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REGISTERED NUMBER: OC415859 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st October 2024

for

MARTIN JAMES HOMES LLP

MARTIN JAMES HOMES LLP (REGISTERED NUMBER: OC415859)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MARTIN JAMES HOMES LLP

General Information
for the Year Ended 31st October 2024







DESIGNATED MEMBERS: Kells Holdings Ltd
Wellow Holdings Limited
Hosay Building Services Ltd





REGISTERED OFFICE: Unit 2, Riverside Ind Park
Coneger Road
Eastleigh
Hampshire
SO50 6JQ





REGISTERED NUMBER: OC415859 (England and Wales)





ACCOUNTANTS: Graham Martin & Co
Accountants
89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ

MARTIN JAMES HOMES LLP (REGISTERED NUMBER: OC415859)

Balance Sheet
31st October 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 2,621,764 2,498,672
Debtors 905 -
Cash at bank 1,653,566 5,528
4,276,235 2,504,200
CREDITORS
Amounts falling due within one year 4 125,741 860
NET CURRENT ASSETS 4,150,494 2,503,340
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

4,150,494

2,503,340

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

4,150,494

2,503,340

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 4,150,494 2,503,340
Amounts due from members (905 ) -
4,149,589 2,503,340

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 31st October 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.

MARTIN JAMES HOMES LLP (REGISTERED NUMBER: OC415859)

Balance Sheet - continued
31st October 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 27th January 2025 and were signed by:




Kells Holdings Ltd - Designated member




Wellow Holdings Limited - Designated member


MARTIN JAMES HOMES LLP (REGISTERED NUMBER: OC415859)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEE INFORMATION

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84,221 -
Other creditors 41,520 860
125,741 860

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally in relation to other creditors.