The Worcester Family Law Practice LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC401231 (England and Wales)

Financial Statements for the Year Ended 31st August 2018

for

The Worcester Family Law Practice LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs M Hackett-Lee

Ms S I Humes

REGISTERED OFFICE:

34A Foregate Street

Worcester

Worcestershire

WR1 1EE

REGISTERED NUMBER:

OC401231 (England and Wales)

ACCOUNTANTS:

John Yelland & Company

Chartered Certified Accountants

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Tangible assets

4

1,719

4,555

CURRENT ASSETS

Debtors

51,780

55,845

Cash at bank and in hand

49,175

52,339

100,955

108,184

CREDITORS

Amounts falling due within one year

22,240

20,658

NET CURRENT ASSETS

78,715

87,526

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

80,434

92,081

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

80,434

92,081

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

80,434

92,081

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 31st August 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st August 2018 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 13th December 2018 and were signed by:

Mrs M Hackett-Lee - Designated member

Ms S I Humes - Designated member

1.	STATUTORY INFORMATION

The Worcester Family Law Practice 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.

Computer equipment

-

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.

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 6 (2017 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2017

10,105

Additions

742

At 31st August 2018

10,847

DEPRECIATION

At 1st September 2017

5,550

Charge for year

3,578

At 31st August 2018

9,128

NET BOOK VALUE

At 31st August 2018

1,719

At 31st August 2017

4,555

5.

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.

6.	ULTIMATE CONTROLLING PARTY