Laver Greens LLP - Accounts to registrar (filleted) - small 18.2

Laver Greens LLP - Accounts to registrar (filleted) - small 18.2

LAVER GREENS LLP - Company Information

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REGISTERED NUMBER: OC390502 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2020

FOR

LAVER GREENS LLP
LAVER GREENS LLP (REGISTERED NUMBER: OC390502)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAVER GREENS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2020







DESIGNATED MEMBERS: Mr J J Devereux
Mrs E Devereux





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: OC390502 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ
Page 1
LAVER GREENS LLP (REGISTERED NUMBER: OC390502)

BALANCE SHEET
31 JANUARY 2020

31.1.20 31.1.19
Notes £    £   
CURRENT ASSETS
Stocks 1,606,533 2,002,780
Debtors 31,005 12,977
Cash at bank 314,361 9,626
1,951,899 2,025,383
CREDITORS
Amounts falling due within one year 4 1,910,450 1,989,850
NET CURRENT ASSETS 41,449 35,533
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
41,449
35,533

LOANS AND OTHER DEBTS DUE TO
MEMBERS
5
41,449
35,533

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 41,449 35,533
Amounts due from members (31,005 ) (12,977 )
10,444 22,556

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 January 2020.

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 notes form part of these financial statements

Page 2 continued...
LAVER GREENS LLP (REGISTERED NUMBER: OC390502)

BALANCE SHEET - continued
31 JANUARY 2020


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 and authorised for issue on 4 May 2020 and were signed
by:





Mr J J Devereux - Designated member

The notes form part of these financial statements

Page 3
LAVER GREENS LLP (REGISTERED NUMBER: OC390502)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020


1. STATUTORY INFORMATION

Laver Greens 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
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2019 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Amount due to related parties 1,225,193 1,305,193
Amounts due to members 681,057 681,057
Accrued expenses 4,200 3,600
1,910,450 1,989,850

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

31.1.19 31.1.18
£    £   
Amounts owed to members in respects of loans. 35,533 25,077

Page 4