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

REGISTERED NUMBER: OC343975 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

CANDEY LAW LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

AD Candey

N McEwen

A R Dunn

Mrs L M H Candey

Candey Limited

R Singleton

REGISTERED OFFICE:

8 Stone Buildings

Lincoln's Inn

London

WC2A 3TA

REGISTERED NUMBER:

OC343975 (England and Wales)

ACCOUNTANTS:

Cube Partners Limited

Chartered Accountants

5 Giffard Court

Millbrook Close

Northampton

Northamptonshire

NN5 5JF

CURRENT ASSETS

Debtors

3

407,903

1,697,984

Cash at bank

414

178

408,317

1,698,162

CREDITORS

Amounts falling due within one year

4

16,138

91,335

NET CURRENT ASSETS

392,179

1,606,827

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

392,179

1,606,827

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

392,179

1,606,827

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

392,179

1,606,827

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 18 December 2019 and were signed by:

AD Candey - Designated member

1.	STATUTORY INFORMATION

Candey 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net invoiced supply of services, excluding value added tax.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

(246,784

)

48,009

Accrued income

654,687

1,649,975

407,903

1,697,984

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

-

9,004

VAT

12,213

72,011

Other creditors

-

6,395

Accrued expenses

3,925

3,925

16,138

91,335

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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