Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC367427 JRP Property Services Limited J Thomasson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC367427 2023-03-31 OC367427 2024-03-31 OC367427 2023-04-01 2024-03-31 OC367427 frs-core:CurrentFinancialInstruments 2024-03-31 OC367427 frs-core:Non-currentFinancialInstruments 2024-03-31 OC367427 frs-core:FurnitureFittings 2024-03-31 OC367427 frs-core:FurnitureFittings 2023-04-01 2024-03-31 OC367427 frs-core:FurnitureFittings 2023-03-31 OC367427 frs-core:MotorVehicles 2024-03-31 OC367427 frs-core:MotorVehicles 2023-04-01 2024-03-31 OC367427 frs-core:MotorVehicles 2023-03-31 OC367427 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC367427 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC367427 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC367427 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC367427 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC367427 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC367427 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC367427 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC367427 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC367427 2022-03-31 OC367427 2023-03-31 OC367427 2022-04-01 2023-03-31 OC367427 frs-core:CurrentFinancialInstruments 2023-03-31 OC367427 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: OC367427
JWT Infrastructures LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC367427
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,979 8,639
Investment Properties 5 100,000 120,000
138,979 128,639
CURRENT ASSETS
Cash at bank and in hand 60,433 45,822
60,433 45,822
Creditors: Amounts Falling Due Within One Year 7 (47,404 ) (76,187 )
NET CURRENT ASSETS (LIABILITIES) 13,029 (30,365 )
TOTAL ASSETS LESS CURRENT LIABILITIES 152,008 98,274
Creditors: Amounts Falling Due After More Than One Year 8 (12,231 ) (22,435 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 139,777 75,839
REPRESENTED BY:
Equity
Members' other interests
Members' capital 229,753 179,153
Other reserves (89,976) (103,314)
139,777 75,839
TOTAL MEMBERS' INTEREST
Members' other interests 139,777 75,839
139,777 75,839
Page 1
Page 2
For the year ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
J Thomasson
Designated Member
24/12/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JWT Infrastructures LLP is a limited liability partnership, incorporated in England & Wales, registered number OC367427 . The Registered Office is C/O DIGI Accountancy, 6th Floor, Parsonage Chambers, Manchester , M3 2HW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
There have been no judgements, estimates or assumptions made in the preparation of these financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% straight line
Fixtures & Fittings 20% straight line
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 April 2023 132,032 5,495 137,527
Additions 38,000 832 38,832
Disposals (106,300 ) (133 ) (106,433 )
As at 31 March 2024 63,732 6,194 69,926
Depreciation
As at 1 April 2023 126,258 2,630 128,888
Provided during the period (98,943 ) 1,135 (97,808 )
Disposals - (133 ) (133 )
As at 31 March 2024 27,315 3,632 30,947
Net Book Value
As at 31 March 2024 36,417 2,562 38,979
As at 1 April 2023 5,774 2,865 8,639
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 120,000
Revaluations (20,000)
As at 31 March 2024 100,000
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 34,627 24,421
Amounts owed to group undertakings 9,158 46,658
Other creditors 3,033 2,022
Taxation and social security 586 3,086
47,404 76,187
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,231 22,435
Page 4