DSC Metropolitan LLP Accounts






DSC Metropolitan LLP

	Registered No. OC370002
	Information for Filing with the Registrar
		31 March 2025

at	31 March 2025

Registered No.			OC370002	Notes	2025	2024
					£	£
Fixed assets

	Tangible assets			5	23,413	29,029


					23,413	29,029
Current assets
	Stocks			6	9,500	7,500
	Debtors			7	105,945	52,689
	Investments			8	5,000	5,000
	Cash at bank and in hand				40,955	151,454
					161,400	216,643
Creditors: Amounts falling due within one year				9	(67,276)	(40,970)
Net current assets					94,124	175,673
Total assets less current liabilities					117,537	204,702
Creditors: Amounts falling due after more than one year				10	(45,285)	(54,634)

Net assets attributable to members					72,252	150,069

Represented by:

	Members' other interests
		Members' capital			(124,365)	8,946

		Other reserves			196,617	141,123
					72,252	150,069

					72,252	150,069



These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

For the year ended 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) 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.

As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the members on 22 December 2025 and signed on its behalf by:
J.D. Shanks
Designated member
22 December 2025

for the year ended 31 March 2025

General information

DSC Metropolitan LLP is a limited liability partnership and incorporated in England and Wales.

Its registered number is: OC370002

Its registered office is:

1 The Courtyard

Chalvington

Hailsham

East Sussex

BN27 3YD

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Members' remuneration and division of profits

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Motor vehicles

15% over lease term

Furniture, fittings and equipment

25% straight line

Work in Progress

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Members' Interests

Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.

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.

3	Information in relation to members
		2025	2024
		Number	Number
	The average number of members during the year :	0	2

4	Employees
		2025	2024
		Number	Number

	The average number of persons employed during the year was:	0	0

5	Tangible fixed assets
		Motor vehicles	Fixtures, fittings and equipment	Total
		£	£	£
	Cost
	At 1 April 2024	34,040	1,003	35,043




	At 31 March 2025	34,040	1,003	35,043
	Depreciation
	At 1 April 2024	5,365	649	6,014
	Charge for the year	5,365	251	5,616



	At 31 March 2025	10,730	900	11,630
	Net book values
	At 31 March 2025	23,310	103	23,413
	At 31 March 2024	28,675	354	29,029

6	Stocks
		2025	2024
		£	£

	Work in progress	9,500	7,500

		9,500	7,500

7	Debtors
		2025	2024
		£	£
	Trade debtors	54,203	43,249
	Amounts owed by group undertakings	22,831	4,137

	VAT recoverable	20,144	-
	Other debtors	8,767	5,303

		105,945	52,689

8	Current asset investments
			2025	2024
			£	£

		Unlisted investments	5,000	5,000
			5,000	5,000

9	Creditors:
	amounts falling due within one year
		2025	2024
		£	£
	Bank loans and overdrafts	-	-




	Other taxes and social security	14,184	11,513
	Other creditors	53,092	29,457

		67,276	40,970

10	Creditors:
	amounts falling due after more than one year
		2025	2024
		£	£
	Bank loans and overdrafts	11,626	31,667
	Other loans	-	(10,692)
	Obligations under finance lease and hire purchase contracts	33,659	33,659




		45,285	54,634

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.