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 OC399240 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC399240 2024-03-31 OC399240 2025-03-31 OC399240 2024-04-01 2025-03-31 OC399240 frs-core:CurrentFinancialInstruments 2025-03-31 OC399240 frs-core:Non-currentFinancialInstruments 2025-03-31 OC399240 frs-core:BetweenOneFiveYears 2025-03-31 OC399240 frs-core:ComputerEquipment 2025-03-31 OC399240 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC399240 frs-core:ComputerEquipment 2024-03-31 OC399240 frs-core:MotorVehicles 2025-03-31 OC399240 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC399240 frs-core:MotorVehicles 2024-03-31 OC399240 frs-core:WithinOneYear 2025-03-31 OC399240 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC399240 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC399240 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC399240 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC399240 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC399240 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC399240 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC399240 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC399240 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC399240 2023-03-31 OC399240 2024-03-31 OC399240 2023-04-01 2024-03-31 OC399240 frs-core:CurrentFinancialInstruments 2024-03-31 OC399240 frs-core:Non-currentFinancialInstruments 2024-03-31 OC399240 frs-core:BetweenOneFiveYears 2024-03-31 OC399240 frs-core:WithinOneYear 2024-03-31
Registered number: OC399240
The Eastburn Partnership LLP
Financial Statements
For The Year Ended 31 March 2025
Affinity Associates (AU) Limited
Office 43, The Cobalt Bldg
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: OC399240
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,704 102,323
77,704 102,323
CURRENT ASSETS
Debtors 5 2,034 1,336
Cash at bank and in hand 13,945 9,644
15,979 10,980
Creditors: Amounts Falling Due Within One Year 6 (46,336 ) (42,464 )
NET CURRENT ASSETS (LIABILITIES) (30,357 ) (31,484 )
TOTAL ASSETS LESS CURRENT LIABILITIES 47,347 70,839
Creditors: Amounts Falling Due After More Than One Year 7 (33,511 ) (40,028 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 13,836 30,811
REPRESENTED BY:
Loans and other debts due to members
Other amounts 13,836 30,811
13,836 30,811
13,836 30,811
TOTAL MEMBERS' INTEREST
Loans and other debts due to members 13,836 30,811
13,836 30,811
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 Income Statement.
On behalf of the members
Mrs J Eastburn
Partner
Mr M Eastburn
Partner
22 July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Eastburn Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC399240 . The Registered Office is Office 43, The Cobalt Building, 1600 Eureka Park, Lower Pemberton, Ashford, Kent, TN25 4BF.
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.
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:
Motor Vehicles 20% Straight line
Computer Equipment 25% Reducing balance
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 income statement 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 income statement as incurred.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 121,678 3,491 125,169
Additions - 133 133
As at 31 March 2025 121,678 3,624 125,302
Depreciation
As at 1 April 2024 20,933 1,913 22,846
Provided during the period 24,336 416 24,752
As at 31 March 2025 45,269 2,329 47,598
Net Book Value
As at 31 March 2025 76,409 1,295 77,704
As at 1 April 2024 100,745 1,578 102,323
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 585 595
Other debtors 1,449 741
2,034 1,336
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,517 6,517
Trade creditors 801 126
Bank loans and overdrafts 30,000 30,000
Other creditors 726 546
Taxation and social security 8,292 5,275
46,336 42,464
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 33,511 40,028
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,517 6,517
Later than one year and not later than five years 33,511 40,028
40,028 46,545
40,028 46,545
Page 4