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REGISTERED NUMBER: OC323172 (England and Wales)












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: Mr D J Landsberg
Mrs T J Landsberg





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: OC323172 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
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 51,204 59,202

CURRENT ASSETS
Debtors 3,601 3,344
Cash at bank 2,325 3,372
5,926 6,716
CREDITORS
Amounts falling due within one year 33,439 8,102
NET CURRENT LIABILITIES (27,513 ) (1,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,691

57,816

CREDITORS
Amounts falling due after more than one year - 31,325
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 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.

JETLAND LLP (REGISTERED NUMBER: OC323172)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 9 April 2025 and were signed by:





Mr D J Landsberg - Designated member

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
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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 173,228
Additions 9,140
Disposals (3,974 )
At 31 October 2024 178,394
DEPRECIATION
At 1 November 2023 114,026
Charge for year 17,085
Eliminated on disposal (3,921 )
At 31 October 2024 127,190
NET BOOK VALUE
At 31 October 2024 51,204
At 31 October 2023 59,202

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.