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Registered Number: OC445298
England & Northern Ireland

 

 

 

DANCING CHAIN BIKES LLP



Abridged Accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 16,842    14,382 
16,842    14,382 
Current assets      
Stocks 22,921    27,011 
Cash at bank and in hand 4,287    8,970 
27,208    35,981 
Net current assets 27,208    35,981 
 
Total assets less current liabilities 44,050    50,363 
Net assets 44,050    50,363 
 

Represented by:
Loans and other debts due to members 44,050    50,363 
Members' other interest
 

44,050    50,363 
 

Total members' interests
Loans and other debts due to members 44,050    50,363 
Members' other interests  
44,050    50,363 
 


For the year ending 31 March 2025 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 LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.


The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:


.............................................................................
Mantas Jucius
Designated Member
Date approved by the members: 10 June 2025
1
General Information
Dancing Chain Bikes LLP is a limited liability partnership, registered in England & Northern Ireland, registration number OC445298, registration address 297 High Road, Leytonstone, London, E11 4HH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Straight Line
Improvements to property 20% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Improvements to property   Total
  £   £   £
At 01 April 2024 9,643    7,072    16,715 
Additions 1,251    7,318    8,569 
Disposals    
At 31 March 2025 10,894    14,390    25,284 
Depreciation
At 01 April 2024 1,593    740    2,333 
Charge for year 2,455    3,654    6,109 
On disposals    
At 31 March 2025 4,048    4,394    8,442 
Net book values
Closing balance as at 31 March 2025 6,846    9,996    16,842 
Opening balance as at 01 April 2024 8,050    6,332    14,382 


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