Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 OC347839 Mr Brian Witcomb Mr Simon Witcomb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC347839 2023-12-31 OC347839 2024-12-31 OC347839 2024-01-01 2024-12-31 OC347839 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 OC347839 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 OC347839 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 OC347839 frs-bus:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC347839 frs-bus:LimitedLiabilityPartnershipsSORP 2024-01-01 2024-12-31 OC347839 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 OC347839 frs-bus:SmallEntities 2024-01-01 2024-12-31 OC347839 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC347839 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 OC347839 frs-countries:EnglandWales 2024-01-01 2024-12-31 OC347839 frs-bus:PartnerLLP1 2024-01-01 2024-12-31 OC347839 frs-bus:PartnerLLP2 2024-01-01 2024-12-31 OC347839 2022-12-31 OC347839 2023-12-31 OC347839 2023-01-01 2023-12-31
Registered number: OC347839
Sbw Partnership Llp
Unaudited Financial Statements
For The Year Ended 31 December 2024
JHB Accountancy Services
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC347839
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,248,000 1,248,000
1,248,000 1,248,000
CURRENT ASSETS
Cash at bank and in hand 666 666
666 666
NET CURRENT ASSETS (LIABILITIES) 666 666
TOTAL ASSETS LESS CURRENT LIABILITIES 1,248,666 1,248,666
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,248,666 1,248,666
REPRESENTED BY:
Equity
Members' other interests
Members' capital 1,248,666 1,248,666
1,248,666 1,248,666
TOTAL MEMBERS' INTEREST
Members' other interests 1,248,666 1,248,666
1,248,666 1,248,666
For the year ending 31 December 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
Mr Brian Witcomb
Designated Member
17th June 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sbw Partnership Llp is a limited liability partnership, incorporated in England & Wales, registered number OC347839 . The Registered Office is 23-31 Bramley Road, London, W10 6SZ.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 January 2024 1,248,000
As at 31 December 2024 1,248,000
Net Book Value
As at 31 December 2024 1,248,000
As at 1 January 2024 1,248,000
Page 2