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REGISTERED NUMBER: 09469039















Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Phillips Kay Partnership Limited

Phillips Kay Partnership Limited (Registered number: 09469039)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Phillips Kay Partnership Limited (Registered number: 09469039)

Balance Sheet
31 MARCH 2018

31.3.18 31.3.17
Notes £    £   
CURRENT ASSETS
Debtors 4 38,993 72,218
Cash at bank 30,096 17,122
69,089 89,340
CREDITORS
Amounts falling due within one year 5 (53,348 ) (74,918 )
NET CURRENT ASSETS 15,741 14,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,741

14,422

CAPITAL AND RESERVES
Called up share capital 6 3 3
Retained earnings 7 15,738 14,419
SHAREHOLDERS' FUNDS 15,741 14,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 2 October 2018 and were signed on its
behalf by:





J M Atkinson - Director


Phillips Kay Partnership Limited (Registered number: 09469039)

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

1. STATUTORY INFORMATION

Phillips Kay Partnership Limited is a private company, limited by shares, registered in England and
Wales,
registration number 09469039. The registered office is Trojan House, 34 Arcadia Avenue, London N3
2JU.

The presentation currency of the financial statements is the Pound Sterling (£).

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 Companies Act 2006. 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.

Financial instruments
The company has entered into basic financial instruments and transactions that result in the
recognition of financial assets and liabilities like other debtors, creditors and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each
reporting period for objective evidence of impairment. If objective evidence of impairment is fund, an
impairment loss is recognised in the profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss
Account, except to the extent that it relates to items recognised in other comprehensive income or
directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 29,686 63,399
Other debtors 9,307 8,819
38,993 72,218

Phillips Kay Partnership Limited (Registered number: 09469039)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 30,139 14,970
Taxation and social security 312 3,853
Other creditors 22,897 56,095
53,348 74,918

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
3 Ordinary shares 1 3 3

7. RESERVES
Retained
earnings
£   

At 1 April 2017 14,419
Profit for the year 1,319
At 31 March 2018 15,738

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2018 and
31 March 2017:

31.3.18 31.3.17
£    £   
J M Atkinson
Balance outstanding at start of year 1 1
Amounts advanced - 11,029
Amounts repaid - (11,029 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1 1

Ms J R Bremner
Balance outstanding at start of year 1 1
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1 1

Phillips Kay Partnership Limited (Registered number: 09469039)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

M E Rogers
Balance outstanding at start of year 1 1
Amounts repaid (5,033 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,032 ) 1