Skinny Jam LLP - Period Ending 2025-03-31

Registration number: OC390762

Skinny Jam LLP

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

Skinny Jam LLP

Contents

Limited liability partnership information	1
Accountants' Report	2
Financial Statements	3 to 6
Balance Sheet	3
Notes to the Financial Statements	4

Skinny Jam LLP

Limited liability partnership information

Designated members

Mr Daniel Richard Gaunt

Miss Rebecca Clair Huscroft

Registered office

Unit 8 Harcourt Way, Meridian Business Park,
Leicester,
LE19 1WP

Principal place of business

19a Main Street
Woodhouse Eaves
Loughborough
Leicestershire
LE12 8RY

Accountants

M Ball & Co Limited
The Hemington
Millhouse Business Centre
Station Road
Castle Donington
Derby
DE74 2NJ

Chartered Accountants' Report to the Members on the Preparation of the Unaudited Statutory Accounts of
Skinny Jam LLP
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, as applied to limited liability partnerships, we have prepared for your approval the accounts of Skinny Jam LLP for the year ended 31 March 2025 set out on pages 3 to 6 from the limited liability partnership's accounting records and from information and explanations you have given us.

This report is made solely to the members of Skinny Jam LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Skinny Jam LLP and state those matters that we have agreed to state to the members of Skinny Jam LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skinny Jam LLP and its members as a body for our work or for this report.

It is your duty to ensure that Skinny Jam LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Skinny Jam LLP. You consider that Skinny Jam LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Skinny Jam LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

M Ball & Co Limited
The Hemington
Millhouse Business Centre
Station Road
Castle Donington
Derby
DE74 2NJ

23 December 2025

Skinny Jam LLP

(Registration number: OC390762)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Current assets
Debtors	3	5,012	5,012
Creditors: Amounts falling due within one year	4	-	(10,000)
Total assets less current liabilities		5,012	(4,988)
Creditors: Amounts falling due after more than one year	5	-	(15,833)
Net assets/(liabilities) attributable to members		5,012	(20,821)
Represented by:
Loans and other debts due to members
Members' capital classified as a liability		6,108	(19,725)
Members’ other interests
Other reserves		(1,096)	(1,096)
		5,012	(20,821)
Total members' interests
Loans and other debts due to members		6,108	(19,725)
Equity		(1,096)	(1,096)
		5,012	(20,821)

For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Skinny Jam LLP (registered number OC390762) were approved by the Board and authorised for issue on 23 December 2025. They were signed on behalf of the limited liability partnership by:

.........................................
Mr Daniel Richard Gaunt
Designated member

Skinny Jam LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

General information and basis of accounting

The limited liability partnership is incorporated in under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Skinny Jam LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Members' remuneration and division of profits

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.

Consolidation of the results of certain subsidiary undertakings, the provision for annuities to current and former members, pension scheme charges, the spreading of acquisition integration costs and the treatment of long leasehold interests are all items which may generate differences between profits calculated for the purpose of allocation and those reported within the financial statements. Where such differences arise, they have been included within other amounts in the balance sheet.

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.
The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

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.

Skinny Jam LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

2	Particulars of employees

The average number of persons employed by the limited liability partnership (including members) during the year, analysed by category was as follows:

	2025 No.	2024 No.
Administration and support	1	1
	1	1

The aggregate payroll costs were as follows:

Skinny Jam LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

3

Debtors

	2025 £	2024 £
Trade debtors	1,838	1,838
Other debtors	3,174	3,174
	5,012	5,012

4	Creditors: Amounts falling due within one year

	2025 £	2024 £
Bank loans and overdrafts	-	10,000

5	Creditors: Amounts falling due after more than one year

	2025 £	2024 £
Bank loans and overdrafts	-	15,833

6	Cash flow statement

	2025 £	2024 £
Operating loss	-	(375)
Increase in debtors	-	(5,012)
Cash generated by operations	-	(5,387)
Net cash outflow from operating activities	-	(5,387)

7

Control

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.