Limited Liability Partnership registration number OC418215 (England and Wales)
JDT ASSETS LLP
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
4 Brackley Close
Bournemouth International Airport
Christchurch
Dorset
BH23 6SE
JDT ASSETS LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
JDT ASSETS LLP
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
387,915
443,332
Current assets
-
-
Creditors: amounts falling due within one year
4
(1,800)
(1,800)
Net current liabilities
(1,800)
(1,800)
Total assets less current liabilities and net assets attributable to members
386,115
441,532
Represented by:
Members' other interests
Members' capital classified as equity
386,115
441,532
386,115
441,532

For the financial year ended 31 March 2026 the limited liability partnership 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 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships with respect to accounting records and the preparation of accounts.

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.

T he members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the members and authorised for issue on 13 August 2026 and are signed on their behalf by:
13 August 2026
Mr J F Helas
Designated member
Limited Liability Partnership registration number OC418215 (England and Wales)
JDT ASSETS LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Limited liability partnership information

JDT Assets LLP is a limited liability partnership incorporated in England and Wales. The registered office is Priors Lawn, East Knighton, Dorchester, Dorset, DT2 8LF.

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Basis of preparation

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2
Turnover

Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

1.3
Members' participating interests

Members' participation rights are the rights of a member against the LLP that arise under the m embers' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

Where there exists an asset and liability component in respect of an individual member’s participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts simultaneously, in which case they are presented net.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.

JDT ASSETS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 15 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

2
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2026
2025
Number
Number
Total
0
0
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025 and 31 March 2026
950,000
Amortisation and impairment
At 1 April 2025
506,668
Amortisation charged for the year
55,417
At 31 March 2026
562,085
Carrying amount
At 31 March 2026
387,915
At 31 March 2025
443,332
4
Creditors: amounts falling due within one year
2026
2025
£
£
Other creditors
1,800
1,800
JDT ASSETS LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
5
Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

2026-03-31 2025-04-01 false false 13 August 2026 CCH Software CCH Accounts Production 2026.200 false OC418215 2025-04-01 2026-03-31 OC418215 2026-03-31 OC418215 bus:PartnerLLP1 2025-04-01 2026-03-31 OC418215 2024-04-01 2025-03-31 OC418215 bus:LimitedLiabilityPartnershipLLP 2025-04-01 2026-03-31 OC418215 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 OC418215 bus:FRS102 2025-04-01 2026-03-31 OC418215 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 OC418215 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares