Limited Liability Partnership registration number OC445275 (England and Wales)
JAMES FAMILY PARTNERSHIP LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
JAMES FAMILY PARTNERSHIP LLP
CONTENTS
Page
Statement of comprehensive income
Balance sheet
1
Reconciliation of members' interests
2
Notes to the financial statements
3
JAMES FAMILY PARTNERSHIP LLP
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
Notes
£
£
Represented by:
The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.
For the financial Period ended 31 March 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small limited liability partnerships.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.
The financial statements were approved by the members and authorised for issue on 1 October 2024 and are signed on their behalf by:
01 October 2024
Mr N S James
Mrs N J James
Designated member
Designated Member
Limited Liability Partnership registration number OC445275 (England and Wales)
JAMES FAMILY PARTNERSHIP LLP
RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD ENDED 31 MARCH 2024
- 2 -
Current financial year
TOTAL
MEMBERS'
INTERESTS
Total
2024
£
Members' interests at 6 January 2023
-
Result for the Period available for discretionary division among members
-
Members' interests after loss for the Period
-
Members' interests at 31 March 2024
-
JAMES FAMILY PARTNERSHIP LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Limited liability partnership information
James Family Partnership LLP is a limited liability partnership incorporated in England and Wales. The registered office is 7 St Pauls Road, Newton Abbot, Devon, TQ12 2HP.
The limited liability partnership's principal activities are disclosed in the Members' Report.
1.1
Accounting convention
These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2
Employees
The average number of persons (excluding members) employed by the partnership during the Period was:
2024
Number
Total
3
Information in relation to members
2024
Number
Average number of members during the Period
2