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 OC363802 Mr A P Purdom Mr N S Purdom Mr G V Milner Mr R M Tuffin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC363802 2024-03-31 OC363802 2025-03-31 OC363802 2024-04-01 2025-03-31 OC363802 frs-core:Non-currentFinancialInstruments 2025-03-31 OC363802 frs-core:ComputerEquipment 2025-03-31 OC363802 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC363802 frs-core:ComputerEquipment 2024-03-31 OC363802 frs-core:FurnitureFittings 2025-03-31 OC363802 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC363802 frs-core:FurnitureFittings 2024-03-31 OC363802 frs-core:MotorVehicles 2025-03-31 OC363802 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC363802 frs-core:MotorVehicles 2024-03-31 OC363802 frs-core:PlantMachinery 2025-03-31 OC363802 frs-core:PlantMachinery 2024-04-01 2025-03-31 OC363802 frs-core:PlantMachinery 2024-03-31 OC363802 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC363802 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC363802 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC363802 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC363802 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC363802 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC363802 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC363802 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC363802 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC363802 frs-bus:PartnerLLP3 2024-04-01 2025-03-31 OC363802 frs-bus:PartnerLLP4 2024-04-01 2025-03-31 OC363802 2023-03-31 OC363802 2024-03-31 OC363802 2023-04-01 2024-03-31 OC363802 frs-core:CurrentFinancialInstruments 2024-03-31 OC363802 frs-core:Non-currentFinancialInstruments 2024-03-31 OC363802 frs-core:BetweenOneFiveYears 2024-03-31 OC363802 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC363802 frs-core:WithinOneYear 2024-03-31
Registered number: OC363802
Salix Mechanical Services LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
C&H Stedman
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: OC363802
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 513,066
- 513,066
CURRENT ASSETS
Stocks - 131,892
Debtors 5 - 668,138
Cash at bank and in hand - 1,028,659
- 1,828,689
Creditors: Amounts Falling Due Within One Year 6 - (871,457 )
NET CURRENT ASSETS (LIABILITIES) - 957,232
TOTAL ASSETS LESS CURRENT LIABILITIES - 1,470,298
Creditors: Amounts Falling Due After More Than One Year 7 - (251,986 )
NET ASSETS ATTRIBUTABLE TO MEMBERS - 1,218,312
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts - 1,218,312
- 1,218,312
- 1,218,312
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year - 1,218,312
- 1,218,312
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 G V Milner
Designated Member
30 July 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
Salix Mechanical Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC363802 . The Registered Office is Noble House, Eaton Road, Hemel Hempstead, Hertfordshire, HP2 7UB.
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, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & Machinery 20% on cost
Motor Vehicles 25% on w.d.v
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
The average number of employees during the year was 28 (2024: 28)
28 28
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 61,635 684,143 133,941 34,379 914,098
Additions 5,156 - 1,240 - 6,396
Disposals (66,791 ) (684,143 ) (135,181 ) (34,379 ) (920,494 )
As at 31 March 2025 - - - - -
Depreciation
As at 1 April 2024 43,087 217,647 105,919 34,379 401,032
Provided during the period 2,639 76,231 6,200 - 85,070
Disposals (45,726 ) (293,878 ) (112,119 ) (34,379 ) (486,102 )
As at 31 March 2025 - - - - -
Net Book Value
As at 31 March 2025 - - - - -
As at 1 April 2024 18,548 466,496 28,022 - 513,066
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles - 466,496
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 605,528
Other debtors - 62,610
- 668,138
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 142,822
Trade creditors - 179,402
Bank loans and overdrafts - 10,973
Other creditors - 425,636
Taxation and social security - 112,624
- 871,457
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 236,293
Bank loans - 15,693
- 251,986
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 142,822
Later than one year and not later than five years - 236,293
- 379,115
- 379,115
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year - 28,328
Later than one year and not later than five years - 37,011
- 65,339
10. Loans and other debts due to members
Loans and other debts due to members would rank equally in relation to other unsecured creditors.
Page 5