Registered Number:OC373280 |
For the year ended 31 March 2024
England and Wales
Report of the Members and Unaudited Financial Statements
For the year ended 31 March 2024
Rosemar Farm LLP
Contents Page
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Statement of Financial Position
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Notes to the Financial Statements
Rosemar Farm LLP
Statement of Financial Position
2023
2024
Property, plant and equipment |
3,045,629
3,045,629
3
3,045,629
3,045,629
Trade and other receivables |
159,780
165,476
4
738
4,597
Cash and cash equivalents |
166,214
164,377
Trade and other payables: amounts falling due within one |
year |
(96,150)
(77,747)
5
68,227
88,467
Net current assets
Total assets less current liabilities |
3,134,096
3,113,856
Trade and other payables: amounts falling due after more |
than one year |
(1,257,076)
(1,317,250)
6
1,816,846
Net assets attributable to members
1,856,780
Loans and other debts due to members |
24,452
223,751
7
-
1,777,133
1,777,133
-
55,940
(144,104)
1,833,073
1,633,029
1,857,525
1,856,780
(40,679)
-
Loans and other debts due to members |
24,452
223,751
7
1,833,073
1,633,029
1,816,846
1,856,780
For the year ended 31 March 2024 the LLP 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 LLPs. |
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 affair of the LLP as at the end of each |
financial year and of its profit or loss for each 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 |
Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
financial statements, so far as applicable to the LLP |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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For the year ended 31 March 2024
Rosemar Farm LLP
Statement of Financial Position Continued
The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime. |
Daniel CoeDesignated Member |
These financial statements were approved by the members on 13 August 2024 and signed on their behalf by:
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For the year ended 31 March 2024
Rosemar Farm LLP
Notes to the Financial Statements
Statutory Information
Rosemar Farm LLP is a limited liability partnership, domiciled in England and Wales, registration number OC373280. |
Rosemar
Shellwood Rd
Leigh
Surrey
RH28 NT
The presentation currency is £ sterling. |
Basis of preparation
The report and financial statements for the year ended 31 March 2024 have been prepared under the historical cost |
convention and in accordance with the Section 1A of Financial Reporting Standard 102 'The Financial Reporting |
Standard applicable in the UK and Republic of Ireland' and the Statement of Recommended Practice "Accounting by |
Limited Liability Partnerships". |
Turnover
Turnover represents rents receivable.
Investment property
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. |
2. Interest payable and similar charges |
2024
2023
Interest payable on bank borrowing |
67,024
59,069
3. Property, plant and equipment |
3,045,629
3,045,629
3,045,629
3,045,629
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For the year ended 31 March 2024
Rosemar Farm LLP
Notes to the Financial Statements Continued
4. Trade and other receivables |
2024
2023
Prepayments & accrued income |
(3,935)
(1,685)
169,411
161,465
165,476
159,780
The debtors above include the following amounts falling due after more than one year: |
Other debtors more than one year |
157,200
157,200
5. Trade and other payables: amounts falling due within one year |
2023
2024
77,747
96,150
6. Trade and other payables: amounts falling due after more than one year |
2024
2023
30,173
24,978
The following liabilities disclosed under creditors falling due after one year are secured by the LLP: |
1,292,272
1,226,903
Bank loans and overdrafts (secured)
1,317,250
1,257,076
7. Loans and other debts due to members |
2023
2024
-
199,299
Amounts due to members in respect of profits |
24,452
24,452
24,452
223,751
8. Average number of persons employed |
During the year the average number of employees was 0
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