Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 December 2023 false 1 April 2024 31 March 2025 31 March 2025 OC350185 Mr S J S Claire iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC350185 2024-03-31 OC350185 2025-03-31 OC350185 2024-04-01 2025-03-31 OC350185 frs-core:CurrentFinancialInstruments 2025-03-31 OC350185 frs-core:ComputerEquipment 2025-03-31 OC350185 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC350185 frs-core:ComputerEquipment 2024-03-31 OC350185 frs-core:FurnitureFittings 2025-03-31 OC350185 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC350185 frs-core:FurnitureFittings 2024-03-31 OC350185 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 OC350185 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 OC350185 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 OC350185 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC350185 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC350185 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC350185 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC350185 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC350185 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC350185 frs-core:CurrentFinancialInstruments 1 2025-03-31 OC350185 frs-core:CurrentFinancialInstruments 2 2025-03-31 OC350185 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC350185 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC350185 2023-11-30 OC350185 2024-03-31 OC350185 2023-12-01 2024-03-31 OC350185 frs-core:CurrentFinancialInstruments 2024-03-31 OC350185 frs-core:CurrentFinancialInstruments 1 2024-03-31 OC350185 frs-core:CurrentFinancialInstruments 2 2024-03-31
Registered number: OC350185
Claire House Partners 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: OC350185
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,493,678 1,711,567
1,493,678 1,711,567
CURRENT ASSETS
Debtors 5 9,341 11,928
Cash at bank and in hand 58,750 49,104
68,091 61,032
Creditors: Amounts Falling Due Within One Year 6 (42,567 ) (50,451 )
NET CURRENT ASSETS (LIABILITIES) 25,524 10,581
TOTAL ASSETS LESS CURRENT LIABILITIES 1,519,202 1,722,148
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,519,202 1,722,148
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability 913,350 913,350
Other amounts 171,541 157,487
1,084,891 1,070,837
Equity
Members' other interests
Other reserves 434,311 651,311
434,311 651,311
1,519,202 1,722,148
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1,084,891 1,070,837
Members' other interests 434,311 651,311
1,519,202 1,722,148
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 S J S Claire
Designated Member
13 June 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
Claire House Partners LLP is a limited liability partnership, incorporated in England & Wales, registered number OC350185 . The Registered Office is 809 Salisbury House, 29 Finsbury Circus, London, Greater London, EC2M 7AQ.
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. 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 20% on reducing balance
Computer Equipment 33% on cost
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Cash and cash equivalents
Cash and cash equivalents comprise cash at hand and in bank.
2.5. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Investment Properties Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 1,710,000 157 2,222 1,712,379
Disposals - (157 ) - (157 )
Revaluation (217,000 ) - - (217,000 )
As at 31 March 2025 1,493,000 - 2,222 1,495,222
Depreciation
As at 1 April 2024 - 1 811 812
Provided during the period - - 733 733
Disposals - (1 ) - (1 )
As at 31 March 2025 - - 1,544 1,544
Net Book Value
As at 31 March 2025 1,493,000 - 678 1,493,678
As at 1 April 2024 1,710,000 156 1,411 1,711,567
Fair value at 31st  March 2025 is represented by: 
                                                                                       £
Revaluation in 2015
                                                                                   83,422
Revaluation in 2016
                                                                                   78,777
Revaluation in 2017
                                                                                   75,000
Revaluation in 2018
                                                                                           -
Revaluation in 2019
                                                                                 136,250
Revaluation in 2020
                                                                               (105,750)
Revaluation in 2021
                                                                                 246,500
Revaluation in 2022
                                                                                 155,000
Revaluation in 2023
                                                                                            -
Revaluation in 2024
                                                                                            -
Revaluation in 2025
                                                                                (217,000)
Cost
                                                                               1,040,801
                                                                              1,493,000
Page 4
Page 5
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors 4,599 5,800
Prepayments and accrued income 2,725 1,777
Other debtors 2,017 4,351
9,341 11,928
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
VAT 8,587 10,459
Accounts Payable 99 535
Tenant Deposit 13,133 15,383
Accruals and deferred income 20,748 24,074
42,567 50,451
Page 5