Porter-Butler Associates LLP - Accounts to registrar - small 17.2

REGISTERED NUMBER: OC311829 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Porter Butler Associates Human

Resources Consultancy LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs J Porter-Butler

RM Porter-Butler

REGISTERED OFFICE:

Alder Barn

Upper Cheddon

Cheddon Fitzpaine

Taunton

Somerset

TA2 8LB

REGISTERED NUMBER:

OC311829 (England and Wales)

ACCOUNTANTS:

Phillips Dinnes Limited

Chartered Accountants

Incorporating Patricia Todd

115 South Road

Taunton

Somerset

TA1 3EA

FIXED ASSETS

Tangible assets

3

1,038

1,384

CURRENT ASSETS

Debtors

4

1,870

-

Cash at bank and in hand

330

7,335

2,200

7,335

CREDITORS

Amounts falling due within one year

5

2,253

-

NET CURRENT (LIABILITIES)/ASSETS

(53

)

7,335

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

985

8,719

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

985

8,719

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

985

8,719

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 2017.

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 of Part 15 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 small LLPs.

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 on 26 July 2017 and were signed by:

Mrs J Porter-Butler - Designated member

RM Porter-Butler - Designated member

1.	STATUTORY INFORMATION

Porter Butler Associates Human Resources Consultancy 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 and rebates, but including value added tax. The partnership utilises

the flat rate scheme for value added tax accounting, and the liabilities arising are

reported as overhead expenditure.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2016

and 31 March 2017

1,958

908

15,399

1,571

19,836

DEPRECIATION

At 1 April 2016

1,958

658

14,492

1,344

18,452

Charge for year

-

62

227

57

346

At 31 March 2017

1,958

720

14,719

1,401

18,798

NET BOOK VALUE

At 31 March 2017

-

188

680

170

1,038

At 31 March 2016

-

250

907

227

1,384

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

1,870

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

1,503

-

Other creditors

750

-

2,253

-

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.17

31.3.16

£

£

Amounts owed to members in respect of profits

985

8,719

Falling due within one year

985

8,719

Loans and other debts due to members rank equally with debts due to ordinary creditors

in a winding up.