REGISTERED NUMBER: OC388382 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

CHANCERY FINANCIAL PLANNING LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DESIGNATED MEMBERS:

D Pelster

Mrs F Connelly

REGISTERED OFFICE:

Sicilian House

Sicilian Avenue

London

WC1A 2QR

REGISTERED NUMBER:

OC388382 (England and Wales)

ACCOUNTANTS:

Robert A. Price F. C. C. A.

39 Etchingham Park Road

Finchley

London

N3 2DU

FIXED ASSETS

Tangible assets

4

28,433

5,375

CURRENT ASSETS

Debtors

5

31,703

36,358

Cash at bank

194,843

85,668

226,546

122,026

CREDITORS

Amounts falling due within one year

6

34,379

38,741

NET CURRENT ASSETS

192,167

83,285

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

220,600

88,660

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

210,600

78,660

MEMBERS' OTHER INTERESTS

Capital accounts

10,000

10,000

220,600

88,660

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

210,600

78,660

Members' other interests

10,000

10,000

220,600

88,660

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 30 April 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 8 January 2019 and were signed by:

D Pelster - Designated member

1.	STATUTORY INFORMATION

Chancery Financial Planning 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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.

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 - 9 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2017

85,094

Additions

34,737

At 30 April 2018

119,831

DEPRECIATION

At 1 May 2017

79,719

Charge for year

11,679

At 30 April 2018

91,398

NET BOOK VALUE

At 30 April 2018

28,433

At 30 April 2017

5,375

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

21,039

23,172

Other debtors

10,664

13,186

31,703

36,358

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

19,335

23,600

Other creditors

15,044

15,141

34,379

38,741

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and Other Debts Due to Members rank for repayment after other creditors

The following reproduces the text of the report prepared for the members in respect of the LLP's annual

unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2018 set out on pages three to seven and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Robert A. Price F. C. C. A.

39 Etchingham Park Road

Finchley

London

N3 2DU

Date: .............................................