Jane Jones-Warner Associates LLP - Accounts to registrar (filleted) - small 18.2

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2021

FOR

JANE JONES-WARNER ASSOCIATES LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

L P L Hall

Ms J Jones-Warner RIBA SCA AABC IHBC

J D Vallis

REGISTERED OFFICE:

C/o Evans Weir

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

REGISTERED NUMBER:

OC421811 (England and Wales)

ACCOUNTANTS:

Evans Weir

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

FIXED ASSETS

Intangible assets

4

75,494

82,500

Tangible assets

5

2,559

5,554

78,053

88,054

CURRENT ASSETS

Debtors

6

63,643

71,221

Cash at bank

82,154

44,445

145,797

115,666

CREDITORS

Amounts falling due within one year

7

55,753

53,945

NET CURRENT ASSETS

90,044

61,721

TOTAL ASSETS LESS CURRENT LIABILITIES

168,097

149,775

CREDITORS

Amounts falling due after more than one year

8

50,000

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

118,097

149,775

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

117,097

148,775

MEMBERS' OTHER INTERESTS

Capital accounts

1,000

1,000

118,097

149,775

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

117,097

148,775

Members' other interests

1,000

1,000

118,097

149,775

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 31st March 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 7th September 2021 and were signed by:

Ms J Jones-Warner RIBA SCA AABC IHBC - Designated member

L P L Hall - Designated member

1.	STATUTORY INFORMATION

Jane Jones-Warner Associates 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost and Straight line over 3 years

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2020 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1st April 2020

100,000

-

100,000

Additions

-

3,207

3,207

At 31st March 2021

100,000

3,207

103,207

AMORTISATION

At 1st April 2020

17,500

-

17,500

Charge for year

10,000

213

10,213

At 31st March 2021

27,500

213

27,713

NET BOOK VALUE

At 31st March 2021

72,500

2,994

75,494

At 31st March 2020

82,500

-

82,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2020

13,811

Additions

336

At 31st March 2021

14,147

DEPRECIATION

At 1st April 2020

8,257

Charge for year

3,331

At 31st March 2021

11,588

NET BOOK VALUE

At 31st March 2021

2,559

At 31st March 2020

5,554

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

57,537

61,997

Other debtors

6,106

9,224

63,643

71,221

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

6,567

10,683

Taxation and social security

46,186

38,373

Other creditors

3,000

4,889

55,753

53,945

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Other creditors

50,000

-

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up amounts due to unsecured creditors would be discharged in full before the loans and other debts due to members were repaid.

There are no restrictions or limitations in respect of the ability of members to reduce the amount of their other interests.