Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC407631 Mr P L Toop Mr R H Toop true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC407631 2024-03-31 OC407631 2025-03-31 OC407631 2024-04-01 2025-03-31 OC407631 frs-core:CurrentFinancialInstruments 2025-03-31 OC407631 frs-core:Non-currentFinancialInstruments 2025-03-31 OC407631 frs-core:BetweenOneFiveYears 2025-03-31 OC407631 frs-core:ComputerEquipment 2025-03-31 OC407631 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC407631 frs-core:ComputerEquipment 2024-03-31 OC407631 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 OC407631 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 OC407631 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 OC407631 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 OC407631 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 OC407631 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 OC407631 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 OC407631 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC407631 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC407631 frs-core:MotorVehicles 2025-03-31 OC407631 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC407631 frs-core:MotorVehicles 2024-03-31 OC407631 frs-core:OtherResidualIntangibleAssets 2025-03-31 OC407631 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 OC407631 frs-core:OtherResidualIntangibleAssets 2024-03-31 OC407631 frs-core:PlantMachinery 2025-03-31 OC407631 frs-core:PlantMachinery 2024-04-01 2025-03-31 OC407631 frs-core:PlantMachinery 2024-03-31 OC407631 frs-core:WithinOneYear 2025-03-31 OC407631 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC407631 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC407631 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC407631 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC407631 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC407631 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC407631 1 2024-04-01 2025-03-31 OC407631 frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC407631 frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC407631 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC407631 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC407631 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 OC407631 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 OC407631 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC407631 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC407631 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC407631 2023-03-31 OC407631 2024-03-31 OC407631 2023-04-01 2024-03-31 OC407631 frs-core:CurrentFinancialInstruments 2024-03-31 OC407631 frs-core:Non-currentFinancialInstruments 2024-03-31 OC407631 frs-core:BetweenOneFiveYears 2024-03-31 OC407631 frs-core:WithinOneYear 2024-03-31
Registered number: OC407631
Messrs R L Toop LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: OC407631
2025 2024
Notes £ £ £ £
FIXED ASSETS
Herd and Flock 4 195,414 203,669
Tangible Assets 5 998,979 938,686
Investments 6 2,988 2,988
1,197,381 1,145,343
CURRENT ASSETS
Stocks 7 140,761 101,210
Debtors 8 105,611 31,834
Cash at bank and in hand 359,676 145,808
606,048 278,852
Creditors: Amounts Falling Due Within One Year 9 (112,003 ) (82,643 )
NET CURRENT ASSETS (LIABILITIES) 494,045 196,209
TOTAL ASSETS LESS CURRENT LIABILITIES 1,691,426 1,341,552
Creditors: Amounts Falling Due After More Than One Year 10 (187,971 ) (19,646 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,503,455 1,321,906
REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability 1,236,241 1,177,005
1,236,241 1,177,005
Equity
Members' other interests
Other reserves 267,214 144,901
267,214 144,901
1,503,455 1,321,906
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 1,236,241 1,177,005
Members' other interests 267,214 144,901
1,503,455 1,321,906
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
Mr P L Toop
Designated Member
13 July 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Messrs R L Toop LLP is a limited liability partnership, incorporated in England & Wales, registered number OC407631 . The Registered Office is Unit 3 Atlas House, West Devon Business Park, Tavistock, Devon, PL19 9DP.
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
Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.
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:
Freehold Not depreciated
Leasehold 10% reducing balance
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
2.5. Financial Instruments
Classification
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through the  profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a finance transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the limited liability partnership intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)
1 1
Page 3
Page 4
4. Herd and Flock
Herd Flock Total
£ £ £
Cost
As at 1 April 2024 84,559 119,110 203,669
Additions 3,800 6,420 10,220
Disposals (18,475 ) - (18,475 )
As at 31 March 2025 69,884 125,530 195,414
Net Book Value
As at 31 March 2025 69,884 125,530 195,414
As at 1 April 2024 84,559 119,110 203,669
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 695,487 40,948 408,841 55,519
Additions 3,793 - 164,370 -
Disposals - - (31,680 ) -
As at 31 March 2025 699,280 40,948 541,531 55,519
Depreciation
As at 1 April 2024 - 23,320 201,776 37,749
Provided during the period - 1,762 89,993 4,443
Disposals - - (20,192 ) -
As at 31 March 2025 - 25,082 271,577 42,192
Net Book Value
As at 31 March 2025 699,280 15,866 269,954 13,327
As at 1 April 2024 695,487 17,628 207,065 17,770
Computer Equipment Total
£ £
Cost
As at 1 April 2024 2,226 1,203,021
Additions - 168,163
Disposals - (31,680 )
As at 31 March 2025 2,226 1,339,504
Depreciation
As at 1 April 2024 1,490 264,335
Provided during the period 184 96,382
Disposals - (20,192 )
As at 31 March 2025 1,674 340,525
Net Book Value
As at 31 March 2025 552 998,979
As at 1 April 2024 736 938,686
Page 5
Page 6
6. Investments
Unlisted
£
Cost
As at 1 April 2024 2,988
As at 31 March 2025 2,988
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 2,988
As at 1 April 2024 2,988
7. Stocks
2025 2024
£ £
Stock 140,761 101,210
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 16,718 -
Prepayments and accrued income 59,115 14,165
VAT 29,778 14,320
Amounts due from members - 3,349
105,611 31,834
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 16,750 10,250
Trade creditors 83,601 47,466
Bank loans and overdrafts - 6,998
Other creditors 11,652 17,929
112,003 82,643
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 109,279 19,646
Other creditors 78,692 -
187,971 19,646
The bank loan is secured against the assets of the partnership and the HP against the asset purchased.
Page 6
Page 7
11. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 16,750 10,250
Later than one year and not later than five years 109,279 19,646
126,029 29,896
126,029 29,896
12. Ultimate Controlling Party
The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.
Page 7