Registered number
OC370133
D & L Concepts LLP
Filleted Accounts
31 March 2024
Lynden Consultancy Limited
Accountants
Lynden
Catton
Thirsk
N Yorkshire
YO7 4SH
D & L Concepts LLP
Registered number: OC370133
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 16,441 15,840
Creditors: amounts falling due within one year 3 (800) (800)
Net current assets 15,641 15,040
Total assets less current liabilities 15,641 15,040
Net assets attributable to members 15,641 15,040
Represented by:
Loans and other debts due to members 4 15,641 15,040
15,641 15,040
Total members' interests
Loans and other debts due to members 4 15,641 15,040
15,641 15,040
For the period ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 19 December 2024 and signed on their behalf by:
Mr D Weston
Designated member
D & L Concepts LLP
Notes to the Accounts
for the period from 1 December 2023 to 31 March 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the LLP 2 2
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 800 800
4 Loans and other debts due to members 2024 2023
£ £
Amounts due to members in respect of profits 15,641 15,040
Amounts falling due within one year 15,641 15,040
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
5 Other information
D & L Concepts LLP is a limited liability partnership incorporated in England. Its registered office is:
Ashtree House
Sutton Under Whitestone
Nr Thirsk
N. Yorkshire
YO7 2PS
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