SJF Properties LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC304890 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

SJF Properties LLP

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

3

531,923

531,923

CURRENT ASSETS

Cash at bank

26,284

14,655

CREDITORS

Amounts falling due within one year

4

69,628

79,844

NET CURRENT LIABILITIES

(43,344

)

(65,189

)

TOTAL ASSETS LESS CURRENT LIABILITIES

488,579

466,734

CREDITORS

Amounts falling due after more than one year

5

76,184

104,240

NET ASSETS ATTRIBUTABLE TO MEMBERS

412,395

362,494

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

438,248

388,347

MEMBERS' OTHER INTERESTS

Capital accounts

(25,853

)

(25,853

)

412,395

362,494

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

438,248

388,347

Members' other interests

(25,853

)

(25,853

)

412,395

362,494

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 28 November 2018 and were signed by:

M G Smith - Designated member

1.	STATUTORY INFORMATION

SJF Properties LLP is registered in England and Wales. The LLP's registered number and

registered office address are as below:

Registered number:

OC304890

Registered office:

32 Carpenter Road

Edgbaston

Birmingham

B15 2JH

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

not provided

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2017

and 31 March 2018

531,923

NET BOOK VALUE

At 31 March 2018

531,923

At 31 March 2017

531,923

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

960

-

Taxation and social security

3,340

3,496

Other creditors

65,328

76,348

69,628

79,844

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Other creditors

76,184

104,240

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Other creditors will rank above loans and other debts due to members.