Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 23 January 2023 false 1 February 2024 31 January 2025 31 January 2025 OC445486 Elizaveta Shatilova Aleksandr Zavialov iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC445486 2024-01-31 OC445486 2025-01-31 OC445486 2024-02-01 2025-01-31 OC445486 frs-bus:LimitedLiabilityPartnershipLLP 2024-02-01 2025-01-31 OC445486 frs-bus:LimitedLiabilityPartnershipsSORP 2024-02-01 2025-01-31 OC445486 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 OC445486 frs-bus:SmallEntities 2024-02-01 2025-01-31 OC445486 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 OC445486 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 OC445486 frs-countries:EnglandWales 2024-02-01 2025-01-31 OC445486 frs-bus:PartnerLLP1 2024-02-01 2025-01-31 OC445486 frs-bus:PartnerLLP2 2024-02-01 2025-01-31 OC445486 2023-01-22 OC445486 2024-01-31 OC445486 2023-01-23 2024-01-31
Registered number: OC445486
Lovel App LLP
Unaudited Financial Statements
For The Year Ended 31 January 2025
Wizz Accounting Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC445486
31 January 2025 31 January 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 224 -
224 -
NET CURRENT ASSETS (LIABILITIES) 224 -
TOTAL ASSETS LESS CURRENT LIABILITIES 224 -
NET ASSETS ATTRIBUTABLE TO MEMBERS 224 -
REPRESENTED BY:
Equity
Members' other interests
Members' capital 996 -
Other reserves (772) -
224 -
TOTAL MEMBERS' INTEREST
Members' other interests 224 -
224 -
For the year ending 31 January 2025 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
Aleksandr Zavialov
Designated Member
6 March 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Lovel App LLP is a limited liability partnership, incorporated in England & Wales, registered number OC445486 . The Registered Office is 128 City Road, London, EC1V 2NX.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
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Page 2