Stan Weston LLP,Ltd - AccountsLLP- Accounts
Stan Weston LLP,Ltd - AccountsLLP- Accounts
| Registered Number:OC397746 |
For the year ended 31 March 2020
England and Wales
Report of the Members and Unaudited Financial Statements
2
For the year ended 31 March 2020
Stan Weston LLP
Contents Page
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Statement of Financial Position
3
Notes to the Financial Statements
3
| Registered Number : |
| As at |
Stan Weston LLP
Statement of Financial Position
2019
| £ |
| £ |
2020
| Notes |
| Fixed assets |
| Property, plant and equipment |
3
| Current assets |
| Trade and other receivables |
4
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(2,000,000 )
(2,000,000 )
5
242,995
Net current assets
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(1,217,728 )
(1,140,503 )
6
Net assets/liabilities attributable to members
| Represented by: |
| Loans and other debts due to members |
-
36,022
| Total members' interests |
| Loans and other debts due to members |
0
36,022
-
36,022
| (b) preparing financial statements which give a true and fair view of the state of affair of the LLP as at the end of each |
| financial year and of its profit or loss for each 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 |
| Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
| financial statements, so far as applicable to the LLP |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved by the members on 30 November 2020 and signed on their behalf by:
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4
For the year ended 31 March 2020
Stan Weston LLP
Notes to the Financial Statements
| 1. Accounting policies |
Statutory Information
| Stan Weston LLP is a limited liability partnership, domiciled in England and Wales, registration number OC397746. |
| Registered address: |
Rakusens House
Clayton Wood Rise
Leeds
West Yorkshire
LS166QN
| The presentation currency is £ sterling. |
Basis of preparation
| The report and financial statements for the year ended 31 March 2020 have been prepared under the historical cost |
| convention and in accordance with the Section 1A of Financial Reporting Standard 102 'The Financial Reporting |
| Standard applicable in the UK and Republic of Ireland' and the Statement of Recommended Practice "Accounting by |
| Limited Liability Partnerships". |
Turnover
| 2. Interest payable and similar charges |
2020
2019
| £ |
| £ |
| Interest payable on bank borrowing |
28,912
30,342
| 3. Property, plant and equipment |
| Land and |
| buildings |
| £ |
| Cost or |
| valuation |
| At 01 April 2019 |
| At 31 March 2020 |
| Provision for depreciation and impairment |
| At 01 April 2019 |
Charge for year
(19,978 )
| At 31 March 2020 |
| At 31 March 2020 |
| Net book value |
| At 31 March 2019 |
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5
For the year ended 31 March 2020
Stan Weston LLP
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2020
2019
| £ |
| £ |
| The debtors above include the following amounts falling due after more than one year: |
| Other debtors more than one year |
| 5. Trade and other payables: amounts falling due within one year |
2019
2020
| £ |
| £ |
| Other creditors |
| 6. Trade and other payables: amounts falling due after more than one year |
2020
2019
| £ |
| £ |
| The following liabilities disclosed under creditors falling due after one year are secured by the LLP: |
1,140,503
1,217,728
Bank loans and overdrafts (secured)
| 7. Average number of persons employed |
During the year the average number of employees was 0
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