Eggleston Wiley LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC333991 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

Eggleston Wiley LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

The Bradgate Group Ltd

D Hope Ltd

REGISTERED OFFICE:

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

REGISTERED NUMBER:

OC333991 (England and Wales)

ACCOUNTANTS:

EWP Ltd

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Intangible assets

4

61,648

69,520

Tangible assets

5

300

822

61,948

70,342

CURRENT ASSETS

Stocks

111,601

40,098

Debtors

6

90,589

79,724

Cash at bank

(11,957

)

(16,853

)

190,233

102,969

CREDITORS

Amounts falling due within one year

7

68,257

71,202

NET CURRENT ASSETS

121,976

31,767

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

183,924

102,109

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

178,924

97,109

MEMBERS' OTHER INTERESTS

Capital accounts

5,000

5,000

183,924

102,109

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

178,924

97,109

Members' other interests

5,000

5,000

183,924

102,109

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 30 April 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 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 11 December 2019 and were signed by:

The Bradgate Group Ltd - Designated member

1.	STATUTORY INFORMATION

Eggleston Wiley 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

A fee block, representing goodwill, was purchased within the year. The goodwill is not being amortised as all

fees have been retained and so the value has not reduced.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

Straight line over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2018

69,520

Disposals

(7,872

)

At 30 April 2019

61,648

NET BOOK VALUE

At 30 April 2019

61,648

At 30 April 2018

69,520

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2018

and 30 April 2019

2,083

DEPRECIATION

At 1 May 2018

1,261

Charge for year

522

At 30 April 2019

1,783

NET BOOK VALUE

At 30 April 2019

300

At 30 April 2018

822

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

88,771

77,906

Other debtors

1,818

1,818

90,589

79,724

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade creditors

12,319

2,755

Taxation and social security

28,728

22,797

Other creditors

27,210

45,650

68,257

71,202

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans due to members rank below all other creditors.