REGISTERED NUMBER: OC391554 (England and Wales)

JMRV LLP

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

General Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DESIGNATED MEMBERS:

Mr M J Fitzsimmons

Mrs V A Pruden

Mr J P Pruden

Mrs J A Fitzsimmons

REGISTERED OFFICE:

Stephenson Court

Fraser Road

Bedford

Befordshire

MK44 3WJ

REGISTERED NUMBER:

OC391554 (England and Wales)

ACCOUNTANTS:

APS Accountancy Ltd

4 Cromwell Court

New Street

Aylesbury

Buckinghamshire

HP20 2PB

FIXED ASSETS

Tangible assets

4

527,877

526,752

CURRENT ASSETS

Debtors

5

10,912

5,565

Cash at bank

13,603

25,313

24,515

30,878

CREDITORS

Amounts falling due within one year

6

(205,297

)

(226,807

)

NET CURRENT LIABILITIES

(180,782

)

(195,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

347,095

330,823

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

347,095

330,823

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

347,095

330,823

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 10 October 2025 and were signed by:

Mr J P Pruden - Designated member

Mr M J Fitzsimmons - Designated member

1.	STATUTORY INFORMATION

JMRV 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.

Land and buildings

-

25% on reducing balance and Not depreciated

Plant and machinery etc

-

25% on reducing balance

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

524,348

6,286

530,634

Additions

-

3,867

3,867

At 31 March 2025

524,348

10,153

534,501

DEPRECIATION

At 1 April 2024

829

3,053

3,882

Charge for year

966

1,776

2,742

At 31 March 2025

1,795

4,829

6,624

NET BOOK VALUE

At 31 March 2025

522,553

5,324

527,877

At 31 March 2024

523,519

3,233

526,752

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,213

3,047

Other debtors

1,699

2,518

10,912

5,565

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

158,156

187,850

Trade creditors

17,768

5,933

Taxation and social security

1,037

2,352

Other creditors

28,336

30,672

205,297

226,807

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Loans from members

161,100

161,100

Amounts owed to members in respect of profits

185,995

169,723

347,095

330,823

Falling due within one year

347,095

330,823

Other creditors are payable in preference to loans and other debts due to members.