IRIS Accounts Production v24.3.2.46 OC396027 designated member 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3960272023-03-31OC3960272024-03-31OC3960272023-04-012024-03-31OC3960272022-03-31OC3960272022-04-012023-03-31OC3960272023-03-31OC396027ns15:EnglandWales2023-04-012024-03-31OC396027ns14:PoundSterling2023-04-012024-03-31OC396027ns10:PartnerLLP12023-04-012024-03-31OC396027ns10:LimitedLiabilityPartnershipLLP2023-04-012024-03-31OC396027ns10:SmallEntities2023-04-012024-03-31OC396027ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC396027ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31OC396027ns10:LimitedLiabilityPartnershipsSORP2023-04-012024-03-31OC396027ns10:FullAccounts2023-04-012024-03-31OC396027ns10:PartnerLLP22023-04-012024-03-31OC396027ns10:RegisteredOffice2023-04-012024-03-31OC396027ns5:CurrentFinancialInstruments2024-03-31OC396027ns5:CurrentFinancialInstruments2023-03-31OC396027ns5:Non-currentFinancialInstruments2024-03-31OC396027ns5:Non-currentFinancialInstruments2023-03-31OC396027ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31OC396027ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31OC396027ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-31OC396027ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-03-31
REGISTERED NUMBER: OC396027 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Joint Operations (UK) LLP

Joint Operations (UK) LLP (Registered number: OC396027)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Joint Operations (UK) LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: S M Coles
DR L Forster
R M Forster





REGISTERED OFFICE: Unit 11
Bincknoll Lane
Royal Wootton Bassett
Wiltshire
SN4 8SY





REGISTERED NUMBER: OC396027 (England and Wales)





ACCOUNTANTS: Monahans
Chartered Accountants
Hermes House
Fire Fly Avenue
Swindon
Wiltshire
SN2 2GA

Joint Operations (UK) LLP (Registered number: OC396027)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks - 186
Debtors 4 633,328 596,658
Cash at bank 509 16,978
633,837 613,822
CREDITORS
Amounts falling due within one year 5 616,836 387,897
NET CURRENT ASSETS 17,001 225,925
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,001

225,925

CREDITORS
Amounts falling due after more than one
year

6

17,001

225,925
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

TOTAL MEMBERS' INTERESTS
Amounts due from members 4 (485,703 ) (459,135 )

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 31 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 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 21 March 2025 and were signed by:





R M Forster - Designated member

Joint Operations (UK) LLP (Registered number: OC396027)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Joint Operations (UK) 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.

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as 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.

Tangible assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 4,922
Amounts due from members 485,703 459,135
Other debtors 147,625 132,601
633,328 596,658

Joint Operations (UK) LLP (Registered number: OC396027)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 209,093 207,210
Finance leases 423 14,949
Trade creditors - 71,654
VAT 2,090 12,083
Other creditors 400,530 76,001
Accrued expenses 4,700 6,000
616,836 387,897

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 17,001 224,792
Finance leases - 1,133
17,001 225,925