Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SO307017 Miss Elaine Turner Miss Lorna Magee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SO307017 2024-03-31 SO307017 2025-03-31 SO307017 2024-04-01 2025-03-31 SO307017 frs-core:CurrentFinancialInstruments 2025-03-31 SO307017 frs-core:PlantMachinery 2025-03-31 SO307017 frs-core:PlantMachinery 2024-04-01 2025-03-31 SO307017 frs-core:PlantMachinery 2024-03-31 SO307017 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 SO307017 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 SO307017 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SO307017 frs-bus:SmallEntities 2024-04-01 2025-03-31 SO307017 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SO307017 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SO307017 frs-countries:Scotland 2024-04-01 2025-03-31 SO307017 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 SO307017 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 SO307017 2023-03-31 SO307017 2024-03-31 SO307017 2023-04-01 2024-03-31 SO307017 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: SO307017
The Pilates Hub 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: SO307017
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,187 6,377
23,187 6,377
CURRENT ASSETS
Debtors 5 137,968 94,204
Cash at bank and in hand 20,267 4,032
158,235 98,236
Creditors: Amounts Falling Due Within One Year 6 (14,441 ) (2,563 )
NET CURRENT ASSETS (LIABILITIES) 143,794 95,673
TOTAL ASSETS LESS CURRENT LIABILITIES 166,981 102,050
NET ASSETS ATTRIBUTABLE TO MEMBERS 166,981 102,050
REPRESENTED BY:
Equity
Members' other interests
Other reserves 166,981 102,050
166,981 102,050
TOTAL MEMBERS' INTEREST
Amounts due from members (137,968) (94,204)
Members' other interests 166,981 102,050
29,013 7,846
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
Miss Elaine Turner
Designated Member
13th 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
The Pilates Hub LLP is a limited liability partnership, incorporated in Scotland, registered number SO307017 . The Registered Office is 18/2 Shore Place, Edinburgh, EH6 6SW.
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:
Plant & Machinery 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 14,826
Additions 24,539
As at 31 March 2025 39,365
Depreciation
As at 1 April 2024 8,449
Provided during the period 7,729
As at 31 March 2025 16,178
Net Book Value
As at 31 March 2025 23,187
As at 1 April 2024 6,377
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 137,968 94,204
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 46
Other creditors 11,526 200
Taxation and social security 2,914 2,317
14,441 2,563
Page 4