Key Conveyancing LLP - Accounts to registrar (filleted) - small 18.2
Key Conveyancing LLP - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2019 |
| FOR |
| KEY CONVEYANCING LLP |
| KEY CONVEYANCING LLP (REGISTERED NUMBER: OC380039) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2019 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| KEY CONVEYANCING LLP |
| GENERAL INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2019 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Portland House |
| 11-13 Station Road |
| Kettering |
| Northamptonshire |
| NN15 7HH |
| KEY CONVEYANCING LLP (REGISTERED NUMBER: OC380039) |
| BALANCE SHEET |
| 31ST MARCH 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
420,269 |
489,216 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
420,269 |
489,216 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 9 | 420,269 | 489,216 |
| 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. |
| KEY CONVEYANCING LLP (REGISTERED NUMBER: OC380039) |
| BALANCE SHEET - continued |
| 31ST MARCH 2019 |
| 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 |
| KEY CONVEYANCING LLP (REGISTERED NUMBER: OC380039) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2019 |
| 1. | STATUTORY INFORMATION |
| Key Conveyancing LLP is registered in England and Wales. The LLP's registered number and |
| registered office address can be found on the General Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the provisions of Section 1A "Small |
| Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK |
| and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared |
| under the historic cost basis. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the |
| period of the lease. |
| Pension costs and other post-retirement benefits |
| The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| Financial instruments |
| The company is party to only basic financial instruments such as cash, trade debtors and creditors. |
| Instruments such as trade debtors and creditors are initially recognised at their transaction cost and |
| reviewed at the year end for impairment. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| KEY CONVEYANCING LLP (REGISTERED NUMBER: OC380039) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st April 2018 |
| Additions |
| At 31st March 2019 |
| DEPRECIATION |
| At 1st April 2018 |
| Charge for year |
| At 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Hire purchase contracts (see note 8) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Hire purchase contracts (see note 8) |
| KEY CONVEYANCING LLP (REGISTERED NUMBER: OC380039) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2019 |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under hire purchase fall due as follows: |
| Hire purchase |
| contracts |
| 2019 | 2018 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| At the year end the company had total commitments under operating leases expiring within 5 years of |
| £223,783 (2018: £206,960). |
| 9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans and other debts due to members would rank after all other creditors. |
| 10. | ULTIMATE CONTROLLING PARTY |
| In the opinion of the members there is no individual controlling party. |