Drumbeat Exhibitions LLP - Accounts to registrar (filleted)

Unaudited Financial Statements

for the Year Ended 27 February 2025

for

Drumbeat Exhibitions LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr M Ralton

DJB Woking Limited

REGISTERED OFFICE:

Unit 3 & 4

The Depot

Monument Way East

Woking

Surrey

GU21 5LY

REGISTERED NUMBER:

OC380909 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

5,438

6,290

CURRENT ASSETS

Debtors

5

63,982

57,481

Cash at bank

17,621

593

81,603

58,074

CREDITORS

Amounts falling due within one year

6

75,671

42,767

NET CURRENT ASSETS

5,932

15,307

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,370

21,597

CREDITORS

Amounts falling due after more than one year

7

11,370

21,597

NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

5

(23,053

)

(43,293

)

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 27 February 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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 3 October 2025 and were signed by:

Mr M Ralton - Designated member

1.	STATUTORY INFORMATION

Drumbeat Exhibitions 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 represents work carried out in the period excluding VAT. Customers are invoiced ahead of work being carried out giving rise to deferred sales. Final invoices are raised on completion of work.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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 LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - 4 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 28 February 2024

28,439

9,429

7,062

44,930

Additions

-

1,151

At 27 February 2025

28,439

9,429

8,213

46,081

DEPRECIATION

At 28 February 2024

23,362

8,778

6,500

38,640

Charge for year

1,269

163

571

2,003

At 27 February 2025

24,631

8,941

7,071

40,643

NET BOOK VALUE

At 27 February 2025

3,808

488

1,142

5,438

At 27 February 2024

5,077

651

562

6,290

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

36,060

11,455

Amounts due from members

23,053

43,293

Prepayments

4,869

2,733

63,982

57,481

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,227

9,975

Trade creditors

19,678

16,044

Social security and other taxes

3,052

866

VAT

14,206

9,971

Accrued expenses

2,575

5,911

Deferred income

25,933

-

75,671

42,767

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

11,370

10,227

Bank loans - 2-5 years

-

11,370

21,597