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REGISTERED NUMBER: SO301772 (Scotland)


















REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

IAIS LLP

IAIS LLP (REGISTERED NUMBER: SO301772)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


IAIS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DESIGNATED MEMBERS: F N G Singer
N D Johnstone





REGISTERED OFFICE: 211 Dumbarton Road
Glasgow
G11 6AA





REGISTERED NUMBER: SO301772 (Scotland)





ACCOUNTANTS: Independent Accountants in Scotland Limited
Level One
211 Dumbarton Road
Mansfield Park
Glasgow
G11 6AA

IAIS LLP (REGISTERED NUMBER: SO301772)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 28 FEBRUARY 2023


The members present their report with the financial statements of the LLP for the year ended 28 February 2023.

DESIGNATED MEMBERS
The designated members during the year under review were:

F N G Singer
N D Johnstone

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £NIL (2022 - £NIL profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





F N G Singer - Designated member


10 October 2023

IAIS LLP (REGISTERED NUMBER: SO301772)

INCOME STATEMENT
FOR THE YEAR ENDED 28 FEBRUARY 2023

28/2/23 28/2/22
£    £   

TURNOVER - -
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




-




-

IAIS LLP (REGISTERED NUMBER: SO301772)

BALANCE SHEET
28 FEBRUARY 2023

28/2/23 28/2/22
£    £   
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

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 28 February 2023.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 10 October 2023 and were signed by:





F N G Singer - Designated member

IAIS LLP (REGISTERED NUMBER: SO301772)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

IAIS LLP is registered in Scotland. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).