Durnsford Road Llp - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC374726 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

DURNSFORD ROAD LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Joseph Homes Ltd

Mr J V T Rajah

REGISTERED OFFICE:

8 Waterloo Court

10 Theed Street

London

SE1 8ST

REGISTERED NUMBER:

OC374726 (England and Wales)

ACCOUNTANTS:

Raffingers LLP

Chartered Certified Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

3

-

11,250

CURRENT ASSETS

Debtors

4

-

3,007,061

Prepayments and accrued income

-

250,000

-

3,257,061

CREDITORS

Amounts falling due within one year

5

-

385,930

NET CURRENT ASSETS

-

2,871,131

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

2,882,381

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

-

2,882,381

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

-

2,882,381

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 April 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 January 2018 and were signed by:

Mr J V T Rajah - Designated member

1.	STATUTORY INFORMATION

Durnsford Road 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,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

3.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2016

20,000

Disposals

(20,000

)

At 30 April 2017

-

DEPRECIATION

At 1 May 2016

8,750

Eliminated on disposal

(8,750

)

At 30 April 2017

-

NET BOOK VALUE

At 30 April 2017

-

At 30 April 2016

11,250

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

-

3,007,061

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

7,597

Other creditors

-

378,333

-

385,930

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members are unsecured.

7.	FIRST YEAR ADOPTION

The Company has adopted FRS 102 for the year ended 30 April 2017, with the date of transition being 1

May 2015. On transition management have considered the effect of any changes in accounting treatment

from UK GAAP to FRS 102 for this company but do not consider there to be any material changes that

would warrant restatement of the comparative financials.