Paynet LLP - Accounts


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Registered number:
OC398900
Paynet LLP
Unaudited Accounts
for the Year Ended
31 March 2019


Paynet LLP
Balance Sheet
as at 31 March 2019

Notes 2019
£
2018
£
Current Assets
Debtors 16,215 14,252
Cash at bank and in hand 8,004 346
24,219 14,598
Creditors falling due within one year (1,223) (8,252)
Net Current Assets / (Liabilities) 22,996 6,346
Creditors falling due after more than one year (9,572) (0)
Net Assets Attributable to Members 13,424 6,346
Represented by:
Loans and other debts due to members within one year
.
Members' other interests
Members' capital classified as a equity 13,424 6,346
13,424 6,346
.
Total members' interests
Members' other interests 13,424 6,346
13,424 6,346

Paynet LLP
Balance Sheet
as at 31 March 2019



These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The members have not delivered a copy of the LLP's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006 (as applied to LLPs).

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

For the year ended 31 March 2019 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The financial statements were approved by the members and signed on their behalf by:



.........................................................


Approved by members on 17 December 2019


SandP IMPEX SOLUTIONS LTD

Designated Member

Paynet LLP

Registered number: OC398900 (England and Wales)


Paynet LLP
Notes to the Accounts
for the year ended 31 March 2019

1. Accounting Policies

Basis of preparation

The financial statements are prepared under the historical cost covention and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in January 2017.

These financial statements reflect the results of the LLP for the year ended 31 March 2019.

Turnover

Turnover represents amounts due in respect of legal services provided during the year, net of VAT.
2. Other Information

The managers of the company did not receive any form of remuneration or emoluments during this period.