Acorah Software Products - Accounts Production 16.8.310 false true true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 OC398991 Mr Anil Rai iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC398991 2024-04-05 OC398991 2025-04-05 OC398991 2024-04-06 2025-04-05 OC398991 frs-core:CurrentFinancialInstruments 2025-04-05 OC398991 frs-core:Non-currentFinancialInstruments 2025-04-05 OC398991 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-05 OC398991 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-06 2025-04-05 OC398991 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-05 OC398991 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC398991 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC398991 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 OC398991 frs-bus:SmallEntities 2024-04-06 2025-04-05 OC398991 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC398991 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC398991 frs-countries:EnglandWales 2024-04-06 2025-04-05 OC398991 frs-bus:PartnerLLP1 2024-04-06 2025-04-05 OC398991 2023-04-05 OC398991 2024-04-05 OC398991 2023-04-06 2024-04-05 OC398991 frs-core:CurrentFinancialInstruments 2024-04-05 OC398991 frs-core:Non-currentFinancialInstruments 2024-04-05
Registered number: OC398991
Shankly Hotel LLP
Financial Statements
For The Year Ended 5 April 2025
SAWHNEY CONSULTING
Suite 311 Harrow Business Centre
429-433 Pinner Road
Harrow
HA1 4HN
Shankly Hotel LLP
Contents
Contents

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

Page 1
Shankly Hotel LLP
Balance Sheet
As At 5 April 2025
Balance Sheet
Registered number: OC398991

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,812,206 |  | 2,981,197
|  |  | 2,812,206 |  | 2,981,197
CURRENT ASSETS
Debtors | 5 | 243,530 |  | 254,586 |
Cash at bank and in hand |  | 6,366 |  | 1,674 |
|  | 249,896 |  | 256,260 |
Creditors: Amounts Falling Due Within One Year | 6 | (244,324 ) |  | (258,060 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 5,572 |  | (1,800 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,817,778 |  | 2,979,397
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (2,275,000 ) |  | (2,275,000 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 542,778 |  | 704,397
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability |  | 896,186 |  | 871,767 |
|  |  | 896,186 |  | 871,767
Equity
Members' other interests
Other reserves |  | (353,408) |  | (167,370) |
|  |  | (353,408) |  | (167,370)
|  |  | 542,778 |  | 704,397
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year |  |  | 896,186 |  | 871,767
Members' other interests |  |  | (353,408) |  | (167,370)
|  |  | 542,778 |  | 704,397

Page 1
Page 2
Shankly Hotel LLP
Balance Sheet (continued)
As At 5 April 2025
For the year ending 5 April 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 member acknowledges his 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 Anil Rai Designated Member
16 January 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Shankly Hotel LLP
Notes to the Financial Statements
For The Year Ended 5 April 2025
Notes to the Financial Statements
1. General Information
Shankly Hotel LLP is a limited liability partnership, incorporated in England & Wales, registered number OC398991 . The Registered Office is 128 Buckingham Palace Road, London, SW1W 9SA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis for at least 12 months from the balance sheet date, on the basis that the members intend to ensure the LLP remains solvent and able to meet its liabilities as they fall due.
This assessment has been made notwithstanding that Signature Living Hotel Limited (the operator) is in administration and that a loan balance of £2,275,000 is due to the operator at the balance sheet date. The LLP is contractually entitled to rent and has offered the administrators the option to net off rent receivable; however, no formal set-off agreement is in place.
The members have confirmed their continued support, including funding ongoing commitments as required, and are progressing a sale of the hotel with the administrator with a view to maximising value. The members expect that the disposal proceeds will be sufficient to exceed the LLP’s liabilities and consider the going concern basis to be appropriate.
2.3. Turnover
Turnover is measured at the fair value of the rent received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rent.Turnover from the rent is recognised by reference to the receipt of rent as of the services alraedy provided to the customers.
2.4. 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:

Leasehold | 26 Years

2.5. Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: )
- -
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold
| £
Cost
As at 6 April 2024 | 4,377,818
As at 5 April 2025 | 4,377,818
Depreciation
As at 6 April 2024 | 1,396,621
Provided during the period | 168,991
As at 5 April 2025 | 1,565,612
Net Book Value
As at 5 April 2025 | 2,812,206
As at 6 April 2024 | 2,981,197

Page 3
Page 4
Shankly Hotel LLP
Notes to the Financial Statements (continued)
For The Year Ended 5 April 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 876 |  | 11,932
Due after more than one year
Other debtors | 242,654 |  | 242,654
| 243,530 |  | 254,586

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 11,772 |  | 15,642
Other creditors | 232,552 |  | 242,418
| 244,324 |  | 258,060

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 2,275,000 |  | 2,275,000

Page 4