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REGISTERED NUMBER: OC381626 (England and Wales)
















Robert Dye Architects LLP

Unaudited Financial Statements

for the Year Ended 31st March 2024






Robert Dye Architects LLP (Registered number: OC381626)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Robert Dye Architects LLP

General Information
for the Year Ended 31st March 2024







Designated members: Mr. R J Dye
Dye-Montefiore Limited





Registered office: 4 Ella Mews
Cressy Road
London
NW3 2NH





Registered number: OC381626 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Robert Dye Architects LLP (Registered number: OC381626)

Statement of Financial Position
31st March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 17,122 20,281

Current assets
Debtors 6 79,079 48,157
Cash at bank 41,939 117,019
121,018 165,176
Creditors
Amounts falling due within one year 7 40,167 33,617
Net current assets 80,851 131,559
Total assets less current liabilities
and
Net assets attributable to members 97,973 151,840

Loans and other debts due to
members

8

97,973

151,840

Total members' interests
Loans and other debts due to members 8 97,973 151,840
Amounts due from members 6 (32,286 ) -
65,687 151,840

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.

Robert Dye Architects LLP (Registered number: OC381626)

Statement of Financial Position - 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 11th November 2024 and were signed by:





Mr. R J Dye - Designated member

Robert Dye Architects LLP (Registered number: OC381626)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. Statutory information

Robert Dye Architects 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. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in January 2017 (SORP 2017).

3. Accounting policies

Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition
The turnover shown in the statement if income represents amounts invoiced during the year, exclusive of Value Added Tax.

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

Robert Dye Architects LLP (Registered number: OC381626)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

3. Accounting policies - continued

Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee information

The average number of employees during the year was 3 (2023 - 3 ) .

Robert Dye Architects LLP (Registered number: OC381626)

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 72,376 35,087 107,463
Additions 2,549 - 2,549
At 31st March 2024 74,925 35,087 110,012
Depreciation
At 1st April 2023 54,070 33,112 87,182
Charge for year 5,214 494 5,708
At 31st March 2024 59,284 33,606 92,890
Net book value
At 31st March 2024 15,641 1,481 17,122
At 31st March 2023 18,306 1,975 20,281

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 297 2,400
Other debtors 78,782 45,757
79,079 48,157

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 21,048 10,429
Taxation and social security 5,588 127
Other creditors 13,531 23,061
40,167 33,617

8. Loans and other debts due to members

Loans and other debt due to members in respect of profits amount to £66,283 (2023 - £151,840).

In the event of winding up the amounts included in "loans and other debts due to members" will rank equally with unsecured creditors.