 4