Haines Watts Scotland Audit LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SO306883 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

HAINES WATTS SCOTLAND AUDIT LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

G C Miller

F H Kerr B Com CA

REGISTERED OFFICE:

Q Court

3 Quality Street

Edinburgh

EH4 5BP

REGISTERED NUMBER:

SO306883 (Scotland)

CURRENT ASSETS

Stocks

511

-

Debtors

4

70,460

-

Cash at bank

89

-

71,060

-

CREDITORS

Amounts falling due within one year

5

31,398

-

NET CURRENT ASSETS

39,662

-

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

39,662

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

4,462

-

MEMBERS' OTHER INTERESTS

Capital accounts

35,200

-

39,662

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

4,462

-

Members' other interests

35,200

-

39,662

-

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 2021.

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 and authorised for issue on 14 December 2021 and were signed by:

F H Kerr B Com CA - Designated member

1.	STATUTORY INFORMATION

Haines Watts Scotland Audit LLP is registered in Scotland. 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 relates to fee income earned in providing audit and assurance services in the year excluding Value Added Tax.

WORK IN PROGRESS

Work in progress is valued at selling price less any provision for irrecoverable amounts at the year end.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2020 - NIL ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts recoverable on contract

59,376

-

Other debtors

11,084

-

70,460

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

5,430

-

Taxation and social security

14,906

-

Other creditors

11,062

-

31,398

-

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

These loans rank equally with Other creditors.