1 March 2022 false No description of principal activity Taxfiler 2023.10.2 OC398458business:LimitedLiabilityPartnershipLLP2022-03-012023-02-28 OC3984582022-02-28 OC3984582022-03-012023-02-28 OC398458business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 OC398458business:FullAccounts2022-03-012023-02-28 OC3984582023-02-28 OC398458business:PartnerLLP12022-03-012023-02-28 OC398458business:PartnerLLP22022-03-012023-02-28 OC398458business:RegisteredOffice2022-03-012023-02-28 OC3984582022-02-28 OC398458core:WithinOneYear2023-02-28 OC398458core:WithinOneYear2022-02-28 OC398458core:AfterOneYear2023-02-28 OC398458core:AfterOneYear2022-02-28 OC398458core:RetainedEarningsAccumulatedLosses2023-02-28 OC398458core:RetainedEarningsAccumulatedLosses2022-02-28 OC398458business:SmallEntities2022-03-012023-02-28 OC398458core:PlantMachinery2022-03-012023-02-28 OC398458countries:EnglandWales2022-03-012023-02-28 OC398458core:Goodwill2022-02-28 OC398458core:Goodwill2023-02-28 OC398458core:Goodwill2022-03-012023-02-28 OC398458core:PlantMachinery2022-02-28 OC398458core:MotorVehicles2022-02-28 OC398458core:PlantMachinery2023-02-28 OC398458core:MotorVehicles2023-02-28 OC398458core:MotorVehicles2022-03-012023-02-28 OC3984582021-03-012022-02-28 iso4217:GBP xbrli:pure
Registered No. OC398458 (England and Wales)
Twigs Nurseries LLP Unaudited accounts for the year ended 28 February 2023
Twigs Nurseries LLP LLP Information for the year ended 28 February 2023
Designated members
Mrs Lara Alessandra Cornelia Michell
Mr Lloyd Andrew John Michell
Registered Number
OC398458 (England and Wales)
Registered Office
WINDY RIDGE BLETCHLEY ROAD THORNBOROUGH BUCKINGHAM BUCKINGHAMSHIRE MK18 2DZ ENGLAND
Accountants
Fairmile Accounting Ltd Boston House Downsview Road Wantage OX12 9FF
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Twigs Nurseries LLP Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
83,417 
86,017 
Tangible assets
2,200 
6,688 
85,617 
92,705 
Current assets
Inventories
21,155 
11,935 
Cash at bank and in hand
3,803 
14,484 
24,958 
26,419 
Creditors: amounts falling due within one year
(13,318)
(2,400)
Net current assets
11,640 
24,019 
Total assets less current liabilities
97,257 
116,724 
Creditors: amounts falling due after more than one year
(97,836)
(97,827)
Net (liabilities)/assets attributable to members
(579)
18,897 
Represented by:
Loans and other debts due to members
4,769 
19,123 
Members' other interests
Other reserves
(5,348)
(226)
(579)
18,897 
Total members' interests
Loans and other debts due to members
4,769 
19,123 
Members' other interests
(5,348)
(226)
(579)
18,897 
For the year ending 28 February 2023 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 28 November 2023.
Mrs Lara Alessandra Cornelia Michell Designated member Limited Liability Partnership Registration No. OC398458
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Twigs Nurseries LLP Notes to the Accounts for the year ended 28 February 2023
1
Accounting policies
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Twigs Nurseries LLP is a limited liability partnership, incorporated in England and Wales, registration number OC398458. Its registered office is WINDY RIDGE BLETCHLEY ROAD, THORNBOROUGH, BUCKINGHAM, BUCKINGHAMSHIRE, MK18 2DZ, ENGLAND.
3
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
104,000 
At 28 February 2023
104,000 
Amortisation
At 1 March 2022
17,983 
Charge for the year
2,600 
At 28 February 2023
20,583 
Net book value
At 28 February 2023
83,417 
At 28 February 2022
86,017 
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
20,881 
11,890 
32,771 
At 28 February 2023
20,881 
11,890 
32,771 
Depreciation
At 1 March 2022
20,881 
5,202 
26,083 
Charge for the year
2,259 
2,229 
4,488 
At 28 February 2023
23,140 
7,431 
30,571 
Net book value
At 28 February 2023
(2,259)
4,459 
2,200 
At 28 February 2022
- 
6,688 
6,688 
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Twigs Nurseries LLP Notes to the Accounts for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
10,548 
- 
Taxes and social security costs
352 
118 
Other creditors
2,418 
2,282 
13,318 
2,400 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
95,417 
94,027 
Other creditors
2,419 
3,800 
97,836 
97,827 
7
Loans and other debts due to members
2023 
2022 
£ 
£ 
Amounts due to members in respect of profits
4,769 
19,123 
Amounts falling due within one year
4,769 
19,123 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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