Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 OC360523 The S F Trust Thomas John Simpson Unlimited Neil A Simpson Unlimited Dean Simpson Unlimited Chris Simpson Unlimited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC360523 2023-12-31 OC360523 2024-12-31 OC360523 2024-01-01 2024-12-31 OC360523 frs-core:CurrentFinancialInstruments 2024-12-31 OC360523 frs-core:Non-currentFinancialInstruments 2024-12-31 OC360523 frs-core:BetweenOneFiveYears 2024-12-31 OC360523 frs-core:ComputerEquipment 2024-12-31 OC360523 frs-core:ComputerEquipment 2024-01-01 2024-12-31 OC360523 frs-core:ComputerEquipment 2023-12-31 OC360523 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 OC360523 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 OC360523 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 OC360523 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 OC360523 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 OC360523 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 OC360523 frs-core:FurnitureFittings 2024-12-31 OC360523 frs-core:FurnitureFittings 2024-01-01 2024-12-31 OC360523 frs-core:FurnitureFittings 2023-12-31 OC360523 frs-core:NetGoodwill 2024-12-31 OC360523 frs-core:NetGoodwill 2024-01-01 2024-12-31 OC360523 frs-core:NetGoodwill 2023-12-31 OC360523 frs-core:InvestmentPropertyIncludedWithinPPE 2024-01-01 2024-12-31 OC360523 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 OC360523 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 OC360523 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 OC360523 frs-core:MotorVehicles 2024-12-31 OC360523 frs-core:MotorVehicles 2024-01-01 2024-12-31 OC360523 frs-core:MotorVehicles 2023-12-31 OC360523 frs-core:OtherResidualIntangibleAssets 2024-12-31 OC360523 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 OC360523 frs-core:OtherResidualIntangibleAssets 2023-12-31 OC360523 frs-core:PlantMachinery 2024-12-31 OC360523 frs-core:PlantMachinery 2024-01-01 2024-12-31 OC360523 frs-core:PlantMachinery 2023-12-31 OC360523 frs-core:WithinOneYear 2024-12-31 OC360523 frs-bus:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC360523 frs-bus:LimitedLiabilityPartnershipsSORP 2024-01-01 2024-12-31 OC360523 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 OC360523 frs-bus:SmallEntities 2024-01-01 2024-12-31 OC360523 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC360523 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 OC360523 frs-countries:EnglandWales 2024-01-01 2024-12-31 OC360523 frs-bus:PartnerLLP1 2024-01-01 2024-12-31 OC360523 frs-bus:PartnerLLP2 2024-01-01 2024-12-31 OC360523 frs-bus:PartnerLLP3 2024-01-01 2024-12-31 OC360523 frs-bus:PartnerLLP4 2024-01-01 2024-12-31 OC360523 frs-bus:PartnerLLP5 2024-01-01 2024-12-31 OC360523 2022-12-31 OC360523 2023-12-31 OC360523 2023-01-01 2023-12-31 OC360523 frs-core:CurrentFinancialInstruments 2023-12-31 OC360523 frs-core:Non-currentFinancialInstruments 2023-12-31 OC360523 frs-core:BetweenOneFiveYears 2023-12-31 OC360523 frs-core:WithinOneYear 2023-12-31
Registered number: OC360523
Lancastria LLP
Unaudited Financial Statements
For The Year Ended 31 December 2024
Montacs
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: OC360523
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 40,618 2,830
Tangible Assets 5 1,451,143 1,103,486
1,491,761 1,106,316
CURRENT ASSETS
Stocks 6 459,768 486,911
Debtors 7 938,080 928,164
Cash at bank and in hand 977,256 799,053
2,375,104 2,214,128
Creditors: Amounts Falling Due Within One Year 8 (619,789 ) (621,549 )
NET CURRENT ASSETS (LIABILITIES) 1,755,315 1,592,579
TOTAL ASSETS LESS CURRENT LIABILITIES 3,247,076 2,698,895
Creditors: Amounts Falling Due After More Than One Year 9 (255,132 ) (123,454 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (7,301 ) (7,301 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,984,643 2,568,140
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 2,984,641 2,568,138
2,984,641 2,568,138
Equity
Members' other interests
Other reserves 2 2
2 2
2,984,643 2,568,140
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 2,984,641 2,568,138
Members' other interests 2 2
2,984,643 2,568,140
Page 1
Page 2
For the year ending 31 December 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
Neil A Simpson Unlimited
Designated Member
03/03/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lancastria LLP is a limited liability partnership, incorporated in England & Wales, registered number OC360523 . The Registered Office is Unit J Woodrow Way, Irlam, Manchester, M44 6ZQ.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortised to profit and loss account over its estimated economic life
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.6. 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:
Leasehold Held at cost
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 15% Reducing Balance
2.7. 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.
Page 3
Page 4
2.8. 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.
2.9. 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 as follows:
2024 2023
Office and administration 14 13
14 13
4. Intangible Assets
Goodwill Other Development Costs Intellectual Property Total
£ £ £ £ £
Cost
As at 1 January 2024 117,318 5 6,997 - 124,320
Additions - - - 48,000 48,000
As at 31 December 2024 117,318 5 6,997 48,000 172,320
Amortisation
As at 1 January 2024 117,318 3 4,169 - 121,490
Provided during the period - - 612 9,600 10,212
As at 31 December 2024 117,318 3 4,781 9,600 131,702
Net Book Value
As at 31 December 2024 - 2 2,216 38,400 40,618
As at 1 January 2024 - 2 2,828 - 2,830
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2024 - 1,584,627 151,700 56,085
Additions 11,353 548,282 - 13,139
Disposals - - (15,750 ) -
As at 31 December 2024 11,353 2,132,909 135,950 69,224
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 January 2024 - 634,850 43,509 42,745
Provided during the period - 175,306 27,047 3,883
Disposals - - (656 ) -
As at 31 December 2024 - 810,156 69,900 46,628
Net Book Value
As at 31 December 2024 11,353 1,322,753 66,050 22,596
As at 1 January 2024 - 949,777 108,191 13,340
Computer Equipment Total
£ £
Cost
As at 1 January 2024 47,079 1,839,491
Additions 1,095 573,869
Disposals - (15,750 )
As at 31 December 2024 48,174 2,397,610
Depreciation
As at 1 January 2024 14,901 736,005
Provided during the period 4,882 211,118
Disposals - (656 )
As at 31 December 2024 19,783 946,467
Net Book Value
As at 31 December 2024 28,391 1,451,143
As at 1 January 2024 32,178 1,103,486
6. Stocks
2024 2023
£ £
Stock 459,768 486,911
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 887,191 884,941
Other debtors 50,889 43,223
938,080 928,164
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 247,083 167,968
Trade creditors 352,183 379,331
Bank loans and overdrafts 5,690 3,779
Other creditors 3,261 3,261
Taxation and social security 11,572 67,210
619,789 621,549
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 255,132 123,454
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 247,083 167,968
Later than one year and not later than five years 255,132 123,454
502,215 291,422
502,215 291,422
Page 6