Cambridge Access Centre LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC362009 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

CAMBRIDGE ACCESS CENTRE LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr L J Austen

Mrs J Austen

REGISTERED OFFICE:

49 Newnham Road

Cambridge

Cambridgeshire

CB39EY

REGISTERED NUMBER:

OC362009 (England and Wales)

ACCOUNTANTS:

Davey Grover Limited

Chartered Accountants

4 Fenice Court

Phoenix Business Park

Eaton Socon

St. Neots

Cambridgeshire

PE19 8EP

FIXED ASSETS

Tangible assets

4

3,032

1,638

CURRENT ASSETS

Debtors

5

48,355

27,359

Cash at bank

175,986

155,070

224,341

182,429

CREDITORS

Amounts falling due within one year

6

71,085

67,107

NET CURRENT ASSETS

153,256

115,322

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

156,288

116,960

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

156,088

116,760

MEMBERS' OTHER INTERESTS

Capital accounts

200

200

156,288

116,960

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

156,088

116,760

Members' other interests

200

200

156,288

116,960

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 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 17 December 2021 and were signed by:

Mr L J Austen - Designated member

1.	STATUTORY INFORMATION

Cambridge Access Centre LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

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.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

24,367

Additions

3,304

Disposals

(21,688

)

At 31 March 2021

5,983

DEPRECIATION

At 1 April 2020

22,729

Charge for year

1,910

Eliminated on disposal

(21,688

)

At 31 March 2021

2,951

NET BOOK VALUE

At 31 March 2021

3,032

At 31 March 2020

1,638

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

21,870

17,970

Accrued income

17,275

-

Other debtors

9,210

9,389

48,355

27,359

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

26,199

24,182

Other creditors

44,886

42,925

71,085

67,107

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2021

2020

£

£

Amounts owed to members in respect of profits

156,088

116,760

Falling due within one year

156,088

116,760

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

8.	OTHER FINANCIAL COMMITMENTS

At the year end the partnership had two lease commitments of £12,000 and £9,000 per annum, which expire in March 2022.