Company No:
Contents
DESIGNATED MEMBERS | Mr K Spottiswoode (Appointed 27 January 2023) |
Mrs S Spottiswoode (Appointed 27 January 2023) |
REGISTERED OFFICE | Sigma House Oak View Close |
Edginswell Park | |
Torquay | |
Devon | |
TQ2 7FF | |
United Kingdom |
REGISTERED NUMBER | OC445568 (England and Wales) |
CHARTERED ACCOUNTANTS | Francis Clark LLP |
Sigma House | |
Oak View Close | |
Edginswell Park | |
Torquay | |
TQ2 7FF |
Note | 31.03.2024 | |
£ | ||
Fixed assets | ||
Tangible assets | 4 |
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300,379 | ||
Current assets | ||
Stocks |
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Cash at bank and in hand |
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7,319 | ||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (366,629) | |
Total assets less current liabilities | (66,250) | |
Net liabilities attributable to members | (
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Represented by | ||
Loans and other debts due to members within one year | ||
Other amounts | (100) | |
(100) | ||
Members' other interests | ||
Other reserves | (66,150) | |
(66,150) | ||
(66,250) | ||
Total members' interests | ||
Loans and other debts due to members | (100) | |
Members' other interests | (66,150) | |
(66,250) |
Members' responsibilities:
The financial statements of Lydeard Farm Bush Camp and Lodges LLP (registered number:
Mrs S Spottiswoode
Designated member |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Lydeard Farm Bush Camp and Lodges LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Sigma House Oak View Close, Edginswell Park, , Torquay, Devon, TQ2 7FF, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The members have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The members note that the business has net liabilities of £66,250. The LLP is supported through loans from the members. The members have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the members will continue to support the LLP. Given the current position, the members believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
The reporting period is from 27 January 2023 to 31 January 2024 due to this being the first period after incorporation.
Land and buildings |
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Vehicles |
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Fixtures and fittings |
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Period from 27.01.2023 to 31.03.2024 |
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Number | |
Monthly average number of persons employed by the LLP during the period |
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Profits are shared among the members in accordance with agreed profit sharing arrangements. Members are required to make their own provision for pensions from their profit shares.
31.03.2024 | |
Number | |
Average number of members during the financial period | 2 |
Land and buildings | Vehicles | Fixtures and fittings | Total | ||||
£ | £ | £ | £ | ||||
Cost | |||||||
At 27 January 2023 |
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Additions |
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At 31 March 2024 |
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Accumulated depreciation | |||||||
At 27 January 2023 |
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Charge for the financial period |
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At 31 March 2024 |
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Net book value | |||||||
At 31 March 2024 |
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31.03.2024 | |
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Amounts owed to members |
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Accruals and deferred income |
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