Company No: OC340768 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	27		35
Tangible assets	4	5,662		7,549
		5,689		7,584
Current assets
Debtors	5	9,880		26,290
Cash at bank and in hand		36,024		17,913
		45,904		44,203
Creditors: amounts falling due within one year	6	( 3,010)		( 6,303)
Net current assets		42,894		37,900
Total assets less current liabilities		48,583		45,484
Net assets attributable to members		48,583		45,484
Represented by
Loans and other debts due to members within one year
Other amounts		(77,298)		(32,286)
		(77,298)		(32,286)
Members' other interests
Other reserves		125,881		77,770
		125,881		77,770
		48,583		45,484
Total members' interests
Loans and other debts due to members		(77,298)		(32,286)
Members' other interests		125,881		77,770
		48,583		45,484

For the financial year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of JAMIE WOLLEN & ASSOCIATES LLP (registered number: OC340768) were approved and authorised for issue by the Board of Directors on 19 December 2025. They were signed on its behalf by:

T J H Wollen Designated member

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

JAMIE WOLLEN & ASSOCIATES LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 41 Commercial Road, Poole, BH14 0HU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Turnover is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Development costs

25 % reducing balance

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Office equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the LLP during the year	2		2

3. Intangible assets

	Development costs		Total
	£		£
Cost
At 01 April 2024	3,550		3,550
At 31 March 2025	3,550		3,550
Accumulated amortisation
At 01 April 2024	3,515		3,515
Charge for the financial year	8		8
At 31 March 2025	3,523		3,523
Net book value
At 31 March 2025	27		27
At 31 March 2024	35		35

4. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 April 2024	19,900		16,235		36,135
At 31 March 2025	19,900		16,235		36,135
Accumulated depreciation
At 01 April 2024	15,718		12,868		28,586
Charge for the financial year	1,045		842		1,887
At 31 March 2025	16,763		13,710		30,473
Net book value
At 31 March 2025	3,137		2,525		5,662
At 31 March 2024	4,182		3,367		7,549

5. Debtors

	2025		2024
	£		£
Trade debtors	9,399		26,011
Other debtors	481		279
	9,880		26,290

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other taxation and social security	1,410		4,828
Other creditors	1,600		1,475
	3,010		6,303