REGISTERED NUMBER: OC377896 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

SM Jones Engineering LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S M Jones

Mrs K R Jones

REGISTERED OFFICE:

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

REGISTERED NUMBER:

OC377896 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Tangible assets

4

216,091

194,439

CURRENT ASSETS

Stocks

454

749

Debtors

5

84,158

78,091

Cash at bank

62,674

67,832

147,286

146,672

CREDITORS

Amounts falling due within one year

6

43,120

28,934

NET CURRENT ASSETS

104,166

117,738

TOTAL ASSETS LESS CURRENT LIABILITIES

320,257

312,177

CREDITORS

Amounts falling due after more than one year

7

74,364

83,209

NET ASSETS ATTRIBUTABLE TO MEMBERS

245,893

228,968

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

245,893

228,968

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

245,893

228,968

Amounts due from members

5

(78,569

)

(67,673

)

167,324

161,295

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 31 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.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 10 September 2026 and were signed by:

Mrs K R Jones - Designated member

1.	STATUTORY INFORMATION

SM Jones Engineering LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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

Turnover

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

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

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

237,811

Additions

45,072

At 31 March 2026

282,883

DEPRECIATION

At 1 April 2025

43,372

Charge for year

23,420

At 31 March 2026

66,792

NET BOOK VALUE

At 31 March 2026

216,091

At 31 March 2025

194,439

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

Plant and

machinery

etc

£

COST

At 1 April 2025

201,901

Additions

45,072

At 31 March 2026

246,973

DEPRECIATION

At 1 April 2025

9,581

Charge for year

23,195

At 31 March 2026

32,776

NET BOOK VALUE

At 31 March 2026

214,197

At 31 March 2025

192,320

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

5,589

7,800

Other debtors

78,569

70,291

84,158

78,091

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

26,050

21,925

Trade creditors

11,440

4,577

Taxation and social security

3,630

432

Other creditors

2,000

2,000

43,120

28,934

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

74,364

83,209

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members only take drawings where cash is available and other creditors are not adversely affected.

9.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by the members.