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 OC407218 J W Ashford E L Ashford K Ashford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC407218 2024-03-31 OC407218 2025-03-31 OC407218 2024-04-01 2025-03-31 OC407218 frs-core:CurrentFinancialInstruments 2025-03-31 OC407218 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 OC407218 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC407218 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 OC407218 frs-core:MotorVehicles 2025-03-31 OC407218 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC407218 frs-core:MotorVehicles 2024-03-31 OC407218 frs-core:PlantMachinery 2025-03-31 OC407218 frs-core:PlantMachinery 2024-04-01 2025-03-31 OC407218 frs-core:PlantMachinery 2024-03-31 OC407218 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC407218 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC407218 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC407218 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC407218 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC407218 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC407218 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC407218 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC407218 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC407218 frs-bus:PartnerLLP3 2024-04-01 2025-03-31 OC407218 2023-03-31 OC407218 2024-03-31 OC407218 2023-04-01 2024-03-31 OC407218 frs-core:CurrentFinancialInstruments 2024-03-31 OC407218 frs-core:WithinOneYear 2024-03-31
Registered number: OC407218
Wayfarer Wines LLP
Financial Statements
For The Year Ended 31 March 2025
Wayfarer Wines LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Wayfarer Wines LLP
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: OC407218

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 307,577 |  | 315,014
|  |  | 307,577 |  | 315,014
CURRENT ASSETS
Stocks | 5 | 76,101 |  | 82,203 |
Debtors | 6 | 671,237 |  | 586,266 |
Cash at bank and in hand |  | 2,900 |  | 1,234 |
|  | 750,238 |  | 669,703 |
Creditors: Amounts Falling Due Within One Year | 7 | (4,292 ) |  | (9,394 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 745,946 |  | 660,309
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,053,523 |  | 975,323
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 1,053,523 |  | 975,323
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts |  | 1,053,523 |  | 975,323 |
|  |  | 1,053,523 |  | 975,323
|  |  | 1,053,523 |  | 975,323
TOTAL MEMBERS' INTEREST
Amounts due from members |  |  | (664,221) |  | (580,763)
Loans and other debts due to members within one year |  |  | 1,053,523 |  | 975,323
|  |  | 389,302 |  | 394,560

Page 1
Page 2
Wayfarer Wines LLP
Balance Sheet (continued)
As At 31 March 2025
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

J W Ashford Designated Member
2 January 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Wayfarer Wines LLP
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Wayfarer Wines LLP is a limited liability partnership, incorporated in England & Wales, registered number OC407218 . The Registered Office is Leonard House, 5-7 Newman Road, Bromley, Kent, BR1 1RJ.
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:

Freehold | Not depreciated
Plant & Machinery | 10% on cost and at varying rates on cost

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.
Page 3
Page 4
Wayfarer Wines LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £
Cost
As at 1 April 2024 | 239,154 | 89,405 | 14,890 | 343,449
Additions | - | 982 | - | 982
As at 31 March 2025 | 239,154 | 90,387 | 14,890 | 344,431
Depreciation
As at 1 April 2024 | - | 25,457 | 2,978 | 28,435
Provided during the period | - | 6,930 | 1,489 | 8,419
As at 31 March 2025 | - | 32,387 | 4,467 | 36,854
Net Book Value
As at 31 March 2025 | 239,154 | 58,000 | 10,423 | 307,577
As at 1 April 2024 | 239,154 | 63,948 | 11,912 | 315,014

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 76,101 |  | 82,203

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 671,237 |  | 586,266

Page 4
Page 5
Wayfarer Wines LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 2,040
Trade creditors | 1,542 |  | 4,544
Other creditors | 2,750 |  | 2,750
Taxation and social security | - |  | 60
| 4,292 |  | 9,394

8. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | - |  | 2,040

Page 5