Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 August 2022 false 1 November 2023 31 October 2024 31 October 2024 NC001691 Mr Tyler McMaster Mrs Rebecca McMaster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NC001691 2023-10-31 NC001691 2024-10-31 NC001691 2023-11-01 2024-10-31 NC001691 frs-core:ComputerEquipment 2024-10-31 NC001691 frs-core:ComputerEquipment 2023-11-01 2024-10-31 NC001691 frs-core:ComputerEquipment 2023-10-31 NC001691 frs-core:FurnitureFittings 2024-10-31 NC001691 frs-core:FurnitureFittings 2023-11-01 2024-10-31 NC001691 frs-core:FurnitureFittings 2023-10-31 NC001691 frs-core:NetGoodwill 2024-10-31 NC001691 frs-core:NetGoodwill 2023-11-01 2024-10-31 NC001691 frs-core:NetGoodwill 2023-10-31 NC001691 frs-bus:LimitedLiabilityPartnershipLLP 2023-11-01 2024-10-31 NC001691 frs-bus:LimitedLiabilityPartnershipsSORP 2023-11-01 2024-10-31 NC001691 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 NC001691 frs-bus:SmallEntities 2023-11-01 2024-10-31 NC001691 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 NC001691 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 NC001691 frs-countries:EnglandWales 2023-11-01 2024-10-31 NC001691 frs-bus:PartnerLLP1 2023-11-01 2024-10-31 NC001691 frs-bus:PartnerLLP2 2023-11-01 2024-10-31 NC001691 2022-07-31 NC001691 2023-10-31 NC001691 2022-08-01 2023-10-31
Registered number: NC001691
OIJ Coaching LLP
Unaudited Financial Statements
For The Year Ended 31 October 2024
Proactive Chartered Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NC001691
31 October 2024 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,851 11,168
Tangible Assets 5 3,300 4,400
13,151 15,568
CURRENT ASSETS
Debtors 6 5,656 21,488
Cash at bank and in hand 2,769 8,036
8,425 29,524
Creditors: Amounts Falling Due Within One Year 7 (2,750 ) (2,750 )
NET CURRENT ASSETS (LIABILITIES) 5,675 26,774
TOTAL ASSETS LESS CURRENT LIABILITIES 18,826 42,342
NET ASSETS ATTRIBUTABLE TO MEMBERS 18,826 42,342
REPRESENTED BY:
Equity
Members' other interests
Members' capital (42,376) (21,829)
Other reserves 61,202 64,171
18,826 42,342
TOTAL MEMBERS' INTEREST
Amounts due from members (5,657) (2,688)
Members' other interests 18,826 42,342
13,169 39,654
Page 1
Page 2
For the year ending 31 October 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 Tyler McMaster
Designated Member
06/12/2024
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
OIJ Coaching LLP is a limited liability partnership, incorporated in England & Wales, registered number NC001691 . The Registered Office is 19 Arthur Street, Belfast, County Antrim, BT1 4GA.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 13,168
As at 31 October 2024 13,168
Amortisation
As at 1 November 2023 2,000
Provided during the period 1,317
As at 31 October 2024 3,317
Net Book Value
As at 31 October 2024 9,851
As at 1 November 2023 11,168
Page 3
Page 4
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 2,500 3,000 5,500
As at 31 October 2024 2,500 3,000 5,500
Depreciation
As at 1 November 2023 500 600 1,100
Provided during the period 500 600 1,100
As at 31 October 2024 1,000 1,200 2,200
Net Book Value
As at 31 October 2024 1,500 1,800 3,300
As at 1 November 2023 2,000 2,400 4,400
6. Debtors
31 October 2024 31 October 2023
£ £
Due within one year
Other debtors 5,656 21,488
7. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 October 2023
£ £
Other creditors 2,750 2,750
Page 4