Dale Stevens LLP

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

Registered number: OC309818

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		431		917

			431		917
CURRENT ASSETS
Stocks	5	-		1,225
Debtors	6	1,439		1,484
Cash at bank and in hand		9,154		25,688

		10,593		28,397
Creditors: Amounts Falling Due Within One Year	7	(1,968 )		(4,493 )

NET CURRENT ASSETS (LIABILITIES)			8,625		23,904

TOTAL ASSETS LESS CURRENT LIABILITIES			9,056		24,821

NET ASSETS ATTRIBUTABLE TO MEMBERS			9,056		24,821

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		9,056		24,821

			9,056		24,821

			9,056		24,821

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			9,056		24,821

			9,056		24,821

Page 1

Page 2

Dale Stevens LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

On behalf of the members

Mr Michael Dale

Designated Member

30th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Dale Stevens LLP is a limited liability partnership, incorporated in England & Wales, registered number OC309818 . The Registered Office is 25 Moorfield Road, Woodbridge, Suffolk, IP12 4JN.

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 and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Fixtures & Fittings

25% of reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 2)

Page 3

Page 4

Dale Stevens LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	34,091

As at 31 March 2025	34,091

Depreciation
As at 1 April 2024	33,174
Provided during the period	486

As at 31 March 2025	33,660

Net Book Value
As at 31 March 2025	431

As at 1 April 2024	917

5. Stocks

	2025	2024
	£	£
Work in progress	-	1,225

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,439	1,484

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
VAT	1,653	2,128
Income tax liability	-	1,440
Accruals and deferred income	315	925

	1,968	4,493

Page 4