IRIS Accounts Production v25.3.0.601 OC315575 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:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC315575 2024-04-05 OC315575 2025-04-05 OC315575 2024-04-06 2025-04-05 OC315575 2023-02-28 OC315575 2023-03-01 2024-04-05 OC315575 2024-04-05 OC315575 ns15:EnglandWales 2024-04-06 2025-04-05 OC315575 ns14:PoundSterling 2024-04-06 2025-04-05 OC315575 ns10:PartnerLLP1 2024-04-06 2025-04-05 OC315575 ns10:PartnerLLP2 2024-04-06 2025-04-05 OC315575 ns10:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC315575 ns10:SmallEntities 2024-04-06 2025-04-05 OC315575 ns10:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC315575 ns10:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC315575 ns10:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC315575 ns10:FullAccounts 2024-04-06 2025-04-05 OC315575 ns10:RegisteredOffice 2024-04-06 2025-04-05 OC315575 ns5:CurrentFinancialInstruments 2025-04-05 OC315575 ns5:CurrentFinancialInstruments 2024-04-05 OC315575 ns5:PlantMachinery 2024-04-06 2025-04-05 OC315575 ns5:FurnitureFittings 2024-04-06 2025-04-05 OC315575 ns5:MotorVehicles 2024-04-06 2025-04-05 OC315575 ns5:ComputerEquipment 2024-04-06 2025-04-05 OC315575 ns5:PlantMachinery 2024-04-05 OC315575 ns5:FurnitureFittings 2024-04-05 OC315575 ns5:MotorVehicles 2024-04-05 OC315575 ns5:ComputerEquipment 2024-04-05 OC315575 ns5:PlantMachinery 2025-04-05 OC315575 ns5:FurnitureFittings 2025-04-05 OC315575 ns5:MotorVehicles 2025-04-05 OC315575 ns5:ComputerEquipment 2025-04-05 OC315575 ns5:PlantMachinery 2024-04-05 OC315575 ns5:FurnitureFittings 2024-04-05 OC315575 ns5:MotorVehicles 2024-04-05 OC315575 ns5:ComputerEquipment 2024-04-05 OC315575 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-05 OC315575 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-05

REGISTERED NUMBER: OC315575 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

J & M PROPERTIES BODIAM LLP

J & M PROPERTIES BODIAM LLP (REGISTERED NUMBER: OC315575)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

Page |

General Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

J & M PROPERTIES BODIAM LLP

GENERAL INFORMATION

FOR THE YEAR ENDED 5 APRIL 2025

| DESIGNATED MEMBERS: | J Burgess

| Mrs M G Burgess

| REGISTERED OFFICE: | Ground Floor

| Oakhurst House

| 77 Mount Ephraim

| TUNBRIDGE WELLS

| Kent

| TN4 8BS

| REGISTERED NUMBER: | OC315575 (England and Wales)

| ACCOUNTANTS: | Wells Associates

| Ground Floor Oakhurst House

| 77 Mount Ephraim

| Tunbridge Wells

| Kent

| TN4 8BS

J & M PROPERTIES BODIAM LLP (REGISTERED NUMBER: OC315575)

STATEMENT OF FINANCIAL POSITION

5 APRIL 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 27,652 |  | 33,944 |  |

Investment property | 5 | 1,300,000 |  | 1,300,000 |  |

1,327,652 |  | 1,333,944 |  |

CURRENT ASSETS

Debtors | 6 | 386,229 |  | 386,229 |  |

Cash at bank | 12,167 |  | 8,509 |  |

398,396 |  | 394,738 |  |

CREDITORS

Amounts falling due within one year | 7 | (86,555 | ) | (86,555 | ) |

NET CURRENT ASSETS | 311,841 |  | 308,183 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 1,639,493 |  | 1,642,127 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 8 | 339,493 |  | 342,127 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 1,300,000 |  | 1,300,000 |  |

1,639,493 |  | 1,642,127 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 8 | 339,493 |  | 342,127 |  |

Members' other interests | 1,300,000 |  | 1,300,000 |  |

Amounts due from members | 6 | (380,473 | ) | (380,473 | ) |

1,259,020 |  | 1,261,654 |  |

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.

J & M PROPERTIES BODIAM LLP (REGISTERED NUMBER: OC315575)

STATEMENT OF FINANCIAL POSITION - 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 8 October 2025 and were signed by:

J Burgess - Designated member

Mrs M G Burgess - Designated member

J & M PROPERTIES BODIAM LLP (REGISTERED NUMBER: OC315575)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

1. | STATUTORY INFORMATION

| J & M Properties Bodiam 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 as modified by the revaluation of certain assets.

| Turnover

| Revenue 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.

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33.33% on cost

| Investment property

| In accordance with FRS 102 reporting standards investment property is initially recognised at cost including directly attributable expenditure, with no depreciation charged on the properties held during the financial year.

| Subsequent to initial recognition investment property is carried at fair value. Fair value is the price that would be received for the sale of the asset between two active market participants in an arms length transaction at the financial position date. Any fair value gains or losses arising from remeasurement are to be projected through the profit and loss account in accordance with the reporting standards.

| Valuations under the fair value model are provided by the directors at the end of the reporting period.

| The company is not subject to any restrictions relating to the realisability of investment property, or the remittance of income and proceeds of disposal.

3. | EMPLOYEE INFORMATION

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

4. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 6 April 2024 | 58,062 |  | 750 |  | 51,995 |  | 650 |  | 111,457 |  |

| Additions | 3,500 |  | - |  | - |  | - |  | 3,500 |  |

| At 5 April 2025 | 61,562 |  | 750 |  | 51,995 |  | 650 |  | 114,957 |  |

| DEPRECIATION

| At 6 April 2024 | 50,639 |  | 616 |  | 25,608 |  | 650 |  | 77,513 |  |

| Charge for year | 3,162 |  | 33 |  | 6,597 |  | - |  | 9,792 |  |

| At 5 April 2025 | 53,801 |  | 649 |  | 32,205 |  | 650 |  | 87,305 |  |

| NET BOOK VALUE

| At 5 April 2025 | 7,761 |  | 101 |  | 19,790 |  | - |  | 27,652 |  |

| At 5 April 2024 | 7,423 |  | 134 |  | 26,387 |  | - |  | 33,944 |  |

J & M PROPERTIES BODIAM LLP (REGISTERED NUMBER: OC315575)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 6 April 2024

| and 5 April 2025 | 1,300,000 |  |

| NET BOOK VALUE

| At 5 April 2025 | 1,300,000 |  |

| At 5 April 2024 | 1,300,000 |  |

| The investment properties have been valued at 28 February 2025 by the members of the LLP, an

| independent expert has not been used. The valuation is considered to be the current market value for the

| investment properties concerned taking into account the current market conditions, the rental status of the properties and the income arising.

| Fair value at 5 April 2025 is represented by:

£ |

| Valuation in 2017 | (825,000 | ) |

| Valuation in 2019 | (150,000 | ) |

| Cost | 2,275,000 |  |

1,300,000 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts due from members | 380,473 |  | 380,473 |  |

| Other debtors | 5,756 |  | 5,756 |  |

386,229 |  | 386,229 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 84,555 |  | 84,555 |  |

| Accrued expenses | 2,000 |  | 2,000 |  |

86,555 |  | 86,555 |  |

8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Loans and other debts due to members rank pari passu with unsecured creditors. Members' other interests rank pari passu with unsecured creditors.