Wichert Associates Wealth Management LLP - Accounts to registrar (filleted) - small 18.2

Wichert Associates Wealth Management LLP - Accounts to registrar (filleted) - small 18.2

WICHERT ASSOCIATES WEALTH MANAGEMENT LLP - Company Information

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REGISTERED NUMBER: OC412604 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Wichert Associates Wealth Management LLP
Wichert Associates Wealth Management LLP (Registered number: OC412604)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wichert Associates Wealth Management LLP

General Information
for the Year Ended 31 March 2018







DESIGNATED MEMBERS: I A Jones
A Hopkins





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Wingrave
Aylesbury
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: OC412604 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW
Page 1
Wichert Associates Wealth Management LLP (Registered number: OC412604)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,961 -

CURRENT ASSETS
Debtors 5 35,168 -
Cash at bank 385,095 -
420,263 -
CREDITORS
Amounts falling due within one year 6 162,370 -
NET CURRENT ASSETS 257,893 -
TOTAL ASSETS LESS CURRENT
LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
305,854
-

LOANS AND OTHER DEBTS DUE TO
MEMBERS
7
305,854
-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 305,854 -

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 notes form part of these financial statements

Page 2 continued...
Wichert Associates Wealth Management LLP (Registered number: OC412604)

Balance Sheet - continued
31 March 2018


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 21 August 2018 and were signed
by:





I A Jones - Designated member

The notes form part of these financial statements

Page 3
Wichert Associates Wealth Management LLP (Registered number: OC412604)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Wichert Associates Wealth Management 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 10% reducing balance
Plant and machinery - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33.33% straight line

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2017 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
Additions 17,621 1,440 24,542
At 31 March 2018 17,621 1,440 24,542
DEPRECIATION
Charge for year 1,762 360 6,135
At 31 March 2018 1,762 360 6,135
NET BOOK VALUE
At 31 March 2018 15,859 1,080 18,407

Page 4 continued...
Wichert Associates Wealth Management LLP (Registered number: OC412604)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 14,271 2,854 60,728
At 31 March 2018 14,271 2,854 60,728
DEPRECIATION
Charge for year 3,568 942 12,767
At 31 March 2018 3,568 942 12,767
NET BOOK VALUE
At 31 March 2018 10,703 1,912 47,961

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 35,168 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 1,240 -
Other creditors 161,130 -
162,370 -

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

During the year Wichert Associates Ltd provided a working capital loan to the partnership.

This will be repaid once the partnership has sufficient funds to do so without causing detriment to
ongoing business.

Page 5