Paynet LLP - Accounts

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	Registered number:
	OC398900

	Paynet LLP
	Unaudited Accounts
	for the Year Ended
	31 March 2021

		2021 £		2020 £
Current Assets
Debtors	61,394		40,620
Cash at bank and in hand	37,400		19,009
	98,794		59,629

Creditors falling due within one year	(1,469)		(1,245)

Net Current Assets / (Liabilities)		97,325		58,384

Creditors falling due after more than one year		(635)		(10,321)

Net Assets Attributable to Members		96,690		48,063

Loans and other debts due to members within one year
Represented by:
Members' capital classified as a liability	85	89
	85	89

Members' other interests
.
Members' capital classified as a equity	96,605	47,974
	96,690	48,063

Total members' interests
.
Loans and other debts due to members	85	89
Members' other interests	96,605	47,974
	96,690	48,063

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The members have not delivered a copy of the LLP's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006 (as applied to LLPs).

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

For the year ended 31 March 2021 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The financial statements were approved by the members and signed on their behalf by:

.........................................................

Approved by members on 29 December 2021

SandP IMPEX SOLUTIONS LTD

Designated Member

Paynet LLP

Registered number: OC398900 (England and Wales)

1.	Accounting Policies
	Basis of preparation The financial statements are prepared under the historical cost covention and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in January 2017. These financial statements reflect the results of the LLP for the year ended 31 March 2021.

Accounting Policies

Basis of preparation

The financial statements are prepared under the historical cost covention and the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in January 2017.

These financial statements reflect the results of the LLP for the year ended 31 March 2021.

	Turnover
	Turnover represents amounts due in respect of legal services provided during the year, net of VAT.

2.	Employees
		2021		2020
	Average number of employees during the period	0		0

3.	Other Information
	The managers of the company did not receive any form of remuneration or emoluments during this period.