1 April 2022 v2024.3.1 llp_micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBPOC3736672022-04-012023-03-31OC3736672023-03-31OC3736672021-04-012022-03-31OC3736672022-03-31OC373667core:WithinOneYear2023-03-31OC373667core:WithinOneYear2022-03-31OC373667bus:RegisteredOffice2022-04-012023-03-31OC373667bus:PartnerLLP12022-04-012023-03-31OC37366712022-04-012023-03-31OC373667countries:EnglandWales2022-04-012023-03-31OC373667bus:AuditExemptWithAccountantsReport2022-04-012023-03-31OC373667bus:LimitedLiabilityPartnershipLLP2022-04-012023-03-31OC373667bus:Micro-entities2022-04-012023-03-31OC373667bus:FullAccounts2022-04-012023-03-31OC373667bus:Director12022-04-012023-03-31
Registered number:
OC373667
DP Gears LLP
Unaudited Financial Statements for the year ended
31 March 2023
DP Gears LLP
Income Statement
Year ended
31 March 2023
20232022
££
Turnover
599,004
 
890,092
 
Other income
70
 
7,968
 
599,074   898,060  
   
Cost of raw materials and consumables
(163,869
)
(193,243
)
Staff costs
(326,878
)
(281,011
)
Depreciation and other amounts written off assets
(17,473
)
(26,433
)
Other charges
(104,338
)
(122,255
)
(Loss)/profit for the financial year before members' remuneration and profit shares
(13,484
)
275,118
 
DP Gears LLP
Statement of Financial Position
31 March 2023
20232022
££
Fixed assets
63,894
 
121,156
 
   
Current assets
61,555
 
545,867
 
Creditors: amounts falling due within one year
(133,775
)
(384,034
)
Net current (liabilities) assets
(72,220
)
161,833
 
Total assets less current liabilities
(8,326
)
282,989
 
Accruals and deferred income
(5,158
)
(6,871
)
Net (liabilities) assets
(13,484
)
276,118
 
   
Loans and other debts due to members (1,000 ) -  
Members' other interests
(12,484
)
276,118
 
(13,484 ) 276,118  

Notes to the Financial Statements

1 General information

The LLP is registered in England and Wales. The address of the registered office is
90 Beeches Road
,
Rowley Regis
,
West Midlands
,
B65 0AT
, United Kingdom.

2 Average number of employees

The average number of persons employed by the LLP during the year was
2
(2022:
7.00
).
For the year ending
31 March 2023
, the LLP was 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) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the
members
and authorised for issue on
27 January 2024
, and are signed on behalf of the board by:
Mr P Ware
Designated Member
Registered number:
OC373667