Westside Aviation LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC366026 (England and Wales)

Westside Aviation LLP

Financial Statements for the Year Ended 30 June 2020

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A H Beynon

R G Turner

G C B Brook

M Goddard-Watts

REGISTERED OFFICE:

Nutwell Estate

Lympstone

Exeter

Devon

EX8 5AN

REGISTERED NUMBER:

OC366026 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

CURRENT ASSETS

Debtors: amounts falling due within one year

4

707,955

781,492

Cash at bank

82,453

18,627

790,408

800,119

CREDITORS

Amounts falling due within one year

5

63,825

367,211

NET CURRENT ASSETS

726,583

432,908

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

726,583

432,908

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

726,583

432,908

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

726,583

432,908

Amounts due from members

4

-

(13,537

)

726,583

419,371

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 30 June 2020.

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 30 June 2021 and were signed by:

R G Turner - Designated member

1.	STATUTORY INFORMATION

Westside Aviation 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.

The financial statements have been prepared in accordance with applicable accounting standards and estimation techniques.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2019 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Amounts due from members

-

13,537

Other debtors

707,955

767,955

707,955

781,492

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Trade creditors

61,725

350,520

Accruals and deferred income

2,100

16,691

63,825

367,211

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amount in loans and other debts due to members ranks above other creditors.

7.	ULTIMATE CONTROLLING PARTY

During the year the ultimate controlling parties were A H Beynon, G C B Brook, M Goddard-Watts & R G Turner.

M Goddard-Watts resigned as a member from the partnership at 30 June 2020 and therefore from this date the ultimate controlling parties are A H Beynon, G C B Brooks & R G Turner.