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REGISTERED NUMBER: OC394187 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

R & J Helicopters LLP

R & J Helicopters LLP (Registered number: OC394187)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & J Helicopters LLP

General Information
for the Year Ended 31 December 2023







DESIGNATED MEMBERS: Ms J E Dedman
Cullingworth Commercials and Freight Services Limited





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: OC394187 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

R & J Helicopters LLP (Registered number: OC394187)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,732,115 1,772,935

CURRENT ASSETS
Debtors 5 29,858 20,389
Cash at bank 168,014 121,818
197,872 142,207
CREDITORS
Amounts falling due within one year 6 12,028 6,586
NET CURRENT ASSETS 185,844 135,621
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,917,959

1,908,556

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

1,917,959

1,908,556

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 1,917,959 1,908,556

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 December 2023.

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.

R & J Helicopters LLP (Registered number: OC394187)

Balance Sheet - continued
31 December 2023


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 12 September 2024 and were signed by:





Cullingworth Commercials and Freight Services Limited - Designated member

R & J Helicopters LLP (Registered number: OC394187)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

R & J Helicopters LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Aircraft fixtures & fittings - 15% on reducing balance
Aircraft - 2% on cost

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Aircraft
fixtures
& fittings Aircraft Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 15,246 2,010,000 2,025,246
DEPRECIATION
At 1 January 2023 11,111 241,200 252,311
Charge for year 620 40,200 40,820
At 31 December 2023 11,731 281,400 293,131
NET BOOK VALUE
At 31 December 2023 3,515 1,728,600 1,732,115
At 31 December 2022 4,135 1,768,800 1,772,935

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,469 -
Prepayments 20,389 20,389
29,858 20,389

R & J Helicopters LLP (Registered number: OC394187)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,298 666
VAT 8,380 1,470
Other creditors - 3,100
Accruals and deferred income 1,350 1,350
12,028 6,586

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests

8. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies with common directors to the LLP's members and under common control amounted to £1,202,232 (2022: £947,153).