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FOR THE YEAR ENDED
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FINANCIAL STATEMENTS
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Contents
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Pages
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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 to 3
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Reconciliation of members' interests
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4 to 5
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Notes to the financial statements
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6 to 8
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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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Chartered Accountants
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Lynton House
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7-12 Tavistock Square
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London
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WC1H 9BQ
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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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£
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Stocks
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Debtors
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4
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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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5
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(
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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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Creditors: amounts falling due after more than one year
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6
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(
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–
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------------
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Net assets
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Other amounts
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–
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–
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Members' capital classified as equity
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1,200,000
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1,200,000
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Other reserves
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–
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–
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------------
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1,200,000
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1,200,000
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Amounts due from members
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(7,777)
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(6,128)
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Loans and other debts due to members
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–
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–
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Members' other interests
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1,200,000
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1,200,000
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------------
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1,192,223
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1,193,872
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STATEMENT OF FINANCIAL POSITION (continued)
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Designated Member
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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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Members' capital (classified as equity)
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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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£
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Balance at 6 April 2016
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1,200,000
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–
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1,200,000
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(6,128)
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(6,128)
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1,193,872
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Loss for the financial year available for discretionary division among members
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(1,649)
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(1,649)
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(1,649)
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------------
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-------
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------------
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-------
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-------
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Members' interests after loss for the year
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1,200,000
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(1,649)
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1,198,351
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(6,128)
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(6,128)
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1,192,223
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Other division of profits
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1,649
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1,649
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(1,649)
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(1,649)
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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 5 April 2017
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1,200,000
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–
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1,200,000
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(7,777)
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(7,777)
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1,192,223
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------------
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-------
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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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Members' capital (classified as equity)
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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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£
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Balance at 6 April 2015
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1,200,000
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–
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1,200,000
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(3,145)
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(3,145)
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1,196,855
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Loss for the financial year available for discretionary division among members
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(2,983)
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(2,983)
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(2,983)
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------------
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-------
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-------
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-------
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Members' interests after loss for the year
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1,200,000
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(2,983)
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1,197,017
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(3,145)
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(3,145)
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1,193,872
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Other division of profits
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2,983
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2,983
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(2,983)
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(2,983)
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–
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------------
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------------
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Balance at 5 April 2016
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1,200,000
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–
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1,200,000
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(6,128)
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(6,128)
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1,193,872
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------------
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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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NOTES TO THE FINANCIAL STATEMENTS (continued)
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4.
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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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Other debtors
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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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2017
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2016
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£
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£
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Bank loans and overdrafts
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–
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---------
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----
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7.
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Controlling party
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8.
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Transition to FRS 102
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