Rowleys Group LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC306056 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2020

for

Rowleys Group LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr A H Jarvis

Mr R J Radford

Mr C E Shevas

Mr M O Hook

Mrs P T Swann-Jones

Mrs M A Jarvis

Mrs S C Radford

Mrs D M Shevas

Mrs D P Hook

Mr T A Copson

Mrs A Copson

REGISTERED OFFICE:

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

LE19 1WP

REGISTERED NUMBER:

OC306056 (England and Wales)

FIXED ASSETS

Investments

4

304,012

304,012

CURRENT ASSETS

Debtors

5

22,633

-

Cash at bank

104,740

95,160

127,373

95,160

CREDITORS

Amounts falling due within one year

6

12

12

NET CURRENT ASSETS

127,361

95,148

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

431,373

399,160

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

81,373

49,160

MEMBERS' OTHER INTERESTS

Capital accounts

350,000

350,000

431,373

399,160

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

81,373

49,160

Members' other interests

350,000

350,000

431,373

399,160

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 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 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 18 May 2020 and were signed by:

Mr A H Jarvis - Designated member

1.	STATUTORY INFORMATION

Rowleys Group 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 as modified by the revaluation of certain assets.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEE INFORMATION

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2019

and 31 March 2020

304,012

NET BOOK VALUE

At 31 March 2020

304,012

At 31 March 2019

304,012

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Amounts owed by group undertakings

20,000

-

Other debtors

2,633

-

22,633

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Other creditors

12

12

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, amounts in 'Loans and other debts due to members' (other than

members' capital classified as debt) would rank as follows in relation to other creditors who are

unsecured. Creditors would be settled in full, before any amounts can be distributed to members.

There are no such restrictions or limitations existing on the ability of the members to reduce the

amount of 'Members' other interests'.