Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC407239 Mr J Paul Mr V Piganataro iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC407239 2023-03-31 OC407239 2024-03-31 OC407239 2023-04-01 2024-03-31 OC407239 frs-core:CurrentFinancialInstruments 2024-03-31 OC407239 frs-core:ComputerEquipment 2023-04-01 2024-03-31 OC407239 frs-core:FurnitureFittings 2024-03-31 OC407239 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC407239 frs-core:FurnitureFittings 2023-03-31 OC407239 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 OC407239 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 OC407239 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 OC407239 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC407239 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC407239 frs-core:PlantMachinery 2023-04-01 2024-03-31 OC407239 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC407239 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC407239 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC407239 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC407239 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC407239 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC407239 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC407239 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC407239 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC407239 2022-03-31 OC407239 2023-03-31 OC407239 2022-04-01 2023-03-31 OC407239 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC407239
JVD Properties LLP
Financial Statements
For The Year Ended 31 March 2024
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC407239
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36,811 37,614
36,811 37,614
CURRENT ASSETS
Cash at bank and in hand 10,192 28,408
10,192 28,408
Creditors: Amounts Falling Due Within One Year 5 (20,468 ) (20,468 )
NET CURRENT ASSETS (LIABILITIES) (10,276 ) 7,940
TOTAL ASSETS LESS CURRENT LIABILITIES 26,535 45,554
NET ASSETS ATTRIBUTABLE TO MEMBERS 26,535 45,554
REPRESENTED BY:
Loans and other debts due to members
Other amounts 22,228 -
22,228 -
Equity
Members' other interests
Members' capital (15,620) 25,627
Other reserves 19,927 19,927
4,307 45,554
26,535 45,554
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 22,228 -
Members' other interests 4,307 45,554
26,535 45,554
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 J Paul
Designated Member
12/03/2025
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
JVD Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC407239 . The Registered Office is .
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. 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:
Freehold 15
Leasehold 15
Plant & Machinery 15
Motor Vehicles 15
Fixtures & Fittings 15
Computer Equipment 15
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: )
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 32,258 14,244 46,502
As at 31 March 2024 32,258 14,244 46,502
Depreciation
As at 1 April 2023 - 8,888 8,888
Provided during the period - 803 803
As at 31 March 2024 - 9,691 9,691
Net Book Value
As at 31 March 2024 32,258 4,553 36,811
As at 1 April 2023 32,258 5,356 37,614
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Loan to Associates 11,700 11,700
Other creditors 8,768 8,768
20,468 20,468
Page 4