Victoria House Caterham LLP - Accounts to registrar (filleted) - small 18.2

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

Victoria House Caterham LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M L Redman

Mrs S L Redman

REGISTERED OFFICE:

8-10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

OC382654 (England and Wales)

ACCOUNTANTS:

Williams & Co

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

3

509,140

510,195

CURRENT ASSETS

Debtors

4

5,970

4,353

Cash at bank

4,517

2,989

10,487

7,342

CREDITORS

Amounts falling due within one year

5

70,586

68,542

NET CURRENT LIABILITIES

(60,099

)

(61,200

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

449,041

448,995

LOANS AND OTHER DEBTS DUE TO MEMBERS

449,041

448,995

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

449,041

448,995

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 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 9 December 2019 and were signed by:

M L Redman - Designated member

1.	STATUTORY INFORMATION

Victoria House Caterham 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 represents rental income, excluding value added tax, recognised in the period to which it

relates.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2018

500,000

22,693

1,028

523,721

Additions

-

1,991

-

1,991

At 31 March 2019

500,000

24,684

1,028

525,712

DEPRECIATION

At 1 April 2018

-

13,120

406

13,526

Charge for year

-

2,891

155

3,046

At 31 March 2019

-

16,011

561

16,572

NET BOOK VALUE

At 31 March 2019

500,000

8,673

467

509,140

At 31 March 2018

500,000

9,573

622

510,195

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Prepayments and accrued income

5,970

4,353

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

1

-

VAT

3,872

-

Other creditors

38,750

38,750

Accruals and deferred income

25,963

27,792

Accrued expenses

2,000

2,000

70,586

68,542

6.	ULTIMATE CONTROLLING PARTY

The LLP is wholly under the control of M L Redman and Mrs S L Redman.