The Scott-Law Properties LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC301790 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2017

for

The Scott-Law Properties LLP

Page

General Information

1

Balance Sheet

2

DESIGNATED MEMBERS:

T N Scott

Mrs C J G Scott

REGISTERED OFFICE:

Scott-Law House

Lynch Road Business Park

BERKELEY

Gloucestershire

GL13 9TA

REGISTERED NUMBER:

OC301790 (England and Wales)

ACCOUNTANTS:

A C Mole & Sons

Chartered Accountants

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

4,388,456

4,347,212

CURRENT ASSETS

68,013

25,174

CREDITORS

Amounts falling due within one year

(229,647

)

(411,604

)

NET CURRENT LIABILITIES

(161,634

)

(386,430

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,226,822

3,960,782

CREDITORS

Amounts falling due after more than one year

1,013,096

999,667

NET ASSETS

3,213,726

2,961,115

LOANS AND OTHER DEBTS DUE TO MEMBERS

1,834,669

1,582,058

MEMBERS' OTHER INTERESTS

1,379,057

1,379,057

3,213,726

2,961,115

NOTE TO THE FINANCIAL STATEMENTS

1.	OTHER FINANCIAL COMMITMENTS

The Scott-Law Properties LLP are committed to pay £5,832 (2016: £11,664) in respect of an Interest Rate Cap

agreement.

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 30 September 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 in accordance with the micro-entity provisions 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.

The financial statements were approved by the members of the LLP on 8 January 2018 and were signed by:

T N Scott - Designated member