REGISTERED NUMBER: OC327917 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

Johnson Fellows LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C A P Gaskell

N S Wetherell

A C Foster

I R Starbuck

P Milsom

REGISTERED OFFICE:

Unit 4, JQ1

180 Newhall Street

Birmingham

West Midlands

B3 1SJ

REGISTERED NUMBER:

OC327917 (England and Wales)

ACCOUNTANTS:

TC Group

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

FIXED ASSETS

Tangible assets

4

55,719

61,321

Investments

5

-

49,048

55,719

110,369

CURRENT ASSETS

Stocks

168,667

164,651

Debtors

6

540,301

537,146

Cash at bank

664,821

577,548

1,373,789

1,279,345

CREDITORS

Amounts falling due within one year

7

507,128

572,379

NET CURRENT ASSETS

866,661

706,966

TOTAL ASSETS LESS CURRENT LIABILITIES

922,380

817,335

CREDITORS

Amounts falling due after more than one year

8

-

23,338

NET ASSETS ATTRIBUTABLE TO MEMBERS

922,380

793,997

LOANS AND OTHER DEBTS DUE TO MEMBERS

11

922,380

793,997

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

11

922,380

793,997

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 30 April 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 7 September 2026 and were signed by:

I R Starbuck - Designated member

1.	STATUTORY INFORMATION

Johnson Fellows 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 represents net invoiced services, excluding value added tax. Income is recognised upon completion of services contracted to carry out.

Tangible fixed assets

Computer Equipment

15% - 33% Straight Line

Fixtures, Fittings & Equipment

15% Straight Line

Motor Vehicles

25% Reducing Balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Work in progress is valued on the basis of selling price of services provided, not invoiced at the year end.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 17 (2025 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

262,207

Additions

8,297

At 30 April 2026

270,504

DEPRECIATION

At 1 May 2025

200,886

Charge for year

13,899

At 30 April 2026

214,785

NET BOOK VALUE

At 30 April 2026

55,719

At 30 April 2025

61,321

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2025

184,836

Return of investment

(49,048

)

At 30 April 2026

135,788

PROVISIONS

At 1 May 2025

and 30 April 2026

135,788

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

49,048

During the year the LLP received a final distribution of £49,048 from Salway & Partners Limited, representing recovery of the remaining carrying value of its investment in that company. Accordingly, the carrying value of the investment was reduced to nil at 30 April 2026.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

421,282

350,174

Amounts owed by group undertakings

-

55,610

Other debtors

119,019

131,362

540,301

537,146

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 9)

23,331

40,000

Trade creditors

89,594

154,382

Taxation and social security

162,285

144,975

Other creditors

231,918

233,022

507,128

572,379

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 9)

-

23,338

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

23,331

40,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

23,338

The loan due in more than one year has been taken under the coronavirus business interruption loan scheme (CBILS). The government guarantees 80% of the finance to the lender and pays interest and any fees for the first 12 months after which the rate of interest of 2.4% over base will be applied for the duration of the agreed repayment term.

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

28,000

28,000

Between one and five years

21,000

49,000

49,000

77,000

11.

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.

12.	POST BALANCE SHEET EVENTS

Subsequent to the year end, an application was made on 3 August 2026 for the voluntary strike-off of Salway & Partners Limited. A first Gazette notice was published on 11 August 2026. No adjustment has been made to the financial statements in respect of this matter as the LLP's investment in Salway & Partners Limited had a carrying value of nil at 30 April 2026.

13.	ULTIMATE CONTROLLING PARTY

No single member has control over the LLP.