The Screen Machine Supply Company LLP - Accounts to registrar (filleted) - small 18.1

The Screen Machine Supply Company LLP - Accounts to registrar (filleted) - small 18.1

THE SCREEN MACHINE SUPPLY COMPANY LIMITED LIABILITY PARTNERSHIP - Company Information

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REGISTERED NUMBER: OC303130 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

The Screen Machine Supply Company LLP
The Screen Machine Supply Company LLP (Registered number: OC303130)

Contents of the Financial Statements
for the Year Ended 31 March 2018










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Screen Machine Supply Company LLP

General Information
for the Year Ended 31 March 2018







DESIGNATED MEMBERS: Mrs J M Hale
C J Hale
Mrs C J Hale





REGISTERED OFFICE: Unit 6, Lyon Road
Denbigh West
Bletchley
Milton Keynes
MK1 1EX





REGISTERED NUMBER: OC303130 (England and Wales)





ACCOUNTANTS: ALI IBRAHIM ASSOCIATES
Chartered Certified Accountants
28 ROWAN CLOSE
ST ALBANS
Hertfordshire
AL4 0ST
Page 1
The Screen Machine Supply Company LLP (Registered number: OC303130)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 192,557 186,848

CURRENT ASSETS
Stocks 30,968 31,442
Debtors 5 109,470 85,538
Prepayments and accrued income 2,582 2,582
Cash at bank and in hand 134,712 107,775
277,732 227,337
CREDITORS
Amounts falling due within one year 6 40,406 38,609
NET CURRENT ASSETS 237,326 188,728
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
429,883
375,576

LOANS AND OTHER DEBTS DUE TO
MEMBERS
429,883
375,576

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 429,883 375,576

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 notes form part of these financial statements

Page 2 continued...
The Screen Machine Supply Company LLP (Registered number: OC303130)

Balance Sheet - continued
31 March 2018


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 14 June 2018 and were signed by:





C J Hale - Designated member

The notes form part of these financial statements

Page 3
The Screen Machine Supply Company LLP (Registered number: OC303130)

Notes to the Financial Statements
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

The Screen Machine Supply Company 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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2017 - 7 ).

Page 4 continued...
The Screen Machine Supply Company LLP (Registered number: OC303130)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2017 178,845 94,402 273,247
Additions - 16,194 16,194
At 31 March 2018 178,845 110,596 289,441
DEPRECIATION
At 1 April 2017 25,035 61,364 86,399
Charge for year - 10,485 10,485
At 31 March 2018 25,035 71,849 96,884
NET BOOK VALUE
At 31 March 2018 153,810 38,747 192,557
At 31 March 2017 153,810 33,038 186,848

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 109,470 85,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 10,501 12,085
Taxation and social security 18,933 16,882
Other creditors 10,972 9,642
40,406 38,609

Page 5