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REGISTERED NUMBER: OC341984 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 30 June 2024

for

Jaynic Investments LLP

Jaynic Investments LLP (Registered number: OC341984)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Jaynic Investments LLP

General Information
for the Year Ended 30 June 2024







DESIGNATED MEMBERS: N S Rumsey
Mrs J E Rumsey





REGISTERED OFFICE: The EpiCentre
Enterprise Way
Withersfield
Haverhill
CB9 7LR





REGISTERED NUMBER: OC341984 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

Jaynic Investments LLP (Registered number: OC341984)

Report of the Members
for the Year Ended 30 June 2024

The members present their report with the financial statements of the LLP for the year ended 30 June 2024.

PRINCIPAL ACTIVITY
The LLP did not trade in either the current or the previous year.

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

N S Rumsey
Mrs J E Rumsey

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £79,249 (2023 - £554,575 profit).

MEMBERS' INTERESTS
The total members capital at the year end was £2,243,556. This amount is intended to be held for the long term.

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:





N S Rumsey - Designated member


26 March 2025

Jaynic Investments LLP (Registered number: OC341984)

Income Statement
for the Year Ended 30 June 2024

2024 2023
Notes £    £   

TURNOVER - -

Administrative expenses 10,745 (510,674 )
OPERATING (LOSS)/PROFIT 4 (10,745 ) 510,674

Interest receivable and similar income 89,994 43,901
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




79,249




554,575

Jaynic Investments LLP (Registered number: OC341984)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 6,732

CURRENT ASSETS
Debtors 6 168 -
Cash at bank 2,931,140 3,006,223
2,931,308 3,006,223
CREDITORS
Amounts falling due within one year 7 687,752 539,916
NET CURRENT ASSETS 2,243,556 2,466,307
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,243,556

2,473,039

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

2,243,556

2,473,039

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 2,243,556 2,473,039

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 30 June 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.

Jaynic Investments LLP (Registered number: OC341984)

Balance Sheet - continued
30 June 2024


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 26 March 2025 and were signed by:





N S Rumsey - Designated member

Jaynic Investments LLP (Registered number: OC341984)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Jaynic Investments 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.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Tangible fixed assets
Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates, in order to write off each asset over its estimated useful life:

Plant and machinery etc - straight line over 3 years or 10 years according to the type of asset

Financial instruments
The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities, including debtors, creditors and bank balances. Basic short term financial assets are measured at the transaction price, less any impairment and basic short term financial liabilities are measured at the transaction price.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - 3 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 4,593 4,592

Jaynic Investments LLP (Registered number: OC341984)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 46,594
Disposals (46,594 )
At 30 June 2024 -
DEPRECIATION
At 1 July 2023 39,862
Charge for year 4,593
Eliminated on disposal (44,455 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 6,732

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 168 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to related parties 684,753 534,365
Other creditors 2,999 5,551
687,752 539,916

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 2,243,556 2,473,039

Falling due within one year 2,243,556 2,473,039

In the event of the Limited Liability Partnership being wound up, all unsecured creditors would rank equally. There is no provision for specific legal enforceable protection afforded to creditors in such an event. There are no restrictions or limitations that exist on the members to reduce the 'Members other interest'.