D.J. Lawson & Partners LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC336543 (England and Wales)

D.J. Lawson & Partners LLP

Unaudited Financial Statements For The Year Ended 31 March 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J M L Brown

C W McVitty

REGISTERED OFFICE:

Battlesbridge Harbour

Chelmsford Road

Battlesbridge

SS11 8TR

REGISTERED NUMBER:

OC336543 (England and Wales)

ACCOUNTANTS:

Kingswood Allotts Limited

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

4

12,894

1,761

CURRENT ASSETS

Debtors

5

411,845

308,405

Cash at bank

630,122

444,471

1,041,967

752,876

CREDITORS

Amounts falling due within one year

6

319,185

280,224

NET CURRENT ASSETS

722,782

472,652

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

735,676

474,413

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

660,676

399,413

MEMBERS' OTHER INTERESTS

Capital accounts

75,000

735,676

474,413

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

660,676

399,413

Members' other interests

75,000

735,676

474,413

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 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 December 2025 and were signed by:

C W McVitty - Designated member

1.	STATUTORY INFORMATION

D.J. Lawson & Partners 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.

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

-

the amount of revenue can be measured reliably;

-

it is probable that the LLP will receive the consideration due under the contract;

-

the stage of completion of the contract at the end of the reporting period can be measured reliably; and

-

the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less acumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line method.

Depreciation is provided on the following basis:

Fixtures and fittings

- 2 years straight line

Computer equipment

- 2 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.

Pension costs and other post-retirement benefits

The LLP contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.

The contributions are recognised as an expense in the statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense'.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

15,623

116,674

132,297

Additions

3,750

14,995

18,745

At 31 March 2025

19,373

131,669

151,042

DEPRECIATION

At 1 April 2024

15,379

115,157

130,536

Charge for year

1,689

5,923

7,612

At 31 March 2025

17,068

121,080

138,148

NET BOOK VALUE

At 31 March 2025

2,305

10,589

12,894

At 31 March 2024

244

1,517

1,761

5.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

174,354

107,792

Other debtors

891

1,246

Prepayments and accrued income

219,773

182,540

395,018

291,578

Amounts falling due after more than one year:

Other debtors

16,827

Aggregate amounts

411,845

308,405

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

107,616

10,112

Social security and other taxes

193,109

255,517

Other creditors

6,903

645

Accruals and deferred income

11,557

13,950

319,185

280,224

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

48,628

52,758

Between one and five years

9,060

32,974

57,688

85,732

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2024

2023

£

Other amounts due to members

474,413

473,088

9.	PENSION COMMITMENTS

The entity contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity in an independently administered fund. The pension cost charge represents contributions payable by the entity to the fund and amounted to £21,502 (2024: £20,895). Contributions totalling £3,940 (2024: £175) were payable to the fund at the balance sheet date and are included in creditors.