DPPJ Holdings LLP OC431414 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is rental of commerical and residential property Digita Accounts Production Advanced 6.30.9574.0 OC431414 2024-04-01 2025-03-31 OC431414 2025-03-31 OC431414 core:CurrentFinancialInstruments 2025-03-31 OC431414 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 OC431414 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 OC431414 core:MotorVehicles 2025-03-31 OC431414 bus:FRS102 2024-04-01 2025-03-31 OC431414 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC431414 bus:FullAccounts 2024-04-01 2025-03-31 OC431414 bus:RegisteredOffice 2024-04-01 2025-03-31 OC431414 bus:PartnerLLP1 2024-04-01 2025-03-31 OC431414 bus:PartnerLLP2 2024-04-01 2025-03-31 OC431414 bus:PartnerLLP4 2024-04-01 2025-03-31 OC431414 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC431414 bus:Agent1 2024-04-01 2025-03-31 OC431414 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC431414 core:MotorVehicles 2024-04-01 2025-03-31 OC431414 countries:AllCountries 2024-04-01 2025-03-31 OC431414 2024-03-31 OC431414 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 OC431414 core:MotorVehicles 2024-03-31 OC431414 2023-04-01 2024-03-31 OC431414 2024-03-31 OC431414 core:CurrentFinancialInstruments 2024-03-31 OC431414 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 OC431414 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 OC431414 core:MotorVehicles 2024-03-31 iso4217:GBP xbrli:pure

Registration number: OC431414

DPPJ Holdings LLP
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

DPPJ Holdings LLP

Contents

Limited liability partnership information | 1
Accountants' Report | 2
Financial Statements | 3 to 9
Balance Sheet | 3
Notes to the Financial Statements | 5

DPPJ Holdings LLP

Limited liability partnership information

Designated members | Mr David Pratley Mrs Penelope Pratley

Members | DPPJ Ltd

Registered office | The Exclusive Building Thorpe Drive Thorpe Way Banbury Oxfordshire OX16 4UZ

Accountants | ReesRussell Chartered Accountants 4 South Bar Street Banbury Oxfordshire OX16 9AA

Chartered Accountants' Report to the Members on the Preparation of the Unaudited Statutory Accounts of
DPPJ Holdings LLP
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, as applied to limited liability partnerships, we have prepared for your approval the accounts of DPPJ Holdings LLP for the year ended 31 March 2025 set out on pages 3 to 9 from the limited liability partnership's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the members of DPPJ Holdings LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of DPPJ Holdings LLP and state those matters that we have agreed to state to the members of DPPJ Holdings LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DPPJ Holdings LLP and its members as a body for our work or for this report.

It is your duty to ensure that DPPJ Holdings LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of DPPJ Holdings LLP. You consider that DPPJ Holdings LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of DPPJ Holdings LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
ReesRussell
Chartered Accountants
4 South Bar Street
Banbury
Oxfordshire
OX16 9AA

14 January 2026

DPPJ Holdings LLP

(Registration number: OC431414)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 9,446,534 | 9,444,800
Investments | 6 | 7,530,485 | 7,383,676
|  | 16,977,019 | 16,828,476
Current assets |  |  |
Debtors | 7 | 123,237 | 197,707
Cash and short-term deposits |  | 256,481 | 275,963
|  | 379,718 | 473,670
Creditors: Amounts falling due within one year | 8 | (149,362) | (149,196)
Net current assets |  | 230,356 | 324,474
Net assets attributable to members |  | 17,207,375 | 17,152,950
Represented by: |  |  |
Total members' interests |  |  |
Members' capital classified as equity |  | 17,207,375 | 17,152,950
|  | 17,207,375 | 17,152,950

For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of DPPJ Holdings LLP (registered number OC431414) were approved by the Board and authorised for issue on 14 January 2026. They were signed on behalf of the limited liability partnership by:

DPPJ Holdings LLP

(Registration number: OC431414)
Balance Sheet as at 31 March 2025 (continued)

......................................... Mr David Pratley Designated member

DPPJ Holdings LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

General information and basis of accounting

The limited liability partnership is incorporated in United Kingdom under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The functional currency of DPPJ Holdings LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.
Consolidation of the results of certain subsidiary undertakings, the provision for annuities to current and former members, pension scheme charges, the spreading of acquisition integration costs and the treatment of long leasehold interests are all items which may generate differences between profits calculated for the purpose of allocation and those reported within the financial statements. Where such differences arise, they have been included within other amounts in the balance sheet.
Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.
The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

DPPJ Holdings LLP

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

1 | Accounting policies (continued)

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class | Depreciation method and rate
Motor vehicles | 20% reducing balance

Fixed asset investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the limited liability partnership does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

DPPJ Holdings LLP

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

1 | Accounting policies (continued)

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

Financial instruments

Classification

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a finance transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the limited liability partnership intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2 | Other interest receivable and similar income

| 2025 £ | 2024 £
Other interest receivable and similar income | 2,481 | 15,353
| 2,481 | 15,353

DPPJ Holdings LLP

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

3 | Interest payable and similar charges

| 2025 £ | 2024 £
Loan interest | 46,583 | 45,127

4 | Particulars of employees

The average number of persons employed by the limited liability partnership (including members) during the year, was as follows:

| 2025 No. | 2024 No.
Members | 3 | 3
| 3 | 3

5 | Tangible fixed assets

| Investment Properties £ | Motor vehicles £ | Total £
Cost |  |  |
At 1 April 2024 | 9,444,800 | - | 9,444,800
Additions | - | 2,167 | 2,167
At 31 March 2025 | 9,444,800 | 2,167 | 9,446,967
Depreciation |  |  |
Charge for the year | - | 433 | 433
At 31 March 2025 | - | 433 | 433
Net book value |  |  |
At 31 March 2025 | 9,444,800 | 1,734 | 9,446,534
At 31 March 2024 | 9,444,800 | - | 9,444,800

The members are of the opinion that the investment properties have an open market value of £14,175,000 as at 31 March 2025.

DPPJ Holdings LLP

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

6 | Investments

| 2025 £ | 2024 £
Investment portfolio | 7,530,485 | 7,383,676

| Investment portfolio £
Valuation |
At 1 April 2024 | 7,383,676
Revaluation - increase in value over the year | 146,809
At 31 March 2025 | 7,530,485
Net book value |
At 31 March 2025 | 7,530,485
At 31 March 2024 | 7,383,676

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 29,431 | 70,687
Other debtors | 84,363 | 118,900
Prepayments and accrued income | 9,443 | 8,119
| 123,237 | 197,706

8 | Creditors: Amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 17,324 | 5,017
Other creditors | 99,702 | 133,780
Accruals and deferred income | 32,336 | 10,399
| 149,362 | 149,196