IRIS Accounts Production v25.1.4.42 OC433873 designated member designated member 6.4.24 5.4.25 5.4.25 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4338732024-04-05OC4338732025-04-05OC4338732024-04-062025-04-05OC4338732023-04-05OC4338732023-04-062024-04-05OC4338732024-04-05OC433873ns15:EnglandWales2024-04-062025-04-05OC433873ns14:PoundSterling2024-04-062025-04-05OC433873ns10:PartnerLLP12024-04-062025-04-05OC433873ns10:PartnerLLP22024-04-062025-04-05OC433873ns10:LimitedLiabilityPartnershipLLP2024-04-062025-04-05OC433873ns10:SmallEntities2024-04-062025-04-05OC433873ns10:AuditExempt-NoAccountantsReport2024-04-062025-04-05OC433873ns10:SmallCompaniesRegimeForAccounts2024-04-062025-04-05OC433873ns10:LimitedLiabilityPartnershipsSORP2024-04-062025-04-05OC433873ns10:FullAccounts2024-04-062025-04-05OC433873ns10:RegisteredOffice2024-04-062025-04-05OC433873ns5:CurrentFinancialInstruments2025-04-05OC433873ns5:CurrentFinancialInstruments2024-04-05OC433873ns5:FurnitureFittings2024-04-062025-04-05OC433873ns5:MotorVehicles2024-04-062025-04-05OC433873ns5:FurnitureFittings2024-04-05OC433873ns5:MotorVehicles2024-04-05OC433873ns5:FurnitureFittings2025-04-05OC433873ns5:MotorVehicles2025-04-05OC433873ns5:FurnitureFittings2024-04-05OC433873ns5:MotorVehicles2024-04-05OC433873ns5:WithinOneYearns5:CurrentFinancialInstruments2025-04-05OC433873ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-05
REGISTERED NUMBER: OC433873 (England and Wales)















Unaudited Financial Statements

for the Year Ended 5 April 2025

for

JPE Page LLP

JPE Page LLP (Registered number: OC433873)






Contents of the Financial Statements
FOR THE YEAR ENDED 5 APRIL 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JPE Page LLP

General Information
FOR THE YEAR ENDED 5 APRIL 2025







DESIGNATED MEMBERS: Mrs E L Page
J D Page





REGISTERED OFFICE: 23a Main Road
Astwood
Buckinghamshire
MK16 9JS





REGISTERED NUMBER: OC433873 (England and Wales)





ACCOUNTANTS: Connolly Accountants & Business Advisors Ltd
Chartered Certified Accountants
The Stable Yard
25-33 Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN

JPE Page LLP (Registered number: OC433873)

Balance Sheet
5 APRIL 2025

2025 2024
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,629 19,364
Investment property 5 160,000 160,000
161,629 179,364

CURRENT ASSETS
Debtors 6 - 14,119
Cash at bank 2,360 4,466
2,360 18,585
CREDITORS
Amounts falling due within one year 7 2,827 1,507
NET CURRENT (LIABILITIES)/ASSETS (467 ) 17,078
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

161,162

196,442

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

161,162

196,442

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 161,162 196,442

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 5 April 2025.

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.

JPE Page LLP (Registered number: OC433873)

Balance Sheet - continued
5 APRIL 2025


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 21 July 2025 and were signed by:




Mrs E L Page - Designated member




J D Page - Designated member


JPE Page LLP (Registered number: OC433873)

Notes to the Financial Statements
FOR THE YEAR ENDED 5 APRIL 2025

1. STATUTORY INFORMATION

JPE Page 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 3 years
Motor vehicles - 20% on cost

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.

JPE Page LLP (Registered number: OC433873)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 5 APRIL 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is ant contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

JPE Page LLP (Registered number: OC433873)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 5 APRIL 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 6 April 2024 11,269 31,590 42,859
Disposals - (31,590 ) (31,590 )
At 5 April 2025 11,269 - 11,269
DEPRECIATION
At 6 April 2024 5,251 18,244 23,495
Charge for year 4,389 6,232 10,621
Eliminated on disposal - (24,476 ) (24,476 )
At 5 April 2025 9,640 - 9,640
NET BOOK VALUE
At 5 April 2025 1,629 - 1,629
At 5 April 2024 6,018 13,346 19,364

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2024
and 5 April 2025 160,000
NET BOOK VALUE
At 5 April 2025 160,000
At 5 April 2024 160,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Other debtors - 14,119

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Trade creditors 548 128
Other creditors 2,279 1,379
2,827 1,507

JPE Page LLP (Registered number: OC433873)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 5 APRIL 2025

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank behind all other creditors.