Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC313811 Ms Maria Conti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC313811 2024-03-31 OC313811 2025-03-31 OC313811 2024-04-01 2025-03-31 OC313811 frs-core:CurrentFinancialInstruments 2025-03-31 OC313811 frs-core:ComputerEquipment 2025-03-31 OC313811 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC313811 frs-core:ComputerEquipment 2024-03-31 OC313811 frs-core:FurnitureFittings 2025-03-31 OC313811 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC313811 frs-core:FurnitureFittings 2024-03-31 OC313811 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC313811 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC313811 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC313811 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC313811 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC313811 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC313811 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC313811 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC313811 2023-03-31 OC313811 2024-03-31 OC313811 2023-04-01 2024-03-31 OC313811 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: OC313811
J S & Co Limited Liability Partnership
Unaudited Financial Statements
For The Year Ended 31 March 2025
J S & Co LLP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the partners on the preparation of the unaudited statutory accounts of J S & Co Limited Liability Partnership for the year ended 31 March 2025
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 prepared for your approval the accounts of J S & Co Limited Liability Partnership which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the partnership’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the partners of J S & Co Limited Liability Partnership, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of J S & Co Limited Liability Partnership and state those matters that we have agreed to state to the partners of J S & Co Limited Liability Partnership, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J S & Co Limited Liability Partnership and its partners as a body for our work or for this report.
It is your duty to ensure that J S & Co Limited Liability Partnership has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of J S & Co Limited Liability Partnership. You consider that J S & Co Limited Liability Partnership is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of J S & Co Limited Liability Partnership. 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.
12/05/2025
J S & Co LLP
1st Floor 18 Queens Road
Church Street Entrance
Brighton
East Sussex
BN1 3XA
Page 1
Page 2
Balance Sheet
Registered number: OC313811
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,105
- 1,105
CURRENT ASSETS
Debtors 5 1,192,427 1,325,988
Cash at bank and in hand 7,652 11,386
1,200,079 1,337,374
Creditors: Amounts Falling Due Within One Year 6 (228 ) (1,337,979 )
NET CURRENT ASSETS (LIABILITIES) 1,199,851 (605 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,199,851 500
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,199,851 500
REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability 1,199,351 -
1,199,351 -
Equity
Members' other interests
Members' capital 500 500
500 500
1,199,851 500
TOTAL MEMBERS' INTEREST
Amounts due from members (1,192,273) (956,232)
Loans and other debts due to members 1,199,351 -
Members' other interests 500 500
7,578 (955,732)
Page 2
Page 3
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
Ms Maria Conti
Designated Member
12/05/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
J S & Co Limited Liability Partnership is a limited liability partnership, incorporated in England & Wales, registered number OC313811 . The Registered Office is 1st Floor 18 Queens Road, Brighton, East Sussex, BN1 3XA.
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:
Office equipment 20% reducing balance
Computer Equipment 20% reducing balance
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. Tangible Assets
Office equipment Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 8,030 9,618 17,648
Disposals (8,030 ) (9,618 ) (17,648 )
As at 31 March 2025 - - -
Depreciation
As at 1 April 2024 7,635 8,908 16,543
Disposals (7,635 ) (8,908 ) (16,543 )
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 - - -
As at 1 April 2024 395 710 1,105
Page 4
Page 5
Cost or valuation as at 31 March 2025 represented by:
Office equipment Computer Equipment Total
£ £ £
- - -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 154 30,895
Amounts recoverable on contracts - 320,000
Other debtors 1,192,273 975,093
1,192,427 1,325,988
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors - 1,337,120
Taxation and social security 228 859
228 1,337,979
Page 5