B R Lewis Associates Llp - Accounts to registrar (filleted) - small 18.2

B R Lewis Associates Llp - Accounts to registrar (filleted) - small 18.2

B R LEWIS ASSOCIATES LLP - Company Information

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REGISTERED NUMBER: OC353085 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

B R LEWIS ASSOCIATES LLP
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085)






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


B R LEWIS ASSOCIATES LLP

GENERAL INFORMATION
For The Year Ended 31 March 2018







DESIGNATED MEMBERS: P O Lewis
B R Lewis
S Lewis-James
R B Steinbauer-lewis





REGISTERED OFFICE: 19 Montpelier Avenue
Bexley
Kent
DA5 3AP





REGISTERED NUMBER: OC353085 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP
Page 1
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085)

BALANCE SHEET
31 March 2018

2018 2017
Notes £    £   
FIXED ASSETS
Investment property 3 2,060,000 2,040,000

CURRENT ASSETS
Debtors 4 13,222 12,594
Cash at bank 507,670 419,281
520,892 431,875
CREDITORS
Amounts falling due within one year 5 (53,656 ) (55,079 )
NET CURRENT ASSETS 467,236 376,796
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
2,527,236
2,416,796

LOANS AND OTHER DEBTS DUE TO
MEMBERS
6
2,527,236
2,416,796

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 2,527,236 2,416,796

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...
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085)

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 19 September 2018 and were signed by:




B R Lewis - Designated member




P O Lewis - Designated member


The notes form part of these financial statements

Page 3
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2018

1. STATUTORY INFORMATION

B R Lewis Associates 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2017 2,040,000
Revaluations 20,000
At 31 March 2018 2,060,000
NET BOOK VALUE
At 31 March 2018 2,060,000
At 31 March 2017 2,040,000

Fair value at 31 March 2018 is represented by:

£   
Valuation in 2016 123,239
Valuation in 2017 40,000
Valuation in 2018 20,000
Cost 1,876,761
2,060,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2018 2017
£    £   
Cost 1,876,761 1,876,761

The investment properties were valued on a fair value basis on 3 September 2018 by Mr BR Lewis .

Page 4 continued...
B R LEWIS ASSOCIATES LLP (REGISTERED NUMBER: OC353085)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2018

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 11,144 10,987
Prepayments 2,078 1,607
13,222 12,594

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 950 1,943
VAT 7,040 7,590
Other creditors 6,000 6,000
Accrued expenses 39,666 39,546
53,656 55,079

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "loans and other debts due to members" will rank equally
with unsecured creditors.

Page 5