Acorah Software Products - Accounts Production 16.6.920 false true false 16 January 2024 31 January 2025 31 January 2025 OC450635 Ms L Horder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC450635 2024-01-15 OC450635 2025-01-31 OC450635 2024-01-16 2025-01-31 OC450635 frs-core:CurrentFinancialInstruments 2025-01-31 OC450635 frs-core:Non-currentFinancialInstruments 2025-01-31 OC450635 frs-core:ComputerEquipment 2025-01-31 OC450635 frs-core:ComputerEquipment 2024-01-16 2025-01-31 OC450635 frs-core:ComputerEquipment 2024-01-15 OC450635 frs-bus:LimitedLiabilityPartnershipLLP 2024-01-16 2025-01-31 OC450635 frs-bus:LimitedLiabilityPartnershipsSORP 2024-01-16 2025-01-31 OC450635 frs-bus:FilletedAccounts 2024-01-16 2025-01-31 OC450635 frs-bus:SmallEntities 2024-01-16 2025-01-31 OC450635 frs-bus:AuditExempt-NoAccountantsReport 2024-01-16 2025-01-31 OC450635 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-16 2025-01-31 OC450635 frs-countries:EnglandWales 2024-01-16 2025-01-31 OC450635 frs-bus:PartnerLLP1 2024-01-16 2025-01-31
Registered number: OC450635
Kip McGrath Ossett LLP
Financial Statements
For the Period 16 January 2024 to 31 January 2025
Hope Agar
24a Marsh Street
Rothwell
Leeds
LS26 0BB
Kip McGrath Ossett LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Kip McGrath Ossett LLP
Balance Sheet
As At 31 January 2025
Balance Sheet
Registered number: OC450635

| 31 January 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,571
|  |  | 1,571
CURRENT ASSETS
Cash at bank and in hand |  | 2,179 |
|  | 2,179 |
Creditors: Amounts Falling Due Within One Year | 5 | (1,606 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 573
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,144
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (5,250 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS |  |  | (3,106 )
REPRESENTED BY:
Loans and other debts due to members
Other amounts |  | 17,598 |
|  |  | 17,598
Equity
Members' other interests
Members' capital |  | (20,704) |
|  |  | (20,704)
|  |  | (3,106)
TOTAL MEMBERS' INTEREST
Loans and other debts due to members |  |  | 17,598
Members' other interests |  |  | (20,704)
|  |  | (3,106)

Page 1
Page 2
Kip McGrath Ossett LLP
Balance Sheet (continued)
As At 31 January 2025
For the period ending 31 January 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

Ms L Horder Designated Member
10th November 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Kip McGrath Ossett LLP
Notes to the Financial Statements
For the Period 16 January 2024 to 31 January 2025
Notes to the Financial Statements
1. General Information
Kip McGrath Ossett LLP is a limited liability partnership, incorporated in England & Wales, registered number OC450635 . The Registered Office is 28 Station Road, Ossett, WF5 8AD.
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:

Computer Equipment | 25% reducing balance basis

3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 5
5
Page 3
Page 4
Kip McGrath Ossett LLP
Notes to the Financial Statements (continued)
For the Period 16 January 2024 to 31 January 2025
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 16 January 2024 | -
Additions | 2,095
As at 31 January 2025 | 2,095
Depreciation
As at 16 January 2024 | -
Provided during the period | 524
As at 31 January 2025 | 524
Net Book Value
As at 31 January 2025 | 1,571
As at 16 January 2024 | -

5. Creditors: Amounts Falling Due Within One Year

| 31 January 2025
--- | ---
| £
Other creditors | 1,252
Taxation and social security | 354
| 1,606

6. Creditors: Amounts Falling Due After More Than One Year

| 31 January 2025
--- | ---
| £
Bank loans | 5,250

Page 4