Registered No. OC373569 (England and Wales)
DEO VOLENTE LEGAL LLP
Unaudited accounts
for the year ended 31 March 2022
DEO VOLENTE LEGAL LLP
LLP Information
for the year ended 31 March 2022
Designated members
Mr Keith Mogola Khupe BOTHONGO
Registered Number
OC373569 (England and Wales)
Registered Office
Howard House
2nd Floor
Bedford
England
MK42 0DJ
Accountants
Nextin Accountants
38P
Alum Rock Road
Birmingham
West Midlands
B8 1JA
DEO VOLENTE LEGAL LLP
Statement of financial position
as at 31 March 2022
Tangible assets
80,733
100,917
Cash at bank and in hand
20,012
33,449
Creditors: amounts falling due within one year
(88,564)
(159,051)
Net current liabilities
(25,364)
(49,921)
Total assets less current liabilities
55,369
50,996
Creditors: amounts falling due after more than one year
(110,000)
(150,000)
Net liabilities attributable to members
(54,631)
(99,004)
Loans and other debts due to members
(60,557)
-
Members' capital classified as equity
(9,201)
(9,201)
Other reserves
15,127
(89,803)
Loans and other debts due to members
(60,557)
-
Members' other interests
5,926
(99,004)
For the year ending 31 March 2022 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 30 December 2022.
Mr Qamar Ur Rehman
Designated member
Limited Liability Partnership Registration No. OC373569
DEO VOLENTE LEGAL LLP
Notes to the Accounts
for the year ended 31 March 2022
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on WDV
DEO VOLENTE LEGAL LLP is a limited liability partnership, incorporated in England and Wales, registration number OC373569. Its registered office is Howard House , 2nd Floor, Bedford , England , MK42 0DJ.
3
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2021
43,892
110,007
153,899
At 31 March 2022
43,892
110,007
153,899
At 1 April 2021
25,480
27,502
52,982
Charge for the year
3,683
16,501
20,184
At 31 March 2022
29,163
44,003
73,166
At 31 March 2022
14,729
66,004
80,733
At 31 March 2021
18,412
82,505
100,917
4
Creditors: amounts falling due within one year
2022
2021
Taxes and social security costs
88,564
134,981
5
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
110,000
150,000
DEO VOLENTE LEGAL LLP
Notes to the Accounts
for the year ended 31 March 2022
6
Loans and other debts due to members
2022
2021
Amounts due to members in respect of profits
(60,557)
-
Amounts falling due within one year
(60,557)
-
7
Average number of employees
During the year the average number of employees was 15 (2021: 11).