Limited Liability Partnership registration number OC396313 (England and Wales)
MIDLAND COMPUTER SOLUTIONS LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
MIDLAND COMPUTER SOLUTIONS LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MIDLAND COMPUTER SOLUTIONS LLP
BALANCE SHEET
AS AT 29 NOVEMBER 2024
29 November 2024
- 1 -
2024
2023
£
£
£
£
Net assets attributable to members
-
-
Represented by:
Total members' interests
-
-

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

For the financial year ended 29 November 2024 the limited liability partnership was entitled to exemption from audit under section 480 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to dormant limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied for Limited Liability Partnerships) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

The financial statements were approved by the members and authorised for issue on 13 August 2025 and are signed on their behalf by:
13 August 2025
J Czarnota
Designated member
Limited Liability Partnership Registration No. OC396313
MIDLAND COMPUTER SOLUTIONS LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2024
- 2 -
1
Accounting policies
Limited liability partnership information

Midland Computer Solutions LLP is a limited liability partnership incorporated in England and Wales. The registered office is c/o Mercer & Hole LLP, The Pinnacle, 170 Midsummer Boulevard, Milton Keynes, MK9 1BP.

 

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

1.2
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the limited liability partnership is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.3
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the limited liability partnership’s accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

MIDLAND COMPUTER SOLUTIONS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 NOVEMBER 2024
- 3 -
3
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2024
2023
Number
Number
Total
0
0
2024-11-292023-11-30falsetrue13 August 2025CCH SoftwareCCH Accounts Production 2025.200falseOC3963132023-11-302024-11-29OC3963132024-11-29OC396313bus:PartnerLLP12023-11-302024-11-29OC3963132022-11-302023-11-29OC396313bus:EntityHasNeverTraded2023-11-302024-11-29OC396313bus:LimitedLiabilityPartnershipLLP2023-11-302024-11-29OC396313bus:SmallCompaniesRegimeForAccounts2023-11-302024-11-29OC396313bus:FRS1022023-11-302024-11-29OC396313bus:AuditExemptWithAccountantsReport2023-11-302024-11-29OC396313bus:FullAccounts2023-11-302024-11-29xbrli:purexbrli:shares