Rowley Szilagy LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC363891 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Rowley Szilagy LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

P Rowley

G Szilagy

REGISTERED OFFICE:

Walker Suite 1, Centrix@

Connect BusinessVillage,

24 Derby Road

Liverpool

L5 9PR

REGISTERED NUMBER:

OC363891 (England and Wales)

ACCOUNTANTS:

Wilson Henry LLP

145 Edge Lane

Liverpool

Merseyside

L7 2PF

FIXED ASSETS

Tangible assets

4

4,895

6,527

CURRENT ASSETS

Debtors

5

15,660

31,136

Cash at bank

39,452

30,211

55,112

61,347

CREDITORS

Amounts falling due within one year

6

12,921

35,768

NET CURRENT ASSETS

42,191

25,579

TOTAL ASSETS LESS CURRENT LIABILITIES

47,086

32,106

CREDITORS

Amounts falling due after more than one year

7

2,000

2,000

NET ASSETS ATTRIBUTABLE TO MEMBERS

45,086

30,106

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

45,086

30,106

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

45,086

30,106

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 2017.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP on 20 December 2017 and were signed by:

P Rowley - Designated member

1.	STATUTORY INFORMATION

Rowley Szilagy 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 represents net invoiced provision of surveying services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2016

and 31 March 2017

22,396

DEPRECIATION

At 1 April 2016

15,869

Charge for year

1,632

At 31 March 2017

17,501

NET BOOK VALUE

At 31 March 2017

4,895

At 31 March 2016

6,527

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

15,660

31,136

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

2,231

5,524

Taxation and social security

7,640

24,066

Other creditors

3,050

6,178

12,921

35,768

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Partners capital introduced

2,000

2,000

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2017

2016

£

£

Amounts owed to members in respect of profits

45,086

30,106

Falling due within one year

45,086

30,106

Amounts above are owed to members in respect of profits.