FRS102 1A Filleted LLP


Registered number:						OC415003
Ady Jones Tae Kwon Do Academy (Wrexham) LLP

Balance sheet
as at 31 March 2026

		2026		2025
	Note	£	£	£	£
Fixed assets
Intangible assets	4	-		-
Tangible assets	5	3,025		3,227
			3,025		3,227
Current assets
Debtors		129,989		167,525
Cash at bank and in hand		12,628		15,156
			142,617		182,681
Creditors: amounts falling due within one year			(41,552)		(43,252)
Net current assets			101,065		139,429
Total assets less current liabilities			104,090		142,656
Creditors: Amounts falling due after more than one year			(7,112)		(23,374)
NET ASSETS ATTRIBUTABLE TO MEMBERS			96,978		119,282

Represented by:
Loans and other debts due to members
Members' capital classified as a liability			96,978		119,282
			96,978		119,282

Members' total interests
Amounts due from members			(129,989)		(165,180)
Loans and other debts due to members			96,978		119,282
			(33,011)		(45,898)


The LLP was 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 relating to small LLPs for the year ended 31 March 2026.

The members acknowledge their responsibilities to comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 in respect to accounting records and the preparation of financial statements.

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Registered number:		OC415003
Ady Jones Tae Kwon Do Academy (Wrexham) LLP

Balance sheet - continued
as at 31 March 2026

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

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 to the Registrar.

These financial statements were approved by the members and authorised for issue on 21 August 2026 and signed on their behalf by:

Mr A Jones, Designated Member	Mrs S Jones, Designated Member
21 August 2026	21 August 2026

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Ady Jones Tae Kwon Do Academy (Wrexham) LLP

Notes to the financial statements
for the year ended 31 March 2026


1	General information

	Ady Jones Tae Kwon Do Academy (Wrexham) LLP is a limited liability partnership registered in England and Wales. Its registered number is OC415003. Its registered office is Unit 4A Abbey Road North, Wrexham Industrial Estate, Wrexham, LL13 9RX.

2	Accounting policies

	Basis of preparing the financial statements
	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 and the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The financial statements have been prepared under the historic cost convention.

	Presentation currency
	The LLP’s financial statements are presented in sterling.

	Going concern
	In preparing these financial statements, the members have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the LLP’s ability to continue as a going concern. In making this assessment, the members take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The members consider that the LLP has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

	Goodwill	-	Goodwill, being the amount paid in connection with the acquisition of the business in 2017, is being amortised evenly over its estimated useful life of four years.

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Ady Jones Tae Kwon Do Academy (Wrexham) LLP

Notes to the financial statements - continued
for the year ended 31 March 2026

2	Accounting policies - continued

	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.

	Plant and machinery etc.:
	Plant and machinery	-	25% reducing balance
	Computer equipment	-	25% reducing balance

	Retirement benefits
	The LLP operates a defined contribution pension scheme. Contributions payable to the LLP‘s pension scheme are charged to profit and loss in the period to which they relate.

3	Average number of employees

	During the year the average number of employees was 2 (2025 - 2).

4	Intangible assets

				Goodwill
				£
	Cost
	At 1 April 2025			7,200
	At 31 March 2026			7,200

	Amortisation
	At 1 April 2025			7,200
	At 31 March 2026			7,200

	Net book value
	At 31 March 2026			-

	At 31 March 2025			-


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	Registered number:	OC415003

	Annual report and unaudited financial statements
	for the year ended 31 March 2026
	for
	Ady Jones Tae Kwon Do Academy (Wrexham) LLP


	Pages for filing with the Registrar