Acorah Software Products - Accounts Production 18.1.170 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC317463 Mr P Holling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC317463 2024-03-31 OC317463 2025-03-31 OC317463 2024-04-01 2025-03-31 OC317463 frs-core:CurrentFinancialInstruments 2025-03-31 OC317463 frs-core:Non-currentFinancialInstruments 2025-03-31 OC317463 frs-core:PlantMachinery 2025-03-31 OC317463 frs-core:PlantMachinery 2024-03-31 OC317463 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC317463 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC317463 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC317463 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC317463 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC317463 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC317463 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC317463 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC317463 2023-03-31 OC317463 2024-03-31 OC317463 2023-04-01 2024-03-31 OC317463 frs-core:CurrentFinancialInstruments 2024-03-31 OC317463 frs-core:Non-currentFinancialInstruments 2024-03-31
Registered number: OC317463
4L's Properties LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
A Wigglesworth & Company Ltd
Armstrong House
First Avenue
Doncaster
DN9 3GA
4L's Properties LLP
Contents
Contents

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

Page 1
4L's Properties LLP
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: OC317463

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 5 |  | 4,729,300 |  | 4,729,300
|  |  | 4,729,300 |  | 4,729,300
CURRENT ASSETS
Debtors | 6 | 55,875 |  | 51,900 |
Cash at bank and in hand |  | 8,057 |  | 10,730 |
|  | 63,932 |  | 62,630 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,055,692 ) |  | (1,006,761 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (991,760 ) |  | (944,131 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,737,540 |  | 3,785,169
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,085,114 ) |  | (1,129,482 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 2,652,426 |  | 2,655,687
REPRESENTED BY:
Loans and other debts due to members
Other amounts |  | 136,064 |  | 139,325 |
|  |  | 136,064 |  | 139,325
Equity
Members' other interests
Revaluation reserve |  | 2,516,362 |  | 2,516,362 |
|  |  | 2,516,362 |  | 2,516,362
|  |  | 2,652,426 |  | 2,655,687

...CONTINUED
Page 1
Page 2
4L's Properties LLP
Balance Sheet (continued)
As At 31 March 2025

TOTAL MEMBERS' INTEREST
Loans and other debts due to members |  |  | 136,064 |  | 139,325
Members' other interests |  |  | 2,516,362 |  | 2,516,362
|  |  | 2,652,426 |  | 2,655,687

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 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 P Holling Designated Member
23/03/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
4L's Properties LLP
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
4L's Properties LLP is a limited liability partnership, incorporated in England & Wales, registered number OC317463 . The Registered Office is UN9 Armstrong House, First Avenue, Doncaster, DN9 3GA.
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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Page 3
Page 4
4L's Properties LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 April 2024 | 10,794
As at 31 March 2025 | 10,794
Depreciation
As at 1 April 2024 | 10,794
As at 31 March 2025 | 10,794
Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 and 31 March 2025 | 4,729,300

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by participating interests | 55,875 |  | 51,900

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 129,744 |  | 111,117
Bank loans and overdrafts | 40,803 |  | 40,803
Amounts owed to group undertakings | 562,358 |  | 588,638
Other creditors | 221,000 |  | 180,000
Taxation and social security | 101,787 |  | 86,203
| 1,055,692 |  | 1,006,761

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,085,114 |  | 1,129,482

Page 5