REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 |
FOR |
DCH ESTATES PARTNERSHIP LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 |
FOR |
DCH ESTATES PARTNERSHIP LLP |
DCH ESTATES PARTNERSHIP LLP (REGISTERED NUMBER: OC418519) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2022 |
Page |
General Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
DCH ESTATES PARTNERSHIP LLP |
GENERAL INFORMATION |
for the Year Ended 31 December 2022 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
DCH ESTATES PARTNERSHIP LLP (REGISTERED NUMBER: OC418519) |
STATEMENT OF FINANCIAL POSITION |
31 December 2022 |
31.12.22 | 31.12.21 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
100 |
100 |
OTHER RESERVES | - | - |
MEMBERS' CAPITAL |
Capital accounts | 100 | 100 |
100 | 100 |
TOTAL MEMBERS' INTERESTS |
Members' capital | 100 | 100 |
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. |
DCH ESTATES PARTNERSHIP LLP (REGISTERED NUMBER: OC418519) |
STATEMENT OF FINANCIAL POSITION - continued |
31 December 2022 |
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. |
The financial statements were approved by the members of the LLP and authorised for issue on |
DCH ESTATES PARTNERSHIP LLP (REGISTERED NUMBER: OC418519) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2022 |
1. | ACCOUNTING POLICIES |
General information and basis of accounting |
DCH Estates Partnership LLP is a limited liability partnership and is incorporated in England and Wales. The address of the registered office is 5 The Triangle, Wildwood Drive, Worcester, Worcestershire, WR5 2QX. The nature of the LLP's operations and its principle activity was that of delivering infrastructure investment solutions,estates development and other services to Dorset County Hospital. |
The LLP's financial statements have been prepared in compliance with FRS 102 "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", as applied to small entities and the Companies Act 2006. |
The financial statements have been prepared under the historical cost convention and on a going concern basis. |
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. |
Preparation of consolidated financial statements |
The financial statements contain information about DCH Estates Partnership LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements. |
Exemptions |
In accordance with the small companies regime, no cash flow statement is required to be presented as the LLP qualifies as a small entity as defined in the Companies Act 2006. |
Investments in subsidiaries |
Investments represent shares in subsidiary undertakings which are valued at cost less accumulated impairment losses. |
An impairment review is carried out by comparing the carrying value of investments with a valuation of the |
individual subsidiary company. Given the nature of the group activities the valuation of subsidiaries is generally based on their underlying net asset value. |
Critical accounting judgements and estimates |
In preparing these financial statements the directors are required to make a number of judgements and make estimates and assumptions concerning the future. There are no judgements or estimates that are deemed significant in the context of these financial statements. |
2. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2021 - NIL). |
DCH ESTATES PARTNERSHIP LLP (REGISTERED NUMBER: OC418519) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 December 2022 |
3. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 January 2022 |
and 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 31 December 2021 |
The LLP's investments at the Statement of Financial Position date in the share capital of companies include the following: |
Registered office: 5 The Triangle, Wildwood Drive,Worcester,WR5 2QX |
Nature of business: |
% |
Class of shares: | holding |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Amounts owed to group undertakings |
6. | RELATED PARTY DISCLOSURES |
The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the LLP's group. |
7. | ULTIMATE CONTROLLING PARTY |
The LLP is jointly controlled by Dorset County Hospital NHS Foundation Trust and Partnering Solutions (Dorset) Limited. There is no ultimate controlling party. |