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 OC427571 Mr T Turner Mr D Brook-Marsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC427571 2023-03-31 OC427571 2024-03-31 OC427571 2023-04-01 2024-03-31 OC427571 frs-core:CurrentFinancialInstruments 2024-03-31 OC427571 frs-core:Non-currentFinancialInstruments 2024-03-31 OC427571 frs-core:BetweenOneFiveYears 2024-03-31 OC427571 frs-core:FurnitureFittings 2024-03-31 OC427571 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC427571 frs-core:FurnitureFittings 2023-03-31 OC427571 frs-core:MotorVehicles 2024-03-31 OC427571 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC427571 frs-core:MotorVehicles 2023-03-31 OC427571 frs-core:PlantMachinery 2024-03-31 OC427571 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC427571 frs-core:PlantMachinery 2023-03-31 OC427571 frs-core:WithinOneYear 2024-03-31 OC427571 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC427571 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC427571 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC427571 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC427571 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC427571 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC427571 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC427571 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC427571 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC427571 2022-03-31 OC427571 2023-03-31 OC427571 2022-04-01 2023-03-31 OC427571 frs-core:CurrentFinancialInstruments 2023-03-31 OC427571 frs-core:Non-currentFinancialInstruments 2023-03-31 OC427571 frs-core:BetweenOneFiveYears 2023-03-31 OC427571 frs-core:WithinOneYear 2023-03-31
Turnbrook Carpentry and Construction LLP
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: OC427571
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,603 10,773
15,603 10,773
CURRENT ASSETS
Stocks 5 4,705 6,310
Debtors 6 9,625 240
Cash at bank and in hand 1,314 8,228
15,644 14,778
Creditors: Amounts Falling Due Within One Year 7 (10,436 ) (4,993 )
NET CURRENT ASSETS (LIABILITIES) 5,208 9,785
TOTAL ASSETS LESS CURRENT LIABILITIES 20,811 20,558
Creditors: Amounts Falling Due After More Than One Year 8 (2,640 ) -
NET ASSETS ATTRIBUTABLE TO MEMBERS 18,171 20,558
REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability 18,171 20,558
18,171 20,558
18,171 20,558
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 18,171 20,558
18,171 20,558
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 T Turner
Designated Member
Mr D Brook-Marsh
Designated Member
31st 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
Turnbrook Carpentry and Construction LLP is a limited liability partnership, incorporated in England & Wales, registered number OC427571 . The Registered Office is 74-76 Aldwick Road, Bognor Regis, West Sussex, PO21 2PE.
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.
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:
Plant & Machinery 15% reducing balance
Motor Vehicles 15% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.  Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 341 10,800 316 11,457
Additions - 6,528 - 6,528
As at 31 March 2024 341 17,328 316 17,985
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 70 540 74 684
Provided during the period 41 1,621 36 1,698
As at 31 March 2024 111 2,161 110 2,382
Net Book Value
As at 31 March 2024 230 15,167 206 15,603
As at 1 April 2023 271 10,260 242 10,773
5. Stocks
2024 2023
£ £
Stock 4,705 6,310
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,625 240
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,880 -
Other creditors 2,600 4,780
Taxation and social security 4,956 213
10,436 4,993
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,640 -
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,880 -
Later than one year and not later than five years 2,640 -
5,520 -
5,520 -
Page 4