Oakland Partnership Development LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC403339 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2020

FOR

OAKLAND PARTNERSHIP DEVELOPMENT LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs E Reape

C B Bourke

Mrs M Bourke

J W Reape

C Reape

S L Bourke

REGISTERED OFFICE:

141 Oaklands Road

Bridgend

CF31 4SX

REGISTERED NUMBER:

OC403339 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

1st Floor..

Nathaniel House

David Street

Bridgend

South Wales

CF31 3SA

FIXED ASSETS

Tangible assets

4

354,394

422,887

CURRENT ASSETS

Debtors

5

33,988

-

Cash at bank and in hand

147,036

147,888

181,024

147,888

CREDITORS

Amounts falling due within one year

6

214,672

306,293

NET CURRENT LIABILITIES

(33,648

)

(158,405

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

320,746

264,482

LOANS AND OTHER DEBTS DUE TO MEMBERS

320,746

264,482

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

320,746

264,482

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 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 28 January 2021 and were signed by:

J W Reape - Designated member

1.	STATUTORY INFORMATION

Oakland Partnership Development 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

-

25% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2019

354,394

146,121

500,515

Disposals

-

(146,121

)

(146,121

)

At 30 April 2020

354,394

-

354,394

DEPRECIATION

At 1 May 2019

-

77,628

77,628

Charge for year

-

7,134

7,134

Eliminated on disposal

-

(84,762

)

(84,762

)

At 30 April 2020

-

-

-

NET BOOK VALUE

At 30 April 2020

354,394

-

354,394

At 30 April 2019

354,394

68,493

422,887

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade debtors

33,988

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade creditors

-

51

Taxation and social security

2,752

6,306

Other creditors

211,920

299,936

214,672

306,293