IRIS Accounts Production v24.3.0.553 OC421067 designated member 1.3.23 29.2.24 29.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4210672023-02-28OC4210672024-02-29OC4210672023-03-012024-02-29OC4210672022-02-28OC4210672022-03-012023-02-28OC4210672023-02-28OC421067ns15:EnglandWales2023-03-012024-02-29OC421067ns14:PoundSterling2023-03-012024-02-29OC421067ns10:PartnerLLP12023-03-012024-02-29OC421067ns10:LimitedLiabilityPartnershipLLP2023-03-012024-02-29OC421067ns10:SmallEntities2023-03-012024-02-29OC421067ns10:AuditExemptWithAccountantsReport2023-03-012024-02-29OC421067ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-29OC421067ns10:LimitedLiabilityPartnershipsSORP2023-03-012024-02-29OC421067ns10:FullAccounts2023-03-012024-02-29OC42106712023-03-012024-02-29OC421067ns10:PartnerLLP22023-03-012024-02-29OC421067ns10:RegisteredOffice2023-03-012024-02-29OC421067ns5:CurrentFinancialInstruments2024-02-29OC421067ns5:CurrentFinancialInstruments2023-02-28OC421067ns5:Non-currentFinancialInstruments2024-02-29OC421067ns5:Non-currentFinancialInstruments2023-02-28OC421067ns5:CapitalRedemptionReserve2024-02-29OC421067ns5:CapitalRedemptionReserve2023-02-28OC421067ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-29OC421067ns5:PatentsTrademarksLicencesConcessionsSimilar2023-03-012024-02-29OC421067ns5:OwnedAssets2023-03-012024-02-29OC421067ns5:OwnedAssets2022-03-012023-02-28OC421067ns5:PatentsTrademarksLicencesConcessionsSimilar2022-03-012023-02-28OC421067ns5:IntangibleAssetsOtherThanGoodwill2023-02-28OC421067ns5:IntangibleAssetsOtherThanGoodwill2024-02-29OC421067ns5:IntangibleAssetsOtherThanGoodwill2023-02-28OC421067ns5:PlantMachinery2023-02-28OC421067ns5:PlantMachinery2023-03-012024-02-29OC421067ns5:PlantMachinery2024-02-29OC421067ns5:PlantMachinery2023-02-28OC421067ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29OC421067ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: OC421067 (England and Wales)















Report of the Members and

Unaudited Financial Statements

for the Year Ended 29th February 2024

for

JBJT LLP

JBJT LLP (Registered number: OC421067)






Contents of the Financial Statements
for the year ended 29th February 2024




Page

General Information 1

Report of the Members 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


JBJT LLP

General Information
for the year ended 29th February 2024







DESIGNATED MEMBERS: Miss J L Bird
Mr J S Toddington





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: OC421067 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

JBJT LLP (Registered number: OC421067)

Report of the Members
for the year ended 29th February 2024

The members present their report with the financial statements of the LLP for the year ended 29th February 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of

DESIGNATED MEMBERS
The designated members during the year under review were:

Miss J L Bird
Mr J S Toddington

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £56,390 (2023 - £59,266 profit).

MEMBERS' INTERESTS

STATEMENT OF MEMBERS' RESPONSIBILITIES
The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under legislation applicable to limited liability partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE MEMBERS:





Miss J L Bird - Designated member


31st January 2025

JBJT LLP

Report of the Accountants to the Members of
JBJT LLP


As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29th February 2024 set out on pages four to nine and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE


Date: .............................................

JBJT LLP (Registered number: OC421067)

Income Statement
for the year ended 29th February 2024

2024 2023
Notes £    £   

TURNOVER 135,840 118,631

Cost of sales 65,277 47,638
GROSS PROFIT 70,563 70,993

Administrative expenses 14,032 11,548
OPERATING PROFIT 4 56,531 59,445


Interest payable and similar expenses 141 179
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




56,390




59,266

JBJT LLP (Registered number: OC421067)

Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 - 158
- 158

CURRENT ASSETS
Debtors 7 34,384 32,262
Cash at bank 14,096 17,325
48,480 49,587
CREDITORS
Amounts falling due within one year 8 1,370 1,020
NET CURRENT ASSETS 47,110 48,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,110

48,725

CREDITORS
Amounts falling due after more than one year 9 4,667 6,282
NET ASSETS ATTRIBUTABLE TO
MEMBERS

42,443

42,443

JBJT LLP (Registered number: OC421067)

Balance Sheet - continued
29th February 2024

2024 2023
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Other reserves 42,443 42,443
42,443 42,443

TOTAL MEMBERS' INTERESTS
Members' other interests 42,443 42,443
Amounts due from members 7 (30,791 ) (26,994 )
11,652 15,449

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 29th February 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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 31st January 2025 and were signed by:





Miss J L Bird - Designated member

JBJT LLP (Registered number: OC421067)

Notes to the Financial Statements
for the year ended 29th February 2024

1. STATUTORY INFORMATION

JBJT 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 158 471
Patents and licences amortisation - 2,900

JBJT LLP (Registered number: OC421067)

Notes to the Financial Statements - continued
for the year ended 29th February 2024

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st March 2023
and 29th February 2024 14,500
AMORTISATION
At 1st March 2023
and 29th February 2024 14,500
NET BOOK VALUE
At 29th February 2024 -
At 28th February 2023 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2023
and 29th February 2024 2,355
DEPRECIATION
At 1st March 2023 2,197
Charge for year 158
At 29th February 2024 2,355
NET BOOK VALUE
At 29th February 2024 -
At 28th February 2023 158

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,593 5,268
Other debtors 30,791 26,994
34,384 32,262

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,370 1,020

JBJT LLP (Registered number: OC421067)

Notes to the Financial Statements - continued
for the year ended 29th February 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 4,667 6,282