Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 OC350210 Mr Tony Croft Mrs Judith Croft iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC350210 2023-09-30 OC350210 2024-09-30 OC350210 2023-10-01 2024-09-30 OC350210 frs-core:CurrentFinancialInstruments 2024-09-30 OC350210 frs-bus:LimitedLiabilityPartnershipLLP 2023-10-01 2024-09-30 OC350210 frs-bus:LimitedLiabilityPartnershipsSORP 2023-10-01 2024-09-30 OC350210 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 OC350210 frs-bus:SmallEntities 2023-10-01 2024-09-30 OC350210 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 OC350210 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 OC350210 frs-countries:EnglandWales 2023-10-01 2024-09-30 OC350210 frs-bus:PartnerLLP1 2023-10-01 2024-09-30 OC350210 frs-bus:PartnerLLP2 2023-10-01 2024-09-30 OC350210 2022-09-30 OC350210 2023-09-30 OC350210 2022-10-01 2023-09-30 OC350210 frs-core:CurrentFinancialInstruments 2023-09-30
Registered number: OC350210
Simply Property (UK) LLP
Unaudited Financial Statements
For The Year Ended 30 September 2024
EP Accountants
Chartered Certified Accountants
185 Gloucester Avenue
Chelmsford
Essex
CM2 9DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC350210
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,165,000 1,165,000
1,165,000 1,165,000
CURRENT ASSETS
Debtors 5 - 21,679
Cash at bank and in hand 277,415 341,796
277,415 363,475
Creditors: Amounts Falling Due Within One Year 6 (890 ) (22,569 )
NET CURRENT ASSETS (LIABILITIES) 276,525 340,906
TOTAL ASSETS LESS CURRENT LIABILITIES 1,441,525 1,505,906
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,441,525 1,505,906
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 57,114 95,840
Other amounts 1,393,513 1,419,168
1,450,627 1,515,008
Equity
Members' other interests
Revaluation reserve (43,804) (43,804)
Other reserves 34,702 34,702
(9,102) (9,102)
1,441,525 1,505,906
...CONTINUED
Page 1
Page 2
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1,450,627 1,515,008
Members' other interests (9,102) (9,102)
1,441,525 1,505,906
For the year ending 30 September 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 Tony Croft
Designated Member
26/06/2025
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
Simply Property (UK) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC350210 . The Registered Office is Little Drakes Barn, Drakes Lane, Chelmsford, Essex, CM3 3ND.
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 the amounts receivable as rental income on investment properties.
2.3. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 October 2023 and 30 September 2024 1,165,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 21,679
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 890 890
Accruals and deferred income - 21,679
890 22,569
Page 4