Burley House Yorkshire LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC335974 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

FOR

BURLEY HOUSE YORKSHIRE LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

G M A Bell BA ACA

R S Davidson FCA

D P Miller BSc FCA

REGISTERED OFFICE:

Ground Floor

St Pauls House

23 Park Square

LEEDS

LS1 2ND

REGISTERED NUMBER:

OC335974 (England and Wales)

FIXED ASSETS

Tangible assets

4

33,781

45,042

CURRENT ASSETS

Debtors

5

256,786

290,390

Cash at bank

1,918

1,882

258,704

292,272

CREDITORS

Amounts falling due within one year

6

292,385

337,214

NET CURRENT LIABILITIES

(33,681

)

(44,942

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

100

100

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

100

100

100

100

TOTAL MEMBERS' INTERESTS

Members' other interests

100

100

Amounts due from members

5

(256,703

)

(241,659

)

(256,603

)

(241,559

)

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 30 June 2019.

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 27 July 2020 and were signed by:

G M A Bell BA ACA - Designated member

D P Miller BSc FCA - Designated member

1.	STATUTORY INFORMATION

Burley House Yorkshire LLP is registered in England and Wales. The LLP's registered number and registered office

address can be found on the General Information page.

The principal activity of the LLP is that of providing marketing services.

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 represents net invoiced sales of services, excluding value added tax, as adjusted for the effect of revenue

recognition.

In respect of service contracts, turnover is recognised when the right to consideration has been obtained through

performance under each contract. Consideration accrues as contract activity progresses by reference to the value of the

work performed. This complies with UITF Abstract 40 - Revenue Recognition and Service Contracts, issued by the ASB.

Goodwill

Goodwill which is not amortised, represents the remaining amount paid in connection with the acquisition of two

businesses in 2008.

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

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

Plant and machinery etc - between 15% and 25% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3.	EMPLOYEE INFORMATION

The average number of employees, including members with contracts of employment, during the year was NIL (2018 -

NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

and 30 June 2019

47,000

DEPRECIATION

At 1 July 2018

1,958

Charge for year

11,261

At 30 June 2019

13,219

NET BOOK VALUE

At 30 June 2019

33,781

At 30 June 2018

45,042

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

-

6,300

Other debtors

256,786

284,090

256,786

290,390

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Bank loans and overdrafts

-

87,552

Hire purchase contracts

11,700

17,100

Trade creditors

808

1

Taxation and social security

-

3,592

Other creditors

279,877

228,969

292,385

337,214

7.	RELATED PARTY DISCLOSURES

G M A Bell, R S Davidson and D P Miller are all directors in Burley House Leeds Limited. Burley House Yorkshire LLP

have invoiced marketing services to Burley House Leeds Limited of £Nil (2018: £6.079). At 30 June 2019 Burley House

LeedsLimited were owed £279,877 (2018: £228,747).

Burley House Yorkshire LLP recharged BFAL Limited for various expenses an amount of £Nil (2018: £3,075). At 30

June 2019 BFAL Limited owed £Nil (2018 - £38,649).