| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| FOR |
| JETLAND LLP |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 2024 |
| FOR |
| JETLAND LLP |
| JETLAND LLP (REGISTERED NUMBER: OC323172) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 October 2024 |
| Page |
| General Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| JETLAND LLP |
| GENERAL INFORMATION |
| for the year ended 31 October 2024 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 19-20 Bourne Court |
| Southend Road |
| Woodford Green |
| Essex |
| IG8 8HD |
| JETLAND LLP (REGISTERED NUMBER: OC323172) |
| ABRIDGED BALANCE SHEET |
| 31 October 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
23,691 |
26,491 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
23,691 |
26,491 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 6 | 23,691 | 26,491 |
| 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. |
| JETLAND LLP (REGISTERED NUMBER: OC323172) |
| ABRIDGED BALANCE SHEET - continued |
| 31 October 2024 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| JETLAND LLP (REGISTERED NUMBER: OC323172) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 October 2024 |
| 1. | STATUTORY INFORMATION |
| Jetland LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on the going concern basis as the members are of the opinion that the limited liability partnership will meet its liabilities as and when due, due to the continued support of the members. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Short term debtors and creditors |
| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2023 - NIL). |
| JETLAND LLP (REGISTERED NUMBER: OC323172) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 October 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 November 2023 |
| Additions |
| Disposals | ( |
) |
| At 31 October 2024 |
| DEPRECIATION |
| At 1 November 2023 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| At 31 October 2023 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Totals |
| £ |
| COST |
| At 1 November 2023 | 72,224 |
| Transfer to ownership | (16,253 | ) |
| At 31 October 2024 | 55,971 |
| DEPRECIATION |
| At 1 November 2023 | 31,598 |
| Charge for year | 7,871 |
| Transfer to ownership | (7,111 | ) |
| At 31 October 2024 | 32,358 |
| NET BOOK VALUE |
| At 31 October 2024 | 23,613 |
| At 31 October 2023 | 40,626 |
| JETLAND LLP (REGISTERED NUMBER: OC323172) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 October 2024 |
| 5. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Hire purchase contracts | 31,514 | 36,427 |
| Hire purchase contracts are secured over the assets to which they relate. |
| 6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Other creditors take priority over loans and other debts due to members. |