Anderson Barrowcliff LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC334152 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

Anderson Barrowcliff LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs B S Blakey

D R Shawcross

D J Robertson

J Q J Bury

A Dewing

J Dale

H Wilson

REGISTERED OFFICE:

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

REGISTERED NUMBER:

OC334152 (England and Wales)

FIXED ASSETS

Tangible assets

4

93,242

88,559

CURRENT ASSETS

Debtors

5

1,132,533

1,036,747

Cash at bank and in hand

168,524

118,455

1,301,057

1,155,202

CREDITORS

Amounts falling due within one year

6

700,117

494,305

NET CURRENT ASSETS

600,940

660,897

TOTAL ASSETS LESS CURRENT LIABILITIES

694,182

749,456

CREDITORS

Amounts falling due after more than one year

7

48,254

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

645,928

749,456

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

645,928

749,456

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

645,928

749,456

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 March 2019.

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 applicable to LLPs subject to the small LLPs regime.

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 13 December 2019 and were signed by:

J Q J Bury - Designated member

D R Shawcross - Designated member

1.	STATUTORY INFORMATION

Anderson Barrowcliff LLP is registered in England and Wales. The LLP's registered number and registered

office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Short leasehold

-

over the period of the lease

Plant and machinery

-

5% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% on cost

Hire purchase and leasing commitments

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

lease.

Pensions

The limited liability partnership operates a defined contribution pension scheme. Contributions payable for the

period are charged in the profit and loss account.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 48 (2018 - 46 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2018

9,935

-

96,169

101,194

207,298

Additions

-

17,187

3,248

-

20,435

At 31 March 2019

9,935

17,187

99,417

101,194

227,733

DEPRECIATION

At 1 April 2018

662

-

35,348

82,729

118,739

Charge for year

662

286

7,516

7,288

15,752

At 31 March 2019

1,324

286

42,864

90,017

134,491

NET BOOK VALUE

At 31 March 2019

8,611

16,901

56,553

11,177

93,242

At 31 March 2018

9,273

-

60,821

18,465

88,559

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

1,045,882

983,248

Other debtors

86,651

53,499

1,132,533

1,036,747

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

358,413

291,355

Trade creditors

96,199

54,630

Taxation and social security

194,505

148,320

Other creditors

51,000

-

700,117

494,305

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Other creditors

48,254

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2019

2018

£

£

Bank overdrafts

358,413

291,355

The bank overdraft is secured by a fixed and floating charge over the assets of the Limited Liability Partnership.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank after all unsecured creditors in the event of winding up.