Elthorne Solicitors LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC338385 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2019

for

Elthorne Solicitors LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

H F Eliza

B Jhajj

Ms S K Jetwani

REGISTERED OFFICE:

14 South Ealing Road

South Ealing

London

W5 4QA

REGISTERED NUMBER:

OC338385 (England and Wales)

ACCOUNTANTS:

Alphanumeric Accountants Limited

LABS ATRIUM

Stables Market

Chalk Farm Road

London

NW1 8AH

FIXED ASSETS

Tangible assets

4

943

1,257

CURRENT ASSETS

Debtors

5

35,131

39,448

Cash at bank and in hand

9,839

36,257

44,970

75,705

CREDITORS

Amounts falling due within one year

6

(5,431

)

(31,741

)

NET CURRENT ASSETS

39,539

43,964

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

40,482

45,221

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

40,482

45,221

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

40,482

45,221

Amounts due from members

5

(3,245

)

-

37,237

45,221

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 30 June 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 27 January 2020 and were signed by:

B Jhajj - Designated member

1.	STATUTORY INFORMATION

Elthorne Solicitors 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

and 30 June 2019

10,116

DEPRECIATION

At 1 July 2018

8,859

Charge for year

314

At 30 June 2019

9,173

NET BOOK VALUE

At 30 June 2019

943

At 30 June 2018

1,257

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

31,286

38,848

Other debtors

3,845

600

35,131

39,448

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Taxation and social security

129

389

Other creditors

5,302

31,352

5,431

31,741

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members would rank after unsecured creditors in the event of a

winding-up.

8.	ULTIMATE CONTROLLING PARTY

The LLP is jointly controlled by its members.