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REGISTERED NUMBER: OC434438 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2024

for

J Shears Family Partnership LLP

| J Shears Family Partnership LLP (Registered number: OC434438) |

Contents of the Financial Statements

for the Year Ended 31st March 2024

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| J Shears Family Partnership LLP |

General Information

for the Year Ended 31st March 2024

| DESIGNATED MEMBERS: | C Harrison

| J Shears Family Holdings Ltd

| REGISTERED OFFICE: | c/o OCG Accountants Ltd

| Biz Hub Tees Valley

| Belasis Hall Technology Park

| Billingham

| Co. Durham

| TS23 4EA

| REGISTERED NUMBER: | OC434438 (England and Wales)

| ACCOUNTANTS: | OCG Accountants Ltd

| Biz Hub Tees Valley

| Belasis Hall Technology Park

| Coxwold Way

| Billingham

| Co. Durham

| TS23 4EA

| J Shears Family Partnership LLP (Registered number: OC434438) |

Balance Sheet

31st March 2024

| 2024 |  | 2023

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 350,000 |  | 350,000 |  |

CURRENT ASSETS

Cash at bank | 3,832 |  | 5,815 |  |

CREDITORS

Amounts falling due within one year | 5 | (6,420 | ) | (3,540 | ) |

NET CURRENT (LIABILITIES)/ASSETS | (2,588 | ) | 2,275 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 347,412 |  | 352,275 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 6 | - |  | 352,275 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 347,412 |  | - |  |

347,412 |  | 352,275 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 6 | - |  | 352,275 |  |

Members' other interests | 347,412 |  | - |  |

347,412 |  | 352,275 |  |

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 31st March 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.

| J Shears Family Partnership LLP (Registered number: OC434438) |

Balance Sheet - continued

31st March 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 16th October 2025 and were signed by:

C Harrison - Designated member

| J Shears Family Partnership LLP (Registered number: OC434438) |

Notes to the Financial Statements

for the Year Ended 31st March 2024

1. | STATUTORY INFORMATION

| J Shears Family Partnership 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 | - | in accordance with the property

3. | EMPLOYEE INFORMATION

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

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST

| At 1st April 2023

| and 31st March 2024 | 350,000 |  |

| NET BOOK VALUE

| At 31st March 2024 | 350,000 |  |

| At 31st March 2023 | 350,000 |  |

| The directors see no real benefit in revaluing the properties.

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

2024 | 2023 |

£ | £ |

| Other creditors | 6,420 |  | 3,540 |  |

6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Members rank ahead of other creditors in liquidation.