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 OC324194 Mr M Norton Mr N Spawton Mr D Welbourne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC324194 2024-03-31 OC324194 2025-03-31 OC324194 2024-04-01 2025-03-31 OC324194 frs-core:CurrentFinancialInstruments 2025-03-31 OC324194 frs-core:ComputerEquipment 2025-03-31 OC324194 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC324194 frs-core:ComputerEquipment 2024-03-31 OC324194 frs-core:FurnitureFittings 2025-03-31 OC324194 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC324194 frs-core:FurnitureFittings 2024-03-31 OC324194 frs-core:WithinOneYear 2025-03-31 OC324194 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC324194 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC324194 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC324194 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC324194 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC324194 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC324194 frs-core:CurrentFinancialInstruments 1 2025-03-31 OC324194 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC324194 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC324194 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC324194 frs-bus:PartnerLLP3 2024-04-01 2025-03-31 OC324194 2023-03-31 OC324194 2024-03-31 OC324194 2023-04-01 2024-03-31 OC324194 frs-core:CurrentFinancialInstruments 2024-03-31 OC324194 frs-core:BetweenOneFiveYears 2024-03-31 OC324194 frs-core:WithinOneYear 2024-03-31 OC324194 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: OC324194
Gray Baynes & Shew 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: OC324194
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,520 14,859
14,520 14,859
CURRENT ASSETS
Debtors 5 411,574 581,838
Cash at bank and in hand 120,542 47,454
532,116 629,292
Creditors: Amounts Falling Due Within One Year 6 (196,147 ) (279,577 )
NET CURRENT ASSETS (LIABILITIES) 335,969 349,715
TOTAL ASSETS LESS CURRENT LIABILITIES 350,489 364,574
NET ASSETS ATTRIBUTABLE TO MEMBERS 350,489 364,574
REPRESENTED BY:
Loans and other debts due to members
Other amounts 240,489 234,574
240,489 234,574
Equity
Members' other interests
Members' capital 110,000 130,000
110,000 130,000
350,489 364,574
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 240,489 234,574
Members' other interests 110,000 130,000
350,489 364,574
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 D Welbourne
Designated Member
5 August 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
Gray Baynes & Shew LLP is a limited liability partnership, incorporated in England & Wales, registered number OC324194 . The Registered Office is St Thomas House, 6 Becket Street, Oxford, OX1 1PP.
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 Limited Liability Partnership. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the rendering of services. 
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:
Fixtures & Fittings 25% Straight line
Computer Equipment 25% Straight line
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 12 (2024: 9)
12 9
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 30,450 47,662 78,112
Additions 424 11,030 11,454
As at 31 March 2025 30,874 58,692 89,566
Depreciation
As at 1 April 2024 30,261 32,992 63,253
Provided during the period 184 11,609 11,793
As at 31 March 2025 30,445 44,601 75,046
Net Book Value
As at 31 March 2025 429 14,091 14,520
As at 1 April 2024 189 14,670 14,859
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 286,125 425,729
Prepayments and accrued income 125,449 156,109
411,574 581,838
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 32,486 82,004
Bank loans and overdrafts 46,648 48,646
Other taxes and social security 11,159 11,899
VAT 78,025 85,379
Accrued defined contribution payments 2,128 2,220
Accruals and deferred income 25,701 49,429
196,147 279,577
Page 4
Page 5
7. Other Commitments
At the reporting end date the limited liability partnership had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2025 2024
£ £
Not later than one year 36,918 77,000
Later than one year and not later than five years - 36,918
36,918 113,918
Page 5