Beepz LLP - Accounts to registrar (filleted) - small 18.1

Beepz LLP - Accounts to registrar (filleted) - small 18.1

BEEPZ LLP - Company Information

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REGISTERED NUMBER: OC378976 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 October 2017

for

Beepz LLP
Beepz LLP (Registered number: OC378976)






Contents of the Financial Statements
for the Year Ended 31 October 2017




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Beepz LLP

General Information
for the Year Ended 31 October 2017







DESIGNATED MEMBERS: G P Donlon
J B S Manning





REGISTERED OFFICE: The Glades
Festival Way
Festival Park
Stoke on Trent
Staffordshire





REGISTERED NUMBER: OC378976 (England and Wales)





Page 1
Beepz LLP (Registered number: OC378976)

Statement of Financial Position
31 October 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 5 61,966 59,742
Cash at bank 1,039 25
63,005 59,767
CREDITORS
Amounts falling due within one year 6 21,516 21,517
NET CURRENT ASSETS 41,489 38,250
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
41,489
38,250

LOANS AND OTHER DEBTS DUE TO
MEMBERS
7
41,489
38,250

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 41,489 38,250
Amounts due from members 5 (61,750 ) (59,475 )
(20,261 ) (21,225 )

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 31 October 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 notes form part of these financial statements

Page 2 continued...
Beepz LLP (Registered number: OC378976)

Statement of Financial Position - continued
31 October 2017


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 6 March 2018 and were signed by:





J B S Manning - Designated member

The notes form part of these financial statements

Page 3
Beepz LLP (Registered number: OC378976)

Notes to the Financial Statements
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

Beepz 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. 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 cover the company as an individual entity, have been prepared under the
historical cost convention and are presented in Pounds Sterling (£) being the functional currency.

The financial statements have been prepared on the assumption that the company is able to carry
on business as a going concern, which the directors consider appropriate having regard to the
company's current and expected performance.

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 - 33.33% on cost

Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of
the asset received or receivable. Grants are classified as relating either to revenue or to assets.
Grants relating to revenue are recognised in income over the period in which the related costs are
recognised. Grants relating to assets are recognised over the expected useful life of the asset.
Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in
non-convertible preference and non-puttable ordinary shares which are measured at fair value, with
changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost
and thereafter at fair value with changes recognised in profit or loss.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Page 4 continued...
Beepz LLP (Registered number: OC378976)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2016
and 31 October 2017 733
DEPRECIATION
At 1 November 2016
and 31 October 2017 733
NET BOOK VALUE
At 31 October 2017 -
At 31 October 2016 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 61,966 59,742

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 21,516 21,517

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2017 2016
£    £   
Loans from members 41,489 38,250

Falling due within one year 41,489 38,250

In the event of an insolvent winding up the members will rank pari passu with other unsecured
creditors of the LLP.

8. FIRST YEAR ADOPTION

These financial statements are the first that comply with Financial Reporting Standard (FRS) 102 -
section 1.A Small Entities. The company's transition date was 1 November 2016. The transition to
FRS 102 has not resulted in any transitional adjustments as a result of accounting policy changes to
comply with the new reporting standard.

Page 5