Clayton Medical Partnership LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC404109 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

CLAYTON MEDICAL PARTNERSHIP LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr R A E Clayton

Mrs G S Clayton

REGISTERED OFFICE:

28a The Hundred

Romsey

Hampshire

SO51 8BW

REGISTERED NUMBER:

OC404109 (England and Wales)

ACCOUNTANTS:

Kumar Associates

Chartered Certified Accountants

28a The Hundred

Romsey

Hampshire

SO51 8BW

FIXED ASSETS

Tangible assets

4

20,910

27,124

CURRENT ASSETS

Debtors

5

20,420

59,265

Cash at bank

41,510

20,848

61,930

80,113

CREDITORS

Amounts falling due within one year

6

37,757

61,404

NET CURRENT ASSETS

24,173

18,709

TOTAL ASSETS LESS CURRENT LIABILITIES

45,083

45,833

CREDITORS

Amounts falling due after more than one year

7

35,416

45,833

NET ASSETS ATTRIBUTABLE TO MEMBERS

9,667

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

9,667

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

9,667

-

Amounts due from members

5

(20,034

)

(59,265

)

(10,367

)

(59,265

)

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 31 March 2022.

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 4 May 2022 and were signed by:

Mr R A E Clayton - Designated member

1.	STATUTORY INFORMATION

Clayton Medical Partnership 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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

84,024

Additions

755

At 31 March 2022

84,779

DEPRECIATION

At 1 April 2021

56,900

Charge for year

6,969

At 31 March 2022

63,869

NET BOOK VALUE

At 31 March 2022

20,910

At 31 March 2021

27,124

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

386

-

Other debtors

20,034

59,265

20,420

59,265

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts (see note 8)

10,648

4,167

Hire purchase contracts

541

11,501

Trade creditors

1,161

5,077

Taxation and social security

22,407

28,911

Other creditors

3,000

11,748

37,757

61,404

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans (see note 8)

35,416

45,833

8.

LOANS

An analysis of the maturity of loans is given below:

2022

2021

£

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

10,648

4,167

Scottish Energy loan

-

8,748

10,648

12,915

Amounts falling due between two and five years:

Bank loans - 2-5 years

35,416

45,833

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members would rank in the same order as debts due to other creditors.