Limited Liability Partnership Registration No. OC368083 (England and Wales)
Hemsworth Farms LLP
Unaudited financial statements
for the year ended 31 March 2023
Pages for filing with registrar
Hemsworth Farms LLP
Statement of financial position
As at 31 March 2023
1
2023
2022
as restated
£
£
£
£
Fixed assets
20,239,358
20,296,571
Current assets
465,293
704,007
Prepayments and accrued income
21,132
27,358
Creditors: amounts falling due within one year
(547,459)
(94,247)
Net current (liabilities)/assets
(61,034)
637,118
Total assets less current liabilities
20,178,324
20,933,689
Creditors: amounts falling due after more than one year
(2,983,642)
(3,617,451)
Net assets attributable to members
17,194,682
17,316,238
Represented by:
Loans and other debts due to members
(1,175,029)
(503,473)
Members' other interests
18,369,711
17,819,711
17,194,682
17,316,238
Notes to the financial statements
1
Employees
The average number of persons, excluding members, employed by the partnership during the year was as follows:
2023
2022
Number
Number
Employees
2
Prior period adjustment
The accounts have been restated to include a fixed asset purchase of land, along with the related loan and costs. As a result of this adjustment fixed assets have increased by £1,628,177, current assets have increased by £108,530 and non-current liabilities have increased by £1,824,818. The overall net decrease in equity, as a result of this restatement, is £88,111.
Hemsworth Farms LLP
Statement of financial position (continued)
As at 31 March 2023
2
Hemsworth Farms LLP is a Limited Liability Partnership incorporated in England and Wales. The registered office is Midland House, 2 Poole Road, Bournemouth, Dorset, BH2 5QY.
For the financial year ended 31 March 2023 the Limited Liability Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small limited liability partnerships.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements were approved by the members and authorised for issue on 7 February 2024 and are signed on its behalf by:
Sophia Alexander
Designated member
Limited Liability Partnership Registration No. OC368083)