Xced LLP - LLP accounts 20.1


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REGISTERED NUMBER: OC426531 (England and Wales)









XCED LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

22 MARCH 2019 TO 31 MARCH 2020






XCED LLP (REGISTERED NUMBER: OC426531)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 22 MARCH 2019 TO 31 MARCH 2020




Page

Income Statement 1

Balance Sheet 2


XCED LLP (REGISTERED NUMBER: OC426531)

INCOME STATEMENT
FOR THE PERIOD 22 MARCH 2019 TO 31 MARCH 2020

£   

TURNOVER -

Other income 90,000

Cost of raw materials and consumables (55,000 )

Other charges (49,301 )

LOSS FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES



(14,301



)

XCED LLP (REGISTERED NUMBER: OC426531)

BALANCE SHEET
31 MARCH 2020

£    £   
FIXED ASSETS 1,743

CURRENT ASSETS 72,902

CREDITORS
Amounts falling due within one year (60,760 )
NET CURRENT ASSETS 12,142
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,885

LOANS AND OTHER DEBTS DUE TO MEMBERS -

MEMBERS' OTHER INTERESTS 13,885

13,885

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

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

Registered number: OC426531

Registered office: 8 Neptune Court
Vanguard Way
Ocean Park
Cardiff
SOUTH GLAMORGAN
CF24 5PJ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was 2 .

3. CONTINGENT LIABILITIES

During the period the Xced LLP received grant funding in relation to pre clinical trials undertaken. The purpose of the grant is to support ongoing eligible project expenditure. Should any conditions of the grant be contravened or unspent, then the grant could become repayable to the funder.



XCED LLP (REGISTERED NUMBER: OC426531)

BALANCE SHEET - continued
31 MARCH 2020


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 period ended 31 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 in accordance with the micro-entity provisions.

The financial statements were approved by the members of the LLP and authorised for issue on 5 March 2021 and were signed by:





Prof S S Gill - Designated member