Acorah Software Products - Accounts Production 16.4.660 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 OC340067 Mr Keith Pinnock Mrs Shirley Pinnock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC340067 2023-10-31 OC340067 2024-10-31 OC340067 2023-11-01 2024-10-31 OC340067 frs-core:CurrentFinancialInstruments 2024-10-31 OC340067 frs-core:Non-currentFinancialInstruments 2024-10-31 OC340067 frs-core:ComputerEquipment 2024-10-31 OC340067 frs-core:ComputerEquipment 2023-11-01 2024-10-31 OC340067 frs-core:ComputerEquipment 2023-10-31 OC340067 frs-core:FurnitureFittings 2024-10-31 OC340067 frs-core:FurnitureFittings 2023-11-01 2024-10-31 OC340067 frs-core:FurnitureFittings 2023-10-31 OC340067 frs-core:MotorVehicles 2024-10-31 OC340067 frs-core:MotorVehicles 2023-11-01 2024-10-31 OC340067 frs-core:MotorVehicles 2023-10-31 OC340067 frs-core:PlantMachinery 2023-11-01 2024-10-31 OC340067 frs-bus:LimitedLiabilityPartnershipLLP 2023-11-01 2024-10-31 OC340067 frs-bus:LimitedLiabilityPartnershipsSORP 2023-11-01 2024-10-31 OC340067 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 OC340067 frs-bus:SmallEntities 2023-11-01 2024-10-31 OC340067 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 OC340067 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 OC340067 frs-countries:EnglandWales 2023-11-01 2024-10-31 OC340067 frs-bus:PartnerLLP1 2023-11-01 2024-10-31 OC340067 frs-bus:PartnerLLP2 2023-11-01 2024-10-31 OC340067 2022-10-31 OC340067 2023-10-31 OC340067 2022-11-01 2023-10-31 OC340067 frs-core:CurrentFinancialInstruments 2023-10-31 OC340067 frs-core:Non-currentFinancialInstruments 2023-10-31
Registered number: OC340067
Heath Crawford Financial Services LLP
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC340067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 880 3,144
880 3,144
CURRENT ASSETS
Debtors 5 59,358 109,769
Cash at bank and in hand 83,486 110,734
142,844 220,503
Creditors: Amounts Falling Due Within One Year 6 (72,354 ) (62,001 )
NET CURRENT ASSETS (LIABILITIES) 70,490 158,502
TOTAL ASSETS LESS CURRENT LIABILITIES 71,370 161,646
Creditors: Amounts Falling Due After More Than One Year 7 (6,160 ) (26,612 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 65,210 135,034
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 51,210 121,034
51,210 121,034
Equity
Members' other interests
Members' capital 14,000 14,000
14,000 14,000
65,210 135,034
TOTAL MEMBERS' INTEREST
Amounts due from members (21,708) (94,119)
Loans and other debts due to members within one year 51,210 121,034
Members' other interests 14,000 14,000
43,502 40,915
Page 1
Page 2
For the year ending 31 October 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 Keith Pinnock
Designated Member
09/07/2025
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
Heath Crawford Financial Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC340067 . The Registered Office is Catalyst House, 720 Centennial Court, Centennial Park, Elstree, Herts, WD6 3SY.
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
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 14,065 8,337 31,117 53,519
As at 31 October 2024 14,065 8,337 31,117 53,519
Depreciation
As at 1 November 2023 12,894 7,962 29,519 50,375
Provided during the period 293 374 1,597 2,264
As at 31 October 2024 13,187 8,336 31,116 52,639
Net Book Value
As at 31 October 2024 878 1 1 880
As at 1 November 2023 1,171 375 1,598 3,144
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 15,650 15,650
Amounts due from members 43,708 94,119
59,358 109,769
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,500 3,501
Bank loans and overdrafts 10,354 -
Accruals and deferred income 58,500 58,500
72,354 62,001
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,160 26,612
Page 4