Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 OC345823 Richard Sullivan Limited Mr R Sullivan Miss L Barber iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC345823 2023-06-30 OC345823 2024-06-30 OC345823 2023-07-01 2024-06-30 OC345823 frs-core:CurrentFinancialInstruments 2024-06-30 OC345823 frs-core:Non-currentFinancialInstruments 2024-06-30 OC345823 frs-core:NetGoodwill 2024-06-30 OC345823 frs-core:NetGoodwill 2023-07-01 2024-06-30 OC345823 frs-core:NetGoodwill 2023-06-30 OC345823 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 OC345823 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 OC345823 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 OC345823 frs-core:PlantMachinery 2024-06-30 OC345823 frs-core:PlantMachinery 2023-07-01 2024-06-30 OC345823 frs-core:PlantMachinery 2023-06-30 OC345823 frs-bus:LimitedLiabilityPartnershipLLP 2023-07-01 2024-06-30 OC345823 frs-bus:LimitedLiabilityPartnershipsSORP 2023-07-01 2024-06-30 OC345823 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 OC345823 frs-bus:SmallEntities 2023-07-01 2024-06-30 OC345823 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 OC345823 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 OC345823 frs-countries:EnglandWales 2023-07-01 2024-06-30 OC345823 frs-bus:PartnerLLP1 2023-07-01 2024-06-30 OC345823 frs-bus:PartnerLLP2 2023-07-01 2024-06-30 OC345823 frs-bus:PartnerLLP3 2023-07-01 2024-06-30 OC345823 2022-06-30 OC345823 2023-06-30 OC345823 2022-07-01 2023-06-30 OC345823 frs-core:CurrentFinancialInstruments 2023-06-30 OC345823 frs-core:Non-currentFinancialInstruments 2023-06-30
Registered number: OC345823
Barnard Sampson LLP
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC345823
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 266,620 308,971
Tangible Assets 5 5,735 7,088
272,355 316,059
CURRENT ASSETS
Debtors 6 138,033 124,115
Cash at bank and in hand 104,163 95,997
242,196 220,112
Creditors: Amounts Falling Due Within One Year 7 (110,687 ) (119,135 )
NET CURRENT ASSETS (LIABILITIES) 131,509 100,977
TOTAL ASSETS LESS CURRENT LIABILITIES 403,864 417,036
Creditors: Amounts Falling Due After More Than One Year 8 - (60,000 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 403,864 357,036
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 343,864 297,036
343,864 297,036
Equity
Members' other interests
Members' capital 60,000 60,000
60,000 60,000
403,864 357,036
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 343,864 297,036
Members' other interests 60,000 60,000
403,864 357,036
Page 1
Page 2
For the year 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
Mr R Sullivan
Designated Member
Miss L Barber
Designated Member
26 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Barnard Sampson LLP is a limited liability partnership, incorporated in England & Wales, registered number OC345823 . The Registered Office is Ultuna, Borrow Road, Lowestoft, Suffolk, NR32 3PW.
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 of between 10 and 20 years.
2.4. 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 20% on cost
Plant & Machinery 20% and 25% on cost
2.5. 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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 10 (2023: 9)
10 9
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 584,299
As at 30 June 2024 584,299
Amortisation
As at 1 July 2023 275,328
Provided during the period 42,351
As at 30 June 2024 317,679
Net Book Value
As at 30 June 2024 266,620
As at 1 July 2023 308,971
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 July 2023 3,235 93,598 96,833
Additions - 2,439 2,439
As at 30 June 2024 3,235 96,037 99,272
Depreciation
As at 1 July 2023 2,588 87,157 89,745
Provided during the period 647 3,145 3,792
As at 30 June 2024 3,235 90,302 93,537
Net Book Value
As at 30 June 2024 - 5,735 5,735
As at 1 July 2023 647 6,441 7,088
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 109,039 105,588
Amounts recoverable on contracts 18,847 5,884
Prepayments and accrued income 10,036 12,316
Other debtors 111 327
138,033 124,115
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,345 5,905
Other taxes and social security 2,121 2,701
VAT 38,466 34,718
Other creditors 63,755 75,811
110,687 119,135
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 60,000
Page 5