1 July 2023 false No description of principal activity Taxfiler 2024.6 OC346634business:LimitedLiabilityPartnershipLLP2023-07-012024-06-30 OC3466342023-06-30 OC3466342023-07-012024-06-30 OC346634business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 OC346634business:FullAccounts2023-07-012024-06-30 OC3466342024-06-30 OC346634business:PartnerLLP12023-07-012024-06-30 OC346634business:PartnerLLP22023-07-012024-06-30 OC346634business:RegisteredOffice2023-07-012024-06-30 OC3466342023-06-30 OC346634core:WithinOneYear2024-06-30 OC346634core:WithinOneYear2023-06-30 OC346634core:RetainedEarningsAccumulatedLosses2024-06-30 OC346634core:RetainedEarningsAccumulatedLosses2023-06-30 OC346634business:SmallEntities2023-07-012024-06-30 OC346634countries:EnglandWales2023-07-012024-06-30 OC3466342022-07-012023-06-30 iso4217:GBP xbrli:pure
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
Montfort Capital Corp
Registered Number
OC346634 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR United Kingdom
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DELBAR LLP Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
21,511 
21,511 
Current assets
Debtors
1,410,854 
2,176,956 
Cash at bank and in hand
159 
40,654 
1,411,013 
2,217,610 
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 
Represented by:
Members' other interests
Other reserves
1,188,022 
1,479,890 
1,188,022 
1,479,890 
Total members' interests
Members' other interests
1,188,022 
1,479,890 
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
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DELBAR LLP Notes to the Accounts for the year ended 30 June 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Members' capital
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.
Turnover
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
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.
Division of profits
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.
2
Statutory information
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 
Cost
£ 
At 1 July 2023
21,511 
At 30 June 2024
21,511 
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).
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