Kew Law LLP - Accounts to registrar (filleted) - small 18.2

Kew Law LLP - Accounts to registrar (filleted) - small 18.2

KEW LAW LLP - Company Information

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REGISTERED NUMBER: OC345367 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

KEW LAW LLP
KEW LAW LLP (REGISTERED NUMBER: OC345367)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEW LAW LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DESIGNATED MEMBERS: S E Kew
Ms J E Farrow
J S Kew





REGISTERED OFFICE: 55 North Hill
Colchester
Essex
CO1 1PX





REGISTERED NUMBER: OC345367 (England and Wales)





ACCOUNTANTS: Geo. Little, Sebire & Co.
Oliver House
23 Windmill Hill
Enfield
EN2 7AB
Page 1
KEW LAW LLP (REGISTERED NUMBER: OC345367)

BALANCE SHEET
31 MARCH 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,664 22,636
Tangible assets 5 37,972 41,711
54,636 64,347

CURRENT ASSETS
Debtors 6 558,207 453,860
Cash at bank 159,930 415,456
718,137 869,316
CREDITORS
Amounts falling due within one year 7 153,755 152,409
NET CURRENT ASSETS 564,382 716,907
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
619,018
781,254

LOANS AND OTHER DEBTS DUE TO
MEMBERS
8
519,018
681,254

MEMBERS' OTHER INTERESTS
Capital accounts 100,000 100,000
619,018 781,254

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 519,018 681,254
Members' other interests 100,000 100,000
619,018 781,254

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 March 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 notes form part of these financial statements

Page 2 continued...
KEW LAW LLP (REGISTERED NUMBER: OC345367)

BALANCE SHEET - continued
31 MARCH 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 27 November 2019 and were signed by:





S E Kew - Designated member

The notes form part of these financial statements

Page 3
KEW LAW LLP (REGISTERED NUMBER: OC345367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1. STATUTORY INFORMATION

Kew Law 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost and 20% on cost

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.

Amounts recoverable on contracts
Amounts recoverable on contracts represents the estimated selling value of work done by the balance sheet date
where the LLP has a contractual right to be paid but has not yet raised an invoice for the work done.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable are charged to profit and loss
account in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 77 (2018 - 72 ) .

Page 4 continued...
KEW LAW LLP (REGISTERED NUMBER: OC345367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2018
and 31 March 2019 59,718
AMORTISATION
At 1 April 2018 37,082
Charge for year 5,972
At 31 March 2019 43,054
NET BOOK VALUE
At 31 March 2019 16,664
At 31 March 2018 22,636

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2018 20,414 251,098 271,512
Additions 1,796 18,264 20,060
At 31 March 2019 22,210 269,362 291,572
DEPRECIATION
At 1 April 2018 3,459 226,342 229,801
Charge for year 2,672 21,127 23,799
At 31 March 2019 6,131 247,469 253,600
NET BOOK VALUE
At 31 March 2019 16,079 21,893 37,972
At 31 March 2018 16,955 24,756 41,711

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade debtors 167,689 151,058
Amounts recoverable on contract 227,980 195,131
Other debtors 162,538 107,671
558,207 453,860

Page 5 continued...
KEW LAW LLP (REGISTERED NUMBER: OC345367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade creditors (216 ) 13,617
Taxation and social security 119,831 108,050
Other creditors 34,140 30,742
153,755 152,409

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

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

9. OTHER FINANCIAL COMMITMENTS

The total future minimum payments under non-cancellable operating leases were £310,501 (2018 - £280,225).

10. RELATED PARTY DISCLOSURES

The LLP rents premises from S E Kew's SIPP. During the year ended 31 March 2019, the LLP paid rent of
£70,756 (2018: £69,700) in respect of these premises.

The LLP rents premises from Ms J E Farrow's SIPP. During the year ended 31 March 2019, the LLP paid rent
of £13,500 (2018: £13,500) in respect of these premises.

The LLP incurred charges of £Nil (2018: £4,000) for services to Kew 2009 Limited, a company controlled by S
E Kew. In addition, rent of £Nil (2018: £1,950) was received from Kew 2009 Limited during the year.

11. ULTIMATE CONTROLLING PARTY

In the opinion of the members, all designated members are the ultimate controlling party.

Page 6