Clayton Medical Partnership LLP - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: OC404109 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

CLAYTON MEDICAL PARTNERSHIP LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr R A E Clayton

Mrs G S Clayton

REGISTERED OFFICE:

28a The Hundred

Romsey

Hampshire

SO51 8BW

REGISTERED NUMBER:

OC404109 (England and Wales)

ACCOUNTANTS:

Kumar Associates

Chartered Certified Accountants

28a The Hundred

Romsey

Hampshire

SO51 8BW

FIXED ASSETS

Tangible assets

3

60,537

1,037

CURRENT ASSETS

Debtors

4

28,165

16,661

Cash at bank

19,274

167,412

47,439

184,073

CREDITORS

Amounts falling due within one year

5

34,159

20,588

NET CURRENT ASSETS

13,280

163,485

TOTAL ASSETS LESS CURRENT LIABILITIES

73,817

164,522

CREDITORS

Amounts falling due after more than one year

6

61,237

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

12,580

164,522

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

12,580

164,522

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

12,580

164,522

Amounts due from members

4

(9,196

)

-

3,384

164,522

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 March 2018.

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 2 May 2018 and were signed by:

Mr R A E Clayton - Designated member

1.	STATUTORY INFORMATION

Clayton Medical Partnership 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.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

1,353

Additions

79,680

At 31 March 2018

81,033

DEPRECIATION

At 1 April 2017

316

Charge for year

20,180

At 31 March 2018

20,496

NET BOOK VALUE

At 31 March 2018

60,537

At 31 March 2017

1,037

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

18,969

16,661

Other debtors

9,196

-

28,165

16,661

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

8,604

-

Trade creditors

4,105

-

Taxation and social security

12,610

17,708

Other creditors

8,840

2,880

34,159

20,588

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

32,077

-

Other creditors

29,160

-

61,237

-

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members would rank in the same order as debts due to other creditors.