Sean Ryan (UK) LLP - Accounts to registrar - small 17.2

REGISTERED NUMBER: OC334611 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Sean Ryan (UK) LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr S Ryan

Miss R Ryan

REGISTERED OFFICE:

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

REGISTERED NUMBER:

OC334611 (England and Wales)

ACCOUNTANTS:

A4G LLP

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

FIXED ASSETS

Tangible assets

4

-

98

Investments

5

77,500

77,500

77,500

77,598

CURRENT ASSETS

Cash at bank

3,867

930

CREDITORS

Amounts falling due within one year

5,550

5,175

NET CURRENT LIABILITIES

(1,683

)

(4,245

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

75,817

73,353

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

75,817

73,353

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

75,817

73,353

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 24 October 2017 and were signed by:

Mr S Ryan - Designated member

1.	STATUTORY INFORMATION

Sean Ryan (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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Profit share received from companies in which the company is a corporate partner is recognised in the year in

which the company is entitled to receive a share of profits.

Tangible fixed assets

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

Computer equipment

-

25% on cost

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

670

DEPRECIATION

At 1 April 2016

572

Charge for year

98

At 31 March 2017

670

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

98

5.	FIXED ASSET INVESTMENTS

The balance of £77,500 represents an investment in Dickens Developments (UK) LLP.

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2017

2016

£

£

Amounts owed to members in respect of profits

75,817

73,353

Falling due within one year

75,817

73,353

7.	ULTIMATE CONTROLLING PARTY

The partnership was under the control of Mr S Ryan throughout the period.