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REGISTERED NUMBER:
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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REGISTERED NUMBER:
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP (REGISTERED NUMBER: OC303996) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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General Information | 1 |
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Balance Sheet | 2 | to | 3 |
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Notes to the Financial Statements | 4 | to | 6 |
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP |
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GENERAL INFORMATION |
FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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DESIGNATED MEMBERS: |
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Mrs. E. Luckhurst |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
82 High Street |
Tenterden |
Kent |
TN30 6JG |
HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP (REGISTERED NUMBER: OC303996) |
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BALANCE SHEET |
28 FEBRUARY 2019 |
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2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
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CURRENT ASSETS |
Stocks |
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Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT (LIABILITIES)/ASSETS | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than
one year |
6 |
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NET ASSETS ATTRIBUTABLE TO
MEMBERS |
159,249 |
223,885 |
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LOANS AND OTHER DEBTS DUE TO
MEMBERS |
49,420 |
114,056 |
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MEMBERS' OTHER INTERESTS |
Revaluation reserve | 8 |
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159,249 | 223,885 |
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TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 49,420 | 114,056 |
Members' other interests | 109,829 | 109,829 |
159,249 | 223,885 |
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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 |
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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. |
HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP (REGISTERED NUMBER: OC303996) |
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BALANCE SHEET - continued |
28 FEBRUARY 2019 |
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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. |
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The financial statements were approved by the members of the LLP on
signed by: |
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP (REGISTERED NUMBER: OC303996) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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1. | STATUTORY INFORMATION |
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Halden Gate Limited Liability Partnership is registered in England and Wales. The LLP's registered |
number and registered office address can be found on the General Information page. |
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The presentation currency of the financial statements is the Pound Sterling (£). |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover represents consultancy fee, excluding value added tax. |
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Tangible fixed assets |
Freehold property represents property which has previously been rented out, and is therefore |
included in the accounts at market value. |
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The depreciation charge for fixtures and fittings is 20% of cost price and 33% on cost price for |
computer equipment. |
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Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
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Cost is calculated using the first-in, first-out method and includes all purchase, transport, and |
handling costs in bringing stocks to their present location and condition. |
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3. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
COST OR VALUATION |
At 1 March 2018 |
and 28 February 2019 |
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DEPRECIATION |
At 1 March 2018 |
and 28 February 2019 |
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NET BOOK VALUE |
At 28 February 2019 |
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At 28 February 2018 |
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP (REGISTERED NUMBER: OC303996) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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3. | TANGIBLE FIXED ASSETS - continued |
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Cost or valuation at 28 February 2019 is represented by: |
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Fixtures |
Freehold | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
Valuation in 2008 | 278,110 | - | - | 278,110 |
Valuation in 2011 | (256,000 | ) | - | - | (256,000 | ) |
Valuation in 2017 | 109,829 | - | - | 109,829 |
Cost | 169,606 | 8,224 | 630 | 178,460 |
301,545 | 8,224 | 630 | 310,399 |
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If freehold land and buildings had not been revalued they would have been included at the |
following historical cost: |
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2019 | 2018 |
£ | £ |
Cost | 169,606 | 169,606 |
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Value of land in freehold land and buildings | 301,545 | 301,545 |
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Freehold land and buildings were valued on an open market basis on 12 July 2016 by Lambert & Foster |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Other debtors |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Other creditors |
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6. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2019 | 2018 |
£ | £ |
Bank loans |
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Other creditors |
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7. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2019 | 2018 |
£ | £ |
Bank loans |
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HALDEN GATE LIMITED LIABILITY |
PARTNERSHIP (REGISTERED NUMBER: OC303996) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 FEBRUARY 2019 |
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8. | RESERVES |
Revaluation |
reserve |
£ |
At 1 March 2018 |
and 28 February 2019 |
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