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 OC333702 Mr Richard Lyons Mr Russell Marlow Mr Dermot Smyth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC333702 2024-03-31 OC333702 2025-03-31 OC333702 2024-04-01 2025-03-31 OC333702 frs-core:CurrentFinancialInstruments 2025-03-31 OC333702 frs-core:ComputerEquipment 2025-03-31 OC333702 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC333702 frs-core:ComputerEquipment 2024-03-31 OC333702 frs-core:FurnitureFittings 2025-03-31 OC333702 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC333702 frs-core:FurnitureFittings 2024-03-31 OC333702 frs-core:PlantMachinery 2024-04-01 2025-03-31 OC333702 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC333702 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC333702 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC333702 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC333702 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC333702 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC333702 frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC333702 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC333702 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC333702 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC333702 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC333702 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC333702 frs-core:CurrentFinancialInstruments 1 2025-03-31 OC333702 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC333702 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC333702 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC333702 frs-bus:PartnerLLP3 2024-04-01 2025-03-31 OC333702 2023-03-31 OC333702 2024-03-31 OC333702 2023-04-01 2024-03-31 OC333702 frs-core:CurrentFinancialInstruments 2024-03-31 OC333702 frs-core:OtherReservesSubtotal 2023-03-31 OC333702 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: OC333702
Optima Scaffold Designs LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Raymarsh Ford Limited
Chartered Accountants
41 High Street
Kingswood
Bristol
BS15 4AA
Contents
Page
Balance Sheet 1—2
Reconciliation of Members' Interests 3—4
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: OC333702
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,270 9,207
Investments 5 60,000 60,000
72,270 69,207
CURRENT ASSETS
Debtors 6 272,412 300,972
Cash at bank and in hand 121,820 158,017
394,232 458,989
Creditors: Amounts Falling Due Within One Year 7 (178,617 ) (185,209 )
NET CURRENT ASSETS (LIABILITIES) 215,615 273,780
TOTAL ASSETS LESS CURRENT LIABILITIES 287,885 342,987
NET ASSETS ATTRIBUTABLE TO MEMBERS 287,885 342,987
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 215 55,317
215 55,317
Equity
Members' other interests
Members' capital 287,670 287,670
287,670 287,670
287,885 342,987
TOTAL MEMBERS' INTEREST
Amounts due from members (5,749) (21,394)
Loans and other debts due to members within one year 215 55,317
Members' other interests 287,670 287,670
282,136 321,593
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 Richard Lyons
Designated Member
Mr Russell Marlow
Designated Member
Mr Dermot Smyth
Designated Member
21 May 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Reconciliation of Members' Interests
EQUITY DEBT
Members' other interests Loans and other debts due to members less any amounts due from members in debtors
Members'Capital classified as Equity Other Reserves Total Equity Other amounts Total members' interest
£ £ £ £ £
Amounts due to members - - - 79,274 -
Balance at 1 April 2023 287,670 - 287,670 79,274 366,944
Profit/(loss) for the financial year available for discretionary division among members - 906,104 906,104 - 906,104
Members' interests after profit/(loss) for the year 287,670 906,104 1,193,774 79,274 1,273,048
Other divisions of profits (losses) - (906,104) (906,104) 906,104 -
Drawings - - - (951,455) (951,455)
Amounts due to members - - - 55,317 -
Amounts due from members - - - (21,394) -
As at 31 March 2024 and 1 April 2024 287,670 - 287,670 33,923 321,593
Profit/(loss) for the financial year available for discretionary division among members - 932,504 932,504 - 932,504
Members' interests after profit/(loss) for the year 287,670 932,504 1,220,174 33,923 1,254,097
Other divisions of profits (losses) - (932,504) (932,504) 932,504 -
Drawings - - - (971,961) (971,961)
Amounts due to members - - - 215 -
Amounts due from members - - - (5,749) -
As at 31 March 2025 287,670 - 287,670 (5,534) 282,136
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Optima Scaffold Designs LLP is a limited liability partnership, incorporated in England & Wales, registered number OC333702 . The Registered Office is Pitts Farm, Knowle Hill, Chew Magna, Bristol, North Somerset, BS40 8TG.
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% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 10 (2024: 9)
10 9
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 4,708 41,704 46,412
Additions - 7,435 7,435
As at 31 March 2025 4,708 49,139 53,847
Depreciation
As at 1 April 2024 4,708 32,497 37,205
Provided during the period - 4,372 4,372
As at 31 March 2025 4,708 36,869 41,577
Net Book Value
As at 31 March 2025 - 12,270 12,270
As at 1 April 2024 - 9,207 9,207
Page 4
Page 5
5. Investments
Unlisted
£
Cost
As at 1 April 2024 60,000
As at 31 March 2025 60,000
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 60,000
As at 1 April 2024 60,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 255,315 267,566
Prepayments and accrued income 9,644 9,537
Other debtors 1,704 2,034
Employee loans - 441
Amounts due from members 5,749 21,394
272,412 300,972
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,784 4,654
Other taxes and social security 17,034 15,084
VAT 113,828 92,032
Other creditors 541 540
Pensions creditor 2,288 2,240
Accruals and deferred income 34,885 65,402
Amounts owed to group undertakings 4,957 4,957
Payments on account 300 300
178,617 185,209
Page 5