DBL Asset Management LLP

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: OC328644

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		49,035		59,701

			49,035		59,701
CURRENT ASSETS
Debtors		69,257		70,824
Investments		232,452		210,528
Cash at bank and in hand		293,241		206,975

		594,950		488,327
Creditors: Amounts Falling Due Within One Year		(32,579 )		(29,085 )

NET CURRENT ASSETS (LIABILITIES)			562,371		459,242

TOTAL ASSETS LESS CURRENT LIABILITIES			611,406		518,943

NET ASSETS ATTRIBUTABLE TO MEMBERS			611,406		518,943

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		611,406		518,943

			611,406		518,943

			611,406		518,943

TOTAL MEMBERS' INTEREST
Amounts due from members			-		(15,370)
Loans and other debts due to members within one year			611,406		518,943

			611,406		503,573

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Page 2

DBL Asset Management LLP

Abridged Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mr D A Staines

Designated Member

16th September 2025

The notes on page 3 form part of these financial statements.

1. General Information

DBL Asset Management LLP is a limited liability partnership, incorporated in England & Wales, registered number OC328644 . The Registered Office is 14 Kennerleys Lane, Wilmslow, Cheshire, SK9 5EQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates, value added taxes and other sales taxes. Turnover is recognised when the right to income has been earned.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	20% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	33% on cost

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 5 (2023: 5)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	158,574
Additions	4,606
Disposals	(4,783 )

As at 31 December 2024	158,397

Depreciation
As at 1 January 2024	98,873
Provided during the period	14,530
Disposals	(4,041 )

As at 31 December 2024	109,362

...CONTINUED

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DBL Asset Management LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	49,035

As at 1 January 2024	59,701

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