REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2018 |
for |
Marcusan LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2018 |
for |
Marcusan LLP |
Marcusan LLP (Registered number: OC349483) |
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 |
Marcusan LLP |
General Information |
for the Year Ended 31 March 2018 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Queens Court Business Centre |
Newport Road |
Middlesbrough |
Cleveland |
TS1 5EH |
Marcusan LLP (Registered number: OC349483) |
Balance Sheet |
31 March 2018 |
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
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 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. |
Marcusan LLP (Registered number: OC349483) |
Balance Sheet - continued |
31 March 2018 |
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 |
Marcusan LLP (Registered number: OC349483) |
Notes to the Financial Statements |
for the Year Ended 31 March 2018 |
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 |
3. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 April 2017 |
and 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 31 March 2017 |
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 |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Other creditors |
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 |
Marcusan LLP (Registered number: OC349483) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
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). |