Nina Murphy Associates LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC325899 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

NINA MURPHY ASSOCIATES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Ms S Macey

Dr S Kheraj

REGISTERED OFFICE:

1 Bridge Road

Haslemere

Surrey

GU27 2AS

REGISTERED NUMBER:

OC325899 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

3

3,950

790

CURRENT ASSETS

Debtors

4

70,405

90,468

Cash at bank

99,574

21,343

169,979

111,811

CREDITORS

Amounts falling due within one year

5

157,156

94,984

NET CURRENT ASSETS

12,823

16,827

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

16,773

17,617

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

16,773

17,617

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

16,773

17,617

Amounts due from members

4

(70,405

)

(15,794

)

(53,632

)

1,823

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 18 December 2018 and were signed by:

Dr S Kheraj - Designated member

1.	STATUTORY INFORMATION

Nina Murphy Associates 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

-

33% per annum on cost

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

8,002

Additions

4,198

Disposals

(4,187

)

At 31 March 2018

8,013

DEPRECIATION

At 1 April 2017

7,212

Charge for year

1,038

Eliminated on disposal

(4,187

)

At 31 March 2018

4,063

NET BOOK VALUE

At 31 March 2018

3,950

At 31 March 2017

790

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

74,674

Other debtors

70,405

15,794

70,405

90,468

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

50,589

39,844

Other creditors

106,567

55,140

157,156

94,984

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts owed to third parties rank in priority to loans and other debts due to members.