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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31 MARCH 2017 |
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NORTHERN COUNTIES LLP |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31 MARCH 2017 |
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FOR |
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NORTHERN COUNTIES LLP |
NORTHERN COUNTIES LLP (REGISTERED NUMBER: OC340977) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 March 2017 |
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General Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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NORTHERN COUNTIES LLP |
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GENERAL INFORMATION |
for the Year Ended 31 March 2017 |
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DESIGNATED MEMBERS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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511 Durham Road |
Low Fell |
Gateshead |
Tyne and Wear |
NE9 5EY |
NORTHERN COUNTIES LLP (REGISTERED NUMBER: OC340977) |
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BALANCE SHEET |
31 March 2017 |
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31/3/17 | 31/3/16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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Investments | 5 |
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CURRENT ASSETS |
Debtors | 6 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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NET ASSETS ATTRIBUTABLE TO
MEMBERS |
2,372,446 |
2,503,715 |
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LOANS AND OTHER DEBTS DUE TO
MEMBERS |
8 |
2,372,446 |
2,503,715 |
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TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 2,372,446 | 2,503,715 |
Amounts due from members | 6 | (1,162,813 | ) | (1,249,930 | ) |
1,209,633 | 1,253,785 |
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The members acknowledge their responsibilities for: |
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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. |
NORTHERN COUNTIES LLP (REGISTERED NUMBER: OC340977) |
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BALANCE SHEET - continued |
31 March 2017 |
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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
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NORTHERN COUNTIES LLP (REGISTERED NUMBER: OC340977) |
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NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 March 2017 |
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1. | STATUTORY INFORMATION |
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Northern Counties LLP 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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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Investments in associates |
Investments in associate undertakings are recognised at cost. |
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Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
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3. | EMPLOYEE INFORMATION |
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The average number of employees during the year was
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
At 1 April 2016 |
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Additions |
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At 31 March 2017 |
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DEPRECIATION |
At 1 April 2016 |
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Charge for year |
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At 31 March 2017 |
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NET BOOK VALUE |
At 31 March 2017 |
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At 31 March 2016 |
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NORTHERN COUNTIES LLP (REGISTERED NUMBER: OC340977) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 March 2017 |
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5. | FIXED ASSET INVESTMENTS |
Interest |
in |
associate |
undertakings |
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COST |
At 1 April 2016 | 101,465 |
Additions |
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At 31 March 2017 |
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NET BOOK VALUE |
At 31 March 2017 |
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At 31 March 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/17 | 31/3/16 |
£ | £ |
Trade debtors |
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Amounts owed by participating interests | - | 4,797 |
Other debtors |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/17 | 31/3/16 |
£ | £ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
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Loans and other debts due to to members' (other than members' capital classified as debt) rank equally with other |
creditors |
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9. | RELATED PARTY DISCLOSURES |
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Mr D Belgian, Mrs C Belgian and Mr P Belgian are directors of Northern Counties Gurantee Corporation. The |
company is controlled by Mr D and Mrs C Belgian. |