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REGISTERED NUMBER: 07918295 (England and Wales)















Unaudited Financial Statements for the Period 1 May 2023 to 31 October 2024

for

DPP Partners Ltd

DPP Partners Ltd (Registered number: 07918295)






Contents of the Financial Statements
for the Period 1 May 2023 to 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DPP Partners Ltd

Company Information
for the Period 1 May 2023 to 31 October 2024







DIRECTORS: S Nolan
J Coleman
D Kilty
P Lewis
I Gould
J Hagan
S Miah





REGISTERED OFFICE: Pinnacle House
Stanley Road
Bootle
Liverpool
Merseyside
L20 7JF





REGISTERED NUMBER: 07918295 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

DPP Partners Ltd (Registered number: 07918295)

Balance Sheet
31 October 2024

31.10.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - 721,536
Tangible assets 5 1,012,297 731,349
1,012,297 1,452,885

CURRENT ASSETS
Stocks - 1,531,373
Debtors 6 847,433 411,809
Cash in hand - 275
847,433 1,943,457
CREDITORS
Amounts falling due within one year 7 234,629 1,266,149
NET CURRENT ASSETS 612,804 677,308
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,625,101

2,130,193

CREDITORS
Amounts falling due after more than one
year

8

(216,677

)

(472,028

)

PROVISIONS FOR LIABILITIES (75,000 ) (13,306 )
NET ASSETS 1,333,424 1,644,859

CAPITAL AND RESERVES
Called up share capital 10 18,013 18,013
Revaluation reserve 11 338,967 -
Capital redemption reserve 3,002 3,002
Retained earnings 973,442 1,623,844
SHAREHOLDERS' FUNDS 1,333,424 1,644,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

DPP Partners Ltd (Registered number: 07918295)

Balance Sheet - continued
31 October 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:





S Nolan - Director


DPP Partners Ltd (Registered number: 07918295)

Notes to the Financial Statements
for the Period 1 May 2023 to 31 October 2024

1. STATUTORY INFORMATION

DPP Partners Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover represents services provided excluding disbursements and value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold property 2% Straight line basis
Fixtures and fittings 10% Straight line basis
Computer equipment 25% Straight line basis

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

DPP Partners Ltd (Registered number: 07918295)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 October 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 32 (2023 - 38 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 May 2023
and 31 October 2024 7,215,342
AMORTISATION
At 1 May 2023 6,493,806
Charge for period 721,536
At 31 October 2024 7,215,342
NET BOOK VALUE
At 31 October 2024 -
At 30 April 2023 721,536

DPP Partners Ltd (Registered number: 07918295)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 October 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£ £ £ £
COST OR VALUATION
At 1 May 2023 758,784 97,431 307,351 1,163,566
Additions - - 15,587 15,587
Disposals (46,487 ) (97,431 ) (322,938 ) (466,856 )
Revaluations 300,000 - - 300,000
At 31 October 2024 1,012,297 - - 1,012,297
DEPRECIATION
At 1 May 2023 104,371 63,730 264,116 432,217
Charge for period 14,246 9,743 23,845 47,834
Eliminated on disposal (4,650 ) (73,473 ) (287,961 ) (366,084 )
Revaluation adjustments (113,967 ) - - (113,967 )
At 31 October 2024 - - - -
NET BOOK VALUE
At 31 October 2024 1,012,297 - - 1,012,297
At 30 April 2023 654,413 33,701 43,235 731,349

Cost or valuation at 31 October 2024 is represented by:

Freehold
property
£
Valuation in 2024 300,000
Cost 712,297
1,012,297

The freehold property has been valued by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 30.4.23
£ £
Trade debtors - 333,653
Other debtors 847,433 78,156
847,433 411,809

Within other debtors is £847,433 (2023: nil) owed from DPP Law LLP

DPP Partners Ltd (Registered number: 07918295)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 30.4.23
£ £
Bank loans and overdrafts 209,850 459,112
Trade creditors - 11,752
Taxation and social security 24,779 584,926
Other creditors - 210,359
234,629 1,266,149

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 30.4.23
£ £
Bank loans 216,677 472,028

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 40,392 70,743

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.24 30.4.23
£ £
Within one year - 44,266
Between one and five years - 64,358
- 108,624

10. CALLED UP SHARE CAPITAL

Allotted and issued:

Number Class Nominal 30.4.24 30.4.23
value £    £   
6 (2021:7) Ordinary £1 6 6
1 Ordinary A shares £1 1 1
1 Ordinary C shares £1 1 1
1 Ordinary D shares £1 1 1
1 Ordinary E shares £1 1 1
0 (2021:1) Ordinary F shares £1 - -
1 Ordinary G shares £1 1 1
1 Ordinary H share £1 1 1
1 Ordinary I shares £1 1 1
18 (2021:21) Redeemable shares £1,000 18,000 18,000
18,013 18,013

DPP Partners Ltd (Registered number: 07918295)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 October 2024

11. RESERVES
Revaluation
reserve
£
Revaluation during period 300,000
Deferred tax on revaluation (75,000 )
Depreciation adjustment 113,967

At 31 October 2024 338,967

12. POST BALANCE SHEET EVENTS

The trade of the company was transferred to DPP Law LLP with effect from 30 April 2024.

13. ULTIMATE CONTROLLING PARTY

The company is controlled by its seven ordinary shareholders.

14. SECURITY

The Bank holds a debenture dated 30 April 2014 against all assets of the company. The Bank also holds a legal charge dated 29 October 2015 against the company's trading premises at Pinnacle House, Stanley Road, Bootle, Liverpool, Merseyside, L20 7JF.