Agile Centre LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC411838 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 MAY 2016 TO 31 MAY 2017

FOR

AGILE CENTRE LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DESIGNATED MEMBERS:

J McFadyen

S Roberts

K Harbott

J D Spruce

REGISTERED OFFICE:

152 High Street

Wellingborough

Northamptonshire

NN9 5PX

REGISTERED NUMBER:

OC411838 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

15 Chequergate

Louth

Lincolnshire

LN11 0LJ

FIXED ASSETS

Property, plant and equipment

4

1,248

CURRENT ASSETS

Debtors

5

163,700

Cash at bank

185,075

348,775

CREDITORS

Amounts falling due within one year

6

318,766

NET CURRENT ASSETS

30,009

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

31,257

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

MEMBERS' OTHER INTERESTS

Other reserves

31,257

31,257

TOTAL MEMBERS' INTERESTS

Members' other interests

31,257

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 31 May 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:

J McFadyen - Designated member

1.	STATUTORY INFORMATION

Agile Centre 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.

Revenue

Revenue 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.

Plant and machinery etc

-

50% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance lease are

depreciated over their useful lives or the lease term whichever is the shorter.

The interest element of these obligations is charged to profit and loss over the relevant period. The capital element of the

future repayments is treated as a liability.

Rentals paid under operating leases are charged to profit and loss as incurred.

Taxation

These financial statements form the basis period for the tax and national insurance liability to 5 April following the

statement of financial position date. In accordance with normal practice no provision is reflected in these financial

statements for that liability.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was 2 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

Additions

2,496

At 31 May 2017

2,496

DEPRECIATION

Charge for period

1,248

At 31 May 2017

1,248

NET BOOK VALUE

At 31 May 2017

1,248

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

159,317

Other debtors

4,383

163,700

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

318,766