Randall's Political Services LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC425335 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Randall's Political Services LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr C P Robathan

Mr B S Rogers

REGISTERED OFFICE:

St George's House

14 George Street

Huntingdon

Cambridgeshire

PE29 3GH

REGISTERED NUMBER:

OC425335 (England and Wales)

ACCOUNTANTS:

George Hay Partnership LLP

Chartered Accountants

St George's House

George Street

Huntingdon

Cambridgeshire

PE29 3GH

FIXED ASSETS

Investments

4

2,222,223

11,100

CURRENT ASSETS

Debtors

5

59,748

87,752

CREDITORS

Amounts falling due within one year

6

923,193

30,551

NET CURRENT (LIABILITIES)/ASSETS

(863,445

)

57,201

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,358,778

68,301

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

106,555

47,201

MEMBERS' OTHER INTERESTS

Capital accounts

1,252,223

21,100

1,358,778

68,301

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

106,555

47,201

Members' other interests

1,252,223

21,100

Amounts due from members

5

-

(87,752

)

1,358,778

(19,451

)

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 December 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 12 March 2022 and were signed by:

Mr B S Rogers - Designated member

1.	STATUTORY INFORMATION

Randall's Political Services 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 as modified by the revaluation of certain assets.

Investments in subsidiaries

Investments in subsidiary undertakings is recognised at an agreed value as of 31st March 2021 by the members.

3.	EMPLOYEE INFORMATION

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 January 2021

11,100

Revaluations

2,211,123

At 31 December 2021

2,222,223

NET BOOK VALUE

At 31 December 2021

2,222,223

At 31 December 2020

11,100

Cost or valuation at 31 December 2021 is represented by:

Shares in

group

undertakings

£

Valuation in 2021

2,211,123

Cost

11,100

2,222,223

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed by group undertakings

59,748

-

Other debtors

-

87,752

59,748

87,752

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed to group undertakings

-

30,551

Other creditors

923,193

-

923,193

30,551

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.