IRIS Accounts Production v25.4.0.155 OC311194 designated member designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC311194 2024-03-31 OC311194 2025-03-31 OC311194 2024-04-01 2025-03-31 OC311194 2023-03-31 OC311194 2023-04-01 2024-03-31 OC311194 2024-03-31 OC311194 ns15:EnglandWales 2024-04-01 2025-03-31 OC311194 ns14:PoundSterling 2024-04-01 2025-03-31 OC311194 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC311194 ns10:PartnerLLP2 2024-04-01 2025-03-31 OC311194 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC311194 ns10:SmallEntities 2024-04-01 2025-03-31 OC311194 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC311194 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC311194 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC311194 ns10:FullAccounts 2024-04-01 2025-03-31 OC311194 ns10:PartnerLLP3 2024-04-01 2025-03-31 OC311194 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC311194 ns5:CurrentFinancialInstruments 2025-03-31 OC311194 ns5:CurrentFinancialInstruments 2024-03-31 OC311194 ns5:Non-currentFinancialInstruments 2025-03-31 OC311194 ns5:Non-currentFinancialInstruments 2024-03-31 OC311194 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 OC311194 ns5:PlantMachinery 2024-04-01 2025-03-31 OC311194 ns5:FurnitureFittings 2024-04-01 2025-03-31 OC311194 ns5:MotorVehicles 2024-04-01 2025-03-31 OC311194 ns5:ComputerEquipment 2024-04-01 2025-03-31 OC311194 ns5:LandBuildings 2024-03-31 OC311194 ns5:PlantMachinery 2024-03-31 OC311194 ns5:FurnitureFittings 2024-03-31 OC311194 ns5:LandBuildings 2024-04-01 2025-03-31 OC311194 ns5:LandBuildings 2025-03-31 OC311194 ns5:PlantMachinery 2025-03-31 OC311194 ns5:FurnitureFittings 2025-03-31 OC311194 ns5:LandBuildings 2024-03-31 OC311194 ns5:PlantMachinery 2024-03-31 OC311194 ns5:FurnitureFittings 2024-03-31 OC311194 ns5:MotorVehicles 2024-03-31 OC311194 ns5:ComputerEquipment 2024-03-31 OC311194 ns5:MotorVehicles 2025-03-31 OC311194 ns5:ComputerEquipment 2025-03-31 OC311194 ns5:MotorVehicles 2024-03-31 OC311194 ns5:ComputerEquipment 2024-03-31 OC311194 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 OC311194 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: OC311194 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Delano LLP

Delano LLP (Registered number: OC311194)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

General Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 5 |

Report of the Accountants | 8 |

Delano LLP

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | R Dela Nougerede

| Ms G Bennett

| Delano Electronics Limited

| REGISTERED OFFICE: | Suite India 1

| Maritime House

| Basin Road North

| Hove

| East Sussex

| BN41 1WR

| REGISTERED NUMBER: | OC311194 (England and Wales)

| ACCOUNTANTS: | Wood & Associates LLP

| Chartered Certified Accountants

| Maritime House

| Basin Road North

| Hove

| East Sussex

| BN41 1WR

Delano LLP (Registered number: OC311194)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 150,329 |  | 155,065 |  |

CURRENT ASSETS

Stocks | 5,000 |  | 2,000 |  |

Debtors | 5 | 7,910 |  | 41,700 |  |

Cash at bank | 32,121 |  | 27,319 |  |

45,031 |  | 71,019 |  |

CREDITORS

Amounts falling due within one year | 6 | 34,286 |  | 34,566 |  |

NET CURRENT ASSETS | 10,745 |  | 36,453 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 161,074 |  | 191,518 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 35,752 |  | 55,176 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 125,322 |  | 136,342 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 8 | 125,322 |  | 136,342 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 8 | 125,322 |  | 136,342 |  |

Amounts due from members | 5 | (1,981 | ) | (1,591 | ) |

123,341 |  | 134,751 |  |

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.

Delano LLP (Registered number: OC311194)

Balance Sheet - continued

31 March 2025

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.

Delano LLP (Registered number: OC311194)

Balance Sheet - continued

31 March 2025

The financial statements were approved by the members of the LLP and authorised for issue on 7 January 2026 and were signed by:

R Dela Nougerede - Designated member

Delano LLP (Registered number: OC311194)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Delano 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Freehold property | - | 2% on cost

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

3. | EMPLOYEE INFORMATION

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

Delano LLP (Registered number: OC311194)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 198,115 |  | 14,421 |  | 83 |  |

| DEPRECIATION

| At 1 April 2024 | 45,561 |  | 13,484 |  | 81 |  |

| Charge for year | 3,962 |  | 141 |  | 1 |  |

| At 31 March 2025 | 49,523 |  | 13,625 |  | 82 |  |

| NET BOOK VALUE

| At 31 March 2025 | 148,592 |  | 796 |  | 1 |  |

| At 31 March 2024 | 152,554 |  | 937 |  | 2 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 452 |  | 2,394 |  | 215,465 |  |

| DEPRECIATION

| At 1 April 2024 | 451 |  | 823 |  | 60,400 |  |

| Charge for year | - |  | 632 |  | 4,736 |  |

| At 31 March 2025 | 451 |  | 1,455 |  | 65,136 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1 |  | 939 |  | 150,329 |  |

| At 31 March 2024 | 1 |  | 1,571 |  | 155,065 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 5,175 |  | 39,480 |  |

| Other debtors | 2,735 |  | 2,220 |  |

7,910 |  | 41,700 |  |

Delano LLP (Registered number: OC311194)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 18,781 |  | 15,803 |  |

| Trade creditors | 3,926 |  | 5,599 |  |

| Taxation and social security | 3,924 |  | 5,877 |  |

| Other creditors | 7,655 |  | 7,287 |  |

34,286 |  | 34,566 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 35,752 |  | 55,176 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 16,971 |  | 39,373 |  |

8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a

| winding up.There is no provision for specific legally enforceable protection afforded to creditors in such an

| event.There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’

| other interests'.

Delano LLP

Report of the Accountants to the Members of

Delano LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages one to nine and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wood & Associates LLP

Chartered Certified Accountants

Maritime House

Basin Road North

Hove

East Sussex

BN41 1WR

7 January 2026