Goldhill Mill Associates LLP - Filleted accounts

GOLDHILL MILL ASSOCIATES LLP - Company Information

Registered number

OC415349

Goldhill Mill Associates LLP

Unaudited Filleted Accounts

31 January 2018

Goldhill Mill Associates LLP
Registered number:		OC415349
Balance Sheet
as at 31 January 2018
	Notes	2018
£
Fixed assets
Tangible assets	2	3,198
Current assets
Debtors	3	26,556
Cash at bank and in hand		74,243
		100,799

Creditors: amounts falling due within one year	4	(14,728)

Net current assets		86,071

Total assets less current liabilities		89,269

Net assets attributable to members		89,269

Represented by:
Loans and other debts due to members	5	89,269

		89,269

Total members' interests
Loans and other debts due to members	5	89,269

		89,269

For the period ended 31 January 2018 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 28 September 2018 and signed on their behalf by:


T Farazmand
Designated member

Goldhill Mill Associates LLP
Notes to the Accounts
for the period from 6 January 2017 to 31 January 2018

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is based on revenue earned from the rendering of services.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery etc	25% straight line

2	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	Additions			3,872
	At 31 January 2018			3,872

	Depreciation
	Charge for the period			674
	At 31 January 2018			674

	Net book value
	At 31 January 2018			3,198


3	Debtors		2018
£

	Trade debtors		21,000
	Other debtors		5,556
			26,556


4	Creditors: amounts falling due within one year		2018
£

	Trade creditors		4,500
	Other taxes and social security costs		9,458
	Other creditors		770
			14,728


5	Loans and other debts due to members		2018
£

	Loans from members		9,721
	Amounts due to members in respect of profits		79,548
			89,269

	Amounts falling due within one year		89,269

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


6	Other information

	Goldhill Mill Associates LLP is a limited liability partnership incorporated in England. Its registered office is:

	Goldhill Mill
	Three Elm Lane
	Golden Green
	Tonbridge
	TN11 0BA