Acorah Software Products - Accounts Production 16.1.200 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 OC347288 Miss Sarah Gamal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC347288 2023-05-31 OC347288 2024-05-31 OC347288 2023-06-01 2024-05-31 OC347288 frs-core:CurrentFinancialInstruments 2024-05-31 OC347288 frs-core:ComputerEquipment 2024-05-31 OC347288 frs-core:ComputerEquipment 2023-06-01 2024-05-31 OC347288 frs-core:ComputerEquipment 2023-05-31 OC347288 frs-bus:LimitedLiabilityPartnershipLLP 2023-06-01 2024-05-31 OC347288 frs-bus:LimitedLiabilityPartnershipsSORP 2023-06-01 2024-05-31 OC347288 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 OC347288 frs-bus:SmallEntities 2023-06-01 2024-05-31 OC347288 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 OC347288 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 OC347288 frs-core:CurrentFinancialInstruments 2 2024-05-31 OC347288 frs-core:CurrentFinancialInstruments 3 2024-05-31 OC347288 frs-countries:EnglandWales 2023-06-01 2024-05-31 OC347288 frs-bus:PartnerLLP1 2023-06-01 2024-05-31 OC347288 2022-05-31 OC347288 2023-05-31 OC347288 2022-06-01 2023-05-31 OC347288 frs-core:CurrentFinancialInstruments 2023-05-31 OC347288 frs-core:CurrentFinancialInstruments 2 2023-05-31 OC347288 frs-core:CurrentFinancialInstruments 3 2023-05-31
Registered number: OC347288
Per Partners LLP
Unaudited Financial Statements
For The Year Ended 31 May 2024
Maurice J Bushell & Co Ltd.
Chartered Certified Accountants
Office 12
Epsilon House
Ipswich
Suffolk
IP3 9FJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC347288
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 85 170
85 170
CURRENT ASSETS
Debtors 5 177,777 136,182
Cash at bank and in hand (35,591 ) 26,318
142,186 162,500
Creditors: Amounts Falling Due Within One Year 6 (185,275 ) (160,918 )
NET CURRENT ASSETS (LIABILITIES) (43,089 ) 1,582
TOTAL ASSETS LESS CURRENT LIABILITIES (43,004 ) 1,752
NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS (43,004 ) 1,752
REPRESENTED BY:
Equity
Members' other interests
Members' capital 7,670 7,670
Other reserves (50,674) (5,918)
(43,004) 1,752
TOTAL MEMBERS' INTEREST
Amounts due from members (139,550) (136,182)
Members' other interests (43,004) 1,752
(182,554) (134,430)
Page 1
Page 2
For the year ending 31 May 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
Miss Sarah Gamal
Designated Member
31 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
Per Partners LLP is a limited liability partnership, incorporated in England & Wales, registered number OC347288 . The Registered Office is C/O Mjb Avanti, Office 12 Epsilon House, West Road, Ipswich, IP3 9FJ.
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. 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 25% on Cost
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2023 1,940
As at 31 May 2024 1,940
Depreciation
As at 1 June 2023 1,770
Provided during the period 85
As at 31 May 2024 1,855
Net Book Value
As at 31 May 2024 85
As at 1 June 2023 170
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 38,227 -
Amounts due from members 139,550 136,182
177,777 136,182
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 24,083 -
Third Party Loan 1 80,321 80,321
Third Party Loan 2 80,321 80,321
Accruals and deferred income 550 276
185,275 160,918
Page 4