Acorah Software Products - Accounts Production 16.1.300 false true 27 February 2023 28 February 2022 false 28 February 2023 30 June 2024 30 June 2024 OC361536 Grenfell James Associates Ltd Mr. E G James Mr D G Chandler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC361536 2023-02-27 OC361536 2024-06-30 OC361536 2023-02-28 2024-06-30 OC361536 frs-core:CurrentFinancialInstruments 2024-06-30 OC361536 frs-core:ComputerEquipment 2024-06-30 OC361536 frs-core:ComputerEquipment 2023-02-28 2024-06-30 OC361536 frs-core:ComputerEquipment 2023-02-27 OC361536 frs-bus:LimitedLiabilityPartnershipLLP 2023-02-28 2024-06-30 OC361536 frs-bus:LimitedLiabilityPartnershipsSORP 2023-02-28 2024-06-30 OC361536 frs-bus:FilletedAccounts 2023-02-28 2024-06-30 OC361536 frs-bus:SmallEntities 2023-02-28 2024-06-30 OC361536 frs-bus:AuditExempt-NoAccountantsReport 2023-02-28 2024-06-30 OC361536 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-28 2024-06-30 OC361536 frs-countries:EnglandWales 2023-02-28 2024-06-30 OC361536 frs-bus:PartnerLLP1 2023-02-28 2024-06-30 OC361536 frs-bus:PartnerLLP2 2023-02-28 2024-06-30 OC361536 frs-bus:PartnerLLP3 2023-02-28 2024-06-30 OC361536 2022-02-27 OC361536 2023-02-27 OC361536 2022-02-28 2023-02-27 OC361536 frs-core:CurrentFinancialInstruments 2023-02-27
Registered number: OC361536
Grenfell James Audit LLP
Unaudited Financial Statements
For the Period 28 February 2023 to 30 June 2024
Grenfell James Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC361536
30 June 2024 27 February 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 18,571 55,334
Cash at bank and in hand 616 297
19,187 55,631
Creditors: Amounts Falling Due Within One Year 6 (17,516 ) (53,950 )
NET CURRENT ASSETS (LIABILITIES) 1,671 1,681
TOTAL ASSETS LESS CURRENT LIABILITIES 1,671 1,681
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,671 1,681
REPRESENTED BY:
Loans and other debts due to members
Other amounts 1,671 1,681
1,671 1,681
1,671 1,681
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 1,671 1,681
1,671 1,681
Page 1
Page 2
For the period ending 30 June 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
Grenfell James Associates Ltd
Designated Member
17/03/2025
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
Grenfell James Audit LLP is a limited liability partnership, incorporated in England & Wales, registered number OC361536 . The Registered Office is 13 The Courtyard, Timothy's Bridge Road, Stratford upon Avon, Warwickshire, CV37 9NP.
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:
Computer Equipment 23% Straight Line Method
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: NIL (2023: )
- -
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 28 February 2023 940
As at 30 June 2024 940
Depreciation
As at 28 February 2023 940
As at 30 June 2024 940
Net Book Value
As at 30 June 2024 -
As at 28 February 2023 -
5. Debtors
30 June 2024 27 February 2023
£ £
Due within one year
Trade debtors 14,724 20,340
Other debtors 3,847 34,994
18,571 55,334
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 27 February 2023
£ £
Trade creditors 15,716 20,099
Other creditors 1,800 33,587
Taxation and social security - 264
17,516 53,950
Page 4