Acorah Software Products - Accounts Production 16.4.675 false true false 7 May 2024 31 March 2025 31 March 2025 OC452209 Mr M J French Mrs F E French Mrs Y Aston Miss E L Barratt Ms E A Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC452209 2024-05-06 OC452209 2025-03-31 OC452209 2024-05-07 2025-03-31 OC452209 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-07 2025-03-31 OC452209 frs-core:OtherResidualIntangibleAssets 2025-03-31 OC452209 frs-core:OtherResidualIntangibleAssets 2024-05-07 2025-03-31 OC452209 frs-core:OtherResidualIntangibleAssets 2024-05-06 OC452209 frs-bus:LimitedLiabilityPartnershipLLP 2024-05-07 2025-03-31 OC452209 frs-bus:LimitedLiabilityPartnershipsSORP 2024-05-07 2025-03-31 OC452209 frs-bus:FilletedAccounts 2024-05-07 2025-03-31 OC452209 frs-bus:SmallEntities 2024-05-07 2025-03-31 OC452209 frs-bus:AuditExempt-NoAccountantsReport 2024-05-07 2025-03-31 OC452209 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-07 2025-03-31 OC452209 frs-countries:EnglandWales 2024-05-07 2025-03-31 OC452209 frs-bus:PartnerLLP1 2024-05-07 2025-03-31 OC452209 frs-bus:PartnerLLP2 2024-05-07 2025-03-31 OC452209 frs-bus:PartnerLLP3 2024-05-07 2025-03-31 OC452209 frs-bus:PartnerLLP4 2024-05-07 2025-03-31 OC452209 frs-bus:PartnerLLP5 2024-05-07 2025-03-31
Registered number: OC452209
Potters Bar Theatre School Llp
Unaudited Financial Statements
For the Period 7 May 2024 to 31 March 2025
Elevate Professional Ltd T/A Elevate Accountancy
Unit 5 Marlborough Road
Wrexham Industrial Estate
Wrexham
LL13 9RJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: OC452209
31 March 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 5,400
5,400
CURRENT ASSETS
Debtors 5 173
Cash at bank and in hand 865
1,038
NET CURRENT ASSETS (LIABILITIES) 1,038
TOTAL ASSETS LESS CURRENT LIABILITIES 6,438
NET ASSETS ATTRIBUTABLE TO MEMBERS 6,438
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 6,438
6,438
6,438
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 6,438
6,438
For the period 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 M J French
Designated Member
29/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Potters Bar Theatre School Llp is a limited liability partnership, incorporated in England & Wales, registered number OC452209 . The Registered Office is 1 Dell Meadow, Hemel Hempstead, Hertfordshire, HP3 9PS.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are franchise fees. It is amortised to the profit and loss account over its estimated economic life of 10 years.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 1
1
4. Intangible Assets
Other
£
Cost
As at 7 May 2024 -
Additions 6,000
As at 31 March 2025 6,000
Amortisation
As at 7 May 2024 -
Provided during the period 600
As at 31 March 2025 600
Net Book Value
As at 31 March 2025 5,400
As at 7 May 2024 -
Page 2
Page 3
5. Debtors
31 March 2025
£
Due within one year
Other debtors 173
Page 3