Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 OC370923 Nordic Federated Ltd Mr Marat Shaydullin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC370923 2023-12-31 OC370923 2024-12-31 OC370923 2024-01-01 2024-12-31 OC370923 frs-core:CurrentFinancialInstruments 2024-12-31 OC370923 frs-core:Non-currentFinancialInstruments 2024-12-31 OC370923 frs-bus:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC370923 frs-bus:LimitedLiabilityPartnershipsSORP 2024-01-01 2024-12-31 OC370923 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 OC370923 frs-bus:SmallEntities 2024-01-01 2024-12-31 OC370923 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC370923 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 OC370923 frs-countries:EnglandWales 2024-01-01 2024-12-31 OC370923 frs-bus:PartnerLLP1 2024-01-01 2024-12-31 OC370923 frs-bus:PartnerLLP2 2024-01-01 2024-12-31 OC370923 2022-12-31 OC370923 2023-12-31 OC370923 2023-01-01 2023-12-31 OC370923 frs-core:CurrentFinancialInstruments 2023-12-31 OC370923 frs-core:Non-currentFinancialInstruments 2023-12-31
Registered number: OC370923
KSP Worldwide LLP
Unaudited Financial Statements
For The Year Ended 31 December 2024
More Group (Accounting) Limited
KSP Worldwide LLP
Contents
Contents
Page
LLP Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4
Page 1
KSP Worldwide LLP
LLP Information
For The Year Ended 31 December 2024
LLP Information
Designated Members Nordic Federated Ltd
Mr Marat Shaydullin
LLP Registration Number OC370923
Registered Office 1 Giltspur Street
Farringdon
London
EC1A 9DD
Accountants More Group (Accounting) Limited
1 Giltspur Street
Farringdon
London
EC1A 9DD
Page 1
Page 2
KSP Worldwide LLP
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: OC370923
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,993,982 2,151,728
Cash at bank and in hand 299,282 106,723
2,293,264 2,258,451
Creditors: Amounts Falling Due Within One Year 5 (301,458 ) (445,420 )
NET CURRENT ASSETS (LIABILITIES) 1,991,806 1,813,031
TOTAL ASSETS LESS CURRENT LIABILITIES 1,991,806 1,813,031
Creditors: Amounts Falling Due After More Than One Year 6 (18,718 ) (18,718 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,973,088 1,794,313
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 1,972,988 1,794,213
1,972,988 1,794,213
Equity
Members' other interests
Members' capital 100 100
100 100
1,973,088 1,794,313
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 1,972,988 1,794,213
Members' other interests 100 100
1,973,088 1,794,313
Page 2
Page 3
KSP Worldwide LLP
Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 2024 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.
The financial statements were approved by the members on 5 September 2025 and were signed on their behalf by:
Nordic Federated Ltd
Designated Member
05/09/2025
The notes on page 4 form part of these financial statements.
Page 3
Page 4
KSP Worldwide LLP
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
KSP Worldwide LLP is a limited liability partnership, incorporated in England & Wales, registered number OC370923 . The Registered Office is 1 Giltspur Street, Farringdon, London, EC1A 9DD.
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. 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.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 503,749 659,229
Prepayments and accrued income 1,438 3,704
Other debtors 1,488,795 1,488,795
1,993,982 2,151,728
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 301,458 445,420
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 18,718 18,718
Page 4