Mypraxis LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC425630 (England and Wales)

Unaudited Financial Statements

for the Period 16 January 2019 to 5 April 2020

for

MYPRAXIS LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S J Brown

Mrs L A Brown

REGISTERED OFFICE:

Hatch End

Nun Munkton

York

North Yorkshire

YO26 8EW

REGISTERED NUMBER:

OC425630 (England and Wales)

ACCOUNTANTS:

Morrell Middleton

3 Cayley Court

Clifton Moor

York

North Yorkshire

YO30 4WH

FIXED ASSETS

Tangible assets

4

30,445

CURRENT ASSETS

Debtors

5

8,861

Cash at bank

29,934

38,795

CREDITORS

Amounts falling due within one year

6

3,060

NET CURRENT ASSETS

35,735

TOTAL ASSETS LESS CURRENT LIABILITIES

66,180

CREDITORS

Amounts falling due after more than one year

7

21,525

NET ASSETS ATTRIBUTABLE TO MEMBERS

44,655

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

44,655

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

44,655

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 period ended 5 April 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 21 July 2020 and were signed by:

S J Brown - Designated member

1.	STATUTORY INFORMATION

Mypraxis 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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

3.	EMPLOYEE INFORMATION

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

40,726

At 5 April 2020

40,726

DEPRECIATION

Charge for period

10,281

At 5 April 2020

10,281

NET BOOK VALUE

At 5 April 2020

30,445

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

8,861

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

3,060

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

21,525

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Other creditors take priority for repayment before amounts due to members.