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REGISTERED NUMBER: OC428177 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 July 2024

for

SJRCG LLP

SJRCG LLP (Registered number: OC428177)






Contents of the Financial Statements
For The Year Ended 31 July 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SJRCG LLP

General Information
For The Year Ended 31 July 2024







DESIGNATED MEMBERS: S J Griston
A V Wilson





REGISTERED OFFICE: 8 Pond Cottages
London
SE21 7LE





REGISTERED NUMBER: OC428177 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

SJRCG LLP (Registered number: OC428177)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,130,000 2,130,000

CURRENT ASSETS
Debtors 5 1,543,689 1,543,540
Cash at bank 34,431 50,161
1,578,120 1,593,701
CREDITORS
Amounts falling due within one year 6 417,394 403,159
NET CURRENT ASSETS 1,160,726 1,190,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,290,726

3,320,542

CREDITORS
Amounts falling due after more than one
year

7

855,156

916,555
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,435,570

2,403,987

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

2,435,570

2,403,987

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 2,435,570 2,403,987

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 July 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.

SJRCG LLP (Registered number: OC428177)

Balance Sheet - continued
31 July 2024


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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 3 December 2024 and were signed by:





S J Griston - Designated member

SJRCG LLP (Registered number: OC428177)

Notes to the Financial Statements
For The Year Ended 31 July 2024

1. STATUTORY INFORMATION

SJRCG 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEE INFORMATION

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 2,130,000
NET BOOK VALUE
At 31 July 2024 2,130,000
At 31 July 2023 2,130,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2021 2,130,000

SJRCG LLP (Registered number: OC428177)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 2,360 -
Other debtors 1,541,329 1,543,540
1,543,689 1,543,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,648 10,648
VAT 7,311 8,175
Other creditors 361,646 371,546
Accruals and deferred income 10,790 10,790
Accrued expenses 26,999 2,000
417,394 403,159

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans - 2-5 years 11,156 20,555
Loan over 5 years 844,000 896,000
855,156 916,555

Amounts falling due in more than five years:

Repayable by instalments
Loan over 5 years 844,000 896,000

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Loan over 5 years 844,000 896,000

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members capital ranks after other creditors on a winding up.