Gloucester Rain LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC316276 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Gloucester Rain LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Sir J C Powell

Sir R Young

REGISTERED OFFICE:

4th Floor

167 Fleet Street

London

EC4A 2EA

REGISTERED NUMBER:

OC316276 (England and Wales)

ACCOUNTANTS:

Elliotts Shah

Chartered Accountants

4th Floor

167 Fleet Street

London

EC4A 2EA

CURRENT ASSETS

Debtors

4

8,663,241

8,660,831

Cash at bank

31,514

33,324

8,694,755

8,694,155

CREDITORS

Amounts falling due within one year

5

14,049

13,449

NET CURRENT ASSETS

8,680,706

8,680,706

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

8,680,706

8,680,706

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

8,680,706

8,680,706

8,680,706

8,680,706

TOTAL MEMBERS' INTERESTS

Members' other interests

8,680,706

8,680,706

Amounts due from members

4

(8,611,991

)

(8,609,581

)

68,715

71,125

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 December 2021.

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 8 September 2022 and were signed by:

Sir R Young - Designated member

1.	STATUTORY INFORMATION

Gloucester Rain 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.

Taxation

The taxation payable on profits is the personal liability of the members during the year and consequently neither taxation nor deferred taxation are accounted for in the financial statements.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts due from members

8,611,991

8,609,581

Other debtors

51,250

51,250

8,663,241

8,660,831

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Sundry creditors

14,049

13,449