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REGISTERED NUMBER: OC432154 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

DNO Estates LLP

DNO Estates LLP (Registered number: OC432154)

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










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DNO Estates LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: O D W Goddard
Mrs N L Stuckey
D J Goddard
O.N. Property Services Ltd





REGISTERED OFFICE: 216 High Street
Brentford
Middlesex
TW8 8AH





REGISTERED NUMBER: OC432154 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

DNO Estates LLP (Registered number: OC432154)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,120 -
Investment property 5 1,303,402 1,278,000
1,304,522 1,278,000

CURRENT ASSETS
Debtors 6 1,333 1,279
Cash at bank 1,763 8,471
3,096 9,750
CREDITORS
Amounts falling due within one year 7 5,099 6,646
NET CURRENT (LIABILITIES)/ASSETS (2,003 ) 3,104
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,302,519

1,281,104

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 1,302,519 1,281,104
1,302,519 1,281,104

TOTAL MEMBERS' INTERESTS
Members' other interests 1,302,519 1,281,104

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 31 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.

DNO Estates LLP (Registered number: OC432154)

Balance Sheet - continued
31 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 11 October 2024 and were signed by:





D J Goddard - Designated member

DNO Estates LLP (Registered number: OC432154)

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


1. STATUTORY INFORMATION

DNO Estates 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 as modified by the revaluation of certain assets.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

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.

Fixtures & fittings - 20% straight line basis

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate deficit or surplus arising from changes in fair value is recognised through profit and loss.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2023 - 1 ) .

DNO Estates LLP (Registered number: OC432154)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,200
At 31 March 2024 1,200
DEPRECIATION
Charge for year 80
At 31 March 2024 80
NET BOOK VALUE
At 31 March 2024 1,120

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,278,000
Additions 81,474
Revaluations (56,072 )
At 31 March 2024 1,303,402
NET BOOK VALUE
At 31 March 2024 1,303,402
At 31 March 2023 1,278,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 50,000
Valuation in 2023 77,951
Valuation in 2024 (56,072 )
Cost 1,231,523
1,303,402

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,231,523 1,150,049

Investment property was valued on an open market basis on 31 March 2024 by the designated members .

DNO Estates LLP (Registered number: OC432154)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,333 1,279

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,398 2,525
Taxation and social security 340 411
Other creditors 2,361 3,710
5,099 6,646

8. RELATED PARTY DISCLOSURES

During the year O. N. Property Services Ltd a member and in which two of the other members are shareholders provided management services to this LLP. The members consider that charges made are on a free market basis.