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REGISTERED NUMBER: OC442475 (England and Wales)












REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

DBS7 LLP

DBS7 LLP (REGISTERED NUMBER: OC442475)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


DBS7 LLP

GENERAL INFORMATION
for the year ended 5 April 2024







DESIGNATED MEMBERS: P Speight
A Bartlett





REGISTERED OFFICE: 25-29 Sandy Way
Yeadon
Leeds
LS19 7EW





REGISTERED NUMBER: OC442475 (England and Wales)





ACCOUNTANTS: J S White & Co Limited
25-29 Sandy Way
Yeadon
Leeds
LS19 7EW

DBS7 LLP (REGISTERED NUMBER: OC442475)

REPORT OF THE MEMBERS
for the year ended 5 April 2024

The members present their report with the financial statements of the LLP for the year ended 5 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of Property Lettings

DESIGNATED MEMBERS
The designated members during the year under review were:

Ms J Dibdin
P Speight
A Bartlett

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £227,115 (2023 - £77,563 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





A Bartlett - Designated member


29 January 2025

DBS7 LLP (REGISTERED NUMBER: OC442475)

INCOME STATEMENT
for the year ended 5 April 2024

Period
27/5/22
Year Ended to
5/4/24 5/4/23
£    £   

TURNOVER - -

Cost of sales 2,797 18,000
GROSS LOSS (2,797 ) (18,000 )

Administrative expenses 121,123 55,063
OPERATING LOSS (123,920 ) (73,063 )


Interest payable and similar expenses 103,195 4,500
LOSS FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




(227,115




)




(77,563




)

DBS7 LLP (REGISTERED NUMBER: OC442475)

BALANCE SHEET
5 April 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 1,165,106 971,022
Debtors 304,678 77,563
1,469,784 1,048,585
CREDITORS
Amounts falling due within one year 4 1,469,784 1,048,585
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members (304,678 ) (77,563 )

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 5 April 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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 29 January 2025 and were signed by:





A Bartlett - Designated member

DBS7 LLP (REGISTERED NUMBER: OC442475)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2024

1. STATUTORY INFORMATION

Dbs7 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEE INFORMATION

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,469,784 1,048,585