Acorah Software Products - Accounts Production 16.4.660 false true 31 March 2024 1 January 2023 false 1 April 2024 31 March 2025 31 March 2025 OC440368 Ms Jodie Horton Miss Tracey Barron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC440368 2024-03-31 OC440368 2025-03-31 OC440368 2024-04-01 2025-03-31 OC440368 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC440368 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC440368 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 OC440368 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC440368 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC440368 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC440368 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC440368 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC440368 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC440368 2022-12-31 OC440368 2024-03-31 OC440368 2023-01-01 2024-03-31
Registered number: OC440368
Smart Study LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Whittaker Gregory & Co Ltd
21 Horse Street
Chipping Sodbury
Bristol
BS37 6DA
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: OC440368
31 March 2025 31 March 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 4,167 4,458
4,167 4,458
Creditors: Amounts Falling Due Within One Year (1,080 ) (751 )
NET CURRENT ASSETS (LIABILITIES) 3,087 3,707
TOTAL ASSETS LESS CURRENT LIABILITIES 3,087 3,707
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,087 3,707
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 145,988 98,581
145,988 98,581
Equity
Members' other interests
Members' capital (168,579) (120,552)
Other reserves 25,678 25,678
(142,901) (94,874)
3,087 3,707
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 145,988 98,581
Members' other interests (142,901) (94,874)
3,087 3,707
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.
All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
Miss Tracey Barron
Designated Member
23/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Smart Study LLP is a limited liability partnership, incorporated in England & Wales, registered number OC440368 . The Registered Office is 14 Francis Road, Yate, Bristol, BS37 7ET.
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)
2 2
Page 3