Robert W Dyson LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC372987 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2019

FOR

ROBERT W DYSON LLP

Page

General Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DESIGNATED MEMBERS:

R W Dyson

Mrs J Dyson

Miss R Dyson

Miss C Dyson

REGISTERED OFFICE:

c/o Malcolm J Harris Limited

16 George Steet

Alderley Edge

Cheshire

SK9 7EJ

REGISTERED NUMBER:

OC372987 (England and Wales)

FIXED ASSETS

Tangible assets

3

34,000

40,000

CURRENT ASSETS

Debtors

4

41,305

45,960

Cash at bank

120,625

106,560

161,930

152,520

CREDITORS

Amounts falling due within one year

5

12,787

39,906

NET CURRENT ASSETS

149,143

112,614

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

183,143

152,614

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

153,143

122,614

MEMBERS' OTHER INTERESTS

Revaluation reserve

7

30,000

30,000

183,143

152,614

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

153,143

122,614

Members' other interests

30,000

30,000

183,143

152,614

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 31st 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 17th December 2019 and were signed by:

R W Dyson - Designated member

Mrs J Dyson - Designated member

1.	STATUTORY INFORMATION

Robert W Dyson 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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

33% on cost

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.

3.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST OR VALUATION

At 1st April 2018

121,337

Revaluations

4,000

At 31st March 2019

125,337

DEPRECIATION

At 1st April 2018

81,337

Charge for year

10,000

At 31st March 2019

91,337

NET BOOK VALUE

At 31st March 2019

34,000

At 31st March 2018

40,000

Cost or valuation at 31st March 2019 is represented by:

Motor

vehicles

£

Valuation in 2016

30,000

Valuation in 2019

4,000

Cost

91,337

125,337

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

At 1st April 2018

33,337

Transfer to ownership

(33,337

)

At 31st March 2019

-

DEPRECIATION

At 1st April 2018

23,337

Transfer to ownership

(23,337

)

At 31st March 2019

-

NET BOOK VALUE

At 31st March 2019

-

At 31st March 2018

10,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

-

21,090

Prepayments and accrued income

41,305

24,870

41,305

45,960

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Hire purchase contracts

-

14,178

VAT

10,898

5,320

Other creditors

1,889

-

Accrued expenses

-

20,408

12,787

39,906

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The members will not draw the amounts due unless all other liabilities have been settled.

7.

RESERVES

Revaluation

reserve

£

At 1st April 2018

and 31st March 2019

30,000