1 April 2025 false Taxfiler 2024.6 OC373110business:LimitedLiabilityPartnershipLLP2025-04-012026-03-31 OC3731102025-03-31 OC3731102025-04-012026-03-31 OC373110business:AuditExempt-NoAccountantsReport2025-04-012026-03-31 OC373110business:FilletedAccounts2025-04-012026-03-31 OC3731102026-03-31 OC373110business:PartnerLLP22025-04-012026-03-31 OC373110business:PartnerLLP32025-04-012026-03-31 OC373110business:RegisteredOffice2025-04-012026-03-31 OC3731102025-03-31 OC373110core:WithinOneYear2026-03-31 OC373110core:WithinOneYear2025-03-31 OC373110core:RetainedEarningsAccumulatedLosses2026-03-31 OC373110core:RetainedEarningsAccumulatedLosses2025-03-31 OC373110business:SmallEntities2025-04-012026-03-31 OC373110countries:EnglandWales2025-04-012026-03-31 OC373110core:IntangibleAssetsOtherThanGoodwill2025-03-31 OC373110core:IntangibleAssetsOtherThanGoodwill2025-04-012026-03-31 OC373110core:IntangibleAssetsOtherThanGoodwill2026-03-31 OC373110core:WithinOneYear2025-04-012026-03-31 OC3731102024-04-012025-03-31 iso4217:GBP xbrli:pure
Registered No. OC373110 (England and Wales)
JEL Active LLP Unaudited accounts for the year ended 31 March 2026
JEL Active LLP LLP Information for the year ended 31 March 2026
Designated members
Mr James Simon Lustigman
Mrs Madeleine Francesca Lustigman
Registered Number
OC373110 (England and Wales)
Registered Office
29 GARTHFIELD CRESCENT NEWCASTLE UPON TYNE NE5 2LY ENGLAND
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JEL Active LLP Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Intangible assets
3
301 
- 
Current assets
Debtors
340 
381 
Cash at bank and in hand
23,703 
35,443 
24,043 
35,824 
Creditors: amounts falling due within one year
4
(12,473)
(13,189)
Net current assets
11,570 
22,635 
Net assets attributable to members
11,871 
22,635 
Represented by:
Loans and other debts due to members
5
11,870 
22,635 
Members' other interests
Other reserves
1 
- 
11,871 
22,635 
Total members' interests
Loans and other debts due to members
11,870 
22,635 
Members' other interests
1 
- 
11,871 
22,635 
For the year ending 31 March 2026 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 31 October 2026.
Mr James Simon Lustigman Designated member Limited Liability Partnership Registration No. OC373110
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JEL Active LLP Notes to the Accounts for the year ended 31 March 2026
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. This differs from previous financial years where turnover from services was recognised on a cash basis.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
2
Statutory information
JEL Active LLP is a limited liability partnership, incorporated in England and Wales, registration number OC373110. Its registered office is 29 GARTHFIELD CRESCENT, NEWCASTLE UPON TYNE, NE5 2LY, ENGLAND.
3
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2025
- 
Additions
4,811 
At 31 March 2026
4,811 
Amortisation
At 1 April 2025
- 
Charge for the year
4,510 
At 31 March 2026
4,510 
Net book value
At 31 March 2026
301 
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JEL Active LLP Notes to the Accounts for the year ended 31 March 2026
4
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security costs
(960)
(897)
Other creditors
13,433 
14,086 
12,473 
13,189 
Introduced in this financial year was a provision for Deferred Income. See income recognition notes.
5
Loans and other debts due to members
2026 
2025 
£ 
£ 
Amounts due to members in respect of profits
11,870 
22,635 
Amounts falling due within one year
11,870 
22,635 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 46 (2025: 38).
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