REGISTERED NUMBER: OC448276 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31st March 2025

for

DMG & SON LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

D M Gillard

O P Gillard

REGISTERED OFFICE:

11 Ivy Close

St. Leonards

Ringwood

Hampshire

BH24 2QZ

REGISTERED NUMBER:

OC448276 (England and Wales)

ACCOUNTANTS:

Graham Martin & Co

Accountants

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

The members present their report with the financial statements of the LLP for the year ended 31st March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of building maintenance and repair.

DESIGNATED MEMBERS

The designated members during the year under review were:

D M Gillard

O P Gillard

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £85,635 (2024 - £27,458 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

D M Gillard - Designated member

15th September 2025

TURNOVER

231,966

156,381

Cost of sales

62,916

89,821

GROSS PROFIT

169,050

66,560

Administrative expenses

83,415

39,102

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

85,635

27,458

FIXED ASSETS

Tangible assets

5

19,320

23,494

CURRENT ASSETS

Debtors

6

765

8,780

Cash at bank

3,224

3,564

3,989

12,344

CREDITORS

Amounts falling due within one year

7

1,890

1,201

NET CURRENT ASSETS

2,099

11,143

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

21,419

34,637

LOANS AND OTHER DEBTS DUE TO MEMBERS

21,419

34,637

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

21,419

34,637

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

The financial statements were approved by the members of the LLP and authorised for issue on 15th September 2025 and were signed by:

D M Gillard - Designated member

1.	STATUTORY INFORMATION

DMG & Son LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	OPERATING PROFIT

The operating profit is stated after charging:

PERIOD

19.7.23

YEAR ENDED

TO

31.3.25

31.3.24

£

£

Depreciation - owned assets

4,174

5,164

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

28,658

DEPRECIATION

At 1st April 2024

5,164

Charge for year

4,174

At 31st March 2025

9,338

NET BOOK VALUE

At 31st March 2025

19,320

At 31st March 2024

23,494

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

765

8,780

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,890

1,201