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REGISTERED NUMBER: SO305666 (Scotland)











Unaudited Financial Statements for the Year Ended 5th April 2022

for

Strathaven Partners LLP

Strathaven Partners LLP (Registered number: SO305666)






Contents of the Financial Statements
for the Year Ended 5th April 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Strathaven Partners LLP

General Information
for the Year Ended 5th April 2022







DESIGNATED MEMBERS: S G Hunter
I D Hunter
Mrs D J Dickson
A W Moore
J B Moore





REGISTERED OFFICE: C/O Turcan Connell
Princes Exchange
1 Earl Grey Street
Edinburgh
EH3 9EE





REGISTERED NUMBER: SO305666 (Scotland)





ACCOUNTANTS: Farries Kirk & McVean
Dumfries Enterprise Park
Heathhall
Dumfries
DUMFRIESSHIRE
DG1 3SJ

Strathaven Partners LLP (Registered number: SO305666)

Balance Sheet
5th April 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 1,261 1,444
Cash at bank 5,656 5,172
6,917 6,616
CREDITORS
Amounts falling due within one year 5 (600 ) (600 )
NET CURRENT ASSETS 6,317 6,016
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 6,317 6,016

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

6,317

6,016

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 6,317 6,016

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 5th April 2022.

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 22nd August 2022 and were signed by:




S G Hunter - Designated member




Mrs D J Dickson - Designated member


Strathaven Partners LLP (Registered number: SO305666)

Notes to the Financial Statements
for the Year Ended 5th April 2022

1. STATUTORY INFORMATION

Strathaven Partners LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 from farming, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non current liabilities.

Borrowings
Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transactions costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Provisions and contingencies
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 1,258 1,440
Other debtors 3 4
1,261 1,444

Strathaven Partners LLP (Registered number: SO305666)

Notes to the Financial Statements - continued
for the Year Ended 5th April 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other creditors 600 600

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Trade and other creditors rank over loans and other debts due to members.

Strathaven Partners LLP

Report of the Accountants to the Members of
Strathaven Partners LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 5th April 2022 set out on pages three to seven and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Farries Kirk & McVean
Dumfries Enterprise Park
Heathhall
Dumfries
DUMFRIESSHIRE
DG1 3SJ


22nd August 2022