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 OC363454 CGC Resolutions Limited R A Schiffer P S Collecott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC363454 2024-03-31 OC363454 2025-03-31 OC363454 2024-04-01 2025-03-31 OC363454 frs-core:CurrentFinancialInstruments 2025-03-31 OC363454 frs-core:Non-currentFinancialInstruments 2025-03-31 OC363454 frs-core:ComputerEquipment 2025-03-31 OC363454 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC363454 frs-core:ComputerEquipment 2024-03-31 OC363454 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC363454 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC363454 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC363454 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC363454 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC363454 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC363454 frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC363454 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC363454 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC363454 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC363454 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC363454 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC363454 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC363454 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC363454 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC363454 frs-bus:PartnerLLP3 2024-04-01 2025-03-31 OC363454 2023-03-31 OC363454 2024-03-31 OC363454 2023-04-01 2024-03-31 OC363454 frs-core:CurrentFinancialInstruments 2024-03-31 OC363454 frs-core:Non-currentFinancialInstruments 2024-03-31
The Ambassador Partnership LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC363454
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 649 -
Investments 5 1 1
650 1
CURRENT ASSETS
Debtors 6 47,438 103,095
Cash at bank and in hand 56,649 50,853
104,087 153,948
Creditors: Amounts Falling Due Within One Year 7 (30,928 ) (70,140 )
NET CURRENT ASSETS (LIABILITIES) 73,159 83,808
TOTAL ASSETS LESS CURRENT LIABILITIES 73,809 83,809
Creditors: Amounts Falling Due After More Than One Year 8 (5,000 ) (15,000 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 68,809 68,809
REPRESENTED BY:
Equity
Members' other interests
Members' capital 68,809 68,809
68,809 68,809
TOTAL MEMBERS' INTEREST
Amounts due from members (21,115) (28,114)
Members' other interests 68,809 68,809
47,694 40,695
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
R A Schiffer
Designated Member
04/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Ambassador Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC363454 . The Registered Office is 1 Paternoster Lane, London, EC4M 7BQ.
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 rendering of services, recognised by reference to the stage of completion of the contract. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Computer Equipment 3 year straight line
2.4. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Members' participation rights
Members' participation rights in the earning or assets of the LLP are analysed between those that are, from the
LLP's perspective, either a financial liability or equity. A member's participation right results in a liability unless
the right to any payment is discretionary on the part of the LLP.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has
an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an
expense. They are therefore shown as a residual amount available for discretionary division among members in
the Profit and Loss Account and are equity appropriations in the Balance Sheet.

Other amounts applied to members, for example interest on capital balances, are treated in the same way as all
other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional
right to refuse payment.

All amounts due to members are classified as liabilities and are presented in the Balance Sheet as 'Loans and
other debts due to members' and are charged to the Profit and Loss Account within 'Members' remuneration
charged as an expense'. Amounts due to members that are classified as equity are shown in the Balance Sheet
within 'Members' other interests'.
3. Average Number of Employees
Average number of employees during the year was as follows: 1 (2024: 1)
1 1
Page 3
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 467
Additions 708
Disposals (467 )
As at 31 March 2025 708
Depreciation
As at 1 April 2024 467
Provided during the period 59
Disposals (467 )
As at 31 March 2025 59
Net Book Value
As at 31 March 2025 649
As at 1 April 2024 -
5. Investments
Unlisted
£
Cost
As at 1 April 2024 1
As at 31 March 2025 1
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1
As at 1 April 2024 1
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 17,395 62,751
Prepayments and accrued income 1,358 6,126
Other debtors 6,104 6,104
VAT 1,466 -
Amounts due from members 21,115 28,114
47,438 103,095
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,575 1,194
Bank loans and overdrafts 10,000 10,000
Other taxes and social security 1,719 1,457
VAT - 1,592
Other creditors 544 4,874
Accruals and deferred income 17,090 51,023
30,928 70,140
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 5,000 15,000
Page 5