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 OC413975 Mr Ben Wootton Mrs Stephanie Pritchett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC413975 2024-04-05 OC413975 2025-04-05 OC413975 2024-04-06 2025-04-05 OC413975 frs-core:CurrentFinancialInstruments 2025-04-05 OC413975 frs-core:PlantMachinery 2025-04-05 OC413975 frs-core:PlantMachinery 2024-04-06 2025-04-05 OC413975 frs-core:PlantMachinery 2024-04-05 OC413975 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC413975 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC413975 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 OC413975 frs-bus:SmallEntities 2024-04-06 2025-04-05 OC413975 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC413975 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC413975 frs-countries:EnglandWales 2024-04-06 2025-04-05 OC413975 frs-bus:PartnerLLP1 2024-04-06 2025-04-05 OC413975 frs-bus:PartnerLLP2 2024-04-06 2025-04-05 OC413975 2023-04-05 OC413975 2024-04-05 OC413975 2023-04-06 2024-04-05 OC413975 frs-core:CurrentFinancialInstruments 2024-04-05
Registered number: OC413975
Pritchetts Law LLP
Unaudited Financial Statements
For The Year Ended 5 April 2025
Helen Rowe Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC413975
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,491 1,662
3,491 1,662
CURRENT ASSETS
Debtors 5 32,959 40,654
Cash at bank and in hand 76,783 64,200
109,742 104,854
Creditors: Amounts Falling Due Within One Year 6 (9,040 ) (8,711 )
NET CURRENT ASSETS (LIABILITIES) 100,702 96,143
TOTAL ASSETS LESS CURRENT LIABILITIES 104,193 97,805
NET ASSETS ATTRIBUTABLE TO MEMBERS 104,193 97,805
REPRESENTED BY:
Loans and other debts due to members
Other amounts 104,193 97,805
104,193 97,805
104,193 97,805
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 104,193 97,805
104,193 97,805
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
Mrs Stephanie Pritchett
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
Pritchetts Law LLP is a limited liability partnership, incorporated in England & Wales, registered number OC413975 . The Registered Office is Hillside, 35 Westbury Hill, Westbury-on-Trym, Bristol, BS9 3AG.
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 over 4 years
      Fixtures, fittings, tools and equipment             over 4 years
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. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets initially recognised at transactiom price includinng any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.6. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Page 3
Page 4
2.7. Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
2.8    Division of Profits
Profits are treated as being available for discretionary division only if the LLP has an uncondiitonal right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members' remuneraton charged as an expense in the profit and loss account.
2.9 Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
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
Plant & Machinery
£
Cost
As at 6 April 2024 11,377
Additions 2,714
As at 5 April 2025 14,091
Depreciation
As at 6 April 2024 9,715
Provided during the period 885
As at 5 April 2025 10,600
Net Book Value
As at 5 April 2025 3,491
As at 6 April 2024 1,662
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 16,916 30,181
Other debtors 16,043 10,473
32,959 40,654
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 270 270
Taxation and social security 8,770 8,441
9,040 8,711
Page 4