Olivers Mill Partners LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC377902 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2020

for

Olivers Mill Partners LLP

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

5

20,324

30,829

CURRENT ASSETS

Debtors

14,753

14,753

CREDITORS

Amounts falling due within one year

3,202

3,202

NET CURRENT ASSETS

11,551

11,551

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

31,875

42,380

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

31,875

42,380

31,875

42,380

TOTAL MEMBERS' INTERESTS

Members' other interests

31,875

42,380

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 31st 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2020 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15th December 2020 and were signed by:

Mr S R Sumner - Designated member

1.	STATUTORY INFORMATION

Olivers Mill Partners LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC377902

Registered office:

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Profit share received from companies in which the company is a corporate partner is recognised in the year in which the company is entitled to receive a share of profits.

4.	EMPLOYEE INFORMATION

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

5.	FIXED ASSET INVESTMENTS

The balance held within Fixed Asset Investment represents the LLP's capital account outstanding as at the balance sheet date in Olivers Mill Cleaning and Maintenance LLP.

6.	RELATED PARTY DISCLOSURES

During the period under review, the company has been a corporate partner in Olivers Mill Cleaning and Maintenance LLP. As at the balance sheet date, the unlisted fixed asset investment of £20,324 (2019: £30,829) is made up of the capital account balance held in Olivers Mill Cleaning and Maintenance LLP.

7.	ULTIMATE CONTROLLING PARTY

The partnership was under the control of the member, Mr S Sumner, for the entire period.