IRIS Accounts Production v23.3.1.45 OC382779 designated member 30.3.22 29.3.23 29.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3827792022-03-29OC3827792023-03-29OC3827792022-03-302023-03-29OC3827792021-03-29OC3827792021-03-302022-03-29OC3827792022-03-29OC382779ns16:EnglandWales2022-03-302023-03-29OC382779ns15:PoundSterling2022-03-302023-03-29OC382779ns11:Director12022-03-302023-03-29OC382779ns11:LimitedLiabilityPartnershipLLP2022-03-302023-03-29OC382779ns11:SmallEntities2022-03-302023-03-29OC382779ns11:AuditExempt-NoAccountantsReport2022-03-302023-03-29OC382779ns11:SmallCompaniesRegimeForAccounts2022-03-302023-03-29OC382779ns11:LimitedLiabilityPartnershipsSORP2022-03-302023-03-29OC382779ns11:FullAccounts2022-03-302023-03-29OC382779ns11:Director22022-03-302023-03-29OC382779ns11:Director42022-03-302023-03-29OC382779ns11:RegisteredOffice2022-03-302023-03-29OC382779ns6:CurrentFinancialInstruments2023-03-29OC382779ns6:CurrentFinancialInstruments2022-03-29OC382779ns6:Non-currentFinancialInstruments2023-03-29OC382779ns6:Non-currentFinancialInstruments2022-03-29OC382779ns6:PlantMachinery2022-03-302023-03-29OC382779ns6:FurnitureFittings2022-03-302023-03-29OC382779ns6:MotorVehicles2022-03-302023-03-29OC382779ns6:ComputerEquipment2022-03-302023-03-29OC382779ns6:LandBuildings2022-03-29OC382779ns6:PlantMachinery2022-03-29OC382779ns6:FurnitureFittings2022-03-29OC382779ns6:LandBuildings2022-03-302023-03-29OC382779ns6:LandBuildings2023-03-29OC382779ns6:PlantMachinery2023-03-29OC382779ns6:FurnitureFittings2023-03-29OC382779ns6:LandBuildings2022-03-29OC382779ns6:PlantMachinery2022-03-29OC382779ns6:FurnitureFittings2022-03-29OC382779ns6:MotorVehicles2022-03-29OC382779ns6:ComputerEquipment2022-03-29OC382779ns6:MotorVehicles2023-03-29OC382779ns6:ComputerEquipment2023-03-29OC382779ns6:MotorVehicles2022-03-29OC382779ns6:ComputerEquipment2022-03-29OC382779ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-03-302023-03-29OC382779ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2023-03-29OC382779ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-29OC382779ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-29
REGISTERED NUMBER: OC382779 (England and Wales)














Financial Statements for the Year Ended 29 March 2023

for

Direct School Uniform LLP

Direct School Uniform LLP (Registered number: OC382779)






Contents of the Financial Statements
for the Year Ended 29 March 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Direct School Uniform LLP

General Information
for the Year Ended 29 March 2023







DESIGNATED MEMBERS: Mr A M Gani
Mr M S Gani
Mr A K Gani





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: OC382779 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Direct School Uniform LLP (Registered number: OC382779)

Balance Sheet
29 March 2023

29.3.23 29.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 188,419 124,652

CURRENT ASSETS
Debtors 5 49,911 44,610
Cash at bank 8,653 11,227
58,564 55,837
CREDITORS
Amounts falling due within one year 6 63,499 47,912
NET CURRENT (LIABILITIES)/ASSETS (4,935 ) 7,925
TOTAL ASSETS LESS CURRENT LIABILITIES 183,484 132,577

CREDITORS
Amounts falling due after more than one year 7 103,769 32,387
NET ASSETS ATTRIBUTABLE TO MEMBERS 79,715 100,190

LOANS AND OTHER DEBTS DUE TO MEMBERS 8 79,715 100,190

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 79,715 100,190
Amounts due from members 5 - (14,936 )
79,715 85,254

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 29 March 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.

Direct School Uniform LLP (Registered number: OC382779)

Balance Sheet - continued
29 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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 and authorised for issue on 20 December 2023 and were signed by:





Mr M S Gani - Designated member

Direct School Uniform LLP (Registered number: OC382779)

Notes to the Financial Statements
for the Year Ended 29 March 2023

1. STATUTORY INFORMATION

Direct School Uniform 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2022 - 4 ) .

Direct School Uniform LLP (Registered number: OC382779)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 30 March 2022 67,755 86,159 98,333
Additions - - -
Disposals - - -
At 29 March 2023 67,755 86,159 98,333
DEPRECIATION
At 30 March 2022 2,174 64,906 70,440
Charge for year - 3,188 4,184
At 29 March 2023 2,174 68,094 74,624
NET BOOK VALUE
At 29 March 2023 65,581 18,065 23,709
At 29 March 2022 65,581 21,253 27,893

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 30 March 2022 4,774 91,275 348,296
Additions 215,452 - 215,452
Disposals (117,385 ) - (117,385 )
At 29 March 2023 102,841 91,275 446,363
DEPRECIATION
At 30 March 2022 4,774 81,350 223,644
Charge for year 24,447 2,481 34,300
At 29 March 2023 29,221 83,831 257,944
NET BOOK VALUE
At 29 March 2023 73,620 7,444 188,419
At 29 March 2022 - 9,925 124,652

Direct School Uniform LLP (Registered number: OC382779)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 98,067
At 29 March 2023 98,067
DEPRECIATION
Charge for year 24,447
At 29 March 2023 24,447
NET BOOK VALUE
At 29 March 2023 73,620

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.3.23 29.3.22
£    £   
Other debtors 49,911 44,610

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.3.23 29.3.22
£    £   
Bank loans and overdrafts 9,707 9,707
Hire purchase contracts 21,230 -
Trade creditors 32,562 38,205
63,499 47,912

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.3.23 29.3.22
£    £   
Bank loans 22,681 32,387
Hire purchase contracts 81,088 -
103,769 32,387

Direct School Uniform LLP (Registered number: OC382779)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
29.3.23 29.3.22
£    £   
Amounts owed to members in respect of profits 79,715 100,190

Falling due within one year 79,715 100,190

Loans and other debts due to members have no preferential rank in relation to other creditors.