Pawletts Investments LLP - Accounts to registrar (filleted) - small 18.2

Pawletts Investments LLP - Accounts to registrar (filleted) - small 18.2

PAWLETTS INVESTMENTS LLP - Company Information

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REGISTERED NUMBER: OC347924 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2019

for

Pawletts Investments LLP
Pawletts Investments LLP (Registered number: OC347924)






Contents of the Financial Statements
for the year ended 31 January 2019




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Pawletts Investments LLP

General Information
for the year ended 31 January 2019







DESIGNATED MEMBERS: Mr M J Pawlett
Mr I R Pawlett





REGISTERED OFFICE: Central Avenue
Off High Street
Bentley
Doncaster
South Yorkshire
DN5 0OR





REGISTERED NUMBER: OC347924 (England and Wales)





ACCOUNTANTS: Royston Parkin Limited
2 President Buildings
Savile Street East
Sheffield
South Yorkshire
S4 7UQ
Page 1
Pawletts Investments LLP (Registered number: OC347924)

Statement of Financial Position
31 January 2019

2019 2018
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 188,189 188,189

CURRENT ASSETS
Cash at bank 6,833 5,006

CREDITORS
Amounts falling due within one year 4 11,042 9,307
NET CURRENT LIABILITIES (4,209 ) (4,301 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
183,980
183,888

CREDITORS
Amounts falling due after more than one
year
5
(74,831
)
(80,811
)

PROVISIONS FOR LIABILITIES (5,700 ) (5,700 )
NET ASSETS ATTRIBUTABLE TO
MEMBERS
103,449
97,377

The notes form part of these financial statements

Page 2 continued...
Pawletts Investments LLP (Registered number: OC347924)

Statement of Financial Position - continued
31 January 2019

2019 2018
as restated
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS
79,149
73,077

MEMBERS' OTHER INTERESTS
Revaluation reserve 6 24,300 24,300
103,449 97,377

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 79,149 73,077
Members' other interests 24,300 24,300
103,449 97,377

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 January 2019.

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 and delivered 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.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP on 24 July 2019 and were signed by:




Mr M J Pawlett - Designated member

The notes form part of these financial statements

Page 3
Pawletts Investments LLP (Registered number: OC347924)

Notes to the Financial Statements
for the year ended 31 January 2019

1. STATUTORY INFORMATION

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in fair value is recognised in profit or loss.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2018
and 31 January 2019 188,189
NET BOOK VALUE
At 31 January 2019 188,189
At 31 January 2018 188,189

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
as restated
£    £   
Bank loans and overdrafts 4,821 3,954
Other creditors 6,221 5,353
11,042 9,307

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2019 2018
as restated
£    £   
Bank loans 74,831 80,811

Page 4 continued...
Pawletts Investments LLP (Registered number: OC347924)

Notes to the Financial Statements - continued
for the year ended 31 January 2019

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2019 2018
as restated
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 74,831 80,811

6. RESERVES
Revaluation
reserve
£   
At 1 February 2018
and 31 January 2019 24,300

Page 5