Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 true 1 April 2024 31 March 2025 31 March 2025 NC000587 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NC000587 2024-03-31 NC000587 2025-03-31 NC000587 2024-04-01 2025-03-31 NC000587 frs-core:CurrentFinancialInstruments 2025-03-31 NC000587 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 NC000587 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 NC000587 frs-bus:FullAccounts 2024-04-01 2025-03-31 NC000587 frs-bus:SmallEntities 2024-04-01 2025-03-31 NC000587 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 NC000587 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NC000587 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 NC000587 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NC000587 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 NC000587 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 NC000587 2023-03-31 NC000587 2024-03-31 NC000587 2023-04-01 2024-03-31 NC000587 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: NC000587
Urban Trek LLP
Members' Report and
Unaudited Financial Statements
For The Year Ended 31 March 2025
CG Accounts
Contents
Page
LLP Information 1
Members' Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6
Page 1
LLP Information
LLP Registration Number NC000587
Registered Office 29 Springmount rd
Ballygowan
BT23 6NF
Accountants CG Accounts
56 Drumreagh Road
Ballygowan
Newtownards
Down
BT23 6LD
Page 1
Page 2
Members' Report
The members present their report and the financial statements for the year ended 31 March 2025.
Principal Activity
The LLP's principal activity continues to be that of [ internet sales
Members
The designated members who held office during the year were as follows:
Mr Andrew Cosgrove
Denis Kelly
Statement of Members' Responsibilities
The members are responsible for preparing the financial statements in accordance with applicable law and regulations.Company law as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law as applied to Limited Liability Partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss for that period. In preparing the financial statements the members are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.
The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The members are responsible for the maintenance and integrity of the corporate and financial information included on the LLP's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Signed on behalf of the members by
Denis Kelly
Partner
17/04/2025
Page 2
Page 3
Accountant's Report
17/04/2025In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have compiled the financial statements of the LLP from the accounting records and information and explanations you have given to us.
This report is made to the partners in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the partners the financial statements that we have been engaged to compile, to report to the partners that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the partnership and the partners for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2025 your duty to ensure that the partnership has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the LLP is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
17/04/2025
CG Accounts
56 Drumreagh Road
Ballygowan
Newtownards
Down
BT23 6LD
Page 3
Page 4
Profit and Loss Account
2025 2024
Notes £ £
TURNOVER 141,033 277,959
Cost of sales (183,230 ) (260,009 )
GROSS (LOSS)/PROFIT (42,197 ) 17,950
Distribution costs (12,278 ) (36,902 )
Administrative expenses (1,800 ) (50,765 )
OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES (56,275 ) (69,717 )
Members' remuneration charged as an expense 146,975 146,975
PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS 90,700 77,258
The notes on page 6 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 391,332 335,057
391,332 335,057
Creditors: Amounts Falling Due Within One Year 5 (272,967 ) (216,692 )
NET CURRENT ASSETS (LIABILITIES) 118,365 118,365
TOTAL ASSETS LESS CURRENT LIABILITIES 118,365 118,365
NET ASSETS ATTRIBUTABLE TO MEMBERS 118,365 118,365
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 118,365 118,365
118,365 118,365
118,365 118,365
TOTAL MEMBERS' INTEREST
Amounts due from members (391,332) (335,057)
Loans and other debts due to members within one year 118,365 118,365
(272,967) (216,692)
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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
On behalf of the members
Denis Kelly
Partner
17/04/2025
The notes on page 6 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Urban Trek LLP is a limited liability partnership, incorporated in Northern Ireland, registered number NC000587 . The Registered Office is 29 Springmount rd, Ballygowan, BT23 6NF.
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: 3 (2024: 3)
3 3
4. Debtors
2025 2024
£ £
Due within one year
Amounts due from members 391,332 335,057
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 272,967 216,692
Page 6