IRIS Accounts Production v26.1.10.61 OC346490 designated member 1.4.25 31.3.26 31.3.26 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC346490 2025-03-31 OC346490 2026-03-31 OC346490 2025-04-01 2026-03-31 OC346490 2024-03-31 OC346490 2024-04-01 2025-03-31 OC346490 2025-03-31 OC346490 ns15:EnglandWales 2025-04-01 2026-03-31 OC346490 ns14:PoundSterling 2025-04-01 2026-03-31 OC346490 ns10:PartnerLLP1 2025-04-01 2026-03-31 OC346490 ns10:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC346490 ns10:SmallEntities 2025-04-01 2026-03-31 OC346490 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 OC346490 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 OC346490 ns10:LimitedLiabilityPartnershipsSORP 2025-04-01 2026-03-31 OC346490 ns10:AbridgedAccounts 2025-04-01 2026-03-31 OC346490 ns5:CurrentFinancialInstruments 2026-03-31 OC346490 ns5:CurrentFinancialInstruments 2025-03-31 OC346490 ns10:RegisteredOffice 2025-04-01 2026-03-31 OC346490 ns5:MotorVehicles 2025-04-01 2026-03-31 OC346490 ns5:ComputerEquipment 2025-04-01 2026-03-31

REGISTERED NUMBER: OC346490 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31st March 2026 |

| for |

| KJ2 Futures LLP |

KJ2 Futures LLP (Registered number: OC346490)

Contents of the Financial Statements

for the Year Ended 31st March 2026

Page |

Abridged Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

KJ2 Futures LLP (Registered number: OC346490)

Abridged Balance Sheet

31st March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 8,557 |  | 9,527 |  |

Investments | 6 | 67,019 |  | 68,672 |  |

Investment property | 7 | 353,126 |  | 372,466 |  |

428,702 |  | 450,665 |  |

CURRENT ASSETS

Cash at bank | 381,612 |  | 493,503 |  |

CREDITORS

Amounts falling due within one year | 9,348 |  | 17,275 |  |

NET CURRENT ASSETS | 372,264 |  | 476,228 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 800,966 |  | 926,893 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 8 | 800,966 |  | 926,893 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 8 | 800,966 |  | 926,893 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2026.

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.

KJ2 Futures LLP (Registered number: OC346490)

Abridged Balance Sheet - continued

31st March 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 23rd June 2026 and were signed by:

Mr. K A Jones - Designated member

KJ2 Futures LLP (Registered number: OC346490)

Notes to the Financial Statements

for the Year Ended 31st March 2026

1. | STATUTORY INFORMATION

| KJ2 Futures LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

| Registered number: | OC346490

| Registered office: | A4G Suite

| Nepicar House

| London Road

| Wrotham Heath

| Kent

| TN15 7RS

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| 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.

KJ2 Futures LLP (Registered number: OC346490)

Notes to the Financial Statements - continued

for the Year Ended 31st March 2026

3. | ACCOUNTING POLICIES - continued

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Basic financial liabilities

| Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Financial instruments

| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

| Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4. | EMPLOYEE INFORMATION

| The average number of employees during the year was NIL (2025 - NIL).

KJ2 Futures LLP (Registered number: OC346490)

Notes to the Financial Statements - continued

for the Year Ended 31st March 2026

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1st April 2025 | 80,537 |  |

| Additions | 1,685 |  |

| At 31st March 2026 | 82,222 |  |

| DEPRECIATION

| At 1st April 2025 | 71,010 |  |

| Charge for year | 2,655 |  |

| At 31st March 2026 | 73,665 |  |

| NET BOOK VALUE

| At 31st March 2026 | 8,557 |  |

| At 31st March 2025 | 9,527 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

| Totals

£ |

| COST

| At 1st April 2025

| and 31st March 2026 | 52,500 |  |

| DEPRECIATION

| At 1st April 2025 | 43,157 |  |

| Charge for year | 2,336 |  |

| At 31st March 2026 | 45,493 |  |

| NET BOOK VALUE

| At 31st March 2026 | 7,007 |  |

| At 31st March 2025 | 9,343 |  |

6. | FIXED ASSET INVESTMENTS

| The amount included as a fixed asset investments represents the company's capital account outstanding as at the balance sheet date in Kondor Management LLP.

KJ2 Futures LLP (Registered number: OC346490)

Notes to the Financial Statements - continued

for the Year Ended 31st March 2026

7. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st April 2025 | 372,466 |  |

| Additions | 22,698 |  |

| Revaluations | (42,038 | ) |

| At 31st March 2026 | 353,126 |  |

| NET BOOK VALUE

| At 31st March 2026 | 353,126 |  |

| At 31st March 2025 | 372,466 |  |

| Fair value at 31st March 2026 is represented by:

£ |

| Valuation in 2026 | (19,340 | ) |

| Cost | 372,466 |  |

353,126 |  |

8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| The balances shown above would rank below unsecured creditors from the proceeds of a winding-up of the LLP.

9. | ULTIMATE CONTROLLING PARTY

| During the year, the company was under the control of the designated member, Mr K A Jones, by virtue of his control of the designated members.