Acorah Software Products - Accounts Production 16.1.300 false true false 1 April 2023 31 March 2024 31 March 2024 OC358258 Mr James Wright Mr Thomas Hartley Ms Mallika Abhay Bhagwat Ms Joanna Goldsmith-Eteson Mr Oliver Griffiths iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC358258 2023-03-31 OC358258 2024-03-31 OC358258 2023-04-01 2024-03-31 OC358258 frs-core:CurrentFinancialInstruments 2024-03-31 OC358258 frs-core:ComputerEquipment 2024-03-31 OC358258 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC358258 frs-core:ComputerEquipment 2023-03-31 OC358258 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC358258 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC358258 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC358258 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC358258 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC358258 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC358258 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC358258 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC358258 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC358258 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC358258 frs-bus:PartnerLLP4 2023-04-01 2024-03-31 OC358258 frs-bus:PartnerLLP5 2023-04-01 2024-03-31
Registered number: OC358258
The Swingle Singers LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Orpheus Accounting Ltd
Sinead Pratschke, CTA, ATT, FMAAT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC358258
2024
Notes £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 53,209
Cash at bank and in hand 72,695
125,904
Creditors: Amounts Falling Due Within One Year 6 (26,775 )
NET CURRENT ASSETS (LIABILITIES) 99,129
TOTAL ASSETS LESS CURRENT LIABILITIES 99,129
NET ASSETS ATTRIBUTABLE TO MEMBERS 99,129
REPRESENTED BY:
Loans and other debts due to members
Other amounts 99,129
99,129
99,129
TOTAL MEMBERS' INTEREST
Amounts due from members (99,129)
Loans and other debts due to members 99,129
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 James Wright
Designated Member
Mr Thomas Hartley
Designated Member
Ms Mallika Abhay Bhagwat
Designated Member
20th 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
The Swingle Singers LLP is a limited liability partnership, incorporated in England & Wales, registered number OC358258 . The Registered Office is Kemp House , 152-160 City Road, London, EC1V 2NX.
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:
Computer Equipment Depreciated in fulll at purchase
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: NIL
-
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,354
As at 31 March 2024 1,354
Depreciation
As at 1 April 2023 1,354
As at 31 March 2024 1,354
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
Page 3
Page 4
5. Debtors
2024
£
Due within one year
Trade debtors 5,397
Other debtors 100,169
105,566
Due after more than one year
Other debtors (52,357)
53,209
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 2
Bank loans and overdrafts 26,759
Other creditors 14
26,775
Page 4