Adservio Management LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC359985 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 December 2018

for

Adservio Management LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

J Withey

N Withey

REGISTERED OFFICE:

The Larches

Lower Common

Eversley

RG27 0QR

REGISTERED NUMBER:

OC359985 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

3

32,770

CURRENT ASSETS

Cash at bank

40,229

CREDITORS

Amounts falling due within one year

4

1,888

NET CURRENT ASSETS

38,341

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

71,111

LOANS AND OTHER DEBTS DUE TO
MEMBERS

71,111

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

71,111

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 December 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 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 30 September 2019 and were signed by:

J Withey - Designated member

1.	STATUTORY INFORMATION

Adservio Management 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 and is recognised as services

are provided.

Tangible fixed assets

Properties are included in tangible assets in accordance with FRS102 as, in the opinion of the members, there

would be undue cost and effect to value them each year and thus they cannot be shown as investment property.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less

from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting

from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the

obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their

settlement amount after allowing for any trade discounts due.

3.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

COST

At 1 January 2018

and 31 December 2018

32,770

810

33,580

DEPRECIATION

At 1 January 2018

and 31 December 2018

-

810

NET BOOK VALUE

At 31 December 2018

32,770

-

32,770

At 31 December 2017

32,770

-

32,770

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

VAT

688

Accrued expenses

1,200

1,888

Adservio Management LLP - Accounts to registrar (filleted) - small 18.2

Adservio Management LLP - Accounts to registrar (filleted) - small 18.2