Oak Lane Estates LLP - Accounts to registrar (filleted) - small 18.2

Oak Lane Estates LLP - Accounts to registrar (filleted) - small 18.2

OAK LANE ESTATES LLP - Company Information

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REGISTERED NUMBER: OC380231 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

OAK LANE ESTATES LLP
OAK LANE ESTATES LLP (REGISTERED NUMBER: OC380231)

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


OAK LANE ESTATES LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DESIGNATED MEMBERS: Mr S A Hall
Mr A J Head
Mr B A McNamara
Mr D O'Donnell
Miss L L Head
Mrs P J Sparks





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: OC380231 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ
Page 1
OAK LANE ESTATES LLP (REGISTERED NUMBER: OC380231)

BALANCE SHEET
31 MARCH 2018

31.3.18 31.3.17
Notes £    £   
CURRENT ASSETS
Stocks 4 187,372 352,000
Debtors 5 130,000 -
Cash at bank 72,949 39,472
390,321 391,472
CREDITORS
Amounts falling due within one year 6 4,800 4,800
NET CURRENT ASSETS 385,521 386,672
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
385,521
386,672

LOANS AND OTHER DEBTS DUE TO
MEMBERS
7
385,521
386,672

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 385,521 386,672

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...
OAK LANE ESTATES LLP (REGISTERED NUMBER: OC380231)

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 25 July 2018 and were signed by:





Mr S A Hall - Designated member

The notes form part of these financial statements

Page 3
OAK LANE ESTATES LLP (REGISTERED NUMBER: OC380231)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Oak Lane Estates 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2017 - 6 ).

4. STOCKS
31.3.18 31.3.17
£    £   
Work-in-progress 187,372 352,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Other debtors 130,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Accrued expenses 4,800 4,800

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.18 31.3.17
£    £   
Amounts owed to members in respect of profits 385,521 386,672

Falling due within one year 385,521 386,672

Total loans due to members is £385,521.

Page 4