ACCOUNTS - Final Accounts preparation

Registered number: OC454912

JEN HOLDINGS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

REGISTERED NUMBER:OC454912

JEN HOLDINGS LLP

BALANCE SHEET

AS AT 31 MARCH 2026

		2026
Note		£


Current assets
Debtors: amounts falling due within one year	4	299,523
Cash at bank and in hand		302,100
		601,623
Creditors: amounts falling due within one year	5	(384,183)
Net current assets			217,440
Total assets less current liabilities			217,440

Net assets attributable to members			217,440

Represented by:
Loans and other debts due to members within one year
Members' capital classified as a liability		100
Other amounts	6	217,340
		217,440

Total members' interests
Loans and other debts due to members	6	217,440
		217,440

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REGISTERED NUMBER:OC454912

JEN HOLDINGS LLP

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

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

The entity 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.

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.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by:

J D S Woollard

Designated member

Date: 16 September 2026

The notes on pages 3 to 5 form part of these financial statements.

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JEN HOLDINGS LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

1.	General information

Jen Holdings LLP is a limited liability partnership incorporated in the UK and registered in England and Wales. Its registered address is Suite 1, 7th Floor 50 Broadway, London, SW1H 0DB.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' published in May 2024. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the LLP's accounting policies.

The LLP and the group headed by it qualify as small in accordance with section 383 of the Companies Act 2006, as applied to limited liability partnerships. The LLP has therefore taken advantage of the exemption under section 399 of the Companies Act 2006, as applied to limited liability partnerships, from the requirement to prepare consolidated financial statements. These financial statements present information about the LLP as an individual entity.

2.2

Going concern

The designated members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

2.3

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.4

Revenue

The LLP's turnover consists of investment advisory fees received from the general partner of the fund advised by the LLP. Advisory fees are recognised over the period to which they relate.

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JEN HOLDINGS LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in the statement of comprehensive income.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees during the period was 1.

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JEN HOLDINGS LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

Debtors

					2026
					£


	Prepayments and accrued income	299,523
		299,523

5.	Creditors: amounts falling due within one year
		2026
		£

	Trade creditors	343,195
	Other creditors	25,000
	Accruals and deferred income	15,988
		384,183

6.	Loans and other debts due to members

		2026
		£


	Members' capital treated as debt	100
	Other amounts due to members	217,340
		217,440

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

7.	Related party transactions
	During the period, the LLP charged investment advisory fees of £3,985,850 and recharged expenses of £35,737 to its wholly owned subsidiary undertaking, Ren LS General Partner I Limited, which is incorporated in Guernsey. At the balance sheet date, no amounts were due to or from the subsidiary.

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