FYBO LLP - LLP accounts 18.2

FYBO LLP - LLP accounts 18.2

FYBO LLP - Company Information

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REGISTERED NUMBER: OC402554 (England and Wales)















REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2018

FOR

FYBO LLP
FYBO LLP (REGISTERED NUMBER: OC402554)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2018




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


FYBO LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2018







DESIGNATED MEMBERS: S J Bowker
P Moore





REGISTERED OFFICE: South Cottage
Shepton Montegue
Wincanton
Somerset
BA9 8JW





REGISTERED NUMBER: OC402554 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP
Page 1
FYBO LLP (REGISTERED NUMBER: OC402554)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 31 OCTOBER 2018

The members present their report with the financial statements of the LLP for the year ended 31 October 2018.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of affiliate marketing websites.

DESIGNATED MEMBERS
The designated members during the year under review were:

S J Bowker
P Moore

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £2,708 (2017 - £2,179 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





S J Bowker - Designated member


26 July 2019

Page 2
FYBO LLP (REGISTERED NUMBER: OC402554)

INCOME STATEMENT
FOR THE YEAR ENDED 31 OCTOBER 2018

31.10.18 31.10.17
Notes £    £   

TURNOVER 2,954 2,420

Administrative expenses (246 ) (241 )
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS



2,708



2,179

The notes form part of these financial statements

Page 3
FYBO LLP (REGISTERED NUMBER: OC402554)

BALANCE SHEET
31 OCTOBER 2018

31.10.18 31.10.17
Notes £    £   
CURRENT ASSETS
Cash at bank 667 239

CREDITORS
Amounts falling due within one year 4 220 220
NET CURRENT ASSETS 447 19
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
447
19

LOANS AND OTHER DEBTS DUE TO
MEMBERS
5
447
19

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 447 19

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 October 2018.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act
2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by
the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008
relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.

The financial statements were approved by the members of the LLP on 26 July 2019 and were signed by:




S J Bowker - Designated member




P Moore - Designated member


The notes form part of these financial statements

Page 4
FYBO LLP (REGISTERED NUMBER: OC402554)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2018

1. STATUTORY INFORMATION

FYBO LLP is registered in England and Wales. The LLP's registered number and registered office address can be
found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Turnover represents total invoiced sales of services.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2017 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Other creditors 220 220

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a
winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other
interests'.

Page 5