Acorah Software Products - Accounts Production 16.3.350 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 OC377426 Mr N Madlani Mr B Lakhani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC377426 2024-04-05 OC377426 2025-04-05 OC377426 2024-04-06 2025-04-05 OC377426 frs-core:CurrentFinancialInstruments 2025-04-05 OC377426 frs-core:Non-currentFinancialInstruments 2025-04-05 OC377426 frs-core:InvestmentPropertyIncludedWithinPPE 2025-04-05 OC377426 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-05 OC377426 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC377426 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC377426 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 OC377426 frs-bus:SmallEntities 2024-04-06 2025-04-05 OC377426 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC377426 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC377426 frs-core:CurrentFinancialInstruments 1 2025-04-05 OC377426 frs-countries:EnglandWales 2024-04-06 2025-04-05 OC377426 frs-bus:PartnerLLP1 2024-04-06 2025-04-05 OC377426 frs-bus:PartnerLLP2 2024-04-06 2025-04-05 OC377426 2023-04-05 OC377426 2024-04-05 OC377426 2023-04-06 2024-04-05 OC377426 frs-core:CurrentFinancialInstruments 2024-04-05 OC377426 frs-core:Non-currentFinancialInstruments 2024-04-05 OC377426 frs-core:CurrentFinancialInstruments 1 2024-04-05
Registered number: OC377426
Colonial Club Investments LLP
Unaudited Financial Statements
For The Year Ended 5 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC377426
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 654,350 654,350
654,350 654,350
CURRENT ASSETS
Cash at bank and in hand 9,526 3,000
9,526 3,000
Creditors: Amounts Falling Due Within One Year 6 (16,117 ) (31,873 )
NET CURRENT ASSETS (LIABILITIES) (6,591 ) (28,873 )
TOTAL ASSETS LESS CURRENT LIABILITIES 647,759 625,477
Creditors: Amounts Falling Due After More Than One Year 7 (13,092 ) (37,544 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 634,667 587,933
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 458,267 411,533
458,267 411,533
Equity
Members' other interests
Other reserves 176,400 176,400
176,400 176,400
634,667 587,933
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 458,267 411,533
Members' other interests 176,400 176,400
634,667 587,933
Page 1
Page 2
For the year ending 5 April 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 B Lakhani
Designated Member
21 May 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
Colonial Club Investments LLP is a limited liability partnership, incorporated in England & Wales, registered number OC377426 . The Registered Office is High Gable, Hazel Grove, Orpington, BR6 8LU.
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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 8 (2024: 8)
8 8
4. Tangible Assets
Investment Properties
£
Cost
As at 6 April 2024 654,350
As at 5 April 2025 654,350
Net Book Value
As at 5 April 2025 654,350
As at 6 April 2024 654,350
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 5,410 18,893
Other creditors 287 287
Other creditors (1) 7,000 7,000
Accruals and deferred income 3,420 5,693
16,117 31,873
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 13,092 37,544
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against the investment property and rank above other creditors in preference of repayment.
2025 2024
£ £
Bank loans and overdrafts 18,502 56,437
Page 4