Acorah Software Products - Accounts Production 16.3.350 false true false 12 May 2023 31 May 2024 31 May 2024 OC447294 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC447294 2023-05-11 OC447294 2024-05-31 OC447294 2023-05-12 2024-05-31 OC447294 frs-bus:LimitedLiabilityPartnershipLLP 2023-05-12 2024-05-31 OC447294 frs-bus:LimitedLiabilityPartnershipsSORP 2023-05-12 2024-05-31 OC447294 frs-bus:FilletedAccounts 2023-05-12 2024-05-31 OC447294 frs-bus:SmallEntities 2023-05-12 2024-05-31 OC447294 frs-bus:AuditExempt-NoAccountantsReport 2023-05-12 2024-05-31 OC447294 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-12 2024-05-31 OC447294 frs-countries:EnglandWales 2023-05-12 2024-05-31 OC447294 frs-bus:PartnerLLP1 2023-05-12 2024-05-31
Registered number: OC447294
Donkov Rental Properties LLP
Unaudited Financial Statements
For the Period 12 May 2023 to 31 May 2024
Kibworth Tax Services Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC447294
31 May 2024
Notes £ £
For the period ending 31 May 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 Borislav Krastamov Donkov
Partner
12/05/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Donkov Rental Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC447294 . The Registered Office is 22 Woburn Close, London, England, SE28 8QZ.
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.
The business was incorporated as a Limited company on 10th May 2024.
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 period was: 2
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