Athena Solicitors LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC386748 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2017

FOR

ATHENA SOLICITORS LLP

Page

General Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DESIGNATED MEMBERS:

Mr R Almond

Mr S E Boyd

Mr P N D C Willan

REGISTERED OFFICE:

Greg's Building

1 Booth Street

Manchester

M2 4DU

REGISTERED NUMBER:

OC386748 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Intangible assets

4

150

270

Tangible assets

5

19,959

29,162

20,109

29,432

CURRENT ASSETS

Debtors

176,684

113,956

Cash at bank

111,046

53,412

287,730

167,368

CREDITORS

Amounts falling due within one year

104,810

99,009

NET CURRENT ASSETS

182,920

68,359

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

203,029

97,791

LOANS AND OTHER DEBTS DUE TO MEMBERS

203,029

97,791

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

203,029

97,791

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 30th June 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 30th June 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 28th November 2017 and were signed by:

Mr R Almond - Designated member

1.	STATUTORY INFORMATION

Athena Solicitors 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 represents the total amount receivable by the company for services provided, excluding value added

tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of five years.

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

Computer equipment

-

25% on cost

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 13 .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st July 2016

and 30th June 2017

600

AMORTISATION

At 1st July 2016

330

Amortisation for year

120

At 30th June 2017

450

NET BOOK VALUE

At 30th June 2017

150

At 30th June 2016

270

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st July 2016

58,695

Additions

4,057

At 30th June 2017

62,752

DEPRECIATION

At 1st July 2016

29,533

Charge for year

13,260

At 30th June 2017

42,793

NET BOOK VALUE

At 30th June 2017

19,959

At 30th June 2016

29,162

6.	ULTIMATE CONTROLLING PARTY

In the opinion of the members, there is no controlling party as defined by FRS 8 "Related Party Disclosures".