Surrey Foot and Ankle Clinic LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC319259 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2018

for

Surrey Foot and Ankle Clinic LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Matthew Solan Ltd

Anthony Sakellariou Ltd

Quickfin Ltd

REGISTERED OFFICE:

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

REGISTERED NUMBER:

OC319259 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

CURRENT ASSETS

Stocks

-

7,000

Debtors

4

63,023

79,276

Cash at bank

28,812

29,720

91,835

115,996

CREDITORS

Amounts falling due within one year

5

7,470

9,763

NET CURRENT ASSETS

84,365

106,233

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

84,365

106,233

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

84,365

106,233

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

84,365

106,233

Amounts due from members

4

(5,079

)

(1,787

)

79,286

104,446

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 14 December 2018 and were signed by:

Matthew Solan Ltd - Designated member

1.	STATUTORY INFORMATION

Surrey Foot and Ankle Clinic 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2017 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

57,944

77,489

Other debtors

5,079

1,787

63,023

79,276

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

946

-

Social security and other taxes

3,357

3,103

Net wage control account

(2,983

)

-

Accruals and deferred income

6,150

6,660

7,470

9,763

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in

the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such

an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of

‘Members’ other interests'.