Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 OC431581 Mr Kurt Little iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC431581 2023-04-30 OC431581 2024-04-30 OC431581 2023-05-01 2024-04-30 OC431581 frs-core:CurrentFinancialInstruments 2024-04-30 OC431581 frs-core:Non-currentFinancialInstruments 2024-04-30 OC431581 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC431581 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-01 2024-04-30 OC431581 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 OC431581 frs-bus:SmallEntities 2023-05-01 2024-04-30 OC431581 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 OC431581 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 OC431581 frs-countries:EnglandWales 2023-05-01 2024-04-30 OC431581 frs-bus:PartnerLLP1 2023-05-01 2024-04-30 OC431581 2022-04-30 OC431581 2023-04-30 OC431581 2022-05-01 2023-04-30 OC431581 frs-core:CurrentFinancialInstruments 2023-04-30 OC431581 frs-core:Non-currentFinancialInstruments 2023-04-30
Registered number: OC431581
Lioncross Peterborough LLP
Unaudited Financial Statements
For The Year Ended 30 April 2024
AJS Accountants Ltd
Gibson House
Ermine Business Park
Huntingdon
Cambridgeshire
PE29 6XU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC431581
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 684,184 660,612
Debtors 5 39,182 41,415
Cash at bank and in hand 4,476 2,191
727,842 704,218
Creditors: Amounts Falling Due Within One Year 6 (11,111 ) (8,373 )
NET CURRENT ASSETS (LIABILITIES) 716,731 695,845
TOTAL ASSETS LESS CURRENT LIABILITIES 716,731 695,845
Creditors: Amounts Falling Due After More Than One Year 7 (331,169 ) (331,169 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 385,562 364,676
REPRESENTED BY:
Equity
Members' other interests
Members' capital 382,554 364,009
Other reserves 3,008 667
385,562 364,676
TOTAL MEMBERS' INTEREST
Amounts due from members (36,126) (32,935)
Members' other interests 385,562 364,676
349,436 331,741
Page 1
Page 2
For the year ending 30 April 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 Kurt Little
Designated Member
31 January 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lioncross Peterborough LLP is a limited liability partnership, incorporated in England & Wales, registered number OC431581 . The Registered Office is 6 Ford Lane, Wrecclesham, Farnham, GU10 4SH.
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. 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 and an appropriate proportion of fixed and variable overheads. 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. Stocks
2024 2023
£ £
Work in progress 684,184 660,612
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 139
Other debtors 2,930 7,420
VAT 126 921
Amounts due from members 36,126 32,935
39,182 41,415
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,866 1,828
Other creditors 6,000 6,000
Accruals and deferred income 245 545
11,111 8,373
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 331,169 331,169
Page 3