REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 September 2021 |
for |
Langtons Farm Partnership LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 September 2021 |
for |
Langtons Farm Partnership LLP |
Langtons Farm Partnership LLP (Registered number: OC347421) |
Contents of the Financial Statements |
for the Year Ended 30 September 2021 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Langtons Farm Partnership LLP |
General Information |
for the Year Ended 30 September 2021 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accountancy & Taxation Advisers |
Bank Chambers |
Brook Street |
Bishops Waltham |
Hampshire |
SO32 1AX |
Langtons Farm Partnership LLP (Registered number: OC347421) |
Balance Sheet |
30 September 2021 |
30.9.21 | 30.9.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
96,220 |
188,672 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
96,220 |
188,672 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 96,220 | 188,672 |
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. |
Langtons Farm Partnership LLP (Registered number: OC347421) |
Balance Sheet - continued |
30 September 2021 |
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 |
Langtons Farm Partnership LLP (Registered number: OC347421) |
Notes to the Financial Statements |
for the Year Ended 30 September 2021 |
1. | STATUTORY INFORMATION |
Langtons Farm Partnership 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 |
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 |
Financial instruments |
The limited liability partnership only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
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. |
Creditors |
Short term creditors are measured at the transaction price. |
Employee benefits |
Short term employee benefits, including holiday pay and other similar non monetary benefits, are recognised as an expense in the period in which they are incurred. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
Langtons Farm Partnership LLP (Registered number: OC347421) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2021 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 October 2020 |
Disposals | ( |
) |
At 30 September 2021 |
NET BOOK VALUE |
At 30 September 2021 |
At 30 September 2020 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.21 | 30.9.20 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.21 | 30.9.20 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
30.9.21 | 30.9.20 |
£ | £ |
Amounts owed to members in respect of profits | 96,220 | 188,672 |
Falling due within one year | 96,220 | 188,672 |
Unsecured debt due to members will rank equally with debts due to other unsecured creditors in the event of a winding up. |