Hammond Surveyors LLP - Accounts to registrar (filleted) - small 18.2

Hammond Surveyors LLP - Accounts to registrar (filleted) - small 18.2

HAMMOND SURVEYORS LLP - Company Information

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REGISTERED NUMBER: OC377397 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 August 2018

for

Hammond Surveyors LLP
Hammond Surveyors LLP (Registered number: OC377397)






Contents of the Financial Statements
for the Year Ended 31 August 2018




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Hammond Surveyors LLP

General Information
for the Year Ended 31 August 2018







DESIGNATED MEMBERS: G M Hammond
Mrs M L Hammond





REGISTERED OFFICE: Lymedale Business Centre
Hooters Hall Road
Lymedale Business Park
Newcastle under Lyme
Staffordshire
ST5 9QF





REGISTERED NUMBER: OC377397 (England and Wales)





Page 1
Hammond Surveyors LLP (Registered number: OC377397)

Statement of Financial Position
31 August 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 10,671 13,006

CURRENT ASSETS
Debtors 6 18,731 20,570
Cash at bank 97,380 47,914
116,111 68,484
CREDITORS
Amounts falling due within one year 7 24,159 17,961
NET CURRENT ASSETS 91,952 50,523
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 102,623 63,529

LOANS AND OTHER DEBTS DUE TO
MEMBERS
8
102,623
63,529

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 102,623 63,529

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 August 2018.

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 notes form part of these financial statements

Page 2 continued...
Hammond Surveyors LLP (Registered number: OC377397)

Statement of Financial Position - continued
31 August 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 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 small LLPs.

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 30 May 2019 and were signed by:





G M Hammond - Designated member

The notes form part of these financial statements

Page 3
Hammond Surveyors LLP (Registered number: OC377397)

Notes to the Financial Statements
for the Year Ended 31 August 2018

1. STATUTORY INFORMATION

Hammond Surveyors 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements cover the company as an individual entity, have been prepared under the
historical cost convention and are presented in Pounds Sterling (£) being the functional currency.

The financial statements have been prepared on the assumption that the company is able to carry on
business as a going concern, which the directors consider appropriate having regard to the company's
current and expected performance.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible
preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in
profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value
with changes recognised in profit or loss.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held
under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the
shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital
element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of
the lease.

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.

Page 4 continued...
Hammond Surveyors LLP (Registered number: OC377397)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2018

4. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2017 - 3 ).

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2017 915 31,350 7,998 40,263
Additions - - 4,217 4,217
Disposals - - (1,012 ) (1,012 )
At 31 August 2018 915 31,350 11,203 43,468
DEPRECIATION
At 1 September 2017 489 21,431 5,337 27,257
Charge for year 176 2,480 3,017 5,673
Eliminated on disposal - - (133 ) (133 )
At 31 August 2018 665 23,911 8,221 32,797
NET BOOK VALUE
At 31 August 2018 250 7,439 2,982 10,671
At 31 August 2017 426 9,919 2,661 13,006

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 10,116 13,153
Other debtors 8,615 7,417
18,731 20,570

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 5,135 7,650
Taxation and social security 15,924 7,211
Other creditors 3,100 3,100
24,159 17,961

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' (other than members' capital classified as debt) would rank below
other creditors.

Page 5