William Archer Investors LLP - Accounts to registrar (filleted) - small 18.2

William Archer Investors LLP - Accounts to registrar (filleted) - small 18.2

WILLIAM ARCHER INVESTORS LLP - Company Information

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REGISTERED NUMBER: OC400286 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

WILLIAM ARCHER INVESTORS LLP
WILLIAM ARCHER INVESTORS LLP (REGISTERED NUMBER: OC400286)

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










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILLIAM ARCHER INVESTORS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2020







DESIGNATED MEMBERS: W H Archer
Dr S Hariri





REGISTERED OFFICE: 2nd Floor, Regis House,
45 King William Street,
London
EC4R 9AN





REGISTERED NUMBER: OC400286 (England and Wales)
Page 1
WILLIAM ARCHER INVESTORS LLP (REGISTERED NUMBER: OC400286)

BALANCE SHEET
31 MARCH 2020

2020 2019
Notes £    £   
CURRENT ASSETS
Investments 4 - 165,349
Cash at bank 80,258 553,449
80,258 718,798
CREDITORS
Amounts falling due within one year 5 20,239 6,000
NET CURRENT ASSETS 60,019 712,798
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
60,019
712,798

LOANS AND OTHER DEBTS DUE TO
MEMBERS
6
21,805
107,242

MEMBERS' OTHER INTERESTS
Capital accounts 38,214 605,556
60,019 712,798

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 21,805 107,242
Members' other interests 38,214 605,556
60,019 712,798

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 notes form part of these financial statements

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WILLIAM ARCHER INVESTORS LLP (REGISTERED NUMBER: OC400286)

BALANCE SHEET - continued
31 MARCH 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 18 June 2020 and
were signed by:





W H Archer - Designated member

The notes form part of these financial statements

Page 3
WILLIAM ARCHER INVESTORS LLP (REGISTERED NUMBER: OC400286)

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


1. STATUTORY INFORMATION

William Archer Investors LLP is a limited liability partnership registered in England and Wales. The registered
office is 2nd Floor, Regis House, 45 King William Street, London, EC4R 9AN..

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.

The financial statements are presented in sterling (£), which is also the functional currency for the partnership.

Significant judgements and estimates
The preparation of financial statements requires management to make judgements, estimates and assumptions
about the carrying values of assets and liabilities that are not readily apparent from other sources. The
estimates and underlying assumptions are based on historical experience and other factors that are considered
to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or
in the period of the revision and future periods if the revision affects both current and future periods.

The key judgements and sources of estimation uncertainty that have a significant effect on the amounts
recognised in the financial statements are described below:

Accruals - costs are matched to the period to which they relate.

Turnover
Turnover represents management fee income net of value added tax.

Trade and other receivables
Trade and other receivables are measured at transaction price less any impairment unless the arrangement
constitutes a financing transaction in which case the transaction is measured at the present value of the future
receipts discounted at the prevailing market rate of interest. Loans are initially measured at fair value and are
subsequently measured at amortised cost using the effective interest method less any impairment.

Trade and other payables
Trade and other payables are measured at their transaction price unless the arrangement constitutes a
financing transaction in which case the transaction is measured at present value of future payments discounted
at prevailing market rate of interest. Other financial liabilities are initially measured at fair value net of their
transaction costs. They are subsequently measured at amortised cost using the effective interest method.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits
with an original maturity date of three months or less. For the purpose of the consolidated cash flow statement,
cash and cash equivalents consist of cash and cash equivalents as defined above, net of outstanding bank
overdrafts.

Current asset investments
Current asset investments comprise investments in theatre productions and are accounted for at cost less
impairment.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2019 - 1 ) .

Page 4 continued...
WILLIAM ARCHER INVESTORS LLP (REGISTERED NUMBER: OC400286)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2020


4. CURRENT ASSET INVESTMENTS
2020 2019
£    £   
Unlisted investments - 165,349

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 12,139 -
Accruals and deferred income 8,100 6,000
20,239 6,000

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in 'Loans and other debts due to members' will rank equally
with unsecured creditors.

7. ULTIMATE CONTROLLING PARTY

The members do not consider there to be one ultimate controlling party.

Page 5