OC418242falserental property and management.2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:LimitedLiabilityPartnershipLLP2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:Director32023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: OC418242

JPN Estates LLP

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

Prepared By:
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU

JPN Estates LLP

CONTENTS
Page
Report of the Members-
Report of the Accountants-
Profit and Loss Account-
Balance Sheet3
Notes to the Accounts4
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account-
Profit and Loss Account Summaries-
Capital Accounts-
Current Accounts-

JPN Estates LLP

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DESIGNATED MEMBERS
John Patterson
Nicola C Patterson-Evans
Shirley Patterson (passed away 31 March 2023)
REGISTERED OFFICE
74 High Street
Fishguard
Pembrokeshire
SA65 9AU
COMPANY NUMBER
OC418242
ACCOUNTANTS
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU

JPN Estates LLP

BALANCE SHEET AT 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets21,736,0751,736,115
CURRENT ASSETS
Cash at bank and in hand4,7474,767
4,7474,767
CREDITORS: Amounts falling due within one year2,313800
NET CURRENT ASSETS2,4343,967
TOTAL ASSETS LESS CURRENT LIABILITIES1,738,5091,740,082
CREDITORS: Amounts falling due after more than oneyear4177,985181,730
NET ASSETS ATTRIBUTABLE TO MEMBERS1,560,5241,558,352
LOANS AND OTHER DEBTS DUE TO MEMBERS1,560,5241,558,352
MEMBERS ' OTHER INTERESTS
1,560,5241,558,352
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members1,560,5241,558,352
1,560,5241,558,352
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 9 October 2023 and signed on their behalf by
.............................
Nicola C Patterson-Evans
Designated Member

JPN Estates LLP

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryTotal
£££
Cost
At 1 April 20231,735,8456381,736,483
At 31 March 20241,735,8456381,736,483
Depreciation
At 1 April 2023-368368
For the year-4040
At 31 March 2024-408408
Net Book Amounts
At 31 March 20241,735,8452301,736,075
At 31 March 20231,735,8452701,736,115
No depreciation is provided on freehold property as the amount that is depreciated is the difference between cost and residual value. In the opinion of the directors, the residual value of the property is at least cost and there is therefore no depreciation to provide.

JPN Estates LLP

3. EMPLOYEES
20242023
No.No.
Average number of employees--
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts177,985181,730
177,985181,730