REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 MARCH 2019 |
|
FOR |
|
BTVK ADVISORY (DUBAI) LLP |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 MARCH 2019 |
|
FOR |
|
BTVK ADVISORY (DUBAI) LLP |
BTVK ADVISORY (DUBAI) LLP (REGISTERED NUMBER: OC393912) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
|
|
|
|
|
|
|
|
Page |
|
General Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
BTVK ADVISORY (DUBAI) LLP |
|
GENERAL INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
|
|
|
|
|
DESIGNATED MEMBERS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Suite 3, The Hamilton Centre |
Rodney Way |
Chelmsford |
Essex |
CM1 3BY |
BTVK ADVISORY (DUBAI) LLP (REGISTERED NUMBER: OC393912) |
|
BALANCE SHEET |
31 MARCH 2019 |
|
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 5 |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO
MEMBERS |
719,806 |
234,707 |
|
LOANS AND OTHER DEBTS DUE TO
MEMBERS |
7 |
719,806 |
234,707 |
|
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 719,806 | 234,707 |
|
|
|
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. |
|
|
|
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. |
|
The financial statements were approved by the members of the LLP on
by: |
|
|
|
|
|
|
BTVK ADVISORY (DUBAI) LLP (REGISTERED NUMBER: OC393912) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
1. | STATUTORY INFORMATION |
|
BTVK Advisory (Dubai) 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 represents consultancy fees chargeable for the period net of VAT, trade discounts and |
chargeable time spent on jobs not yet billed. |
|
Tangible fixed assets |
Depreciation on Fixed Assets is provided at varying rates on cost in order to write off each asset |
over its estimated useful life. |
|
Stocks |
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
|
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's |
pension scheme are charged to profit or loss in the period to which they relate. |
|
3. | EMPLOYEE INFORMATION |
|
The average number of employees during the year was
|
|
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 April 2018 |
|
Additions |
|
Impairments | (18,804 | ) |
At 31 March 2019 |
|
DEPRECIATION |
At 1 April 2018 |
|
Charge for year |
|
Impairments | ( |
) |
At 31 March 2019 |
|
NET BOOK VALUE |
At 31 March 2019 |
|
At 31 March 2018 |
|
BTVK ADVISORY (DUBAI) LLP (REGISTERED NUMBER: OC393912) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2019 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
Prepayments and accrued income |
|
|
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
|
|
Amounts owed to parent |
|
|
VAT | 1,547 | 4,772 |
Other creditors |
|
|
Accrued expenses |
|
|
|
|
|
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2019 | 2018 |
£ | £ |
Amounts owed to members in respect of profits | 719,806 | 234,707 |
|
Falling due within one year | 719,806 | 234,707 |
|
Loans and other debts due to members rank equally with debts due to unsecured creditors in the |
event of a winding up. |
|
There is no provision for specific legally enforceable protection afforded to creditors in such an |
event. There are no restrictions or limitations on the ability of the members to reduce the amount |
of ‘Members’ other interests. |