SO300063falseconsultancy services2024-04-062025-04-05http://www.companieshouse.gov.uk/2024-04-05http://www.companieshouse.gov.uk/cd:Director12024-04-062025-04-05http://www.companieshouse.gov.uk/cd:Director22024-04-062025-04-05http://www.companieshouse.gov.uk/cd:LimitedLiabilityPartnershipLLP2024-04-062025-04-05http://www.companieshouse.gov.uk/cd:Director32024-04-062025-04-05http://www.companieshouse.gov.uk/pt:MotorCars2024-04-05http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-062025-04-05http://www.companieshouse.gov.uk/pt:MotorCars2025-04-05http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-062025-04-05http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-04-05http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-05http://www.companieshouse.gov.uk/2024-04-062025-04-05http://www.companieshouse.gov.uk/2024-04-05http://www.companieshouse.gov.uk/cd:FRS1022024-04-062025-04-05http://www.companieshouse.gov.uk/2025-04-05http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-062025-04-05iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SO300063

PJB MARINE LLP

ACCOUNTS
FOR THE YEAR ENDED 05/04/2025

Prepared By:
Lynham & Co
Chartered Accountants
9 Hampton Lane
Blackfield
Southampton
Hampshire
SO45 1ZA

PJB MARINE LLP

CONTENTS
Page
Report of the Members-
Profit and Loss Account-
Balance Sheet3
Notes to the Accounts4
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account-
Profit and Loss Account Summaries-
Capital Accounts-
Current Accounts-

PJB MARINE LLP

ACCOUNTS
FOR THE YEAR ENDED 05/04/2025
DESIGNATED MEMBERS
J E Fox
M W Welch
M Welch Jnr
REGISTERED OFFICE
Summit House
4-5 Mitchell Street
Edinburgh
Midlothian
EH6 7BD
COMPANY NUMBER
SO300063
ACCOUNTANTS
Lynham & Co
Chartered Accountants
9 Hampton Lane
Blackfield
Southampton
Hampshire
SO45 1ZA

PJB MARINE LLP

BALANCE SHEET AT 05/04/2025
20252024
Notes££
FIXED ASSETS
Tangible assets2213,555197,000
CURRENT ASSETS
Debtors35,4307,877
Cash at bank and in hand4,9831,025
10,4138,902
CREDITORS: Amounts falling due within one year25,69632,232
NET CURRENT LIABILITIES(15,283)(23,330)
TOTAL ASSETS LESS CURRENT LIABILITIES198,272173,670
CREDITORS: Amounts falling due after more than oneyear571,22446,606
NET ASSETS ATTRIBUTABLE TO MEMBERS127,048127,064
LOANS AND OTHER DEBTS DUE TO MEMBERS37,32637,342
MEMBERS ' OTHER INTERESTS
Capital accounts89,72289,722
127,048127,064
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members37,32637,342
Members' other interests89,72289,722
127,048127,064
For the year ending 05/04/2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 03/06/2025 and signed on their behalf by
.............................
M W Welch
Designated Member

PJB MARINE LLP

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 05/04/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor Carsreducing balance 10 & 20%
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1d. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

PJB MARINE LLP

2. TANGIBLE FIXED ASSETS
Motor CarsTotal
££
Cost
At 06/04/2024279,708279,708
Additions111,425111,425
Disposals(118,208)(118,208)
At 05/04/2025272,925272,925
Depreciation
At 06/04/202482,70882,708
Disposals(51,658)(51,658)
For the year28,32028,320
At 05/04/202559,37059,370
Net Book Amounts
At 05/04/2025213,555213,555
At 05/04/2024197,000197,000
.
The carrying value of motor vehicles includes £182,775 (2024 - £197,000) of assets held under finance arrangements.
3. DEBTORS 20252024
££
Amounts falling due within one year:
Trade debtors4,5005,100
Other Debtors9302,777
5,4307,877
4. EMPLOYEES
20252024
No.No.
Average number of employees--

PJB MARINE LLP

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans and overdrafts13,11227,879
Other creditors58,11218,727
71,22446,606
Included in other creditors are:
Obligations under hire purchase58,11218,727
6. RELATED PARTY TRANSACTIONS
Two members had interests in transactions with a company in which they were Directors. The transactions and balances involved were:
Turnover: 2025 - £56,900 (2024 - £67,250).
Debtors: 2025 - £4,500 (2024 - £5,100).