REGISTERED NUMBER: OC346729 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COLTON & JONES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R Colton

M L Jones

REGISTERED OFFICE:

C/O CBHC

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

REGISTERED NUMBER:

OC346729 (England and Wales)

ACCOUNTANTS:

CBHC Limited

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

FIXED ASSETS

Tangible assets

4

436,994

436,994

CURRENT ASSETS

Debtors

5

1,644

685

Cash at bank

252

283

1,896

968

CREDITORS

Amounts falling due within one year

6

226,483

240,755

NET CURRENT LIABILITIES

(224,587

)

(239,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

212,407

197,207

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

212,407

197,207

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

212,407

197,207

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 March 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.

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 4 September 2025 and were signed by:

M L Jones - Designated member

1.	STATUTORY INFORMATION

Colton & Jones 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.

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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

20% on cost

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).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

436,994

1,860

438,854

DEPRECIATION

At 1 April 2024

and 31 March 2025

-

1,860

1,860

NET BOOK VALUE

At 31 March 2025

436,994

-

436,994

At 31 March 2024

436,994

-

436,994

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

1,644

685

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other creditors

226,483

240,755

7.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Other Creditors

120,000

-

At the period end date, a balance of £120,000 within Other Creditors related to a secured liability.

The liability is secured by way of a charge on the Freehold Property owned by Colton & Jones LLP.

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

At the period end date the balance owed to the members was £212,407 (2024: £197,207).

9.	RELATED PARTY TRANSACTIONS

At the balance sheet date the company owed Unimains Limited £225,625 (2024: £233,865), a company connected to the members of Colton & Jones LLP.