Acorah Software Products - Accounts Production 16.1.200 false true 31 December 2022 1 January 2022 false 1 January 2023 31 March 2024 31 March 2024 OC414399 Glewstone Investments Ltd Much Marcle Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC414399 2022-12-31 OC414399 2024-03-31 OC414399 2023-01-01 2024-03-31 OC414399 frs-core:CurrentFinancialInstruments 2024-03-31 OC414399 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2024-03-31 OC414399 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2024-03-31 OC414399 frs-bus:FilletedAccounts 2023-01-01 2024-03-31 OC414399 frs-bus:SmallEntities 2023-01-01 2024-03-31 OC414399 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 OC414399 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-03-31 OC414399 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC414399 frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC414399 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC414399 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC414399 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 OC414399 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC414399 frs-countries:EnglandWales 2023-01-01 2024-03-31 OC414399 frs-bus:PartnerLLP1 2023-01-01 2024-03-31 OC414399 frs-bus:PartnerLLP2 2023-01-01 2024-03-31 OC414399 2021-12-31 OC414399 2022-12-31 OC414399 2022-01-01 2022-12-31 OC414399 frs-core:CurrentFinancialInstruments 2022-12-31
Registered number: OC414399
Wye Valley Investments LLP
Unaudited Financial Statements
For the Period 1 January 2023 to 31 March 2024
Andrew Lillingston Limited
13 Hurlingham Studios
Ranelagh Gardens
London
SW6 3PA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC414399
31 March 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 13,508 13,508
13,508 13,508
CURRENT ASSETS
Debtors 5 2,081,868 1,826,427
Cash at bank and in hand 2,800 9,463
2,084,668 1,835,890
Creditors: Amounts Falling Due Within One Year 6 (1,983,446 ) (1,777,481 )
NET CURRENT ASSETS (LIABILITIES) 101,222 58,409
TOTAL ASSETS LESS CURRENT LIABILITIES 114,730 71,917
NET ASSETS ATTRIBUTABLE TO MEMBERS 114,730 71,917
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 6,641 6,641
Other amounts 92,089 49,276
98,730 55,917
Equity
Members' other interests
Members' capital 16,000 16,000
16,000 16,000
114,730 71,917
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 98,730 55,917
Members' other interests 16,000 16,000
114,730 71,917
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
Glewstone Investments Ltd
Designated Member
29/01/2025
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
Wye Valley Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC414399 . The Registered Office is Sequel House, The Hart, Farnham, GU9 7HW.
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 represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. 
2.3. 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 period was: NIL (2022: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 January 2023 14,239
As at 31 March 2024 14,239
Provision
As at 1 January 2023 731
As at 31 March 2024 731
Net Book Value
As at 31 March 2024 13,508
As at 1 January 2023 13,508
The LLP held the following interests in subsidiaries and other companies in which it had a significant interest as at 31
March 2024:
Poseidon.Si d.o.o, a company incorporated in Slovenia with registration number 8259313. The LLP has owned 100% (Dec 2022: 100%) of its equity share capital since its incorporation on 24 August 2018. The share capital and reserves (negative equity) on 31 December 2023 were £12,928 (2022: £9,282). The loss for the period ended 31 December 2023 was £3,822 (2022: £3,512).
Poseidon Construction d.o.o, a company incorporated in Croatia with registration number 60350920. The LLP owns 100% (Dec 2022: 100%) of the equity share capital. The company's capital and reserves (negative equity) on 31 December 2023 were £260,922 (2022: £573,131). The profit for the period ended 31 December 2023 was £301,304 (2022 Loss: £179,588).
Poseidon Human Capital d.o.o, a company incorporated in Croatia with registration number 60393177. The LLP has owned 100% (Dec 2022: 100%) of its equity share capital since its incorporation on 17 July 2018. The share capital and reserves on 31 December 2023 were £1202,160 (2022: £519,322). The loss for the period ended 31 December 2023 was £682,838 (2022: £302,415).
...CONTINUED
Page 3
Page 4
4. Investments - continued
Poseidon Human Capital d.o.o, a company incorporated in Serbia with registration number 21452246. The LLP has owned 100% of its equity share capital since its incorporation on 29 January 2019. The company's capital and reserves (negative equity) on 31 December 2023 were £30,500 (Dec 2022: £9,086). The loss for the year ended 31 December 2023 was £9,086 (2022: profit £5,892).
Work To Live d.o.o, a company incorporated in Croatia with registration number 60421082. The LLP has owned 100% of its equity share capital since its incorporation on 4 September 2020. The company's capital and reserves (negative equity) on 31 December 2023 were £88,189 (2022: £73,697). The loss for the period ended 31 December 2023 was £14,492 (2022: profit £34,062).
Sirona International Limited, a company incorporated in the UK with registration number 11233720. The LLP has owned 100% of its equity share capital since 22 January 2020. The company's capital and reserves on 31 March 2023 were £419,283 (negative equity) (2022: £203,027). The loss for the year ended 31 March 2023 was £216,256 (2022: £167,988).
5. Debtors
31 March 2024 31 December 2022
£ £
Due within one year
Trade debtors 114,000 4,164
Other debtors 179,000 88,999
Amounts owed by subsidiaries 1,788,868 1,733,264
2,081,868 1,826,427
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 December 2022
£ £
Trade creditors 40 40
VAT 23,659 9,219
Other creditors 1,924,051 1,760,876
Accruals and deferred income 31,200 2,850
Amounts owed to subsidiaries 4,496 4,496
1,983,446 1,777,481
Page 4