B R Lewis Associates Llp - Accounts to registrar (filleted) - small 18.2
B R Lewis Associates Llp - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2019 |
FOR |
B R LEWIS ASSOCIATES LLP |
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085) |
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 |
B R LEWIS ASSOCIATES LLP |
GENERAL INFORMATION |
For The Year Ended 31 March 2019 |
DESIGNATED MEMBERS: |
S Lewis-James |
R B Steinbauer-lewis |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
19 Montpelier Avenue |
Bexley |
Kent |
DA5 3AP |
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085) |
BALANCE SHEET |
31 March 2019 |
2019 | 2018 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
2,667,004 |
2,527,236 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
2,667,004 |
2,527,236 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 6 | 2,667,004 | 2,527,236 |
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. |
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085) |
BALANCE SHEET - continued |
31 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 |
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2019 |
1. | STATUTORY INFORMATION |
B R Lewis Associates 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
fair value is recognised in profit or loss. |
3. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2018 |
Additions |
At 31 March 2019 |
NET BOOK VALUE |
At 31 March 2019 |
At 31 March 2018 |
Fair value at 31 March 2019 is represented by: |
£ |
Valuation in 2016 | 123,239 |
Valuation in 2017 | 40,000 |
Valuation in 2018 | 20,000 |
Valuation in 2019 | 20,000 |
Cost | 1,876,761 |
2,080,000 |
If the investment properties had not been revalued they would have been included at the following historical cost: |
2019 | 2018 |
£ | £ |
Cost | 1,876,761 | 1,876,761 |
The investment properties were valued on a fair value basis on 24 September 2019 by Mr BR Lewis . |
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2019 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
Prepayments |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
VAT | 6,211 | 7,040 |
Other creditors |
Accrued expenses |
6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
In the event of a winding up the amounts included in "loans and other debts due to members" will rank equally |
with unsecured creditors. |