Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC399210 Mr James Delve Ms Catherine Delve iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC399210 2024-03-31 OC399210 2025-03-31 OC399210 2024-04-01 2025-03-31 OC399210 frs-core:CurrentFinancialInstruments 2025-03-31 OC399210 frs-core:Non-currentFinancialInstruments 2025-03-31 OC399210 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC399210 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC399210 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC399210 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC399210 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC399210 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC399210 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC399210 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC399210 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC399210 2023-03-31 OC399210 2024-03-31 OC399210 2023-04-01 2024-03-31 OC399210 frs-core:CurrentFinancialInstruments 2024-03-31 OC399210 frs-core:Non-currentFinancialInstruments 2024-03-31
Registered number: OC399210
Amica Ventures LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Hargreaves & Co
Contents
Page
LLP Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
LLP Information
Designated Members Mr James Delve
Ms Catherine Delve
LLP Registration Number OC399210
Registered Office The Charmwood Centre Southampton Road
Bartley
Southampton
Hampshire
SO40 2NA
Accountants Hargreaves & Co
Chartered Certified Accountants
The Charmwood Centre
Bartley
Southampton
Hants
SO40 2NA
Page 1
Page 2
Balance Sheet
Registered number: OC399210
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 407,385 723,619
Cash at bank and in hand 87 3
407,472 723,622
Creditors: Amounts Falling Due Within One Year 5 (69,329 ) (403,179 )
NET CURRENT ASSETS (LIABILITIES) 338,143 320,443
TOTAL ASSETS LESS CURRENT LIABILITIES 338,143 320,443
Creditors: Amounts Falling Due After More Than One Year 6 (416,589 ) (400,150 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (78,446 ) (79,707 )
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (78,446) (79,707)
(78,446) (79,707)
(78,446) (79,707)
TOTAL MEMBERS' INTEREST
Amounts due from members (268,191) (284,408)
Loans and other debts due to members within one year (78,446) (79,707)
(346,637) (364,115)
Page 2
Page 3
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
Ms Catherine Delve
Designated Member
29 December 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Amica Ventures LLP is a limited liability partnership, incorporated in England & Wales, registered number OC399210 . The Registered Office is The Charmwood Centre Southampton Road, Bartley, Southampton, Hampshire, SO40 2NA.
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.
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. Debtors
2025 2024
£ £
Due within one year
Trade debtors 85,200 42,582
Prepayments and accrued income - 324
Other debtors - 1,000
VAT 54,494 61,334
Amounts due from members 268,191 284,408
407,885 389,648
Due after more than one year
Other debtors (500 ) 333,971
407,385 723,619
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 67,229 402,179
Accruals and deferred income 2,100 1,000
69,329 403,179
Page 4
Page 5
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 416,589 400,150
Page 5