Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 March 2024 31 March 2024 OC388286 Mr Richard Reingold Mrs Juliet Reingold iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC388286 2022-12-31 OC388286 2024-03-31 OC388286 2023-01-01 2024-03-31 OC388286 frs-core:CurrentFinancialInstruments 2024-03-31 OC388286 frs-core:ComputerEquipment 2024-03-31 OC388286 frs-core:ComputerEquipment 2023-01-01 2024-03-31 OC388286 frs-core:ComputerEquipment 2022-12-31 OC388286 frs-core:PlantMachinery 2024-03-31 OC388286 frs-core:PlantMachinery 2023-01-01 2024-03-31 OC388286 frs-core:PlantMachinery 2022-12-31 OC388286 frs-bus:LimitedLiabilityPartnershipLLP 2023-01-01 2024-03-31 OC388286 frs-bus:LimitedLiabilityPartnershipsSORP 2023-01-01 2024-03-31 OC388286 frs-bus:FilletedAccounts 2023-01-01 2024-03-31 OC388286 frs-bus:SmallEntities 2023-01-01 2024-03-31 OC388286 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 OC388286 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-03-31 OC388286 frs-countries:EnglandWales 2023-01-01 2024-03-31 OC388286 frs-bus:PartnerLLP1 2023-01-01 2024-03-31 OC388286 frs-bus:PartnerLLP2 2023-01-01 2024-03-31 OC388286 2021-12-31 OC388286 2022-12-31 OC388286 2022-01-01 2022-12-31 OC388286 frs-core:CurrentFinancialInstruments 2022-12-31
Registered number: OC388286
QUILL NOTARIES LLP
Unaudited Financial Statements
For the Period 1 January 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC388286
31 March 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 685 994
685 994
CURRENT ASSETS
Debtors 5 55,629 47,510
Cash at bank and in hand 7,805 24,700
63,434 72,210
Creditors: Amounts Falling Due Within One Year 6 (6,356 ) (15,441 )
NET CURRENT ASSETS (LIABILITIES) 57,078 56,769
TOTAL ASSETS LESS CURRENT LIABILITIES 57,763 57,763
NET ASSETS ATTRIBUTABLE TO MEMBERS 57,763 57,763
REPRESENTED BY:
Equity
Members' other interests
Members' capital 17,758 17,758
Other reserves 40,005 40,005
57,763 57,763
TOTAL MEMBERS' INTEREST
Amounts due from members (22,878) (9,810)
Members' other interests 57,763 57,763
34,885 47,953
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
Mr Richard Reingold
Designated Member
31/01/2025
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
QUILL NOTARIES LLP is a limited liability partnership, incorporated in England & Wales, registered number OC388286 . The Registered Office is International House, 36-38 Cornhill, London, EC3V 3NG.
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. Going Concern Disclosure
The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.
2.3. 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.
2.4. 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 3 Years straight line
Computer Equipment 3 years straight line
Depreciation rates have changed from reducing balance to straight line for the current year.
3. Average Number of Employees
Average number of employees, including members, during the year was as follows:0 NIL (2022: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 2,230 2,813 5,043
As at 31 March 2024 2,230 2,813 5,043
Depreciation
As at 1 January 2023 1,236 2,813 4,049
Provided during the period 309 - 309
As at 31 March 2024 1,545 2,813 4,358
Net Book Value
As at 31 March 2024 685 - 685
As at 1 January 2023 994 - 994
Page 3
Page 4
5. Debtors
31 March 2024 31 December 2022
£ £
Due within one year
Trade debtors 4,066 9,230
Prepayments and accrued income 696 481
Other debtors 27,989 27,989
Amounts due from members 22,878 9,810
55,629 47,510
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 December 2022
£ £
Trade creditors 1,023 1,288
VAT 3,825 12,353
Accruals and deferred income 1,508 1,800
6,356 15,441
Page 4