Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 August 2023 false 1 April 2024 31 March 2025 31 March 2025 OC448598 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC448598 2024-03-31 OC448598 2025-03-31 OC448598 2024-04-01 2025-03-31 OC448598 frs-core:CurrentFinancialInstruments 2025-03-31 OC448598 frs-core:Non-currentFinancialInstruments 2025-03-31 OC448598 frs-core:BetweenOneFiveYears 2025-03-31 OC448598 frs-core:MotorVehicles 2025-03-31 OC448598 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC448598 frs-core:MotorVehicles 2024-03-31 OC448598 frs-core:WithinOneYear 2025-03-31 OC448598 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC448598 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC448598 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC448598 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC448598 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC448598 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC448598 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC448598 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC448598 2023-07-31 OC448598 2024-03-31 OC448598 2023-08-01 2024-03-31 OC448598 frs-core:CurrentFinancialInstruments 2024-03-31 OC448598 frs-core:Non-currentFinancialInstruments 2024-03-31 OC448598 frs-core:BetweenOneFiveYears 2024-03-31 OC448598 frs-core:WithinOneYear 2024-03-31
Registered number: OC448598
Estate Planning Direct LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
LLP Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
LLP Information
LLP Registration Number OC448598
Registered Office The Old Cottage, Lewes Road
Laughton
Lewes
East Sussex
BN8 6BQ
Accountants Kent Financial & Management Services
92 Colonel Stephens Way
Tenterden
Kent
TN30 6EZ
Page 1
Page 2
Accountant's Report
In accordance with the engagement letter dated 17 August 2023 , and in order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have compiled the financial statements of the LLP from the accounting records and information and explanations you have given to us.
This report is made to the partners in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the partners the financial statements that we have been engaged to compile, to report to the partners that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the partnership and the partners for our work or for this report.
You have acknowledged on the Balance Sheet as at  Peropd ended 31 March 2024,  your duty to ensure that the partnership has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the LLP is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Kent Financial & Management Services Ltd
03/11/2025
Kent Financial & Management Services
92 Colonel Stephens Way
Tenterden
Kent
TN30 6EZ
Page 2
Page 3
Balance Sheet
Registered number: OC448598
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,583 -
20,583 -
CURRENT ASSETS
Debtors 5 11,501 1,795
Cash at bank and in hand 5,121 143
16,622 1,938
Creditors: Amounts Falling Due Within One Year 6 (11,916 ) (5,927 )
NET CURRENT ASSETS (LIABILITIES) 4,706 (3,989 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,289 (3,989 )
Creditors: Amounts Falling Due After More Than One Year 7 (10,667 ) -
NET ASSETS/(LIABILITIES) ATTRIBUTABLE TO MEMBERS 14,622 (3,989 )
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (38,355) (28,813)
Other amounts 52,977 24,824
14,622 (3,989)
14,622 (3,989)
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 14,622 (3,989)
14,622 (3,989)
Page 3
Page 4
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 D Larkin
Partner
03/11/2025
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Estate Planning Direct is  is a limited liability partnership, incorporated in England & Wales, registered number OC448598 . The Registered Office is, The Old Cottage, Lewes Road, Laughton, Lewes, East Sussex, BN8 6BQ
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. 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 25%
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.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 April 2024 -
Additions 26,000
As at 31 March 2025 26,000
Depreciation
As at 1 April 2024 -
Provided during the period 5,417
As at 31 March 2025 5,417
Net Book Value
As at 31 March 2025 20,583
As at 1 April 2024 -
Cost or valuation as at  represented by:
Plant & Machinery Motor Vehicles Total
£ £ £
At cost (26,000) 26,000 -
At valuation 26,000 - 26,000
- 26,000 26,000
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors 11,403 1,795
Prepayments and accrued income 98 -
11,501 1,795
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,667 -
Trade creditors 475 1,097
Other taxes and social security 68 68
VAT 4,645 -
Net wages - 272
Credit Card Control 4,061 4,031
Accruals and deferred income - 459
11,916 5,927
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Page 7
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 March 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,667 -
8. Obligations Under Finance Leases and Hire Purchase
31 March 2025 31 March 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,667 -
Later than one year and not later than five years 10,667 -
13,334 -
13,334 -
Page 7