| REGISTERED NUMBER: |
| J3 Business Park Doncaster LLP |
| Unaudited Financial Statements For The Year Ended 31 March 2025 |
| REGISTERED NUMBER: |
| J3 Business Park Doncaster LLP |
| Unaudited Financial Statements For The Year Ended 31 March 2025 |
| J3 Business Park Doncaster LLP (Registered number: OC382773) |
| Contents of the Financial Statements |
| For The Year Ended 31 March 2025 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| J3 Business Park Doncaster LLP |
| General Information |
| For The Year Ended 31 March 2025 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Sidings Court |
| Lakeside |
| Doncaster |
| DN4 5NU |
| J3 Business Park Doncaster LLP (Registered number: OC382773) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
8,342,048 |
7,393,792 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
10 |
2,789,785 |
1,841,529 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 2,000,000 | 2,000,000 |
| Revaluation reserve | 11 |
| 8,342,048 | 7,393,792 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 10 | 2,789,785 | 1,841,529 |
| Members' other interests | 5,552,263 | 5,552,263 |
| 8,342,048 | 7,393,792 |
| J3 Business Park Doncaster LLP (Registered number: OC382773) |
| Balance Sheet - continued |
| 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 were approved by the members of the LLP and authorised for issue on |
| J3 Business Park Doncaster LLP (Registered number: OC382773) |
| Notes to the Financial Statements |
| For The Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| J3 Business Park Doncaster 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 |
| The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
| Turnover |
| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: |
| Rendering of services |
| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: |
| - | the amount of revenue can be measured reliably; |
| - | it is probable that the company will receive the consideration due under the contract; |
| - | the stage of completion of the contract at the end of the reporting period can be measured reliably; and |
| - | the costs incurred and the costs to complete the contract can be measured reliably. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Hire purchase and leasing commitments |
| The assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. The assets form part of the investment property which is included at valuation. In these circumstances the assets held under finance leases are not depreciated. |
| Financial instruments |
| The LLP has elected to apply Sections 11 and 12 of RS 102 in respect of financial instruments. |
| Financial assets and financial liabilities are recognised when the LLP becomes party to the contractual provisions of the instrument. |
| Cash and cash equivalents |
| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was |
| J3 Business Park Doncaster LLP (Registered number: OC382773) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| Fair value at 31 March 2025 is represented by: |
| £ |
| Valuation in 2018 | 9,630,000 |
| Cost | 1,221,768 |
| 10,851,768 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 7,299,505 | 7,421,895 |
| Investment property was valued on an open market value basis on 31 March 2018 by the members . |
| The members consider this value to remain appropriate for the accounts. |
| 6. | DEBTORS |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Prepayments and accrued income |
| J3 Business Park Doncaster LLP (Registered number: OC382773) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2025 |
| 6. | DEBTORS - continued |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Social security and other taxes |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Bank loans and overdrafts are secured by a fixed charge on the LLP's investment property. |
| 10. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| 2025 | 2024 |
| £ | £ |
| Amounts owed to members in respect of profits | 2,789,785 | 1,841,529 |
| Falling due within one year | 2,789,785 | 1,841,529 |
| Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up. |
| 11. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 April 2024 |
| and 31 March 2025 |