Universal Industrial Services LLP
|
Registered Number
:
OC
303128
|
For the year ended 31 March 2019
England and Wales
Report of the Members and Unaudited Financial Statements
For the year ended 31 March 2019
Universal Industrial Services LLP
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Universal Industrial Services LLP
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
81,666
-
4
81,666
-
Trade and other receivables
|
134,687
137,179
5
99,006
16,095
Cash and cash equivalents
|
236,185
150,782
Trade and other payables
:
amounts falling due within one
|
year
|
(131,658)
(218,378)
6
19,124
17,807
Net current assets
Total assets less current liabilities
|
99,473
19,124
Trade and other payables
:
amounts falling due after more
|
than one year
|
-
(31,400)
7
68,073
Net assets attributable to members
19,124
Loans and other debts due to members
|
68,073
19,124
8
Total members
'
interests
|
Loans and other debts due to members
|
68,073
19,124
8
68,073
19,124
For the year ended 31 March 2019 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
|
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 affair of the LLP as at the end of each
|
financial year and of its profit or loss for each 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
|
Liabilities Partnerships
(
Accounts and Audit
) (
Application of Companies Act
2006
)
Regulations
2008
relating to the
|
financial statements
,
so far as applicable to the LLP
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime.
|
Kevin HughesDesignated Member Director
|
These financial statements were approved by the members on 29 June 2019 and signed on their behalf by:
1 of 4
For the year ended 31 March 2019
Universal Industrial Services LLP
Notes to the Financial Statements
Statutory Information
Universal Industrial Services LLP is a limited liability partnership
,
domiciled in England and Wales
,
registration
|
number OC
303128
.
|
Holly House
73 Bonet Lane
Brinsworth
Rotherham
S60 5NF
The presentation currency is £ sterling
.
|
Basis of preparation
The report and financial statements for the year ended
31
March
2019
have been prepared under the historical cost
|
convention and in accordance with the Section
1
A of Financial Reporting Standard
102
'
The Financial Reporting
|
Standard applicable in the UK and Republic of Ireland
'
and the Statement of Recommended Practice
"
Accounting by
|
Limited Liability Partnerships
".
|
Turnover
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
|
Leasing and hire purchase commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2
.
Interest payable and similar charges
|
2019
2018
Interest payable on bank borrowing
|
811
369
3
.
Information in relation to members
|
2019
2018
Paid under employment contract
|
204,769
133,176
Non
-
discretionary division of profits
|
43,463
-
248,232
2 of 4
For the year ended 31 March 2019
Universal Industrial Services LLP
Notes to the Financial Statements Continued
4
.
Property
,
plant and equipment
|
Motor vehicles
97,877
97,877
Provision for depreciation and impairment
|
Charge for year
16,211
16,211
81,666
5
.
Trade and other receivables
|
2019
2018
137,179
134,687
6
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
11,357
-
107,688
74,200
Taxation and social security
|
53,257
13,792
Obligations under finance leases
|
10,742
-
46,691
32,309
218,378
131,658
7
.
Trade and other payables
:
amounts falling due after more than one year
|
2019
2018
The following liabilities disclosed under creditors falling due after one year are secured by the LLP
:
|
Obligations under HP
/
Financial leases
|
31,400
-
8
.
Loans and other debts due to members
|
2018
2019
68,073
19,124
68,073
19,124
3 of 4
For the year ended 31 March 2019
Universal Industrial Services LLP
Notes to the Financial Statements Continued
9
.
Related party transactions
|
The Limited Liability Partnership traded with Universal Industrial Services
(
Yorkshire
)
Limited during the year under
|
normal business terms
.
|
During the year there were costs for use of assets of £
40
,
126
(
2018 50
,
584
)
payable to Universal Services
|
(
Yorkshire
)
Limited
.
|
Included in trade creditors at the year end is an amount of £
60
,
215
(
2018
£
59
,
225
)
dur to Universal Services
|
(
Yorkshire
)
Limited
.
|
4 of 4