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 OC362607 Mr Stephen Childs Mr Gary Sewell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC362607 2024-03-31 OC362607 2025-03-31 OC362607 2024-04-01 2025-03-31 OC362607 frs-core:CurrentFinancialInstruments 2025-03-31 OC362607 frs-core:MotorVehicles 2025-03-31 OC362607 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC362607 frs-core:MotorVehicles 2024-03-31 OC362607 frs-core:PlantMachinery 2025-03-31 OC362607 frs-core:PlantMachinery 2024-04-01 2025-03-31 OC362607 frs-core:PlantMachinery 2024-03-31 OC362607 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC362607 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC362607 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC362607 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC362607 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC362607 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC362607 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC362607 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC362607 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC362607 2023-03-31 OC362607 2024-03-31 OC362607 2023-04-01 2024-03-31 OC362607 frs-core:CurrentFinancialInstruments 2024-03-31
Registered number: OC362607
Sarac Engineering LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Profit Guide Accountants Ltd
Chartered Accountants
7 North Road
Great Yeldham
Halstead
CO9 4QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC362607
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 126,214 126,462
126,214 126,462
CURRENT ASSETS
Debtors 5 213,364 277,505
Cash at bank and in hand 147,438 93,890
360,802 371,395
Creditors: Amounts Falling Due Within One Year 6 (123,971 ) (197,159 )
NET CURRENT ASSETS (LIABILITIES) 236,831 174,236
TOTAL ASSETS LESS CURRENT LIABILITIES 363,045 300,698
NET ASSETS ATTRIBUTABLE TO MEMBERS 363,045 300,698
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 363,045 300,698
363,045 300,698
363,045 300,698
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 363,045 300,698
363,045 300,698
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 Gary Sewell
Designated Member
23 July 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
Sarac Engineering LLP is a limited liability partnership, incorporated in England & Wales, registered number OC362607 . The Registered Office is Unit 6, The Street Industrial Estate, Heybridge, Maldon, Essex, CM9 4XB.
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 comprises the invoiced value of goods and services supplied by the LLP, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% on reducing balance
Motor Vehicles 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Pensions
The LLP operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was:
2025 2024
Office and administration 2 2
Manufacturing 8 8
10 10
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 473,319 7,281 480,600
Additions 29,450 - 29,450
Disposals - (7,281 ) (7,281 )
As at 31 March 2025 502,769 - 502,769
Depreciation
As at 1 April 2024 347,034 7,104 354,138
Provided during the period 29,521 - 29,521
Disposals - (7,104 ) (7,104 )
As at 31 March 2025 376,555 - 376,555
Net Book Value
As at 31 March 2025 126,214 - 126,214
As at 1 April 2024 126,285 177 126,462
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 206,819 272,370
Other debtors 6,545 5,135
213,364 277,505
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 55,011 135,116
Bank loans and overdrafts 6,470 10,199
Other creditors 9,078 10,181
Taxation and social security 53,412 41,663
123,971 197,159
Page 4