Distinct Investments LLP - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: OC365322 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Distinct Investments LLP

Page

General Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr R Hyde

Mrs K McCarthy

Mrs D N J Kirk

REGISTERED OFFICE:

9 Albion Place

Doncaster

South Yorkshire

DN1 2EG

REGISTERED NUMBER:

OC365322 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

CURRENT ASSETS

Debtors

4,050

4,050

Cash at bank and in hand

109

109

4,159

4,159

CREDITORS

Amounts falling due within one year

5

3,204

3,204

NET CURRENT ASSETS

955

955

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

955

955

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

855

855

MEMBERS' OTHER INTERESTS

Capital accounts

100

100

955

955

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

855

855

Members' other interests

100

100

Amounts due from members

(4,050

)

(4,050

)

(3,095

)

(3,095

)

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 2022.

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 9 December 2022 and were signed by:

Mr R Hyde - Designated member

1.	STATUTORY INFORMATION

Distinct Investments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

Turnover

Turnover represents amounts earned on commissions earned during the year and derives from the provision of services falling within the company's ordinary activities.

4.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other creditors

3,204

3,204

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members' (other than members' capital classified as debt) rank equal in relation to other creditors.