Acorah Software Products - Accounts Production 19.3.550 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 OC344050 Ms Catherine Barr Mr Anthony Webster Wickham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC344050 2025-03-31 OC344050 2026-03-31 OC344050 2025-04-01 2026-03-31 OC344050 frs-core:CurrentFinancialInstruments 2026-03-31 OC344050 frs-core:Non-currentFinancialInstruments 2026-03-31 OC344050 frs-core:BetweenOneFiveYears 2026-03-31 OC344050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 OC344050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 OC344050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 OC344050 frs-core:MotorVehicles 2026-03-31 OC344050 frs-core:MotorVehicles 2025-04-01 2026-03-31 OC344050 frs-core:MotorVehicles 2025-03-31 OC344050 frs-core:PlantMachinery 2026-03-31 OC344050 frs-core:PlantMachinery 2025-04-01 2026-03-31 OC344050 frs-core:PlantMachinery 2025-03-31 OC344050 frs-core:WithinOneYear 2026-03-31 OC344050 frs-bus:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC344050 frs-bus:LimitedLiabilityPartnershipsSORP 2025-04-01 2026-03-31 OC344050 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 OC344050 frs-bus:SmallEntities 2025-04-01 2026-03-31 OC344050 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 OC344050 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 OC344050 1 2025-04-01 2026-03-31 OC344050 frs-countries:EnglandWales 2025-04-01 2026-03-31 OC344050 frs-bus:PartnerLLP1 2025-04-01 2026-03-31 OC344050 frs-bus:PartnerLLP2 2025-04-01 2026-03-31 OC344050 2024-03-31 OC344050 2025-03-31 OC344050 2024-04-01 2025-03-31 OC344050 frs-core:CurrentFinancialInstruments 2025-03-31 OC344050 frs-core:Non-currentFinancialInstruments 2025-03-31 OC344050 frs-core:BetweenOneFiveYears 2025-03-31 OC344050 frs-core:MotorVehicles 2024-04-01 2025-03-31 OC344050 frs-core:WithinOneYear 2025-03-31 OC344050 1 2024-04-01 2025-03-31
Registered number: OC344050
BWA Design LLP
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: OC344050
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 438,008 528,144
438,008 528,144
CURRENT ASSETS
Debtors 5 66,143 43,013
Cash at bank and in hand 2,354 41,944
68,497 84,957
Creditors: Amounts Falling Due Within One Year 6 (117,195 ) (166,448 )
NET CURRENT ASSETS (LIABILITIES) (48,698 ) (81,491 )
TOTAL ASSETS LESS CURRENT LIABILITIES 389,310 446,653
Creditors: Amounts Falling Due After More Than One Year 7 (129,617 ) (161,246 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 259,693 285,407
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 161,272 186,986
161,272 186,986
Equity
Members' other interests
Revaluation reserve 98,421 98,421
98,421 98,421
259,693 285,407
...CONTINUED
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TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 161,272 186,986
Members' other interests 98,421 98,421
259,693 285,407
For the year ending 31 March 2026 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 Anthony Webster Wickham
Designated Member
28 July 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
BWA Design LLP is a limited liability partnership, incorporated in England & Wales, registered number OC344050 . The Registered Office is The Byway Castle Lane, Hay On Wye, Hereford, HR3 5FD.
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 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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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 Over 50 years
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
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.
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2.5. Financial Instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Other debtors and creditors are measured at amortised cost using the effective interest rate method. 
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.
2.6. Pensions
The LLP operates a defined pension contribution scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.
2.7. Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
2.8. Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
3. Average Number of Employees
2026 2025
Average number of persons employed by the LLP 4 3
4 3
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4. Tangible Assets
Land & Property
Freehold Plant and machinery Motor vehicles Total
£ £ £ £
Cost
As at 1 April 2025 332,195 146,224 266,464 744,883
Additions - 5,365 310 5,675
Disposals - (6,296 ) (124,707 ) (131,003 )
As at 31 March 2026 332,195 145,293 142,067 619,555
Depreciation
As at 1 April 2025 48,000 77,794 90,945 216,739
Provided during the period 4,000 19,179 37,320 60,499
Disposals - (4,931 ) (90,760 ) (95,691 )
As at 31 March 2026 52,000 92,042 37,505 181,547
Net Book Value
As at 31 March 2026 280,195 53,251 104,562 438,008
As at 1 April 2025 284,195 68,430 175,519 528,144
Freehold land and buildings historical costs is £226,580 (2025 : £226,580)
Freehold property was revalued by the Members in the year ended 31 March 2013 after taking due consideration of similar freeholds in the same condition and location. The members do not believe that there has been any material change in the valuation by the balance sheet date.
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2026 2025
£ £
Motor vehicles 101,776 159,122
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 63,251 37,822
Other debtors 2,892 5,191
66,143 43,013
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Page 6
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 23,371 55,345
Trade creditors 9,692 30,959
Bank loans and overdrafts 10,023 17,158
Other creditors 72,956 62,514
Taxation and social security 1,153 472
117,195 166,448
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 65,252 85,671
Bank loans 64,365 75,575
129,617 161,246
Included within creditors falling due after more than one year is an amount of £4,962 (2025 : £16,172) in respect of liabilities which fall due for payment after more than five years from the balance sheet date.
8. Secured Creditors
The bank loan is in respect to a repayment mortgage held over freeehold property known as The Function Room and Premises, Castle Lane, Hay-on-Wye, HR3 5FD. A floating charge is registered over the property by Barclays Bank PLC.
2026 2025
£ £
Bank loans and overdrafts 72,715 81,066
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 23,371 55,345
Later than one year and not later than five years 65,252 85,671
88,623 141,016
88,623 141,016
10. Related Party Transactions
In the opinion of the members there is no controlling party as defined by financial reporting Standard No 8 "Related party disclosures"
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11. Member's participation rights
Member's participation rights are the rights of a member against the LLP that arise under the members' agreement.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amount arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the Profit and Loss Account in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the Balance Sheet.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among member in the Profit and Loss Accounts and are equity appropriations in the Balance Sheet.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balance, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to member that are classified as liabilities are presented in the Balance Sheet within 'Loans and other debts due to members' and are charged as an expense. Amount due to members that are classified as equity are shown in the Balance Sheet within 'Member' other interests'.
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