Groves Medical Centre LLP - Accounts to registrar (filleted) - small 18.2

Groves Medical Centre LLP - Accounts to registrar (filleted) - small 18.2

GROVES MEDICAL CENTRE LLP - Company Information

Print Friendly Version

IRIS Accounts Production v18.2.1.62 OC351595 designated member 1.1.17 31.12.17 31.12.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3515952016-12-31OC3515952017-12-31OC3515952017-01-012017-12-31OC3515952015-12-31OC3515952016-01-012016-12-31OC3515952016-12-31OC351595ns15:EnglandWales2017-01-012017-12-31OC351595ns14:PoundSterling2017-01-012017-12-31OC351595ns10:Director12017-01-012017-12-31OC351595ns10:LimitedLiabilityPartnershipLLP2017-01-012017-12-31OC351595ns10:SmallEntities2017-01-012017-12-31OC351595ns10:AuditExempt-NoAccountantsReport2017-01-012017-12-31OC351595ns10:SmallCompaniesRegimeForAccounts2017-01-012017-12-31OC351595ns10:LimitedLiabilityPartnershipsSORP2017-01-012017-12-31OC351595ns10:FullAccounts2017-01-012017-12-31OC351595ns10:Director22017-01-012017-12-31OC351595ns10:Director32017-01-012017-12-31OC351595ns10:Director42017-01-012017-12-31OC351595ns10:Director52017-01-012017-12-31OC351595ns10:Director62017-01-012017-12-31OC351595ns10:RegisteredOffice2017-01-012017-12-31OC351595ns5:CurrentFinancialInstruments2017-12-31OC351595ns5:CurrentFinancialInstruments2016-12-31OC351595ns5:CostValuation2016-12-31


REGISTERED NUMBER: OC351595 (England and Wales)














GROVES MEDICAL CENTRE LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017






GROVES MEDICAL CENTRE LLP (REGISTERED NUMBER: OC351595)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GROVES MEDICAL CENTRE LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DESIGNATED MEMBERS: Dr J K Jacob
Dr V M Grippaudo
Dr V Retnasingham
Dr J N Harris
Dr N A Jivani
Dr A L Fensom





REGISTERED OFFICE: Station House
North Street
Havant
Hampshire
PO9 1QU





REGISTERED NUMBER: OC351595 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU
Page 1
GROVES MEDICAL CENTRE LLP (REGISTERED NUMBER: OC351595)

BALANCE SHEET
31 DECEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investments 3 180,000 180,000

CURRENT ASSETS
Debtors 117,920 103,888

CREDITORS
Amounts falling due within one year 4 11,259 9,727
NET CURRENT ASSETS 106,661 94,161
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
286,661
274,161

LOANS AND OTHER DEBTS DUE TO
MEMBERS
286,661
274,161

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 286,661 274,161
Amounts due from members (117,920 ) (103,888 )
168,741 170,273

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 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...
GROVES MEDICAL CENTRE LLP (REGISTERED NUMBER: OC351595)

BALANCE SHEET - continued
31 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 27 September 2018 and were signed
by:





Dr V M Grippaudo - Designated member

The notes form part of these financial statements

Page 3
GROVES MEDICAL CENTRE LLP (REGISTERED NUMBER: OC351595)

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

1. STATUTORY INFORMATION

Groves Medical Centre 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.

The financial statements have been prepared in accordance with applicable United Kingdom
accounting standards, including Financial Reporting Standard 102 - 'The Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), Companies Act 2006 as applied
by LLPs and the Statement of Recommended Practice (SORP), Accounting by Limited Liability
Partnerships, issued in July 2014. The financial statements have been prepared on the historical cost
basis except for the modification to a fair value basis for certain financial instruments as specified in
the accounting policies below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Investments
Investments held as fixed assets are shown at cost less provision for impairment.

3. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2017
and 31 December 2017 180,000
NET BOOK VALUE
At 31 December 2017 180,000
At 31 December 2016 180,000

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 11,259 9,727

Page 4