Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC412682 Mr Kevin Thomas Mr Lewis Thomas Mr Elliott Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC412682 2023-03-31 OC412682 2024-03-31 OC412682 2023-04-01 2024-03-31 OC412682 frs-core:Non-currentFinancialInstruments 2024-03-31 OC412682 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 OC412682 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC412682 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC412682 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 OC412682 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC412682 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC412682 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC412682 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC412682 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC412682 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC412682 frs-bus:PartnerLLP3 2023-04-01 2024-03-31 OC412682 2022-03-31 OC412682 2023-03-31 OC412682 2022-04-01 2023-03-31 OC412682 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC412682
Great Highway Properties LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
LLP Information 1
Abridged Statement of Financial Position 2—3
Notes to the Abridged Financial Statements 4
Page 1
LLP Information
Designated Members Mr Kevin Thomas
Mr Lewis Thomas
Mr Elliott Thomas
LLP Registration Number OC412682
Registered Office 456 Gower Road
Killay
Swansea
SA2 7AL
Business 456 Gower Road
Killay
Swansea
SA2 7AL
Accountants Stephen Kent and Company Ltd
456 Gower Road
Killay
Swansea
SA2 7AL
Page 1
Page 2
Abridged Statement of Financial Position
Registered number: OC412682
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,695,000 4,695,000
4,695,000 4,695,000
CURRENT ASSETS
Cash at bank and in hand - 16,922
- 16,922
Creditors: Amounts Falling Due Within One Year (4,669 ) (540 )
NET CURRENT ASSETS (LIABILITIES) (4,669 ) 16,382
TOTAL ASSETS LESS CURRENT LIABILITIES 4,690,331 4,711,382
Creditors: Amounts Falling Due After More Than One Year (1,037,944 ) (1,199,802 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,652,387 3,511,580
REPRESENTED BY:
Loans and other debts due to members
Other amounts 281,098 139,025
281,098 139,025
Equity
Members' other interests
Members' capital 3,371,289 3,372,555
3,371,289 3,372,555
3,652,387 3,511,580
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 281,098 139,025
Members' other interests 3,371,289 3,372,555
3,652,387 3,511,580
Page 2
Page 3
For the year ending 31 March 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 Income Statement.
All of the LLP's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
Mr Kevin Thomas
Designated Member
23rd June 2025
The notes on page 4 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Great Highway Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC412682 . The Registered Office is 456 Gower Road, Killay, Swansea, SA2 7AL.
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:
Freehold 0
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 4,695,000
As at 31 March 2024 4,695,000
Net Book Value
As at 31 March 2024 4,695,000
As at 1 April 2023 4,695,000
Page 4