Gardner James LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC378359 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2016 to 30 April 2017

for

Gardner James LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

6

DESIGNATED MEMBERS:

The European Safety Bureau Limited

Ben Gardner Limited

REGISTERED OFFICE:

c/o Charnwood Accountants

The Point, Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

REGISTERED NUMBER:

OC378359 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Tangible assets

4

12,812

6,782

CURRENT ASSETS

Debtors

5

243,817

153,494

Cash at bank

138,777

13,852

382,594

167,346

CREDITORS

Amounts falling due within one year

6

148,791

58,165

NET CURRENT ASSETS

233,803

109,181

TOTAL ASSETS LESS CURRENT LIABILITIES

246,615

115,963

CREDITORS

Amounts falling due after more than one year

7

138,479

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

108,136

115,963

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

108,096

115,923

MEMBERS' OTHER INTERESTS

Capital accounts

40

40

108,136

115,963

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

108,096

115,923

Members' other interests

40

40

Amounts due from members

5

(29,036

)

-

79,100

115,963

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 period 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 31 January 2018 and were signed by:

Ben Gardner Limited - Designated member

The European Safety Bureau Limited - Designated member

1.	STATUTORY INFORMATION

Gardner James 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

-

20% on reducing balance

Computer equipment and website

-

33% on cost

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.	EMPLOYEE INFORMATION

The average number of employees during the period was 7 .

4.	TANGIBLE FIXED ASSETS

Computer

Fixtures

equipment

and

and

fittings

website

Totals

£

£

£

COST

At 1 April 2016

6,137

21,950

28,087

Additions

2,418

6,071

8,489

At 30 April 2017

8,555

28,021

36,576

DEPRECIATION

At 1 April 2016

2,140

19,165

21,305

Charge for period

840

1,619

2,459

At 30 April 2017

2,980

20,784

23,764

NET BOOK VALUE

At 30 April 2017

5,575

7,237

12,812

At 31 March 2016

3,997

2,785

6,782

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

31.3.16

£

£

Trade debtors

68,480

67,663

Other debtors

175,337

85,831

243,817

153,494

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

31.3.16

£

£

Bank loans and overdrafts

41,894

-

Trade creditors

6,724

9,208

Taxation and social security

98,500

48,957

Other creditors

1,673

-

148,791

58,165

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.17

31.3.16

£

£

Bank loans

138,479

-

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, members' other interests rank after unsecured creditors while loans and other debts due to

members rank pari passu with unsecured creditors. There is no further formal protection afforded to creditors in the

event of a winding up.

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited

financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the

Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability

Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your

approval the financial statements of Gardner James LLP for the period ended 30 April 2017 which comprise the Income

Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations

you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the members of Gardner James LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gardner James LLP and state those matters that we have agreed to state to the members of Gardner James LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Gardner James LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gardner James LLP. You consider that Gardner James LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Gardner James LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

31 January 2018