LAN Advisory Services Llp
LAN Advisory Services Llp
Registered number: OC345509
Unaudited ABRIDGED Financial Statements
For The Year Ended
31 December 2020
Anlo Financial Solutions Edinburgh
LAN Advisory Services Llp
Unaudited Abridged Financial Statements
For The Year Ended
31 December 2020
Unaudited Abridged Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
LAN Advisory Services Llp
Abridged Balance Sheet
As at
31 December 2020
Abridged Balance Sheet
Registered number:
OC345509
For the year ending 31 December 2020 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLP's subject to the small LLPs regime.)
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 4 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS ATTRIBUTABLE TO MEMBERS |
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| REPRESENTED BY: | |||||
| Loans and other debts due to members within one year | |||||
| Members' capital classified as a liability | 1,568,988 | 1,568,988 | |||
| 1,568,988 | 1,568,988 | ||||
| Equity | |||||
| Members' other interests | |||||
| Members' capital | 53,936 | 1,227 | |||
| Other reserves | (404,159) | (404,159) | |||
| (350,223) | (402,932) | ||||
| 1,218,765 | 1,166,056 | ||||
| TOTAL MEMBERS' INTEREST | |||||
| Loans and other debts due to members within one year | 1,568,988 | 1,568,988 | |||
| Members' other interests | (350,223) | (402,932) | |||
| 1,218,765 | 1,166,056 | ||||
Page 1
LAN Advisory Services Llp
Abridged Balance Sheet (continued)
As at
31 December 2020
Member's responsibilities:
-
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. - The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
-
All of the LLP's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2020 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the members
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Designated Member
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
LAN Advisory Services Llp
Notes to the Abridged Financial Statements
For The Year Ended
31 December 2020
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2018 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
|
2.
Average Number of Employees
Average number of employees, including members, during the year was as follows: NIL (2019: )
3.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at
|
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| Disposals |
|
| As at
|
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| Depreciation | |
| As at
|
|
| As at
|
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| Net Book Value | |
| As at
|
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| As at
|
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Page 3
LAN Advisory Services Llp
Notes to the Abridged Financial Statements (continued)
For The Year Ended
31 December 2020
4.
Investments
| Total | |
|---|---|
| £ | |
| Cost | |
| As at
|
1,225,623 |
| As at
|
1,225,623 |
| Provision | |
| As at
|
59,077 |
| As at
|
59,077 |
| Net Book Value | |
| As at
|
1,166,546 |
| As at
|
1,166,546 |
5.
General Information
LAN Advisory Services Llp is a limited liability partnership, incorporated in England & Wales, registered number
OC345509
. The Registered Office is 71-75 Shelton Street Shelton Street, London, WC2H 9JQ.
Page 4