Registered number: SO302771 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31/03/2020 | ||||||||
|
||||||||
Prepared By: | ||||||||
David Reed Associates Ltd | ||||||||
54D Frome Road | ||||||||
Bradford on Avon | ||||||||
Wiltshire | ||||||||
BA15 1LA |
|
||||||||
Sarum Partners LLP | ||||||||
|
CONTENTS | ||||||||
Page | ||||||||
Report of the Members | - | |||||||
Profit and Loss Account | - | |||||||
Balance Sheet | 3 | |||||||
Notes to the Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading and Profit and Loss Account | - | |||||||
Profit and Loss Account Summaries | - | |||||||
Capital Accounts | - | |||||||
Current Accounts | - | |||||||
|
||||||||
Sarum Partners LLP | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2020 | ||||||||
DESIGNATED MEMBERS | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
|
||||||||
Edinburgh | ||||||||
|
||||||||
COMPANY NUMBER | ||||||||
|
||||||||
ACCOUNTANTS | ||||||||
David Reed Associates Ltd | ||||||||
54D Frome Road | ||||||||
Bradford on Avon | ||||||||
Wiltshire | ||||||||
BA15 1LA |
|
||||||||
Sarum Partners LLP | ||||||||
|
BALANCE SHEET AT
|
||||||||||
2020 | 2019 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Investments | 2 | 1,500 | 1,500 | |||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 |
|
|
|||||||
Investments | 5 | 5,000 | 5,000 | |||||||
Cash at bank and in hand |
|
|
||||||||
6,303 | 123,341 | |||||||||
CREDITORS: Amounts falling due within one year |
|
|
||||||||
NET CURRENT ASSETS |
|
4,503 | ||||||||
NET ASSETS ATTRIBUTABLE TO MEMBERS | 4,178 | 6,003 | ||||||||
LOANS AND OTHER DEBTS DUE TO MEMBERS | 20,424 | 22,248 | ||||||||
MEMBERS ' OTHER INTERESTS | ||||||||||
Capital accounts | 104,633 | 104,634 | ||||||||
125,057 | 126,882 | |||||||||
TOTAL MEMBERS' INTERESTS | ||||||||||
Loans and other debts due to members | 20,424 | 22,248 | ||||||||
Members' other interests | 104,633 | 104,634 | ||||||||
125,057 | 126,882 | |||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Approved by the members on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Designated Member | ||||||||||
|
||||||||
Sarum Partners LLP | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2020 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. |
1b. Foreign Currency | ||||||||
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. |
1c. Turnover | ||||||||
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract, the stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
1d. Investments | ||||||||
Investments in subsidiaries, associated and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
||||||||
Sarum Partners LLP | ||||||||
|
2. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/04/2019 | 1,500 | 1,500 | |||||||
At 31/03/2020 | 1,500 | 1,500 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/03/2020 | 1,500 | 1,500 | |||||||
At 31/03/2019 | 1,500 | 1,500 | |||||||
3. DEBTORS | 2020 | 2019 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | - | 6,000 | ||||||
VAT | - | 87 | ||||||
Other Debtors | 1,260 | 108,850 | ||||||
1,260 | 114,937 | |||||||
4. EMPLOYEES | ||||||
2020 | 2019 | |||||
No. | No. | |||||
Average number of employees |
|
- | ||||
|
||||||||
Sarum Partners LLP | ||||||||
|
5. CURRENT ASSET INVESTMENTS | ||||||||
2020 | 2019 | |||||||
£ | £ | |||||||
Unlisted investments - Other Deposits | 5,000 | 5,000 | ||||||
|
|
|||||||
6. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||