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REGISTERED NUMBER: OC375287 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

SCRATTON PROPERTIES LLP

SCRATTON PROPERTIES LLP (REGISTERED NUMBER: OC375287)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SCRATTON PROPERTIES LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DESIGNATED MEMBERS: J Baldwin
Mrs P L Baldwin
Chroma Vision Limited





REGISTERED OFFICE: Acorn House
Acorn Close
Five Oak Green
TONBRIDGE
Kent
TN12 6RH





REGISTERED NUMBER: OC375287 (England and Wales)





ACCOUNTANTS: Wells Associates
10 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

SCRATTON PROPERTIES LLP (REGISTERED NUMBER: OC375287)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,030,000 1,725,591

CURRENT ASSETS
Debtors 4 3,725 2,465
Cash at bank 24,005 25,864
27,730 28,329
CREDITORS
Amounts falling due within one year 5 3,565 44,666
NET CURRENT ASSETS/(LIABILITIES) 24,165 (16,337 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,054,165

1,709,254

CREDITORS
Amounts falling due after more than one year 6 899,249 750,995
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,154,916 958,259

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

901,368

704,711

MEMBERS' OTHER INTERESTS
Revaluation reserve 9 253,548 253,548
1,154,916 958,259

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 901,368 704,711
Members' other interests 253,548 253,548
1,154,916 958,259

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 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.

SCRATTON PROPERTIES LLP (REGISTERED NUMBER: OC375287)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2018


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 18 October 2018 and were signed by:





Mrs P L Baldwin - Designated member

SCRATTON PROPERTIES LLP (REGISTERED NUMBER: OC375287)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Scratton Properties 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents invoiced rental income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

In accordance with SSAP 19 no depreciation is provided in respect of the freehold property. This departure from the
Companies Act 2006 is in the opinion of the members necessary for the financial statements to give a true and fair
view in accordance with applicable accounting standards, as the property is included in the financial statements at
its open market value.

The effect of depreciation on value is already reflected annually in the valuation of property, and the amount
attributed to this factor by the valuers cannot reasonably be separately identified or quantified. Had the provisions of
the Act been followed, net assets would not have been affected but revenue profits would have been reduced for this
and earlier years.

3. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST OR VALUATION
At 1 April 2017 1,715,150 33,000 1,748,150
Disposals - (33,000 ) (33,000 )
Revaluations 314,850 - 314,850
At 31 March 2018 2,030,000 - 2,030,000
DEPRECIATION
At 1 April 2017 - 22,559 22,559
Eliminated on disposal - (22,559 ) (22,559 )
At 31 March 2018 - - -
NET BOOK VALUE
At 31 March 2018 2,030,000 - 2,030,000
At 31 March 2017 1,715,150 10,441 1,725,591

Freehold properties were revalued on 31 March 2018 by surveyors.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 3,725 2,465

SCRATTON PROPERTIES LLP (REGISTERED NUMBER: OC375287)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts - 40,320
Trade creditors - 781
Other creditors 3,565 3,565
3,565 44,666

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Bank loans 899,249 750,995

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 899,249 589,715

7. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans 899,249 791,315

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu with unsecured creditors. Members' other interests rank
pari passu with unsecured creditors.

9. RESERVES
Revaluation
reserve
£   
At 1 April 2017
and 31 March 2018 253,548

10. RELATED PARTY DISCLOSURES

During the year under review, the LLP was controlled by its designated members.