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REGISTERED NUMBER: OC394187 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

R & J Helicopters LLP

R & J Helicopters LLP (Registered number: OC394187)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & J Helicopters LLP

General Information
for the Year Ended 31 December 2024







DESIGNATED MEMBERS: Ms J E Dedman
Cullingworth Commercials and Freight Services Limited





REGISTERED OFFICE: 18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY





REGISTERED NUMBER: OC394187 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

R & J Helicopters LLP (Registered number: OC394187)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,691,389 1,732,115

CURRENT ASSETS
Debtors 5 27,746 29,858
Cash at bank 225,957 168,014
253,703 197,872
CREDITORS
Amounts falling due within one year 6 76,950 12,028
NET CURRENT ASSETS 176,753 185,844
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,868,142

1,917,959

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

1,868,142

1,917,959

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 1,868,142 1,917,959

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 December 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.

R & J Helicopters LLP (Registered number: OC394187)

Balance Sheet - continued
31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 29 July 2025 and were signed by:





Cullingworth Commercials and Freight Services Limited - Designated member

R & J Helicopters LLP (Registered number: OC394187)

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

1. STATUTORY INFORMATION

R & J Helicopters 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.
Aircraft fixtures & fittings - 15% on reducing balance
Aircraft - 2% on cost

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Aircraft
fixtures
& fittings Aircraft Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 15,246 2,010,000 2,025,246
DEPRECIATION
At 1 January 2024 11,731 281,400 293,131
Charge for year 526 40,200 40,726
At 31 December 2024 12,257 321,600 333,857
NET BOOK VALUE
At 31 December 2024 2,989 1,688,400 1,691,389
At 31 December 2023 3,515 1,728,600 1,732,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 9,469
VAT 4,105 -
Prepayments 23,641 20,389
27,746 29,858

R & J Helicopters LLP (Registered number: OC394187)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 2,298
VAT - 8,380
Other creditors 75,000 -
Accruals and deferred income 1,950 1,350
76,950 12,028

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. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from a company that is a designated member of the LLP and under common control amounted to £1,408,812 (2023: £1,202,232).

During the year, the LLP transacted with a company whereby an individual, whom controls the LLP, has significant influence and is a director. The balance outstanding on interest free loans provided from that company amounted to £75,000 (2023: £NIL)