Silverfin false 31/03/2024 01/08/2023 31/03/2024 Mrs M E Corben 22/07/2022 Mrs J A Rodziewicz 22/07/2022 25 November 2024 OC443233 2024-03-31 OC443233 bus:Director1 2024-03-31 OC443233 bus:Director2 2024-03-31 OC443233 2023-07-31 OC443233 core:CurrentFinancialInstruments 2024-03-31 OC443233 core:CurrentFinancialInstruments 2023-07-31 OC443233 2023-08-01 2024-03-31 OC443233 bus:FullAccounts 2023-08-01 2024-03-31 OC443233 bus:SmallEntities 2023-08-01 2024-03-31 OC443233 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-03-31 OC443233 bus:LimitedLiabilityPartnershipLLP 2023-08-01 2024-03-31 OC443233 bus:Director1 2023-08-01 2024-03-31 OC443233 bus:Director2 2023-08-01 2024-03-31 OC443233 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Company No: OC443233 (England and Wales)

DORSET HAPPY HAMPER LLP

Unaudited Financial Statements
For the financial period from 01 August 2023 to 31 March 2024
Pages for filing with the registrar

DORSET HAPPY HAMPER LLP

Unaudited Financial Statements

For the financial period from 01 August 2023 to 31 March 2024

Contents

DORSET HAPPY HAMPER LLP

BALANCE SHEET

As at 31 March 2024
DORSET HAPPY HAMPER LLP

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024 31.07.2023
£ £
Current assets
Stocks 4 3,575 5,104
Debtors 5 195 0
Cash at bank and in hand 6 12,124 2,291
15,894 7,395
Creditors: amounts falling due within one year 7 ( 715) 0
Net current assets 15,179 7,395
Total assets less current liabilities 15,179 7,395
Accruals and deferred income ( 1,054) ( 900)
Net assets attributable to members 14,125 6,495
Represented by
Loans and other debts due to members within one year
Other amounts 6,495 8,336
6,495 8,336
Members' other interests
Members' capital classified as equity 2,192 0
Other reserves 5,438 (1,841)
7,630 (1,841)
14,125 6,495
Total members' interests
Loans and other debts due to members 6,495 8,336
Members' other interests 7,630 (1,841)
14,125 6,495

For the financial period ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

The financial statements of Dorset Happy Hamper LLP (registered number: OC443233) were approved and authorised for issue by the Board of Directors on 25 November 2024. They were signed on its behalf by:

Mrs M E Corben
Designated member
Mrs J A Rodziewicz
Designated member
DORSET HAPPY HAMPER LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2023 to 31 March 2024
DORSET HAPPY HAMPER LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2023 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dorset Happy Hamper LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 5 Lodmoor Avenue, Weymouth, DT3 5AF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length for the period was 8 months.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the LLP’s accounting policies, the members are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the members have made in the process of applying the LLP’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

Period from
01.08.2023 to
31.03.2024
Year ended
31.07.2023
Number Number
Monthly average number of persons employed by the LLP during the period, including members 2 2

4. Stocks

31.03.2024 31.07.2023
£ £
Stocks 3,575 5,104

5. Debtors

31.03.2024 31.07.2023
£ £
Trade debtors 195 0

6. Cash and cash equivalents

31.03.2024 31.07.2023
£ £
Cash at bank and in hand 11,953 1,764
Short-term deposits 171 527
12,124 2,291

7. Creditors: amounts falling due within one year

31.03.2024 31.07.2023
£ £
Trade creditors 715 0