Registered No. NC001696 (Northern Ireland)
Jemrob Developments LLP
Unaudited accounts
for the year ended 30 September 2024
Jemrob Developments LLP
Statement of financial position
as at 30 September 2024
Inventories
237,175
229,410
Cash at bank and in hand
1,545
6,609
Creditors: amounts falling due within one year
(20,202)
(15,897)
Net current assets
219,052
220,122
Net assets attributable to members
219,052
220,122
Loans and other debts due to members
219,052
220,122
Loans and other debts due to members
219,052
220,122
For the year ending 30 September 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 31 May 2025.
Mr. Arthur Tim Robinson
Designated member
Limited Liability Partnership Registration No. NC001696
Jemrob Developments LLP
Notes to the Accounts
for the year ended 30 September 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
The members believe that the company Jemrob Developments LLP has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of property 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.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Inventories in respect of development property have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Jemrob Developments LLP is a limited liability partnership, incorporated in Northern Ireland, registration number NC001696. Its registered office is Unit 2 Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT3 9DE.
3
Creditors: amounts falling due within one year
2024
2023
Other creditors
19,602
15,297
Jemrob Developments LLP
Notes to the Accounts
for the year ended 30 September 2024
4
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
219,052
220,122
Amounts falling due within one year
219,052
220,122
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).