Jurgen Kaiser Wines LLP - Accounts to registrar (filleted) - small 17.3
Jurgen Kaiser Wines LLP - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2017 |
| FOR |
| JURGEN KAISER WINES LLP |
| JURGEN KAISER WINES LLP (REGISTERED NUMBER: OC380708) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 January 2017 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| JURGEN KAISER WINES LLP |
| GENERAL INFORMATION |
| for the Year Ended 31 January 2017 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Barclays Bank Chambers |
| Market Street |
| Hebden Bridge |
| West Yorkshire |
| HX7 6AD |
| JURGEN KAISER WINES LLP (REGISTERED NUMBER: OC380708) |
| BALANCE SHEET |
| 31 January 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,224,398 |
1,052,636 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
1,224,398 |
1,052,636 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 6 | 1,224,398 | 1,052,636 |
| 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. |
| 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 by: |
| JURGEN KAISER WINES LLP (REGISTERED NUMBER: OC380708) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 January 2017 |
| 1. | STATUTORY INFORMATION |
| Jurgen Kaiser Wines LLP is registered in England and Wales. The LLP's registered number and |
| registered office address can be found on the General Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Freehold property | - |
| Improvements to property | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the |
| period of the lease. |
| 3. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| Freehold | to | and |
| property | property | fittings |
| £ | £ | £ |
| COST |
| At 1 February 2016 |
| At 31 January 2017 |
| DEPRECIATION |
| At 1 February 2016 |
| Charge for year |
| Eliminated on disposal |
| At 31 January 2017 |
| NET BOOK VALUE |
| At 31 January 2017 |
| At 31 January 2016 |
| JURGEN KAISER WINES LLP (REGISTERED NUMBER: OC380708) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 January 2017 |
| 3. | TANGIBLE FIXED ASSETS - continued |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2016 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2017 |
| DEPRECIATION |
| At 1 February 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 January 2017 |
| NET BOOK VALUE |
| At 31 January 2017 |
| At 31 January 2016 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| VAT |
| Prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| VAT | 6,327 | - |
| Other creditors |
| Accrued expenses |
| 6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| 2017 | 2016 |
| £ | £ |
| Amounts owed to members in respect of profits | 1,224,398 | 1,052,636 |
| Falling due within one year | 1,224,398 | 1,052,636 |
| Loans and other debts to members would rank pari passu to other creditors. |
| 7. | RELATED PARTY DISCLOSURES |
| During the year the LLP supplied goods to Barford Imports Limited of £16,015 (2016 - £32,511), |
| Messrs J Kaiser, C J Kaiser and M J Kaiser are directors of this company. At the balance sheet |
| date the LLP owed Barford Imports Limited £39,844 (2016 - £28,696). |