Sandy Brown Associates LLP - Accounts to registrar (filleted) - small 17.3
Sandy Brown Associates LLP - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| SANDY BROWN ASSOCIATES LLP |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 |
| SANDY BROWN ASSOCIATES LLP (REGISTERED NUMBER: OC307504) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 March 2017 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| SANDY BROWN ASSOCIATES LLP |
| GENERAL INFORMATION |
| for the Year Ended 31 March 2017 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Weltech Centre |
| Ridgeway |
| Welwyn Garden City |
| Hertfordshire |
| AL7 2AA |
| SANDY BROWN ASSOCIATES LLP (REGISTERED NUMBER: OC307504) |
| BALANCE SHEET |
| 31 March 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,287,316 |
1,270,804 |
| SANDY BROWN ASSOCIATES LLP (REGISTERED NUMBER: OC307504) |
| BALANCE SHEET - continued |
| 31 March 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
1,287,316 |
1,270,804 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 7 | 1,287,316 | 1,270,804 |
| 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: |
| SANDY BROWN ASSOCIATES LLP (REGISTERED NUMBER: OC307504) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Sandy Brown Associates LLP is registered in Not specified/Other. 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 |
| Transition to Financial Reporting Standard 102 |
| These financial statements are the first annual financial statements of the company prepared in |
| accordance with Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial |
| Reporting Standard applicable in the UK and Republic of Ireland" (FRS102). The first date at which |
| this was applied was 1 April 2015. There is no effect on the accounting policies and the opening |
| equity and profit for the prior year. |
| Turnover |
| Turnover represents net invoiced sales of goods and services supplied, excluding value added tax. |
| Revenue is recognised on a project by project basis dependent upon its stage of completion. |
| Tangible fixed assets |
| Land and buildings | - |
| Office equipment | - |
| Acoustic equipment | - |
| Furniture and fit-out | - |
| Computer, scanning and telephone equipment |
- |
| Work in progress |
| Work in progress is valued at its net realisable value. |
| Pension costs and other post-retirement benefits |
| The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's |
| pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| SANDY BROWN ASSOCIATES LLP (REGISTERED NUMBER: OC307504) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 March 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Land and | Office | Acoustic |
| buildings | equipment | equipment |
| £ | £ | £ |
| COST |
| At 1 April 2016 |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| At 1 April 2016 |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| Computer, |
| scanning |
| Furniture | and |
| and | telephone |
| fit-out | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2016 |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| At 1 April 2016 |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| SANDY BROWN ASSOCIATES LLP (REGISTERED NUMBER: OC307504) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 March 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans and other debts due to members rank equally with debts due to unsecured creditors in the |
| event of a winding up. There is no provision for specific legally enforceable protection afforded to |
| creditors in such an event. There are no restrictions or limitations on the ability of the members to |
| reduce the amount of 'Members' other interests'. |