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REGISTERED NUMBER: OC337622 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

D C SOLICITORS LIMITED LIABILITY
PARTNERSHIP

D C SOLICITORS LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC337622)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 4


D C SOLICITORS LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC337622)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,710 11,271

CURRENT ASSETS
Debtors 6 129,139 118,361
Cash at bank 130,633 99,029
259,772 217,390
CREDITORS
Amounts falling due within one year 7 224,167 177,519
NET CURRENT ASSETS 35,605 39,871
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

40,315

51,142

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

315

11,142

MEMBERS' OTHER INTERESTS
Capital accounts 40,000 40,000
40,315 51,142

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 315 11,142
Members' other interests 40,000 40,000
Amounts due from members 6 (20,568 ) (20,713 )
19,747 30,429

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 31st March 2024.

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.

D C SOLICITORS LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC337622)

BALANCE SHEET - continued
31ST MARCH 2024


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 12th September 2024 and were signed by:





Mr L A S Dunn - Designated member

D C SOLICITORS LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC337622)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

DC Solicitors Limited Liability Partnership is registered in England and Wales. The LLP's registered number is OC337622. The registered office address and business trading address is 21 Carlton Crescent, Southampton, England SO15 2ET.

The presentation currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

All fixed assets are initially recorded at cost.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEE INFORMATION

The average number of employees during the year was 6 (2023 - 7 ) .

D C SOLICITORS LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC337622)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1st April 2023 1,472 76,690 78,162
Disposals - (21,690 ) (21,690 )
At 31st March 2024 1,472 55,000 56,472
DEPRECIATION
At 1st April 2023 790 66,101 66,891
Charge for year 102 2,647 2,749
Eliminated on disposal - (17,878 ) (17,878 )
At 31st March 2024 892 50,870 51,762
NET BOOK VALUE
At 31st March 2024 580 4,130 4,710
At 31st March 2023 682 10,589 11,271

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 54,724 95,399
Other debtors 74,415 22,962
129,139 118,361

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 110
Taxation and social security 22,872 68,574
Other creditors 201,295 108,835
224,167 177,519

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 315 11,142

Falling due within one year 315 11,142

Members' loans and other debts rank pari passu with unsecured creditors in the event of a winding up.