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REGISTERED NUMBER: OC431623 (England and Wales)












REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

COHEN & JENNER FAMILY PARTNERSHIP LLP

COHEN & JENNER FAMILY PARTNERSHIP LLP (REGISTERED NUMBER: OC431623)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


COHEN & JENNER FAMILY PARTNERSHIP LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DESIGNATED MEMBERS: M A Cohen
Catalonia Residential Limited





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: OC431623 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

COHEN & JENNER FAMILY PARTNERSHIP LLP (REGISTERED NUMBER: OC431623)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 31ST MARCH 2024

The members present their report with the financial statements of the LLP for the year ended 31st March 2024.

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

M A Cohen
Catalonia Residential Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £142,466 (2023 - £186,534 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





M A Cohen - Designated member


14th March 2025

COHEN & JENNER FAMILY PARTNERSHIP LLP (REGISTERED NUMBER: OC431623)

INCOME STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2024

2024 2023
Notes £    £   

TURNOVER 670,983 541,748

Administrative expenses 261,715 218,917
409,268 322,831

Other operating income - 50,000
OPERATING PROFIT 409,268 372,831


Interest payable and similar expenses 266,802 186,297
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


142,466


186,534

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


142,466


186,534

Members' remuneration charged as an
expense

4

(142,466

)

(186,534

)
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

COHEN & JENNER FAMILY PARTNERSHIP LLP (REGISTERED NUMBER: OC431623)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 9,685,000 9,685,000

CURRENT ASSETS
Cash at bank - 8,414

CREDITORS
Amounts falling due within one year 6 7,700 5,060
NET CURRENT (LIABILITIES)/ASSETS (7,700 ) 3,354
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,677,300

9,688,354

CREDITORS
Amounts falling due after more than one
year

7

6,251,276

6,245,364
NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,426,024

3,442,990

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

3,426,024

3,442,990

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 3,426,024 3,442,990

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 March 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 14th March 2025 and were signed by:



M A Cohen - Designated member

COHEN & JENNER FAMILY PARTNERSHIP LLP (REGISTERED NUMBER: OC431623)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Cohen & Jenner Family Partnership 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

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

4. INFORMATION IN RELATION TO MEMBERS
2024 2023
£    £   
Members' remuneration charged as an expense
Automatic division of profit 142,466 186,534

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1st April 2023
and 31st March 2024 9,685,000
NET BOOK VALUE
At 31st March 2024 9,685,000
At 31st March 2023 9,685,000

COHEN & JENNER FAMILY PARTNERSHIP LLP (REGISTERED NUMBER: OC431623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31st March 2024 is represented by:

Land and
buildings
£   
Valuation in 2022 (20,000 )
Valuation in 2023 50,000
Cost 9,655,000
9,685,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 7,700 5,060

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 6,251,276 6,245,364

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 3,426,024 3,442,990

Falling due within one year 3,426,024 3,442,990

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