Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 OC412724 MGC Surgical Services Limited Lidder Surgical Services Ltd Kernow Surgeons Ltd Cornwall Urology Clinic Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC412724 2023-07-31 OC412724 2024-07-31 OC412724 2023-08-01 2024-07-31 OC412724 frs-core:CurrentFinancialInstruments 2024-07-31 OC412724 frs-bus:LimitedLiabilityPartnershipLLP 2023-08-01 2024-07-31 OC412724 frs-bus:LimitedLiabilityPartnershipsSORP 2023-08-01 2024-07-31 OC412724 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 OC412724 frs-bus:SmallEntities 2023-08-01 2024-07-31 OC412724 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 OC412724 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 OC412724 frs-countries:EnglandWales 2023-08-01 2024-07-31 OC412724 frs-bus:PartnerLLP1 2023-08-01 2024-07-31 OC412724 frs-bus:PartnerLLP2 2023-08-01 2024-07-31 OC412724 frs-bus:PartnerLLP3 2023-08-01 2024-07-31 OC412724 frs-bus:PartnerLLP4 2023-08-01 2024-07-31 OC412724 2022-07-31 OC412724 2023-07-31 OC412724 2022-08-01 2023-07-31 OC412724 frs-core:CurrentFinancialInstruments 2023-07-31
Registered number: OC412724
Kernow Surgical LLP
Unaudited Financial Statements
For The Year Ended 31 July 2024
Abbotswood
Trevear House, Old County Court
Alverton Terrace
Penzance
Cornwall
TR18 4GH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC412724
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 60,657 40,876
60,657 40,876
Creditors: Amounts Falling Due Within One Year 4 (4,671 ) (17,533 )
NET CURRENT ASSETS (LIABILITIES) 55,986 23,343
TOTAL ASSETS LESS CURRENT LIABILITIES 55,986 23,343
NET ASSETS ATTRIBUTABLE TO MEMBERS 55,986 23,343
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 53,486 20,843
53,486 20,843
Equity
Members' other interests
Other reserves 2,500 2,500
2,500 2,500
55,986 23,343
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 53,486 20,843
Members' other interests 2,500 2,500
55,986 23,343
Page 1
Page 2
For the year ending 31 July 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
Kernow Surgeons Ltd
Designated Member
19th December 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kernow Surgical LLP is a limited liability partnership, incorporated in England & Wales, registered number OC412724 . The Registered Office is Trevear House Old County Court, Alverton Terrace, Penzance, Cornwall, TR18 4GH.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,483 16,345
Accruals and deferred income 1,188 1,188
4,671 17,533
Page 3