Harvey Silver Hodgkinson LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC322433 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

Harvey Silver Hodgkinson LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr G Hodgkinson

Mr J Hall

REGISTERED OFFICE:

Westgate

44 Hale Road

Hale

Altrincham

Cheshire

WA14 2EX

REGISTERED NUMBER:

OC322433 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

75,267

43,325

CURRENT ASSETS

Debtors

5

34,611

32,246

Cash at bank

80,779

113,745

115,390

145,991

CREDITORS

Amounts falling due within one year

6

158,553

162,178

NET CURRENT LIABILITIES

(43,163

)

(16,187

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

32,104

27,138

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

32,104

27,138

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

32,104

27,138

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 30 September 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 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP on 19 May 2019 and were signed by:

Mr G Hodgkinson - Designated member

Mr J Hall - Designated member

1.	STATUTORY INFORMATION

Harvey Silver Hodgkinson 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

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. The financial statements have been prepared under the historical cost convention.

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

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Going concern

The company's financial statements for the year ended 30 September 2018 have been prepared on a going

concern basis as, after making appropriate enquiries, the members have a reasonable expectation that the LLP

has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 October 2017

126,387

78,399

204,786

Additions

38,485

6,786

45,271

At 30 September 2018

164,872

85,185

250,057

DEPRECIATION

At 1 October 2017

96,952

64,509

161,461

Charge for year

8,768

4,561

13,329

At 30 September 2018

105,720

69,070

174,790

NET BOOK VALUE

At 30 September 2018

59,152

16,115

75,267

At 30 September 2017

29,435

13,890

43,325

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

13,934

12,190

Prepayments

20,677

20,056

34,611

32,246

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

11,766

8,730

Social security and other taxes

4,264

9,851

Other creditors

139,688

140,471

Accrued expenses

2,835

3,126

158,553

162,178

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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'.

8.	RELATED PARTY DISCLOSURES

The LLP paid £58,000 (2017: £115,000) to a company in respect of contribution to overheads. The balance due

to the company as at the balance sheet date was £63,200 (2017: £30,323). One of the designated member is a

shareholder and director of the company.