|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report of the Members and |
|
Unaudited Financial Statements for the Year Ended 30 April 2017 |
|
for |
|
The Bennett Foster Partnership LLP |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report of the Members and |
|
Unaudited Financial Statements for the Year Ended 30 April 2017 |
|
for |
|
The Bennett Foster Partnership LLP |
The Bennett Foster Partnership LLP (Registered number: OC384814) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 April 2017 |
|
|
|
|
Page |
|
General Information | 1 |
|
Report of the Members | 2 |
|
Income Statement | 3 |
|
Balance Sheet | 4 |
|
Notes to the Financial Statements | 5 |
|
The Bennett Foster Partnership LLP |
|
General Information |
for the Year Ended 30 April 2017 |
|
|
|
|
|
|
|
DESIGNATED MEMBERS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
16-18 Station Road |
Chapeltown |
Sheffield |
South Yorkshire |
S35 2XH |
The Bennett Foster Partnership LLP (Registered number: OC384814) |
|
Report of the Members |
for the Year Ended 30 April 2017 |
|
The members present their report with the financial statements of the LLP for the year ended 30 April 2017. |
|
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of Interior Designer & Project Management. |
|
DESIGNATED MEMBERS |
The designated members during the year under review were: |
|
|
|
|
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £442,612 (2016 - £365,761 profit). |
|
MEMBERS' INTERESTS |
There have been no movements in members interest, repayment of capital or transfers during the period. |
|
ON BEHALF OF THE MEMBERS: |
|
|
|
|
|
|
|
|
|
The Bennett Foster Partnership LLP (Registered number: OC384814) |
|
Income Statement |
for the Year Ended 30 April 2017 |
|
2017 | 2016 |
Notes | £ | £ |
|
TURNOVER |
|
|
|
Cost of sales |
|
|
GROSS PROFIT |
|
|
|
Administrative expenses |
|
|
OPERATING PROFIT | 4 |
|
|
|
Interest receivable and similar income |
|
|
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
442,612 |
365,761 |
|
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
442,612 |
365,761 |
|
Members' remuneration charged as an
expense |
5 |
(48,724 |
) |
(51,555 |
) |
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
|
|
The Bennett Foster Partnership LLP (Registered number: OC384814) |
|
Balance Sheet |
30 April 2017 |
|
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
|
|
|
CURRENT ASSETS |
Debtors | 7 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 8 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
and |
NET ASSETS ATTRIBUTABLE TO
MEMBERS |
111,660 |
101,550 |
|
LOANS AND OTHER DEBTS DUE TO
MEMBERS |
9 |
111,660 |
101,550 |
|
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 9 | 111,660 | 101,550 |
|
|
|
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 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. |
|
|
|
The financial statements were approved by the members of the LLP on
|
|
|
|
|
|
|
The Bennett Foster Partnership LLP (Registered number: OC384814) |
|
Notes to the Financial Statements |
for the Year Ended 30 April 2017 |
|
1. | STATUTORY INFORMATION |
|
The Bennett Foster Partnership LLP is registered in England and Wales. The LLP's registered number and |
registered office address can be found on the General Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Plant and machinery | - |
|
Fixtures and fittings | - |
|
Computer equipment | - |
|
|
3. | EMPLOYEE INFORMATION |
|
The average number of employees during the year was
|
|
4. | OPERATING PROFIT |
|
The operating profit is stated after charging: |
|
2017 | 2016 |
£ | £ |
Depreciation - owned assets |
|
|
|
5. | INFORMATION IN RELATION TO MEMBERS |
2017 | 2016 |
£ | £ |
Members' remuneration charged as an expense |
Other payments | 48,724 | 51,555 |
The Bennett Foster Partnership LLP (Registered number: OC384814) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2017 |
|
6. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 May 2016 |
|
|
|
|
Additions |
|
|
|
|
At 30 April 2017 |
|
|
|
|
DEPRECIATION |
At 1 May 2016 |
|
|
|
|
Charge for year |
|
|
|
|
At 30 April 2017 |
|
|
|
|
NET BOOK VALUE |
At 30 April 2017 |
|
|
|
|
At 30 April 2016 |
|
|
|
|
|
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2017 | 2016 |
£ | £ |
Amounts owed to members in respect of profits | 111,660 | 101,550 |
|
Falling due within one year | 111,660 | 101,550 |