Micadi Investments LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC416456 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2020

for

MICADI INVESTMENTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C Cacchioli

Mrs M Cacchioli

Mrs D Hodson

REGISTERED OFFICE:

31 - 41 Worship Street

London

EC2A 2DX

REGISTERED NUMBER:

OC416456 (England and Wales)

ACCOUNTANTS:

Marchant Lewis Limited

31-41 Worship Street

London

EC2A 2DX

FIXED ASSETS

Tangible assets

4

343,708

351,021

CURRENT ASSETS

Debtors

19,034

4,257

Cash at bank

10,618

18,082

29,652

22,339

CREDITORS

Amounts falling due within one year

5

373,360

NET CURRENT LIABILITIES

(343,708

)

(351,021

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

(19,034

)

(4,257

)

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 26 May 2020 and were
signed by:

Mrs D Hodson - Designated member

1.	STATUTORY INFORMATION

Micadi 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2019

and 31 March 2020

365,646

DEPRECIATION

At 1 April 2019

14,625

Charge for year

7,313

At 31 March 2020

21,938

NET BOOK VALUE

At 31 March 2020

343,708

At 31 March 2019

351,021

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

Other creditors

373,000

Accrued expenses

360

373,360

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

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