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REGISTERED NUMBER: OC431431 (England and Wales)














REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ETTINGTON FARMING & FORESTRY LLP

ETTINGTON FARMING & FORESTRY LLP (REGISTERED NUMBER: OC431431)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

General Information 1

Report of the Members 2

Balance Sheet 3

Notes to the Financial Statements 5


ETTINGTON FARMING & FORESTRY LLP

GENERAL INFORMATION
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: Mr E R Shirley
Ettington Estate Limited





REGISTERED OFFICE: Talton Farm
Newbold On Stour
Stratford on Avon
Warwickshire
CV37 8UB





REGISTERED NUMBER: OC431431 (England and Wales)





ACCOUNTANTS: Michael Harwood & Co
Chartered Accountants
Greville House
10 Jury Street
Warwick
Warwickshire
CV34 4EW

ETTINGTON FARMING & FORESTRY LLP (REGISTERED NUMBER: OC431431)

REPORT OF THE MEMBERS
for the Year Ended 31 March 2023

The members present their report with the financial statements of the LLP for the year ended 31 March 2023.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of farming and forestry.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mr E R Shirley
Ettington Estate Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £55,822 (2022 - £141,820 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr E R Shirley - Designated member


21 November 2023

ETTINGTON FARMING & FORESTRY LLP (REGISTERED NUMBER: OC431431)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 525,826 440,579
Investments 5 9,860 9,860
535,686 450,439

CURRENT ASSETS
Stocks 480,514 512,140
Debtors 6 33,376 156,132
Prepayments and accrued income 387 8,493
Cash at bank 123,478 50,510
637,755 727,275
CREDITORS
Amounts falling due within one year 7 825,343 843,431
NET CURRENT LIABILITIES (187,588 ) (116,156 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

348,098

334,283

ACCRUALS AND DEFERRED INCOME 116,447 128,022
NET ASSETS ATTRIBUTABLE TO
MEMBERS

231,651

206,261

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

231,651

206,261

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 231,651 206,261

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 31 March 2023.

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.

ETTINGTON FARMING & FORESTRY LLP (REGISTERED NUMBER: OC431431)

BALANCE SHEET - continued
31 March 2023


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 21 November 2023 and were signed by:





Mr E R Shirley - Designated member

ETTINGTON FARMING & FORESTRY LLP (REGISTERED NUMBER: OC431431)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Ettington Farming & Forestry 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2022 404,868 91,131 495,999
Additions 106,013 18,157 124,170
At 31 March 2023 510,881 109,288 620,169
DEPRECIATION
At 1 April 2022 20,243 35,177 55,420
Charge for year 22,997 15,926 38,923
At 31 March 2023 43,240 51,103 94,343
NET BOOK VALUE
At 31 March 2023 467,641 58,185 525,826
At 31 March 2022 384,625 55,954 440,579

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
Entitlements 9,860 9,860

ETTINGTON FARMING & FORESTRY LLP (REGISTERED NUMBER: OC431431)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors - 3,911
VAT 33,376 152,221
33,376 156,132

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 15,394 22,451
Profit shares payable 100,911 164,341
Ettington Estates 709,038 656,639
825,343 843,431

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts in "Loans and other debts due to members" will rank equally with unsecured creditors.