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REGISTERED NUMBER: OC368663 (England and Wales)


















Report of the Members and

Financial Statements

for the Year Ended 31 March 2024

for

Jago Corp LLP

Jago Corp LLP (Registered number: OC368663)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Jago Corp LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Mr L E Cory
Jago Corporate Finance Limited





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





REGISTERED NUMBER: OC368663 (England and Wales)





ACCOUNTANTS: Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Jago Corp LLP (Registered number: OC368663)

Report of the Members
for the Year Ended 31 March 2024

The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

CESSATION OF TRADING
The LLP ceased trading on 31st March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of corporate finance services.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mr L E Cory
Jago Corporate Finance Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £18,101 (2023 - £16,850 profit).

MEMBERS' INTERESTS
Members receive a fixed share of the profit for the year, the undrawn portion of which is transferred to their capital accounts at the year end. The fixed share of profit is disclosed as Members' remuneration charged as an expense in these financial statements.

ON BEHALF OF THE MEMBERS:





Mr L E Cory - Designated member


23 July 2024

Jago Corp LLP (Registered number: OC368663)

Income Statement
for the Year Ended 31 March 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 34,000 20,250

Administrative expenses 15,899 3,400
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


18,101


16,850

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


18,101


16,850

Members' remuneration charged as an
expense

4

(18,101

)

(16,850

)
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

Jago Corp LLP (Registered number: OC368663)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 5 16,324 12,500
Cash at bank - 177,494
16,324 189,994
CREDITORS
Amounts falling due within one year 6 600 600
NET CURRENT ASSETS 15,724 189,394
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

15,724

189,394

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

15,724

189,394

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 15,724 189,394
Amounts due from members 5 (16,324 ) -
(600 ) 189,394

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 2024.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 23 July 2024 and were signed by:





Mr L E Cory - Designated member

Jago Corp LLP (Registered number: OC368663)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Jago Corp 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 represents net invoiced sales of services, excluding value added tax (having regard to the fulfilment of contractual obligations).

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2023 - 1 ) .

4. INFORMATION IN RELATION TO MEMBERS
31.3.24 31.3.23
£    £   
Members' remuneration charged as an expense
Automatic division of profit 18,101 16,850

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 1,500
Other debtors 16,324 11,000
16,324 12,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 600 600

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 31.3.23
£    £   
Amounts owed to members in respect of profits 15,724 189,394

Falling due within one year 15,724 189,394

There is a £ 16,324.19 debt to Mr L Cory, which the partners have written off in the accounts.