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 OC427541 Mr Darren Ridge Mrs Maria Ridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC427541 2024-03-31 OC427541 2025-03-31 OC427541 2024-04-01 2025-03-31 OC427541 frs-core:CurrentFinancialInstruments 2025-03-31 OC427541 frs-core:PlantMachinery 2025-03-31 OC427541 frs-core:PlantMachinery 2024-04-01 2025-03-31 OC427541 frs-core:PlantMachinery 2024-03-31 OC427541 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC427541 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC427541 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC427541 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC427541 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC427541 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC427541 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC427541 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC427541 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC427541 2023-03-31 OC427541 2024-03-31 OC427541 2023-04-01 2024-03-31 OC427541 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: OC427541
Tor Charters LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC427541
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,810,103 3,122,336
2,810,103 3,122,336
CURRENT ASSETS
Debtors 5 5,980 2,080
Cash at bank and in hand 4,647 4,351
10,627 6,431
Creditors: Amounts Falling Due Within One Year 6 (10,488 ) (999 )
NET CURRENT ASSETS (LIABILITIES) 139 5,432
TOTAL ASSETS LESS CURRENT LIABILITIES 2,810,242 3,127,768
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,810,242 3,127,768
REPRESENTED BY:
Loans and other debts due to members
Other amounts 2,810,242 3,127,768
2,810,242 3,127,768
2,810,242 3,127,768
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 2,810,242 3,127,768
2,810,242 3,127,768
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 Darren Ridge
Designated Member
3 June 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
Tor Charters LLP is a limited liability partnership, incorporated in England & Wales, registered number OC427541 . The Registered Office is Ridown Building Fulcrum 2 Solent Way, Whiteley, Fareham, Hampshire, PO15 7FN.
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, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & Machinery 10% on reducing balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 4,284,918
As at 31 March 2025 4,284,918
Depreciation
As at 1 April 2024 1,162,582
Provided during the period 312,233
As at 31 March 2025 1,474,815
Net Book Value
As at 31 March 2025 2,810,103
As at 1 April 2024 3,122,336
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 5,980 2,080
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,554 (1 )
Other loans 4,934 -
Other creditors - 1,000
10,488 999
Page 4