Silverfin false false 31/03/2026 01/04/2025 31/03/2026 Daniel Simon Greene 05/04/2013 Joanne Greene 28/11/2006 05 August 2026 The principal activity of the LLP during the financial year was rental of investment property. OC324276 2026-03-31 OC324276 bus:Director1 2026-03-31 OC324276 bus:Director2 2026-03-31 OC324276 2025-03-31 OC324276 core:CurrentFinancialInstruments 2026-03-31 OC324276 core:CurrentFinancialInstruments 2025-03-31 OC324276 core:Non-currentFinancialInstruments 2026-03-31 OC324276 core:Non-currentFinancialInstruments 2025-03-31 OC324276 core:Vehicles 2025-03-31 OC324276 core:ComputerEquipment 2025-03-31 OC324276 core:Vehicles 2026-03-31 OC324276 core:ComputerEquipment 2026-03-31 OC324276 2025-04-01 2026-03-31 OC324276 bus:FilletedAccounts 2025-04-01 2026-03-31 OC324276 bus:SmallEntities 2025-04-01 2026-03-31 OC324276 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 OC324276 bus:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC324276 bus:Director1 2025-04-01 2026-03-31 OC324276 bus:Director2 2025-04-01 2026-03-31 OC324276 core:Vehicles core:TopRangeValue 2025-04-01 2026-03-31 OC324276 core:ComputerEquipment core:TopRangeValue 2025-04-01 2026-03-31 OC324276 2024-01-01 2025-03-31 OC324276 core:Vehicles 2025-04-01 2026-03-31 OC324276 core:ComputerEquipment 2025-04-01 2026-03-31 OC324276 core:Non-currentFinancialInstruments 2025-04-01 2026-03-31 OC324276 1 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Company No: OC324276 (England and Wales)

# J & M G LLP

### Unaudited Financial Statements
For the financial year ended 31 March 2026
Pages for filing with the registrar

J & M G LLP

## Unaudited Financial Statements

For the financial year ended 31 March 2026

Contents

J & M G LLP

## STATEMENT OF FINANCIAL POSITION

As at 31 March 2026
J & M G LLP

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2026

| Note | 31.03.2026 |  | 31.03.2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 21,227 |  | 27,474
Investment property | 4 | 2,485,000 |  | 2,445,000
|  | 2,506,227 |  | 2,472,474
Current assets |  |  |  |
Debtors | 5 | 12,529 |  | 16,855
Cash at bank and in hand |  | 12,806 |  | 14,242
|  | 25,335 |  | 31,097
Creditors: amounts falling due within one year | 6 | ( 44,185) |  | ( 39,555)
Net current liabilities |  | (18,850) |  | (8,458)
Total assets less current liabilities |  | 2,487,377 |  | 2,464,016
Creditors: amounts falling due after more than one year | 7 | ( 1,011,500) |  | ( 1,011,500)
Net assets attributable to members |  | 1,475,877 |  | 1,452,516
Represented by |  |  |  |
Members' other interests |  |  |  |
Members' capital classified as equity |  | 1,275,744 |  | 1,219,883
Other reserves |  | 200,133 |  | 232,633
|  | 1,475,877 |  | 1,452,516
Total members' interests |  |  |  |
Members' other interests |  | 1,475,877 |  | 1,452,516
|  | 1,475,877 |  | 1,452,516

For the financial year ending 31 March 2026 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.

Members' responsibilities:

- The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of J & M G LLP (registered number: OC324276) were approved and authorised for issue by the members. They were signed on its behalf by:

Joanne Greene Designated member |

05 August 2026

J & M G LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026
J & M G LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

##### General information and basis of accounting

J & M G LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the LLP and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles | 5 years straight line
Computer equipment | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
The fair value is determined annually by the members, on an open market value for existing use basis.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Financial instruments

The Company only enters into basic financial instruments and 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 and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, 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.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings/Statement of Comprehensive Income.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, 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 receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

#### 2. Employees

| Year ended 31.03.2026 |  | Period from 01.01.2024 to 31.03.2025
| Number |  | Number
Monthly average number of persons employed by the LLP during the year | 2 |  | 2

#### 3. Tangible assets

| Vehicles |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost/Valuation |  |  |  |  |
At 01 April 2025 | 30,180 |  | 1,054 |  | 31,234
At 31 March 2026 | 30,180 |  | 1,054 |  | 31,234
Accumulated depreciation |  |  |  |  |
At 01 April 2025 | 3,521 |  | 239 |  | 3,760
Charge for the financial year | 6,036 |  | 211 |  | 6,247
At 31 March 2026 | 9,557 |  | 450 |  | 10,007
Net book value |  |  |  |  |
At 31 March 2026 | 20,623 |  | 604 |  | 21,227
At 31 March 2025 | 26,659 |  | 815 |  | 27,474

Investment properties

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the members on an open market basis.

#### 4. Investment property

| Investment property
| £
Valuation |
As at 01 April 2025 | 2,445,000
Fair value movement | 40,000
As at 31 March 2026 | 2,485,000

Valuation

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the members on an open market basis.

#### 5. Debtors

| 31.03.2026 |  | 31.03.2025
| £ |  | £
Trade debtors | 590 |  | 5,281
Other debtors | 11,939 |  | 11,574
| 12,529 |  | 16,855

#### 6. Creditors: amounts falling due within one year

| 31.03.2026 |  | 31.03.2025
| £ |  | £
Other taxation and social security | 9,912 |  | 11,439
Other creditors | 34,273 |  | 28,116
| 44,185 |  | 39,555

#### 7. Creditors: amounts falling due after more than one year

| 31.03.2026 |  | 31.03.2025
| £ |  | £
Bank loans (secured) | 1,011,500 |  | 1,011,500

The bank loan is secured.

#### 8. Ultimate controlling party

The ultimate controlling party is J Greene.