2MCJ LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC414781

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		200,687
Investment Properties	5		300,000		-

			300,000		200,687
CURRENT ASSETS
Debtors	6	51		39
Cash at bank and in hand		14,786		13,198

		14,837		13,237
Creditors: Amounts Falling Due Within One Year	7	(31,899 )		(15,871 )

NET CURRENT ASSETS (LIABILITIES)			(17,062 )		(2,634 )

TOTAL ASSETS LESS CURRENT LIABILITIES			282,938		198,053

Creditors: Amounts Falling Due After More Than One Year	8		-		(27,284 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			282,938		170,769

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		72,564		50,769

			72,564		50,769

Equity
Members' other interests
Members' capital		210,374		120,000

			210,374		120,000

			282,938		170,769

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			72,564		50,769
Members' other interests			210,374		120,000

			282,938		170,769

Page 1

Page 2

2MCJ LLP

Balance Sheet (continued)

As At 31 March 2025

For the 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr M L Dennington

Designated Member

19/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

2MCJ LLP is a limited liability partnership, incorporated in England & Wales, registered number OC414781 . The Registered Office is 81 High Street, Cosham, Hampshire, PO6 3BL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

2.22% Straight line

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. 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.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 4 (2024: 4)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 1 April 2024	209,627
Transfers	(209,627 )

As at 31 March 2025	-

Depreciation
As at 1 April 2024	8,940
On revaluations	(8,940 )

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	200,687

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2MCJ LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investment Property

	31 March 2025
	£
Fair Value
As at 1 April 2024	-
Revaluations	90,373
Transfers	209,627

As at 31 March 2025	300,000

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Other debtors	51	39

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Bank loans and overdrafts	26,514	10,206
Other creditors	5,385	5,665

	31,899	15,871

8. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Bank loans	-	27,284

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