Registered No. OC346634 (England and Wales)
DELBAR LLP
Unaudited accounts
for the year ended 30 June 2024
DELBAR LLP
LLP Information
for the year ended 30 June 2024
Designated members
Gladstone Trade & Co Inc
Registered Number
OC346634 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
United Kingdom
DELBAR LLP
Statement of financial position
as at 30 June 2024
Debtors
1,410,854
2,176,956
Cash at bank and in hand
159
40,654
Creditors: amounts falling due within one year
(244,502)
(759,231)
Net current assets
1,166,511
1,458,379
Net assets attributable to members
1,188,022
1,479,890
Other reserves
1,188,022
1,479,890
Members' other interests
1,188,022
1,479,890
For the year ending 30 June 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 20 March 2025.
Gladstone Trade & Co Inc
Designated member
Limited Liability Partnership Registration No. OC346634
DELBAR LLP
Notes to the Accounts
for the year ended 30 June 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and
services supplied during the period, exclusive of Value Added Tax and trade discounts.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members' remuneration charged as an expense in the profit and loss account.
DELBAR LLP is a limited liability partnership, incorporated in England and Wales, registration number OC346634. Its registered office is 7 Bell Yard, London, WC2A 2JR, United Kingdom.
3
Investments
Other investments
4
Creditors: amounts falling due within one year
2024
2023
Trade creditors
244,502
759,231
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).