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Registered No. OC417099 (England and Wales)
Duncan Bailey Kennedy LLP Unaudited accounts for the year ended 31 March 2025
Duncan Bailey Kennedy LLP LLP Information for the year ended 31 March 2025
Designated members
Mr Adrian Dolan
Mr Phillip Mawby
Registered Number
OC417099 (England and Wales)
Registered Office
The Mews 20 Amersham Hill High Wycombe Buckinghamshire HP13 6NZ England
Accountants
James Norman Business Advisory Limited 7 High Street Windsor SL4 1LD
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Duncan Bailey Kennedy LLP Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
6,800
4,119
Current assets
Debtors
104,738
92,845
Cash at bank and in hand
59,060
130,615
163,798
223,460
Creditors: amounts falling due within one year
4
(107,082)
(119,364)
Net current assets
56,716
104,096
Net assets attributable to members
63,516
108,215
Represented by:
Members' other interests
Other reserves
63,516
108,215
63,516
108,215
Total members' interests
Members' other interests
63,516
108,215
63,516
108,215
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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 15 October 2025.
Mr Adrian Dolan Designated member Limited Liability Partnership Registration No. OC417099
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Duncan Bailey Kennedy LLP Notes to the Accounts for the year ended 31 March 2025
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% straight line
Pension costs
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
2
Statutory information
Duncan Bailey Kennedy LLP is a limited liability partnership, incorporated in England and Wales, registration number OC417099. Its registered office is The Mews, 20 Amersham Hill, High Wycombe, Buckinghamshire, HP13 6NZ, England.
3
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
8,599
Additions
4,168
At 31 March 2025
12,767
Depreciation
At 1 April 2024
4,480
Charge for the year
1,487
At 31 March 2025
5,967
Net book value
At 31 March 2025
6,800
At 31 March 2024
4,119
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Duncan Bailey Kennedy LLP Notes to the Accounts for the year ended 31 March 2025
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
16,133
16,420
Taxes and social security costs
84,401
95,941
Other creditors
1,348
1,253
Accruals
5,200
5,750
107,082
119,364
5
Average number of employees
During the year the average number of employees was 8 (2024: 8).
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