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Year Ended
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Financial Statements
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Contents
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Page
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Designated Members and Professional Advisers
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1
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Statement of Financial Position
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2
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Reconciliation of Members' Interests
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4
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Notes to the Financial Statements
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6
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Designated Members and Professional Advisers
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Designated Members
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Registered Office
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Accountants
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Accountants
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4th Floor
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100 Fenchurch Street
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London
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EC3M 5JD
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Statement of Financial Position
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2017
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2016
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Note
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£
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£
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£
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Tangible assets
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5
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Debtors
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6
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Cash at bank and in hand
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--------
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---------
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Creditors: Amounts Falling due Within One Year
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7
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--------
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---------
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Net Current Assets
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--------
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---------
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Total Assets Less Current Liabilities
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--------
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Net Assets
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--------
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Other amounts
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8
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74,467
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156,854
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--------
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---------
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Other reserves
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–
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–
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--------
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---------
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74,467
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156,854
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--------
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Loans and other debts due to members
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8
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74,467
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156,854
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Members' other interests
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–
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–
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--------
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---------
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74,467
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156,854
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--------
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Statement of Financial Position (continued)
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Reconciliation of Members' Interests
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Members' other interests
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Loans and other debts due to members less any amounts due from members in debtors
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Total members' interests
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Other reserves
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Total
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Other amounts
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Total
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Total 2017
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£
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£
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£
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£
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£
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Balance at 1st April 2016
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–
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–
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119,456
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119,456
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119,456
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Profit for the financial year available for discretionary division among members
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189,256
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189,256
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189,256
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---------
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---------
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Members' interests after profit for the year
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189,256
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189,256
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119,456
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119,456
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308,712
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Other division of profits
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(189,256)
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(189,256)
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189,256
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189,256
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–
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Drawings
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(234,245)
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(234,245)
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(234,245)
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---------
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Balance at 31st March 2017
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–
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–
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74,467
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74,467
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74,467
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---------
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---------
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Reconciliation of Members' Interests (continued)
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Members' other interests
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Loans and other debts due to members less any amounts due from members in debtors
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Total members' interests
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Other reserves
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Total
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Other amounts
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Total
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Total 2016
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£
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£
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£
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£
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£
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Balance at 1st April 2015
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–
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–
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101,577
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101,577
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101,577
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Profit for the financial year available for discretionary division among members
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192,800
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192,800
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192,800
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---------
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Members' interests after profit for the year
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192,800
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192,800
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101,577
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101,577
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294,377
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Other division of profits
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(230,198)
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(230,198)
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230,198
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230,198
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–
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Drawings
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(174,921)
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(174,921)
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(174,921)
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---------
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Balance at 31st March 2016
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(37,398)
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(37,398)
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156,854
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156,854
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119,456
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---------
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Notes to the Financial Statements
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1.
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General Information
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2.
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Statement of Compliance
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3.
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Accounting Policies
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Fixtures and fittings
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-
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4.
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Employee Numbers
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5.
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Tangible Assets
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Fixtures and fittings
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Total
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£
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£
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Cost
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At 1st April 2016 and 31st March 2017
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-------
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-------
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Depreciation
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At 1st April 2016
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Charge for the year
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-------
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-------
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At 31st March 2017
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-------
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-------
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Carrying amount
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At 31st March 2017
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-------
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-------
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At 31st March 2016
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-------
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-------
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6.
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Debtors
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2017
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2016
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£
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£
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Trade debtors
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Other debtors
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--------
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--------
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--------
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--------
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2017
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2016
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£
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£
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Other creditors
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-------
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-------
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8.
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Loans and Other Debts due to Members
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2017
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2016
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£
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£
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Amounts owed to members in respect of profits
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74,467
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156,854
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--------
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---------
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9.
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Transition to FRS 102
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