NJ ACADEMY OF MARTIAL ARTS LLP

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

Registered number: OC393492

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		837		1,054

			837		1,054
CURRENT ASSETS
Stocks	6	500		500
Debtors	7	10,135		14,267

		10,635		14,767
Creditors: Amounts Falling Due Within One Year	8	(465 )		(441 )

NET CURRENT ASSETS (LIABILITIES)			10,170		14,326

TOTAL ASSETS LESS CURRENT LIABILITIES			11,007		15,380

Creditors: Amounts Falling Due After More Than One Year	9		(11,007 )		(15,380 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			-		-

REPRESENTED BY:
TOTAL MEMBERS' INTEREST
Amounts due from members			(10,135)		(14,267)

			(10,135)		(14,267)

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NJ ACADEMY OF MARTIAL ARTS 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 Neal Jones

Designated Member

13/10/2025

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

1. General Information

NJ ACADEMY OF MARTIAL ARTS LLP is a limited liability partnership, incorporated in England & Wales, registered number OC393492 . The Registered Office is 1 Queen's Park Road, Handbridge, Chester, Cheshire, CH4 7AD.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. 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:

Plant & Machinery	20% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	33% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	6,000

As at 31 March 2025	6,000

Amortisation
As at 1 April 2024	6,000

As at 31 March 2025	6,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

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NJ ACADEMY OF MARTIAL ARTS LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	8,332	3,058	702	12,092

As at 31 March 2025	8,332	3,058	702	12,092

Depreciation
As at 1 April 2024	7,326	3,058	654	11,038
Provided during the period	201	-	16	217

As at 31 March 2025	7,527	3,058	670	11,255

Net Book Value
As at 31 March 2025	805	-	32	837

As at 1 April 2024	1,006	-	48	1,054

6. Stocks

	2025	2024
	£	£
Stock	500	500

7. Debtors

	2025	2024
	£	£
Due within one year
Amounts due from members	10,135	14,267

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	465	441

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

	2025	2024
	£	£
Bank loans	11,007	15,380

10. Controlling Party

The ultimate controlling party is considered to be Mr N D Jones, a designated member of the LLP.

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