REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
DRAGONKNIGHT PARTNERS LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
DRAGONKNIGHT PARTNERS LLP |
DRAGONKNIGHT PARTNERS LLP (REGISTERED NUMBER: OC402698) |
Contents of the Financial Statements |
for the year ended 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
DRAGONKNIGHT PARTNERS LLP |
General Information |
for the year ended 31 March 2024 |
Designated members: |
Registered office: |
Registered number: |
Accountants: |
3rd Floor, Marlborough House |
298 Regents Park Road |
Finchley |
London |
N3 2SZ |
DRAGONKNIGHT PARTNERS LLP (REGISTERED NUMBER: OC402698) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Debtors | 5 |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
Total assets less current liabilities |
and |
Net assets attributable to members | 50,000 | 50,000 |
Loans and other debts due to members | 7 | 50,000 | 50,000 |
Total members' interests |
Loans and other debts due to members | 7 | 50,000 | 50,000 |
Amounts due from members | 5 | (26,177 | ) | (26,177 | ) |
23,823 | 23,823 |
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. |
The financial statements were approved by the members of the LLP and authorised for issue on |
DRAGONKNIGHT PARTNERS LLP (REGISTERED NUMBER: OC402698) |
Notes to the Financial Statements |
for the year ended 31 March 2024 |
1. | Statutory information |
Dragonknight Partners LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis, the applicability of which is dependent upon the continued support of the LLP's members, creditors and financiers. The members of the LLP have confirmed their support for the foreseeable future and it is therefore appropriate to adopt the going concern policy. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised 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. |
3. | Employee information |
The average number of employees during the year was NIL (2023 - NIL). |
4. | Fixed asset investments |
Shares in |
group |
undertakings |
£ |
Cost |
At 1 April 2023 |
and 31 March 2024 |
Net book value |
At 31 March 2024 |
At 31 March 2023 |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Amounts due from members | 26,177 | 26,177 |
Other debtors |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other creditors |
DRAGONKNIGHT PARTNERS LLP (REGISTERED NUMBER: OC402698) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2024 |
7. | Loans and other debts due to members |
Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'. |