Registered No. OC417099 (England and Wales)
Duncan Bailey Kennedy LLP
Unaudited accounts
for the year ended 31 March 2023
Duncan Bailey Kennedy LLP
LLP Information
for the year ended 31 March 2023
Designated members
Mr Adrian Peter Dolan
Registered Number
OC417099 (England and Wales)
Registered Office
Duncan Bailey Kennedy
The Mews 20 Amersham Hill
High Wycombe
Buckinghamshire
HP13 6NZ
England
Accountants
Blue Cube Accountants Limited
Britwell Grange
Britwell Road
Burnham
SL1 8DF
Duncan Bailey Kennedy LLP
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
89,233
55,805
Creditors: amounts falling due within one year
(94,122)
(51,722)
Net current assets
103,551
129,646
Net assets attributable to members
106,389
130,298
Other reserves
106,389
130,298
Members' other interests
106,389
130,298
For the year ending 31 March 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 6 November 2023.
Mr Adrian Peter Dolan
Designated member
Limited Liability Partnership Registration No. OC417099
Duncan Bailey Kennedy LLP
Notes to the Accounts
for the year ended 31 March 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% straight line
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Duncan Bailey Kennedy LLP is a limited liability partnership, incorporated in England and Wales, registration number OC417099. Its registered office is Duncan Bailey Kennedy, The Mews 20 Amersham Hill, High Wycombe, Buckinghamshire, HP13 6NZ, England.
3
Tangible fixed assets
Computer equipment
Duncan Bailey Kennedy LLP
Notes to the Accounts
for the year ended 31 March 2023
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
21,600
22,070
Taxes and social security costs
66,235
24,348
Other creditors
1,212
1,234
5
Operating lease commitments
2023
2022
Total commitments under non-cancellable operating leases are as follows:
Operating leases expiring:
Within one year
20,838
16,061
6
Average number of employees
During the year the average number of employees was 8 (2022: 9).