Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC411448 P O'Driscoll A O'Driscoll iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC411448 2024-03-31 OC411448 2025-03-31 OC411448 2024-04-01 2025-03-31 OC411448 frs-core:Non-currentFinancialInstruments 2025-03-31 OC411448 frs-core:NetGoodwill 2024-04-01 2025-03-31 OC411448 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC411448 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC411448 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 OC411448 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC411448 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC411448 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC411448 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC411448 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC411448 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC411448 2023-03-31 OC411448 2024-03-31 OC411448 2023-04-01 2024-03-31 OC411448 frs-core:Non-currentFinancialInstruments 2024-03-31
Registered number: OC411448
MF Martial Arts (South) LLP
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Maple Accountancy Ltd
Carter House
Wyvern Business Park, Stanier Way
Derby
Derbyshire
DE21 6BF
MF Martial Arts (South) LLP
Contents
Contents

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

Page 1
MF Martial Arts (South) LLP
Abridged Balance Sheet
As At 31 March 2025
Abridged Balance Sheet
Registered number: OC411448

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 9,356 |  | 12,476
|  |  | 9,356 |  | 12,476
CURRENT ASSETS
Stocks |  | 2,650 |  | 2,900 |
Debtors |  | 231,199 |  | 208,697 |
|  | 233,849 |  | 211,597 |
Creditors: Amounts Falling Due Within One Year |  | (223,711 ) |  | (186,288 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 10,138 |  | 25,309
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 19,494 |  | 37,785
Creditors: Amounts Falling Due After More Than One Year |  |  | (19,494 ) |  | (24,715 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | - |  | 13,070
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts |  | - |  | 13,070 |
|  |  | - |  | 13,070
|  |  | - |  | 13,070
TOTAL MEMBERS' INTEREST
Amounts due from members |  |  | (211,479) |  | (207,447)
Loans and other debts due to members within one year |  |  | - |  | 13,070
|  |  | (211,479) |  | (194,377)

Page 1
Page 2
MF Martial Arts (South) LLP
Abridged 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.
All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members

A O'Driscoll Designated Member
04/03/2026

The notes on page 3 form part of these financial statements.
Page 2
Page 3
MF Martial Arts (South) LLP
Notes to the Abridged Financial Statements
For The Year Ended 31 March 2025
Notes to the Abridged Financial Statements
1. General Information
MF Martial Arts (South) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC411448 . The Registered Office is Carter House, Wyvern Court, Stanier Way, Derby, DE21 6BF.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.4. 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: 3 (2024: 3)
3 3
4. Intangible Assets

| Total
--- | ---
| £
Cost
As at 1 April 2024 | 15,596
As at 31 March 2025 | 15,596
Amortisation
As at 1 April 2024 | 3,120
Provided during the period | 3,120
As at 31 March 2025 | 6,240
Net Book Value
As at 31 March 2025 | 9,356
As at 1 April 2024 | 12,476

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