Marcusan LLP - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: OC349483 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Marcusan LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A M Dicken

Mrs A Dicken

REGISTERED OFFICE:

Strathmore House

12 Wellington Drive

Wynyard

Billingham

Cleveland

TS22 5QJ

REGISTERED NUMBER:

OC349483 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

Chartered Accountants

Queens Court Business Centre

Newport Road

Middlesbrough

Cleveland

TS1 5EH

FIXED ASSETS

Tangible assets

3

248,690

248,690

CURRENT ASSETS

Debtors

4

7,050

7,079

Cash at bank

450

1,119

7,500

8,198

CREDITORS

Amounts falling due within one year

5

500

500

NET CURRENT ASSETS

7,000

7,698

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

255,690

256,388

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

255,690

256,388

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

255,690

256,388

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 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP on 20 June 2018 and were signed by:

A M Dicken - Designated member

1.	STATUTORY INFORMATION

Marcusan 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.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2017

and 31 March 2018

248,690

NET BOOK VALUE

At 31 March 2018

248,690

At 31 March 2017

248,690

Included in cost of land and buildings is freehold land of £ 248,690 (2017 - £ 248,690 ) which is not depreciated.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

7,050

7,050

Other debtors

-

29

7,050

7,079

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other creditors

500

500

6.	SECURED DEBTS

The partnership have provided third party security to the Dicken Executive Pension Scheme by way of legal

charge over the property at 3 Portrack Grange Road, Stockton-on-Tees held by the partnership. The charge is

dated 14 May 2015. The loan is from the Dicken Executive Pension Scheme to Masada Developments Limited

and the balance at 31 March 18 is £74,007 (2017: £106,852).

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.18

31.3.17

£

£

Amounts owed to members in respect of profits

255,690

256,388

Falling due within one year

255,690

256,388

8.	RELATED PARTY DISCLOSURES

A M Dicken and Mrs A Dicken are directors of At Home Furnishings Outlet Limited. As at 31 March 2018 At

Home Furnishings Outlet Limited owed Marcusan LLP £7,050 (2017: £7,050).