IBE Partnership LLP - LLP accounts 20.1

IBE Partnership LLP - LLP accounts 20.1


IRIS Accounts Production v21.1.6.35 OC356149 designated member 1.4.20 31.3.21 31.3.21 No description of principal activity 0 0 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3561492020-03-31OC3561492021-03-31OC3561492020-04-012021-03-31OC3561492019-03-31OC3561492019-04-012020-03-31OC3561492020-03-31OC356149ns16:EnglandWales2020-04-012021-03-31OC356149ns15:PoundSterling2020-04-012021-03-31OC356149ns11:Director12020-04-012021-03-31OC356149ns11:LimitedLiabilityPartnershipLLP2020-04-012021-03-31OC356149ns11:Micro-entities2020-04-012021-03-31OC356149ns11:AuditExemptWithAccountantsReport2020-04-012021-03-31OC356149ns11:LimitedLiabilityPartnershipsSORP2020-04-012021-03-31OC356149ns11:FullAccounts2020-04-012021-03-31OC356149ns6:CurrentFinancialInstruments2021-03-31OC356149ns6:CurrentFinancialInstruments2020-03-31


REGISTERED NUMBER: OC356149 (England and Wales)















IBE PARTNERSHIP LLP

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021






IBE PARTNERSHIP LLP (REGISTERED NUMBER: OC356149)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021










Page

Report of the Accountants 1

Income Statement 2

Balance Sheet 3


IBE PARTNERSHIP LLP

REPORT OF THE ACCOUNTANTS TO THE MEMBERS OF
IBE PARTNERSHIP LLP



As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2021 set out on pages two to four and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Grugeon Reynolds Limited
Chartered Accountants
Rutland House
44 Masons Hill
Bromley
Kent
BR2 9JG


28 July 2021

IBE PARTNERSHIP LLP (REGISTERED NUMBER: OC356149)


INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2021

2021 2020
£    £   

TURNOVER 25,700 96,231

Depreciation and other amounts written off assets (455 ) (880 )

Other charges (22,295 ) (27,729 )

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


2,950


67,622

IBE PARTNERSHIP LLP (REGISTERED NUMBER: OC356149)


BALANCE SHEET
31 MARCH 2021

2021 2020
£    £    £    £   
FIXED ASSETS 155 610

CURRENT ASSETS 7,877 18,345

CREDITORS
Amounts falling due within one year (6,102 ) (7,332 )
NET CURRENT ASSETS 1,775 11,013
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,930

11,623

LOANS AND OTHER DEBTS DUE TO MEMBERS 1,930 11,623

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

IBE Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC356149

Registered office: 309 Southborough Lane
Bromley
Kent
BR2 8BG

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


2. AVERAGE NUMBER OF EMPLOYEES

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



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.

IBE PARTNERSHIP LLP (REGISTERED NUMBER: OC356149)


BALANCE SHEET - continued
31 MARCH 2021


The financial statements have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the members of the LLP and authorised for issue on 28 July 2021 and were signed by:





V Chrysostomou - Designated member