A & M Architectural Partnership LLP - Accounts to registrar

REGISTERED NUMBER: OC335520 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

A & M ARCHITECTURAL PARTNERSHIP LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

6

DESIGNATED MEMBERS:

G Lea

T Foster

A & M Assets LLP

REGISTERED OFFICE:

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

REGISTERED NUMBER:

OC335520 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

FIXED ASSETS

Tangible assets

4

21,648

34,825

CURRENT ASSETS

Debtors

5

480,523

536,347

Cash at bank and in hand

223,963

87,616

704,486

623,963

CREDITORS

Amounts falling due within one year

6

490,262

663,728

NET CURRENT ASSETS/(LIABILITIES)

214,224

(39,765

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS/(LIABILITIES)
ATTRIBUTABLE TO MEMBERS

235,872

(4,940

)

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

MEMBERS' OTHER INTERESTS

Capital accounts

235,872

(4,940

)

235,872

(4,940

)

TOTAL MEMBERS' INTERESTS

Members' other interests

235,872

(4,940

)

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 2017.

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 10 August 2017 and were signed by:

A & M Assets LLP - Designated member

1.	STATUTORY INFORMATION

A & M Architectural 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 date of transition was 1 April 2015.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts when turnover is recognised when the company receives the right to consideration.

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

-

33% on cost, 25% on reducing balance and 15% on reducing balance

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.

Capital subscription and repayments

The capital requirements of the partnership are determined from time to time by the Designated Members. No

interest is paid on capital.

Allocation of profits and drawings

The allocation of profits to those who were members during the year is made by unanimous vote of the

Designated Members.

During the year members draw sums as agreed by the Designated Members, taking into account the partnership's

cash requirements for operating and investing activities.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 12 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

131,110

Additions

1,004

At 31 March 2017

132,114

DEPRECIATION

At 1 April 2016

96,285

Charge for year

14,181

At 31 March 2017

110,466

NET BOOK VALUE

At 31 March 2017

21,648

At 31 March 2016

34,825

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade debtors

314,579

397,681

Amounts recoverable on contract

40,110

39,000

Other debtors

125,834

99,666

480,523

536,347

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Bank loans and overdrafts

-

95,554

Trade creditors

468,108

470,192

Taxation and social security

9,462

80,155

Other creditors

12,692

17,827

490,262

663,728

7.	RELATED PARTY DISCLOSURES

A&M Assets LLP is a designated member of A&M Architectural Partnership LLP. Both LLP's are controlled jointly by

Mr M Brunton and Mr K Edwards.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A&M Assets LLP, which is controlled by Mr M Brunton.

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.

In accordance with our terms of engagement we have compiled the attached financial statements from the accounting

records, information and explanations you have given to us.

The financial statements have been compiled using the going concern and historical cost basis. It is not intended to

achieve full compliance with the provisions of UK Generally Accepted Accounting Principles.

This report is made to you, in accordance with the terms of our engagement. Our work has been undertaken so that we

might compile the financial statements that we have been engaged to compile, report to you that we have done so, and

state those matters that we have agreed to state to you in this report and for no other purpose. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than the person to whom this report is

addressed for our work or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered

Accountants in England & Wales and have complied with the ethical guidance laid down by the Institute.

You have approved the financial statements for the period described above, and have acknowledged your responsibility

for them, for the appropriateness of the accounting basis and for providing all information and explanations necessary for

their compilation.

We have not verified the accuracy or completeness of the accounting records or information and explanations you have

given to us and we do not, therefore, express any opinion on the financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

10 August 2017