Acorah Software Products - Accounts Production 16.1.300 false true true 31 March 2023 30 March 2022 false 1 April 2023 31 March 2024 31 March 2024 OC441736 Mr Simone Nanni Co. SN GROUP FZE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC441736 2023-03-31 OC441736 2024-03-31 OC441736 2023-04-01 2024-03-31 OC441736 frs-core:CurrentFinancialInstruments 2024-03-31 OC441736 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC441736 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC441736 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC441736 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC441736 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC441736 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC441736 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC441736 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC441736 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC441736 2022-03-29 OC441736 2023-03-31 OC441736 2022-03-30 2023-03-31 OC441736 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC441736
SN Ecommerce LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
OnTheGo Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC441736
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 615,859 1,475,690
Cash at bank and in hand 31,084 39,899
646,943 1,515,589
Creditors: Amounts Falling Due Within One Year 5 (874,903 ) (24,393 )
NET CURRENT ASSETS (LIABILITIES) (227,960 ) 1,491,196
TOTAL ASSETS LESS CURRENT LIABILITIES (227,960 ) 1,491,196
NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS (227,960 ) 1,491,196
REPRESENTED BY:
Loans and other debts due to members
Other amounts 64,969 1,784,125
64,969 1,784,125
Equity
Members' other interests
Members' capital (292,929) (292,929)
(292,929) (292,929)
(227,960) 1,491,196
TOTAL MEMBERS' INTEREST
Amounts due from members (74,805) -
Loans and other debts due to members 64,969 1,784,125
Members' other interests (292,929) (292,929)
(302,765) 1,491,196
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 Simone Nanni
Designated Member
09/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SN Ecommerce LLP is a limited liability partnership, incorporated in England & Wales, registered number OC441736 . 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. Going Concern Disclosure
The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.
2.3. 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. 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.
2.4. 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: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 316,497 40,714
Other debtors 299,362 1,434,976
615,859 1,475,690
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Other creditors 874,902 5,000
Taxation and social security - 19,393
874,903 24,393
Page 3