Specialist Herbal Supplies LLP - Accounts to registrar (filleted) - small 18.2
Specialist Herbal Supplies LLP - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 November 2019 |
for |
Specialist Herbal Supplies LLP |
Specialist Herbal Supplies LLP (Registered number: OC312065) |
Contents of the Financial Statements |
for the Year Ended 30 November 2019 |
Page |
General Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Report of the Accountants | 7 |
Specialist Herbal Supplies LLP |
General Information |
for the Year Ended 30 November 2019 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Maritime House |
Basin Road North |
Hove |
East Sussex |
BN41 1WR |
Specialist Herbal Supplies LLP (Registered number: OC312065) |
Abridged Balance Sheet |
30 November 2019 |
30.11.19 | 30.11.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
44,200 |
56,082 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
MEMBERS' OTHER INTERESTS |
Capital accounts | 44,200 | 56,082 |
44,200 | 56,082 |
TOTAL MEMBERS' INTERESTS |
Members' other interests | 44,200 | 56,082 |
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. |
Specialist Herbal Supplies LLP (Registered number: OC312065) |
Abridged Balance Sheet - continued |
30 November 2019 |
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 |
Specialist Herbal Supplies LLP (Registered number: OC312065) |
Notes to the Financial Statements |
for the Year Ended 30 November 2019 |
1. | STATUTORY INFORMATION |
Specialist Herbal Supplies 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any |
accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
items. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire |
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over |
their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the |
future payments is treated as a liability. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2018 - NIL). |
Specialist Herbal Supplies LLP (Registered number: OC312065) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2019 |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 December 2018 |
and 30 November 2019 |
AMORTISATION |
At 1 December 2018 |
Amortisation for year |
At 30 November 2019 |
NET BOOK VALUE |
At 30 November 2019 |
At 30 November 2018 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 December 2018 |
Additions |
Disposals | ( |
) |
At 30 November 2019 |
DEPRECIATION |
At 1 December 2018 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30 November 2019 |
NET BOOK VALUE |
At 30 November 2019 |
At 30 November 2018 |
Specialist Herbal Supplies LLP (Registered number: OC312065) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2019 |
5. | TANGIBLE FIXED ASSETS - continued |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Totals |
£ |
COST |
At 1 December 2018 |
and 30 November 2019 | 24,000 |
DEPRECIATION |
At 1 December 2018 | 7,055 |
Charge for year | 4,237 |
At 30 November 2019 | 11,292 |
NET BOOK VALUE |
At 30 November 2019 | 12,708 |
At 30 November 2018 | 16,945 |
6. | ULTIMATE CONTROLLING PARTY |
M Simmonds was the controlling party throughout the current and previous period. |
Specialist Herbal Supplies LLP |
Report of the Accountants to the Members of |
Specialist Herbal Supplies LLP |
The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited |
financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. |
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members |
are not required to be filed with the Registrar of Companies. |
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2019 set out on pages one to thirteen and you consider that the LLP is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Chartered Certified Accountants |
Maritime House |
Basin Road North |
Hove |
East Sussex |
BN41 1WR |