Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 OC420796 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC420796 2024-01-31 OC420796 2025-01-31 OC420796 2024-02-01 2025-01-31 OC420796 frs-core:CurrentFinancialInstruments 2025-01-31 OC420796 frs-core:Non-currentFinancialInstruments 2025-01-31 OC420796 frs-core:FurnitureFittings 2025-01-31 OC420796 frs-core:FurnitureFittings 2024-02-01 2025-01-31 OC420796 frs-core:FurnitureFittings 2024-01-31 OC420796 frs-core:PlantMachinery 2025-01-31 OC420796 frs-core:PlantMachinery 2024-02-01 2025-01-31 OC420796 frs-core:PlantMachinery 2024-01-31 OC420796 frs-bus:LimitedLiabilityPartnershipLLP 2024-02-01 2025-01-31 OC420796 frs-bus:LimitedLiabilityPartnershipsSORP 2024-02-01 2025-01-31 OC420796 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 OC420796 frs-bus:SmallEntities 2024-02-01 2025-01-31 OC420796 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 OC420796 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 OC420796 frs-countries:EnglandWales 2024-02-01 2025-01-31 OC420796 frs-bus:PartnerLLP1 2024-02-01 2025-01-31 OC420796 frs-bus:PartnerLLP2 2024-02-01 2025-01-31 OC420796 2023-01-31 OC420796 2024-01-31 OC420796 2023-02-01 2024-01-31 OC420796 frs-core:CurrentFinancialInstruments 2024-01-31 OC420796 frs-core:Non-currentFinancialInstruments 2024-01-31
Registered number: OC420796
Nine Streets Coffee LLP
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC420796
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,908 2,055
1,908 2,055
CURRENT ASSETS
Stocks 5 1,800 2,250
Debtors 6 50,042 37,838
Cash at bank and in hand 6,211 3,039
58,053 43,127
Creditors: Amounts Falling Due Within One Year 7 (43,889 ) (26,491 )
NET CURRENT ASSETS (LIABILITIES) 14,164 16,636
TOTAL ASSETS LESS CURRENT LIABILITIES 16,072 18,691
Creditors: Amounts Falling Due After More Than One Year 8 (4,333 ) (6,333 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 11,739 12,358
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 3,701 4,320
3,701 4,320
Equity
Members' other interests
Other reserves 8,038 8,038
8,038 8,038
11,739 12,358
TOTAL MEMBERS' INTEREST
Amounts due from members (50,042) (37,838)
Loans and other debts due to members within one year 3,701 4,320
Members' other interests 8,038 8,038
(38,303) (25,480)
Page 1
Page 2
For the year ending 31 January 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
Mrs Hazel Abbott
Partner
Mr Stuart Abbott
Partner
06/06/2025
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
Nine Streets Coffee LLP is a limited liability partnership, incorporated in England & Wales, registered number OC420796 . The Registered Office is 42-44 Earsdon Road, Monkseaton, Whitley Bay, Northumberland, NE25 9SU.
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.
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 20%
Fixtures & Fittings 20%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including members, during the year was as follows:  6 (2024: 7)
6 7
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2024 4,167 612 4,779
Additions - 329 329
As at 31 January 2025 4,167 941 5,108
Depreciation
As at 1 February 2024 2,425 299 2,724
Provided during the period 348 128 476
As at 31 January 2025 2,773 427 3,200
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2025 1,394 514 1,908
As at 1 February 2024 1,742 313 2,055
5. Stocks
2025 2024
£ £
Stock 1,800 2,250
6. Debtors
2025 2024
£ £
Due within one year
Amounts due from members 50,042 37,838
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,842 6,578
Other taxes and social security 553 259
VAT 33,836 15,944
Net wages 3,799 2,081
Accruals and deferred income 1,859 1,050
Payments on account - 579
43,889 26,491
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 4,333 6,333
Page 4