JBL Property Group Investments LLP |
Registered number: |
OC447675 |
Balance Sheet |
as at 31 March 2024 |
Notes |
|
2024 |
|
£ |
|
Current assets |
|
|
|
|
Debtors |
3 |
|
19,575 |
Cash at bank and in hand |
|
|
252 |
|
|
|
19,827 |
|
|
Creditors: amounts falling due within one year |
4 |
|
(19,419) |
|
Net current assets |
|
|
408 |
|
|
|
|
|
|
Total assets less current liabilities |
|
|
408 |
|
|
|
Net assets attributable to members |
408 |
|
|
|
|
|
|
Represented by: |
Loans and other debts due to members |
5 |
|
408 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
408 |
|
|
|
|
|
|
Total members' interests |
Loans and other debts due to members |
5 |
|
408 |
|
|
|
|
408 |
|
|
|
|
|
|
For the period ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs). |
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
These accounts were approved by the members on 29 January 2025 and signed on their behalf by: |
|
|
John Bram Levine |
Designated member |
|
JBL Property Group Investments LLP |
Notes to the Accounts |
for the period from 8 June 2023 to 31 March 2024 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships. |
|
|
Going Concern Disclosure |
|
The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. |
|
|
Taxation |
|
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
|
2 |
Employees |
2024 |
|
Number |
|
|
|
Average number of persons employed by the LLP |
0 |
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2024 |
|
£ |
|
|
|
Other debtors |
19,575 |
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
£ |
|
|
|
Amounts owed to group undertakings and undertakings in which the LLP has a participating interest |
|
18,919 |
|
Other creditors |
500 |
|
|
|
|
|
|
19,419 |
|
|
|
|
|
|
|
|
|
|
5 |
Loans and other debts due to members |
2024 |
|
£ |
|
|
|
Members capital classified as debt |
408 |
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
408 |
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
6 |
Other information |
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JBL Property Group Investments LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
Building 18, Gateway 1000 |
|
Whittle Way, Arlington Business Park, |
|
Stevenage |
|
Hertfordshire |
|
SG1 2FP |