Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 September 2023 false 1 April 2024 31 March 2025 31 March 2025 OC366494 Mr Dan Bernard Ms Anne Cullen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC366494 2024-03-31 OC366494 2025-03-31 OC366494 2024-04-01 2025-03-31 OC366494 frs-core:CurrentFinancialInstruments 2025-03-31 OC366494 frs-core:FurnitureFittings 2025-03-31 OC366494 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC366494 frs-core:FurnitureFittings 2024-03-31 OC366494 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC366494 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC366494 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC366494 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC366494 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC366494 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC366494 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC366494 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC366494 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC366494 2023-08-31 OC366494 2024-03-31 OC366494 2023-09-01 2024-03-31 OC366494 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: OC366494
Shadow Horse Partners LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
AccountAbel Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC366494
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 482 -
482 -
CURRENT ASSETS
Stocks 5 57,907 58,696
Debtors 6 2,047 1,631
Cash at bank and in hand 6,528 8,943
66,482 69,270
Creditors: Amounts Falling Due Within One Year 7 (4,498 ) (5,724 )
NET CURRENT ASSETS (LIABILITIES) 61,984 63,546
TOTAL ASSETS LESS CURRENT LIABILITIES 62,466 63,546
NET ASSETS ATTRIBUTABLE TO MEMBERS 62,466 63,546
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 62,466 63,546
62,466 63,546
62,466 63,546
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 62,466 63,546
62,466 63,546
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 Dan Bernard
Designated Member
16 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
Shadow Horse Partners LLP is a limited liability partnership, incorporated in England & Wales, registered number OC366494 . The Registered Office is 5 Pound Lane, Marlow, Buckinghamshire, SL7 2AE.
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.

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:
Fixtures & Fittings 50% on cost
2.4. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 4,852
Additions 965
As at 31 March 2025 5,817
Depreciation
As at 1 April 2024 4,852
Provided during the period 483
As at 31 March 2025 5,335
Net Book Value
As at 31 March 2025 482
As at 1 April 2024 -
Page 3
Page 4
5. Stocks
31 March 2025 31 March 2024
£ £
Stock 57,907 58,696
6. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Prepayments and accrued income 293 1,186
VAT 1,754 445
2,047 1,631
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 1,819 2,780
Other taxes and social security 1,093 1,817
Net wages 76 77
Other creditors 560 350
Accruals and deferred income 950 700
4,498 5,724
Page 4