Kalverboer Management UK LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC354769 (England and Wales)

KALVERBOER MANAGEMENT UK LLP

Unaudited Financial Statements

for the Year Ended 31 May 2021

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

P H L Kalverboer

A L Silsby

REGISTERED OFFICE:

Copse Hill

Flaunden Lane

Bovingdon

Hemel Hempstead

Hertfordshire

HP3 0PA

REGISTERED NUMBER:

OC354769 (England and Wales)

ACCOUNTANTS:

Phoenix Business Associates Limited

Chartered Certified Accountants

The Riding School House

Bulls Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QW

FIXED ASSETS

Tangible assets

4

105,326

140,386

CURRENT ASSETS

Debtors

5

121,550

67,154

Cash at bank

5,546

22,946

127,096

90,100

CREDITORS

Amounts falling due within one year

6

8,358

22,001

NET CURRENT ASSETS

118,738

68,099

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

224,064

208,485

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

224,064

208,485

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

224,064

208,485

Amounts due from members

5

(114,542

)

(61,786

)

109,522

146,699

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 May 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 Profit and loss account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 March 2022 and were signed by:

P H L Kalverboer - Designated member

A L Silsby - Designated member

1.	STATUTORY INFORMATION

Kalverboer Management UK 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The LLP makes contributions into an employees personal pension plan. Such costs are charged to the profit and loss account as they are incurred.

Holiday pay accrual

The liability is recognised when an employee has provided service

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2020

and 31 May 2021

213,567

DEPRECIATION

At 1 June 2020

73,181

Charge for year

35,060

At 31 May 2021

108,241

NET BOOK VALUE

At 31 May 2021

105,326

At 31 May 2020

140,386

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/21

31/5/20

£

£

Trade debtors

-

100

Other debtors

121,550

67,054

121,550

67,154

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/21

31/5/20

£

£

Trade creditors

1,278

6,746

Taxation and social security

2,620

6,884

Other creditors

4,460

8,371

8,358

22,001

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members rank equally to other creditors who are unsecured in the event of a winding up. There is no protection afforded to other creditors in such an event. There are no restrictions or limitations in respect of the ability of the members to reduce the amount of members other interests.

8.	ULTIMATE CONTROLLING PARTY

The LLP recognises Mr P H L Kalverboer and A Silsby as its controlling parties.