Hurlingham Investments LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC400666 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

HURLINGHAM INVESTMENTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr S A Hall

Mr A J Head

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

OC400666 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

CURRENT ASSETS

Stocks

3

1,615,808

2,667,618

Debtors

4

10,000

-

Cash at bank

4,263

364

1,630,071

2,667,982

CREDITORS

Amounts falling due within one year

5

5,000

2,700

NET CURRENT ASSETS

1,625,071

2,665,282

TOTAL ASSETS LESS CURRENT LIABILITIES

1,625,071

2,665,282

CREDITORS

Amounts falling due after more than one year

6

825,071

1,895,282

NET ASSETS ATTRIBUTABLE TO MEMBERS

800,000

770,000

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

800,000

770,000

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

800,000

770,000

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 of Part 15 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 small LLPs.

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 1 May 2019 and were signed by:

Mr A J Head - Designated member

1.	STATUTORY INFORMATION

Hurlingham Investments 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.

STOCKS

31.3.19

31.3.18

£

£

Stocks

1,615,808

2,667,618

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

10,000

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Accrued expenses

5,000

2,700

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.19

31.3.18

£

£

Bank loans (see note 7)

237,691

1,408,902

Related parties

587,380

486,380

825,071

1,895,282

7.

LOANS

An analysis of the maturity of loans is given below:

31.3.19

31.3.18

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

237,691

1,408,902

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.19

31.3.18

£

£

Amounts owed to members in respects of loans.

800,000

770,000