Lawrence & Co CDS LLP - Accounts to registrar (filleted) - small 18.1

Lawrence & Co CDS LLP - Accounts to registrar (filleted) - small 18.1

LAWRENCE & CO. CDS LLP - Company Information

Print Friendly Version

IRIS Accounts Production v18.2.0.360 OC327954 designated member 1.1.17 31.12.17 31.12.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3279542016-12-31OC3279542017-12-31OC3279542017-01-012017-12-31OC3279542015-12-31OC3279542016-01-012016-12-31OC3279542016-12-31OC327954ns15:EnglandWales2017-01-012017-12-31OC327954ns14:PoundSterling2017-01-012017-12-31OC327954ns10:Director12017-01-012017-12-31OC327954ns10:LimitedLiabilityPartnershipLLP2017-01-012017-12-31OC327954ns10:SmallEntities2017-01-012017-12-31OC327954ns10:AuditExempt-NoAccountantsReport2017-01-012017-12-31OC327954ns10:SmallCompaniesRegimeForAccounts2017-01-012017-12-31OC327954ns10:LimitedLiabilityPartnershipsSORP2017-01-012017-12-31OC327954ns10:FullAccounts2017-01-012017-12-31OC327954ns10:Director22017-01-012017-12-31OC327954ns10:Director32017-01-012017-12-31OC327954ns10:Director42017-01-012017-12-31OC327954ns10:Director52017-01-012017-12-31OC327954ns10:RegisteredOffice2017-01-012017-12-31OC327954ns5:CurrentFinancialInstruments2017-12-31OC327954ns5:CurrentFinancialInstruments2016-12-31OC327954ns5:PlantMachinery2016-12-31OC327954ns5:PlantMachinery2017-12-31OC327954ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-31OC327954ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-31


REGISTERED NUMBER: OC327954 (England and Wales)













LAWRENCE & CO CDS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2017






LAWRENCE & CO CDS LLP (REGISTERED NUMBER: OC327954)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2017










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAWRENCE & CO CDS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2017







DESIGNATED MEMBERS: F J Daoud
Ms J E Kelman
L B Lederman
Ms H Patel





REGISTERED OFFICE: 404 Harrow Road
London
W9 2HU





REGISTERED NUMBER: OC327954 (England and Wales)





ACCOUNTANTS: Sinclairs Bartrum Lerner
Chartered Accountants
39A Welbeck Street
London
W1G 8DH
Page 1
LAWRENCE & CO CDS LLP (REGISTERED NUMBER: OC327954)

BALANCE SHEET
31ST DECEMBER 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Stocks 114,500 70,500
Debtors 5 245,659 188,773
Cash at bank and in hand 179,502 170,257
539,661 429,530
CREDITORS
Amounts falling due within one year 6 277,748 271,401
NET CURRENT ASSETS 261,913 158,129
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
261,913
158,129

LOANS AND OTHER DEBTS DUE TO
MEMBERS
7
161,913
58,129

MEMBERS' OTHER INTERESTS
Capital accounts 100,000 100,000
261,913 158,129

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 161,913 58,129
Members' other interests 100,000 100,000
Amounts due from members 5 (8,488 ) (17,928 )
253,425 140,201

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 31st December 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...
LAWRENCE & CO CDS LLP (REGISTERED NUMBER: OC327954)

BALANCE SHEET - continued
31ST DECEMBER 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 21st September 2018 and were signed by:





L B Lederman - Designated member

The notes form part of these financial statements

Page 3
LAWRENCE & CO CDS LLP (REGISTERED NUMBER: OC327954)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2017


1. STATUTORY INFORMATION

Lawrence & Co CDS 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 11 (2016 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2017
and 31st December 2017 11,026
DEPRECIATION
At 1st January 2017
and 31st December 2017 11,026
NET BOOK VALUE
At 31st December 2017 -

Page 4 continued...
LAWRENCE & CO CDS LLP (REGISTERED NUMBER: OC327954)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2017


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 146,750 122,250
Other debtors 98,909 66,523
245,659 188,773

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 55,250 53,073
Trade creditors 10,227 17,707
Taxation and social security 25,203 21,407
Other creditors 187,068 179,214
277,748 271,401

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members would rank equally with other unsecured creditors in the event of a
winding up.

Page 5