Q U Productions LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC312615 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2018

for

Q U PRODUCTIONS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Designated members:

T J Driscoll

Dr G Aitken

Registered office:

Sterling House

19/23 High Street

Kidlington

Oxfordshire

OX5 2DH

Registered number:

OC312615 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Sterling House

19/23 High Street

Kidlington

Oxfordshire

OX5 2DH

Fixed assets

Tangible assets

3

14,087

6,508

Current assets

Debtors

4

-

1,309

Cash at bank

224

224

224

1,533

Creditors

Amounts falling due within one year

5

9,999

34,317

Net current liabilities

(9,775

)

(32,784

)

Total assets less current liabilities

and

Net assets/(liabilities) attributable to members

4,312

(26,276

)

Loans and other debts due to members

6

30,738

150

Members' other interests

Other reserves

(26,426

)

(26,426

)

4,312

(26,276

)

Total members' interests

Loans and other debts due to members

6

30,738

150

Members' other interests

(26,426

)

(26,426

)

4,312

(26,276

)

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 5 April 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 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 29 November 2018 and were signed by:

T J Driscoll - Designated member

1.	Statutory information

Q U Productions 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.

Plant and machinery etc

-

25% on cost

3.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 6 April 2017

24,933

Additions

10,660

At 5 April 2018

35,593

Depreciation

At 6 April 2017

18,425

Charge for year

3,081

At 5 April 2018

21,506

Net book value

At 5 April 2018

14,087

At 5 April 2017

6,508

4.

Debtors: amounts falling due within one year

5/4/18

5/4/17

£

£

Other debtors

-

1,309

Included in other debtors is an amount of £Nil (2017 - £1,309) owed by T Driscoll, who is a designated

member.

5.

Creditors: amounts falling due within one year

5/4/18

5/4/17

£

£

Trade creditors

-

(1

)

Other creditors

9,999

34,318

9,999

34,317

6.

Loans and other debts due to members

Loans and other debts due to members rank in priority to other creditors. TJ Driscoll, who is a designated

member, is owed £30,738 (2017 - £150).