Paynet LLP - Accounts

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	Registered number:
	OC398900

	Paynet LLP
	Unaudited Accounts
	for the Year Ended
	31 March 2020

		2020 £		2019 £
Current Assets
Debtors	40,620		16,215
Cash at bank and in hand	19,009		8,004
	59,629		24,219

Creditors falling due within one year	(1,245)		(1,223)

Net Current Assets / (Liabilities)		58,384		22,996

Creditors falling due after more than one year		(10,321)		(9,572)

Net Assets Attributable to Members		48,063		13,424

Loans and other debts due to members within one year
Represented by:
Members' capital classified as a liability	89	0
	89	0

Members' other interests
.
Members' capital classified as a equity	47,974	13,424
	48,063	13,424

Total members' interests
.
Loans and other debts due to members	89	0
Members' other interests	47,974	13,424
	48,063	13,424

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The members have not delivered a copy of the LLP's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006 (as applied to LLPs).

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

For the year ended 31 March 2020 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The financial statements were approved by the members and signed on their behalf by:

.........................................................

Approved by members on 1 February 2021

SandP IMPEX SOLUTIONS LTD

Designated Member

Paynet LLP

Registered number: OC398900 (England and Wales)

1.	Accounting Policies
	Basis of preparation The financial statements are prepared under the historical cost covention and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in January 2017. These financial statements reflect the results of the LLP for the year ended 31 March 2020.

Accounting Policies

Basis of preparation

The financial statements are prepared under the historical cost covention and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in January 2017.

These financial statements reflect the results of the LLP for the year ended 31 March 2020.

2.	Employees
		2020		2019
	Average number of employees during the period	0		0

3.	Other Information
	The managers of the company did not receive any form of remuneration or emoluments during this period.