Folium Tax Compliance LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC381539 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2018

for

Folium Tax Compliance LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Clear Associates Limited

Folium Consulting LLP

REGISTERED OFFICE:

64 Churchill Road

Langley

Slough

Berkshire

SL3 7RB

REGISTERED NUMBER:

OC381539 (England and Wales)

ACCOUNTANTS:

Folium Tax Compliance

64 Churchill Road

Langley

Slough

Berkshire

SL3 7RB

CURRENT ASSETS

Debtors

3

12,719

4,799

Cash at bank

6,729

7,993

19,448

12,792

CREDITORS

Amounts falling due within one year

4

4,426

3,323

NET CURRENT ASSETS

15,022

9,469

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

15,022

9,469

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

15,022

9,469

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

15,022

9,469

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 5 January 2019 and were signed by:

Clear Associates Limited - Designated member

1.	STATUTORY INFORMATION

Folium Tax Compliance 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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.18

5.4.17

£

£

Trade debtors

12,719

2,828

Other debtors

-

1,971

12,719

4,799

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.18

5.4.17

£

£

Trade creditors

-

1

Taxation and social security

2,512

793

Other creditors

1,914

2,529

4,426

3,323

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The amounts due to members will rank pari passu with other creditors.