REGISTERED NUMBER: OC374790 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

J And N Feather Construction LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr J Feather

Mrs N Feather

J. And N. Feather Limited

REGISTERED OFFICE:

Pear Tree Barn

Hainworth Shaw

Keighley

West Yorkshire

BD21 5QS

REGISTERED NUMBER:

OC374790 (England and Wales)

ACCOUNTANTS:

Mitchell Wellock Limited

Unit 24, Skipton Auction Mart

Gargrave Road

Skipton

North Yorkshire

BD23 1UD

FIXED ASSETS

Intangible assets

4

174,375

196,875

Tangible assets

5

105,091

125,398

279,466

322,273

CURRENT ASSETS

Stocks

150,000

150,000

Debtors

6

747

3,946

Cash at bank

10,141

1,778

160,888

155,724

CREDITORS

Amounts falling due within one year

7

19,159

36,551

NET CURRENT ASSETS

141,729

119,173

TOTAL ASSETS LESS CURRENT LIABILITIES

421,195

441,446

CREDITORS

Amounts falling due after more than one year

8

16,514

26,612

NET ASSETS ATTRIBUTABLE TO MEMBERS

404,681

414,834

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

404,681

414,834

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

404,681

414,834

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 25 September 2025 and were signed by:

Mr J Feather - Designated member

Mrs N Feather - Designated member

1.	STATUTORY INFORMATION

J And N Feather Construction 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

450,000

AMORTISATION

At 1 April 2024

253,125

Amortisation for year

22,500

At 31 March 2025

275,625

NET BOOK VALUE

At 31 March 2025

174,375

At 31 March 2024

196,875

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,376

201,468

44,512

-

250,356

Additions

-

9,220

2,750

300

12,270

At 31 March 2025

4,376

210,688

47,262

300

262,626

DEPRECIATION

At 1 April 2024

-

121,741

3,217

-

124,958

Charge for year

-

21,853

10,724

-

32,577

At 31 March 2025

-

143,594

13,941

-

157,535

NET BOOK VALUE

At 31 March 2025

4,376

67,094

33,321

300

105,091

At 31 March 2024

4,376

79,727

41,295

-

125,398

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

38,000

DEPRECIATION

At 1 April 2024

7,416

Charge for year

7,646

At 31 March 2025

15,062

NET BOOK VALUE

At 31 March 2025

22,938

At 31 March 2024

30,584

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

VAT

747

3,946

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

14,210

19,550

Trade creditors

3,621

15,965

Other creditors

128

(26

)

Accrued expenses

1,200

1,062

19,159

36,551

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Loans

16,514

26,612

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Amounts owed to members in respect of profits

404,681

414,834

Falling due within one year

404,681

414,834

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitation on the ability of the members to reduce the amount od Members 'other interest'.