Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 November 2022 false 1 April 2024 31 March 2025 31 March 2025 OC424570 Mr Michael Albers Mr Fabian Birgfeld iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC424570 2024-03-31 OC424570 2025-03-31 OC424570 2024-04-01 2025-03-31 OC424570 frs-core:CurrentFinancialInstruments 2025-03-31 OC424570 frs-core:ComputerEquipment 2025-03-31 OC424570 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC424570 frs-core:ComputerEquipment 2024-03-31 OC424570 frs-core:FurnitureFittings 2025-03-31 OC424570 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC424570 frs-core:FurnitureFittings 2024-03-31 OC424570 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 OC424570 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 OC424570 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC424570 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC424570 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC424570 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC424570 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC424570 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC424570 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC424570 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC424570 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC424570 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC424570 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC424570 2022-10-31 OC424570 2024-03-31 OC424570 2022-11-01 2024-03-31 OC424570 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: OC424570
FBMA LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Harris & Company (C.A.) Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC424570
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,994,864 2,999,871
2,994,864 2,999,871
CURRENT ASSETS
Debtors 5 154,943 49,599
Cash at bank and in hand 21,887 43,777
176,830 93,376
Creditors: Amounts Falling Due Within One Year 6 (152,093 ) (155,484 )
NET CURRENT ASSETS (LIABILITIES) 24,737 (62,108 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,019,601 2,937,763
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,019,601 2,937,763
REPRESENTED BY:
Loans and other debts due to members
Other amounts 352,458 270,620
352,458 270,620
Equity
Members' other interests
Members' capital 2,667,143 2,667,143
2,667,143 2,667,143
3,019,601 2,937,763
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 352,458 270,620
Members' other interests 2,667,143 2,667,143
3,019,601 2,937,763
Page 1
Page 2
For the year ending 31 March 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
Mr Fabian Birgfeld
Designated Member
11 April 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
FBMA LLP is a limited liability partnership, incorporated in England & Wales, registered number OC424570 . The Registered Office is 75 Bayham Street, London, NW1 0AA.
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 None
Leasehold None
Fixtures & Fittings 25% straightline
Computer Equipment 50% straightline
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 2,994,064 99,696 20,231 3,113,991
As at 31 March 2025 2,994,064 99,696 20,231 3,113,991
Depreciation
As at 1 April 2024 - 97,323 16,797 114,120
Provided during the period - 2,342 2,665 5,007
As at 31 March 2025 - 99,665 19,462 119,127
Net Book Value
As at 31 March 2025 2,994,064 31 769 2,994,864
As at 1 April 2024 2,994,064 2,373 3,434 2,999,871
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors 114,996 9,782
Other debtors 39,947 39,817
154,943 49,599
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 41,422 47,172
Other creditors 91,250 91,000
Taxation and social security 19,421 17,312
152,093 155,484
Page 4