Acorah Software Products - Accounts Production 16.3.350 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 OC425630 Lesley Brown Steve Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC425630 2024-04-05 OC425630 2025-04-05 OC425630 2024-04-06 2025-04-05 OC425630 frs-core:ComputerEquipment 2025-04-05 OC425630 frs-core:ComputerEquipment 2024-04-06 2025-04-05 OC425630 frs-core:ComputerEquipment 2024-04-05 OC425630 frs-core:MotorVehicles 2025-04-05 OC425630 frs-core:MotorVehicles 2024-04-06 2025-04-05 OC425630 frs-core:MotorVehicles 2024-04-05 OC425630 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC425630 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC425630 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 OC425630 frs-bus:SmallEntities 2024-04-06 2025-04-05 OC425630 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC425630 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC425630 frs-countries:EnglandWales 2024-04-06 2025-04-05 OC425630 frs-bus:PartnerLLP1 2024-04-06 2025-04-05 OC425630 frs-bus:PartnerLLP2 2024-04-06 2025-04-05 OC425630 2023-04-05 OC425630 2024-04-05 OC425630 2023-04-06 2024-04-05 OC425630 frs-core:CurrentFinancialInstruments 2024-04-05
Mypraxis LLP
Unaudited Financial Statements
For The Year Ended 5 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC425630
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 27,063
- 27,063
CURRENT ASSETS
Debtors 5 9,514 11,556
Cash at bank and in hand 2,213 1,472
11,727 13,028
Creditors: Amounts Falling Due Within One Year 6 (1,363 ) -
NET CURRENT ASSETS (LIABILITIES) 10,364 13,028
TOTAL ASSETS LESS CURRENT LIABILITIES 10,364 40,091
NET ASSETS ATTRIBUTABLE TO MEMBERS 10,364 40,091
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 12,379 40,091
12,379 40,091
Equity
Members' other interests
Members' capital (2,015) -
(2,015) -
10,364 40,091
TOTAL MEMBERS' INTEREST
Amounts due from members (9,514) -
Loans and other debts due to members within one year 12,379 40,091
Members' other interests (2,015) -
850 40,091
Page 1
Page 2
For the year ending 5 April 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
Steve Brown
Designated Member
20/06/2025
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
Mypraxis LLP is a limited liability partnership, incorporated in England & Wales, registered number OC425630 . The Registered Office is Hutch End, Nun Munkton, York, YO26 8EW.
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:
Motor Vehicles 25% reducing balance
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 6 April 2024 37,013 3,624 40,637
Disposals (37,013 ) - (37,013 )
As at 5 April 2025 - 3,624 3,624
Depreciation
As at 6 April 2024 10,410 3,164 13,574
Provided during the period 6,651 460 7,111
Disposals (17,061 ) - (17,061 )
As at 5 April 2025 - 3,624 3,624
...CONTINUED
Page 3
Page 4
Net Book Value
As at 5 April 2025 - - -
As at 6 April 2024 26,603 460 27,063
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 10,900
Other debtors 9,514 656
9,514 11,556
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,363 -
Page 4