REGISTERED NUMBER: OC309847 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2017 to 30 April 2018

for

A & DP Architecture & Design Partnership

LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

N Garside

R D Earnshaw

A Stead

REGISTERED OFFICE:

The Old Police Station

16 Bridge Lane

Holmfirth

West Yorkshire

HD9 7AN

REGISTERED NUMBER:

OC309847 (England and Wales)

FIXED ASSETS

Tangible assets

4

250,851

263,827

CURRENT ASSETS

Stocks

(1

)

-

Debtors

5

4,059

2,449

Cash at bank

76,858

64,912

80,916

67,361

CREDITORS

Amounts falling due within one year

6

131,118

98,669

NET CURRENT LIABILITIES

(50,202

)

(31,308

)

TOTAL ASSETS LESS CURRENT LIABILITIES

200,649

232,519

CREDITORS

Amounts falling due after more than one year

7

89,382

117,438

NET ASSETS ATTRIBUTABLE TO MEMBERS

111,267

115,081

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

111,267

115,081

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

111,267

115,081

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 period 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 3 January 2019 and were signed by:

R D Earnshaw - Designated member

1.	STATUTORY INFORMATION

A & DP Architecture & Design Partnership 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.

The financial statements have been prepared on the going concern basis which assumes that the partnership will

continue in operational existence for the foreseeable future.

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.

Freehold property

-

2% on reducing balance

Motor vehicles

-

25% on reducing balance

Work in progress

Work in progress is stated at the selling value, to it's stage of completion.

Members' participation rights

Profits are automatically divided as they arise on a pre-determined basis. As the LLP does not have an

unconditional right to refuse payment, the amounts arising that are due to members are in the nature of the

liabilities. They are therefore treated as an expense in the relevant year and are charged to the Profit and Loss

Account within 'Members' remuneration treated as an expense'.

All amounts due to members are classified as liabilities and are presented in the Balance Sheet within 'loans and

other debts due to members'.

Post retirement payments to former members

On retirement of a member amounts previously included within 'Loans and other debts due to members' are

transferred to creditors as 'Post retirement payments to former members'. Any surplus shown on the former

member's current account is payable as soon as is reasonably practicable as per the terms set out in the

partnership agreement. The balance of the former member's capital account after deducting any shortfall on the

current account is usually payable over five years from the date of retirement as per the terms set out in the

partnership agreement.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

vehicles

Totals

£

£

£

COST

At 1 November 2017

261,449

67,450

328,899

Disposals

-

(47,950

)

(47,950

)

At 30 April 2018

261,449

19,500

280,949

DEPRECIATION

At 1 November 2017

20,781

44,291

65,072

Charge for period

2,614

1,828

4,442

Eliminated on disposal

-

(39,416

)

(39,416

)

At 30 April 2018

23,395

6,703

30,098

NET BOOK VALUE

At 30 April 2018

238,054

12,797

250,851

At 31 October 2017

240,668

23,159

263,827

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

4,059

2,449

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

4,667

6,416

Trade creditors

1

-

Other creditors

126,450

92,253

131,118

98,669

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors

89,382

117,438

8.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Hire purchase contracts

4,667

6,416

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a

winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other

interests'.