Acorah Software Products - Accounts Production 16.3.350 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 OC308515 Mr R A Lovatt Mr J F Hodgkins Mr P Ward Mr J J Lovatt Mr M Lovatt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC308515 2024-04-05 OC308515 2025-04-05 OC308515 2024-04-06 2025-04-05 OC308515 frs-core:ComputerEquipment 2025-04-05 OC308515 frs-core:ComputerEquipment 2024-04-06 2025-04-05 OC308515 frs-core:ComputerEquipment 2024-04-05 OC308515 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC308515 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC308515 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 OC308515 frs-bus:SmallEntities 2024-04-06 2025-04-05 OC308515 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC308515 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC308515 frs-countries:EnglandWales 2024-04-06 2025-04-05 OC308515 frs-bus:PartnerLLP1 2024-04-06 2025-04-05 OC308515 frs-bus:PartnerLLP2 2024-04-06 2025-04-05 OC308515 frs-bus:PartnerLLP3 2024-04-06 2025-04-05 OC308515 frs-bus:PartnerLLP4 2024-04-06 2025-04-05 OC308515 frs-bus:PartnerLLP5 2024-04-06 2025-04-05 OC308515 2023-04-05 OC308515 2024-04-05 OC308515 2023-04-06 2024-04-05
Registered number: OC308515
Astute Financial Solutions LLP
Financial Statements
For The Year Ended 5 April 2025
RT Accountancy Services Limited
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: OC308515
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 339 -
339 -
CURRENT ASSETS
Debtors 5 1,498 2,262
Cash at bank and in hand 71,285 75,742
72,783 78,004
Creditors: Amounts Falling Due Within One Year 6 (2,252 ) (2,222 )
NET CURRENT ASSETS (LIABILITIES) 70,531 75,782
TOTAL ASSETS LESS CURRENT LIABILITIES 70,870 75,782
NET ASSETS ATTRIBUTABLE TO MEMBERS 70,870 75,782
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 18,370 23,282
18,370 23,282
Equity
Members' other interests
Members' capital 52,500 52,500
52,500 52,500
70,870 75,782
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 18,370 23,282
Members' other interests 52,500 52,500
70,870 75,782
Page 1
Page 2
For the year ending 5 April 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 Income Statement.
On behalf of the members
Mr P Ward
Designated Member
14/05/2025
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
Astute Financial Solutions LLP is a limited liability partnership, incorporated in England & Wales, registered number OC308515 .
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 represents fees and commissions received, excluding value added tax.
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:
Computer Equipment 33% on cost
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 6 April 2024 700
Additions 360
As at 5 April 2025 1,060
Depreciation
As at 6 April 2024 700
Provided during the period 21
As at 5 April 2025 721
Net Book Value
As at 5 April 2025 339
As at 6 April 2024 -
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 1,498 2,262
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 2,252 2,222
Page 4