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Registration number: OC352869

CJ Jones Solicitors LLP
Annual Report and Unaudited Financial Statements
for the Year Ended 5 April 2025

CJ Jones Solicitors LLP

Contents

Limited liability partnership information | 1
Financial Statements | 2 to 7
Balance Sheet | 2
Notes to the Financial Statements | 4

CJ Jones Solicitors LLP

Limited liability partnership information

Designated members | Mr S V Fairburn Miss M Samirie

Registered office | 9 Mallow Street London EC1Y 8RQ

Accountants | Aventus Partners Limited Chartered Accountants Hygeia Building Ground Floor 66-68 College Road Harrow Middlesex HA1 1BE

CJ Jones Solicitors LLP

(Registration number: OC352869)
Balance Sheet as at 5 April 2025

| Note | 05 April 2025 £ | 05 April 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 4,897 | 4,876
Current assets |  |  |
Stocks | 5 | - | 62,430
Debtors | 4 | 175,758 | 161,004
Cash and short-term deposits |  | 21,535 | 129,623
|  | 197,293 | 353,057
Creditors: Amounts falling due within one year | 6 | (123,260) | (15,068)
Net current assets |  | 74,033 | 337,989
Net assets attributable to members |  | 78,930 | 342,865
Represented by: |  |  |
Loans and other debts due to members |  |  |
Members' capital classified as a liability |  | 38,930 | 262,865
Members’ other interests |  |  |
Members' capital classified as equity |  | 40,000 | 80,000
|  | 78,930 | 342,865
Total members' interests |  |  |
Loans and other debts due to members |  | 38,930 | 262,865
Equity |  | 40,000 | 80,000
|  | 78,930 | 342,865

For the year ending 5 April 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 and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime. As permitted by section 444 (5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, 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.

CJ Jones Solicitors LLP

(Registration number: OC352869)
Balance Sheet as at 5 April 2025

The financial statements of CJ Jones Solicitors LLP (registered number OC352869) were approved by the Board and authorised for issue on 21 January 2026. They were signed on behalf of the limited liability partnership by:

......................................... Mr S V Fairburn Designated member |  |

CJ Jones Solicitors LLP

Notes to the Financial Statements for the Year Ended 5 April 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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in the England and Wales 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.
The functional currency of CJ Jones Solicitors LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates.

Going concern

At the time of approving these financial statements, the partners are confident that the LLP has adequate resources to continue in operational existence for the foreseeable future and are willing to provide the necessary financial support as necessary and accordingly these financial statements have been prepared on a going concern basis.

Revenue recognition

Fee income includes the total amount receivable, net of value added tax, in respect of services provided to clients during the period.
Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are
recoverable.

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.
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.

CJ Jones Solicitors LLP

Notes to the Financial Statements for the Year Ended 5 April 2025

Tangible fixed assets

Individual fixed assets are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class | Depreciation method and rate
Artwork | 1% Straight line basis
Fixtures and fittings | 25% Straight line basis
Office equipment | 33% Straight line basis

Stock, work in progress and long term contracts

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Financial instruments

Classification

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a finance transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
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 limited liability partnership intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 4 (2024 - 4).

CJ Jones Solicitors LLP

Notes to the Financial Statements for the Year Ended 5 April 2025

3 | Tangible fixed assets

| Artwork £ | Fixtures, fittings & equipment £ | Total £
Cost |  |  |
At 6 April 2024 | 4,000 | 56,121 | 60,121
Additions | - | 1,205 | 1,205
At 5 April 2025 | 4,000 | 57,326 | 61,326
Depreciation |  |  |
At 6 April 2024 | 241 | 55,004 | 55,245
Charge for the year | 40 | 1,144 | 1,184
At 5 April 2025 | 281 | 56,148 | 56,429
Net book value |  |  |
At 5 April 2025 | 3,719 | 1,178 | 4,897
At 5 April 2024 | 3,759 | 1,117 | 4,876

4 | Debtors

| 05 April 2025 £ | 05 April 2024 £
Trade debtors | 166,985 | 144,181
Other debtors | 8,773 | -
Prepayments and accrued income | - | 16,823
Total current trade and other debtors | 175,758 | 161,004

5 | Work in progress

| 05 April 2025 £ | 05 April 2024 £
Work in progress | - | 62,430

6 | Creditors: Amounts falling due within one year

| 05 April 2025 £ | 05 April 2024 £
Other creditors | 96,997 | 2
Accruals and deferred income | 26,263 | 8,500
Taxation and social security | - | 6,566
| 123,260 | 15,068

CJ Jones Solicitors LLP

Notes to the Financial Statements for the Year Ended 5 April 2025

Loans and other debts due to members rank equally with debts to ordinary creditors in the event of a winding up.

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.