Amaams LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC372565 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

AMAAMS LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs A A H Moore

Dr A P Moore

REGISTERED OFFICE:

Kemp House

152 City Road

London

EC1V 2NX

REGISTERED NUMBER:

OC372565 (England and Wales)

ACCOUNTANTS:

Horizon Accounts Limited

Stapleton House

Block A, 2nd Floor

110 Clifton Street

London

EC2A 4HT

FIXED ASSETS

Tangible assets

5

24

222

CURRENT ASSETS

Stocks

-

34,023

Debtors

1,738

-

Cash at bank

1,838

84

3,576

34,107

CREDITORS

Amounts falling due within one year

6

3,600

1,800

NET CURRENT (LIABILITIES)/ASSETS

(24

)

32,307

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

32,529

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

-

32,529

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

-

32,529

Amounts due from members

(1,738

)

-

(1,738

)

32,529

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 28 February 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 12 February 2018 and were signed by:

Dr A P Moore - Designated member

1.	STATUTORY INFORMATION

Amaams LLP is registered in England and Wales. The LLP's registered number and registered office address can

be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 28 February 2017 are the first that are prepared in accordance with

FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of

transition to FRS 102 Section 1A is 1 March 2015.

The policies applied under the entity's previous accounting framework are not materially different to FRS 102

and have no impact on equity or profit or loss.

Significant judgements and estimates

No significant judgements or estimates have been applied to arrive at the figures contained within the financial

statements.

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.

Computer equipment

-

25% on straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Going concern

The financial statements have been prepared on the going concern basis. The designated members have a

reasonable expectation that the trading performance of the LLP will continue to improve. They will continue to

provide ongoing support to the LLP so that it will be able to meet its future obligations, if and when, they

become due. It is on this basis, the designated members, are of the opinion that they should continue to adopt the

going concern basis in preparing the financial statements.

4.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL.

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 March 2016

and 28 February 2017

1,341

DEPRECIATION

At 1 March 2016

1,119

Charge for year

198

At 28 February 2017

1,317

NET BOOK VALUE

At 28 February 2017

24

At 29 February 2016

222

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Other creditors

3,600

1,800

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members (other than members' capital classified as debt) rank first in relation to

other creditors.