Acorah Software Products - Accounts Production 18.1.170 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 OC356138 Mr Alastair Petfield Mr Daniel Bloomfield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC356138 2024-07-31 OC356138 2025-07-31 OC356138 2024-08-01 2025-07-31 OC356138 frs-core:CurrentFinancialInstruments 2025-07-31 OC356138 frs-core:FurnitureFittings 2025-07-31 OC356138 frs-core:FurnitureFittings 2024-08-01 2025-07-31 OC356138 frs-core:FurnitureFittings 2024-07-31 OC356138 frs-bus:LimitedLiabilityPartnershipLLP 2024-08-01 2025-07-31 OC356138 frs-bus:LimitedLiabilityPartnershipsSORP 2024-08-01 2025-07-31 OC356138 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 OC356138 frs-bus:SmallEntities 2024-08-01 2025-07-31 OC356138 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 OC356138 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 OC356138 frs-countries:EnglandWales 2024-08-01 2025-07-31 OC356138 frs-bus:PartnerLLP1 2024-08-01 2025-07-31 OC356138 frs-bus:PartnerLLP2 2024-08-01 2025-07-31 OC356138 2023-07-31 OC356138 2024-07-31 OC356138 2023-08-01 2024-07-31 OC356138 frs-core:CurrentFinancialInstruments 2024-07-31
Registered number: OC356138
Subexotic Records LLP
Financial Statements
For The Year Ended 31 July 2025
Sloane & Co. LLP
Chartered Certified Accountants & Business Advisors
Office 015
30 Great Guildford Street
Borough, London
SE1 0HS
Subexotic Records LLP
Financial Statements
For The Year Ended 31 July 2025
Financial Statements

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

Page 1
Subexotic Records LLP
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: OC356138

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
CURRENT ASSETS
Debtors | 4 | 372 |  | 152 |
Cash at bank and in hand |  | 9,976 |  | 13,713 |
|  | 10,348 |  | 13,865 |
Creditors: Amounts Falling Due Within One Year | 5 | (873 ) |  | (600 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 9,475 |  | 13,265
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 9,475 |  | 13,265
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 9,475 |  | 13,265
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability |  | (31,474) |  | (31,474) |
Other amounts |  | 40,949 |  | 44,738 |
|  |  | 9,475 |  | 13,264
|  |  | 9,475 |  | 13,264
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year |  |  | 9,475 |  | 13,264
|  |  | 9,475 |  | 13,264

Page 1
Page 2
Subexotic Records LLP
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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

Mr Daniel Bloomfield Designated Member
15 April 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Subexotic Records LLP
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. Accounting Policies
1.1. 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 May 2024 (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.
1.2. 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.
1.3. 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:

Fixtures & Fittings | 25% Sraight line

2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
3. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 August 2024 | 44,013
As at 31 July 2025 | 44,013

...CONTINUED
Page 3
Page 4
Subexotic Records LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024 | 44,013
As at 31 July 2025 | 44,013
Net Book Value
As at 31 July 2025 | -
As at 1 August 2024 | -

4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 372 |  | 28
VAT | - |  | 124
| 372 |  | 152

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
VAT | 273 |  | -
Accruals and deferred income | 600 |  | 600
| 873 |  | 600

6. General Information
Subexotic Records LLP is a limited liability partnership, incorporated in England & Wales, registered number OC356138 . The Registered Office is 6 Beach Road, Porthcawl, Wales, CF36 5NH.
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