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REGISTERED NUMBER: OC444170 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

J Y Rentals LLP

J Y Rentals LLP (Registered number: OC444170)

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










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J Y Rentals LLP

General Information
for the Year Ended 31 October 2024







DESIGNATED MEMBERS: J Afzal
Mrs Y Ditta





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: OC444170 (England and Wales)





ACCOUNTANTS: Turner Hampton
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

J Y Rentals LLP (Registered number: OC444170)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Investment property 4 1,400,000 1,400,000

CURRENT ASSETS
Cash at bank 5,024 16,200

CREDITORS
Amounts falling due within one year 5 (1,440 ) (1,140 )
NET CURRENT ASSETS 3,584 15,060
TOTAL ASSETS LESS CURRENT LIABILITIES 1,403,584 1,415,060

CREDITORS
Amounts falling due after more than one
year

6

(583,563

)

(586,311

)
NET ASSETS ATTRIBUTABLE TO MEMBERS 820,021 828,749

LOANS AND OTHER DEBTS DUE TO MEMBERS 7 820,021 828,749

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 820,021 828,749

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 October 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.

J Y Rentals LLP (Registered number: OC444170)

Balance Sheet - continued
31 October 2024


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 10 July 2025 and were signed by:




J Afzal - Designated member




Mrs Y Ditta - Designated member


J Y Rentals LLP (Registered number: OC444170)

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


1. STATUTORY INFORMATION

J Y Rentals 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 1,400,000
NET BOOK VALUE
At 31 October 2024 1,400,000
At 31 October 2023 1,400,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other creditors 1,440 1,140

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 583,563 586,311

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 583,563 586,311

J Y Rentals LLP (Registered number: OC444170)

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


7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.

8. ULTIMATE CONTROLLING PARTY

The LLP is under the joint control of designated members, Mr J Afzal and Mrs Y Ditta.