Registered No. OC373110 (England and Wales)
JEL Active LLP
Unaudited accounts
for the year ended 31 March 2024
JEL Active LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mr James Simon Lustigman
Mrs Madeleine Francesca Lustigman
Registered Number
OC373110 (England and Wales)
Registered Office
29 GARTHFIELD CRESCENT
NEWCASTLE UPON TYNE
NE5 2LY
ENGLAND
JEL Active LLP
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
51,407
58,099
Creditors: amounts falling due within one year
(28)
54
Net current assets
51,651
58,473
Net assets attributable to members
51,651
58,473
Loans and other debts due to members
51,650
58,473
Loans and other debts due to members
51,650
58,473
Members' other interests
1
-
For the year ending 31 March 2024 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 15 July 2024.
Mr James Simon Lustigman
Designated member
Limited Liability Partnership Registration No. OC373110
JEL Active LLP
Notes to the Accounts
for the year ended 31 March 2024
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.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned.
Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
JEL Active LLP is a limited liability partnership, incorporated in England and Wales, registration number OC373110. Its registered office is 29 GARTHFIELD CRESCENT, NEWCASTLE UPON TYNE, NE5 2LY, ENGLAND.
3
Creditors: amounts falling due within one year
2024
2023
Taxes and social security costs
(51)
(54)
4
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
51,650
58,473
Amounts falling due within one year
51,650
58,473
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 35 (2023: 32).