1 April 2023 false No description of principal activity Taxfiler 2024.5 OC417099business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC4170992023-03-31 OC4170992023-04-012024-03-31 OC417099business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 OC417099business:FullAccounts2023-04-012024-03-31 OC4170992024-03-31 OC417099business:PartnerLLP12023-04-012024-03-31 OC417099business:PartnerLLP22023-04-012024-03-31 OC417099business:RegisteredOffice2023-04-012024-03-31 OC4170992023-03-31 OC417099core:WithinOneYear2024-03-31 OC417099core:WithinOneYear2023-03-31 OC417099core:RetainedEarningsAccumulatedLosses2024-03-31 OC417099core:RetainedEarningsAccumulatedLosses2023-03-31 OC417099business:SmallEntities2023-04-012024-03-31 OC417099core:ComputerEquipment2023-04-012024-03-31 OC417099countries:EnglandWales2023-04-012024-03-31 OC417099core:ComputerEquipment2023-03-31 OC417099core:ComputerEquipment2024-03-31 OC417099core:BetweenOneFiveYears2024-03-31 OC417099core:BetweenOneFiveYears2023-03-31 OC4170992022-04-012023-03-31 iso4217:GBP xbrli:pure
Registered No. OC417099 (England and Wales)
Duncan Bailey Kennedy LLP Unaudited accounts for the year ended 31 March 2024
Duncan Bailey Kennedy LLP LLP Information for the year ended 31 March 2024
Designated members
Mr Adrian Dolan
Mr Phillip Mawby
Registered Number
OC417099 (England and Wales)
Registered Office
The Mews 20 Amersham Hill High Wycombe Buckinghamshire HP13 6NZ England
Accountants
Blue Cube Accountants Limited Britwell Grange Britwell Road Burnham SL1 8DF
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Duncan Bailey Kennedy LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,119 
2,838 
Current assets
Debtors
92,845 
108,440 
Cash at bank and in hand
130,615 
89,233 
223,460 
197,673 
Creditors: amounts falling due within one year
(119,364)
(94,122)
Net current assets
104,096 
103,551 
Net assets attributable to members
108,215 
106,389 
Represented by:
Members' other interests
Other reserves
108,215 
106,389 
108,215 
106,389 
Total members' interests
Members' other interests
108,215 
106,389 
108,215 
106,389 
For the year ending 31 March 2024 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 21 October 2024.
Mr Adrian Dolan Designated member Limited Liability Partnership Registration No. OC417099
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Duncan Bailey Kennedy LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation
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
Pension costs
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.
2
Statutory information
Duncan Bailey Kennedy LLP is a limited liability partnership, incorporated in England and Wales, registration number OC417099. Its registered office is The Mews, 20 Amersham Hill, High Wycombe, Buckinghamshire, HP13 6NZ, England.
3
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
6,250 
Additions
2,349 
At 31 March 2024
8,599 
Depreciation
At 1 April 2023
3,412 
Charge for the year
1,068 
At 31 March 2024
4,480 
Net book value
At 31 March 2024
4,119 
At 31 March 2023
2,838 
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Duncan Bailey Kennedy LLP Notes to the Accounts for the year ended 31 March 2024
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
16,420 
21,600 
Taxes and social security costs
95,941 
66,235 
Other creditors
1,253 
1,212 
Accruals
5,750 
5,075 
119,364 
94,122 
5
Operating lease commitments
2024 
2023 
£ 
£ 
Total commitments under non-cancellable operating leases are as follows:
Operating leases expiring:
Within one year
21,976 
20,838 
2 - 5 years
4,627 
25,696 
26,603 
46,534 
6
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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