ROI Projects LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC329834 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

ROI PROJECTS LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Mr D Rivers

Mrs A J Rivers

Mr C J H Rivers

REGISTERED OFFICE:

Chequers Barn

Chequers Hill

Bough Beech

Edenbridge

Kent

TN8 7PD

REGISTERED NUMBER:

OC329834 (England and Wales)

ACCOUNTANTS:

Wells Associates

10 Lonsdale Gardens

Tunbridge Wells

Kent

TN1 1NU

FIXED ASSETS

Tangible assets

3

1,733

2,570

CURRENT ASSETS

Debtors

4

116,350

134,060

CREDITORS

Amounts falling due within one year

5

73,448

84,322

NET CURRENT ASSETS

42,902

49,738

TOTAL ASSETS LESS CURRENT LIABILITIES

44,635

52,308

CREDITORS

Amounts falling due after more than one year

6

32,237

32,237

NET ASSETS ATTRIBUTABLE TO MEMBERS

12,398

20,071

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

12,398

20,071

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

12,398

20,071

Amounts due from members

4

(28,197

)

(55,614

)

(15,799

)

(35,543

)

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 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 13 November 2018 and were signed by:

Mr D Rivers - Designated member

1.	STATUTORY INFORMATION

ROI Projects 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on cost

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.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2017

and 31 March 2018

585

5,000

10,966

16,551

DEPRECIATION

At 1 April 2017

338

5,000

8,643

13,981

Charge for year

62

-

775

837

At 31 March 2018

400

5,000

9,418

14,818

NET BOOK VALUE

At 31 March 2018

185

-

1,548

1,733

At 31 March 2017

247

-

2,323

2,570

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

116,350

134,060

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

25,915

27,117

Trade creditors

3,896

12,194

Taxation and social security

(4,742

)

(6,214

)

Other creditors

48,379

51,225

73,448

84,322

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors

32,237

32,237

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu with unsecured creditors. Members' other interests rank

pari passu with unsecured creditors.

8.	RELATED PARTY DISCLOSURES

During the period under review the LLP was controlled by its designated members.

As at 31 March 2018, the LLP was owed £74,922 by Step Three Construction Limited, a company directed by

Mr C Rivers.

As at 31 March 2018, the LLP owed £41,382 to Amber Creative Ltd, a company directed by Mr C Rivers.

As at 31 March 2018, the LLP owed £243 to Amber Creative (GFL) Limited, a company directed by Mr C Rivers.