REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28th February 2018 |
for |
SJP Freeman Henchoz LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 28th February 2018 |
for |
SJP Freeman Henchoz LLP |
SJP Freeman Henchoz LLP (Registered number: OC404349) |
Contents of the Financial Statements |
for the Year Ended 28th February 2018 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SJP Freeman Henchoz LLP |
General Information |
for the Year Ended 28th February 2018 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Roper Yard |
Roper Road |
Canterbury |
Kent |
CT2 7EX |
SJP Freeman Henchoz LLP (Registered number: OC404349) |
Balance Sheet |
28th February 2018 |
2018 | 2017 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks | 4 |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,331,739 |
1,022,196 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
1,331,739 |
1,022,196 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 9 | 1,331,739 | 1,022,196 |
Amounts due from members | 5 | (76,835 | ) | (97,371 | ) |
1,254,904 | 924,825 |
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. |
SJP Freeman Henchoz LLP (Registered number: OC404349) |
Balance Sheet - continued |
28th February 2018 |
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 signed by: |
SJP Freeman Henchoz LLP (Registered number: OC404349) |
Notes to the Financial Statements |
for the Year Ended 28th February 2018 |
1. | STATUTORY INFORMATION |
SJP Freeman Henchoz LLP is registered in England and Wales. The LLP's registered number and |
registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
No significant judgements have had to be made by management in preparing these financial |
statements. |
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. |
Financial instruments |
The company only enters into basic financial instruments that result in the recognition of financial |
assets and liabilities like trade and other accounts receivable and payable, loan from banks and other |
third parties and loans to related parties. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2017 - NIL). |
4. | STOCKS |
2018 | 2017 |
£ | £ |
Stocks |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Amounts owed by participating interests | 292 | - |
Other debtors |
SJP Freeman Henchoz LLP (Registered number: OC404349) |
Notes to the Financial Statements - continued |
for the Year Ended 28th February 2018 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans (see note 8) |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst |
Bank loans more 5 yrs non-inst | 232,693 | - |
8. | LOANS |
An analysis of the maturity of loans is given below: |
2018 | 2017 |
£ | £ |
Amounts falling due within one year or on demand: |
Loans |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst | 466,979 | 1,152,497 |
Bank loans more 5 yrs non-inst | 232,693 | - |
699,672 | 1,152,497 |
SJP Freeman Henchoz LLP (Registered number: OC404349) |
Notes to the Financial Statements - continued |
for the Year Ended 28th February 2018 |
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2018 | 2017 |
£ | £ |
Loans from members | 1,197,651 | 1,022,196 |
Amounts owed to members in respect of profits | 134,088 | - |
1,331,739 | 1,022,196 |
Falling due within one year | 1,331,739 | 1,022,196 |
In the event of winding up, amounts in 'Loans and other debts due to members' (other than members' |
capital classified as debt) would rank equally and without preference in relation to other creditors who |
are unsecured, except where existing fixed and floating charges, in respect of the loans of £881,517 |
are registered with Companies House. |
There are no such protection afforded to creditors in such an event which is legally enforceable and |
which cannot be revoked solely by a decision of the members. |
There are no such restrictions existing on the ability of the members to reduce the amount of |
'Members' other interests'. |
10. | RELATED PARTY DISCLOSURES |
During the year the company paid for services totalling £292 on behalf of Old Weston Rd Property |
Management Ltd, this was the remaining balance as at the balance sheet data. |