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REGISTERED NUMBER: OC449085 (England and Wales)


Unaudited Financial Statements for the Year Ended 5 April 2025

for

Acorn IP LLP

Acorn IP LLP (Registered number: OC449085)






Contents of the Financial Statements
for the Year Ended 5 April 2025




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Acorn IP LLP

General Information
for the Year Ended 5 April 2025







DESIGNATED MEMBERS: S Cleary
S Kaye
L Durmush





REGISTERED OFFICE: 6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT





REGISTERED NUMBER: OC449085 (England and Wales)





ACCOUNTANTS: Fizz Accounting Limited
6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT

Acorn IP LLP (Registered number: OC449085)

Abridged Balance Sheet
5 April 2025

5.4.25 5.4.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,292 1,918

CURRENT ASSETS
Debtors 31,261 21,340
Cash at bank 94,681 81,892
125,942 103,232
CREDITORS
Amounts falling due within one year 19,432 17,131
NET CURRENT ASSETS 106,510 86,101
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 108,802 88,019

LOANS AND OTHER DEBTS DUE TO MEMBERS 5 107,552 87,019

MEMBERS' OTHER INTERESTS
Capital accounts 1,250 1,000
108,802 88,019

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 107,552 87,019
Members' other interests 1,250 1,000
108,802 88,019

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 5 April 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Acorn IP LLP (Registered number: OC449085)

Abridged Balance Sheet - continued
5 April 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 5 April 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 26 June 2025 and were signed by:




S Cleary - Designated member




S Kaye - Designated member


Acorn IP LLP (Registered number: OC449085)

Notes to the Financial Statements
for the Year Ended 5 April 2025

1. STATUTORY INFORMATION

Acorn IP LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 6 April 2024 2,557
Additions 1,352
At 5 April 2025 3,909
DEPRECIATION
At 6 April 2024 639
Charge for year 978
At 5 April 2025 1,617
NET BOOK VALUE
At 5 April 2025 2,292
At 5 April 2024 1,918

Acorn IP LLP (Registered number: OC449085)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts to members rank equally to all other creditors.