REGISTERED NUMBER: OC378653 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

J&J MARTIN LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J E Martin

J R Martin

REGISTERED OFFICE:

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

REGISTERED NUMBER:

OC378653 (England and Wales)

ACCOUNTANTS:

Graham Martin & Co

Accountants

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

FIXED ASSETS

Tangible assets

4

8,151

10,869

CURRENT ASSETS

Debtors

5

260

150

Cash at bank and in hand

7,620

8,015

7,880

8,165

CREDITORS

Amounts falling due within one year

6

6,541

8,897

NET CURRENT ASSETS/(LIABILITIES)

1,339

(732

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,490

10,137

CREDITORS

Amounts falling due after more than one year

7

400

4,197

NET ASSETS ATTRIBUTABLE TO MEMBERS

9,090

5,940

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

9,090

5,940

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

9,090

5,940

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 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 12th December 2025 and were signed by:

J R Martin - Designated member

1.	STATUTORY INFORMATION

J&J Martin 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

20,094

DEPRECIATION

At 1st April 2024

9,225

Charge for year

2,718

At 31st March 2025

11,943

NET BOOK VALUE

At 31st March 2025

8,151

At 31st March 2024

10,869

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

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

15,850

DEPRECIATION

At 1st April 2024

5,448

Charge for year

2,601

At 31st March 2025

8,049

NET BOOK VALUE

At 31st March 2025

7,801

At 31st March 2024

10,402

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

260

150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

2,972

4,738

Trade creditors

(11

)

(216

)

Other creditors

3,580

4,375

6,541

8,897

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

2,197

Other creditors

400

2,000

400

4,197

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members rank equally with other creditors.

9.	RELATED PARTY DISCLOSURES

During the period under review £23,405 (2023: £26,453) was recharged by Whitchurch Service & Repairs Ltd, a company under common control, for use of shared utilities.