Polar States LLP


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Registered number: OC435298
Polar States LLP
Dormant Financial Statements
For The Year Ended 31 January 2022
MSE Business Management LLP

Association of Chartered Certified Accountants

1st Floor
104 Oxford Street
London
Greater London
W1D 1LP
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC435298
2022
Notes £ £
TOTAL ASSETS LESS CURRENT LIABILITIES -
NET ASSETS ATTRIBUTABLE TO MEMBERS -
REPRESENTED BY:
Loans and other debts due to members within one year -
-
TOTAL MEMBERS' INTEREST
-
For the year ending 31 January 2022 the LLP was entitled to exemption from audit under section 480 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to dormant LLPs.
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.
On behalf of the members
Mr Paul Tong
Partner
26/10/2022
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the 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 January 2017 (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.
2. Average Number of Employees
Average number of employees, including members, during the year was as follows: 4
4
3. General Information
Polar States LLP is a limited liability partnership, incorporated in England & Wales, registered number OC435298 . The Registered Office is 5th Floor, 104 Oxford Street, London, England , W1D 1LP.
Page 2