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REGISTERED NUMBER: OC439322 (England and Wales)












AGRICULTURAL PRODUCE PARTNERS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024






AGRICULTURAL PRODUCE PARTNERS LLP (REGISTERED NUMBER: OC439322)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGRICULTURAL PRODUCE PARTNERS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DESIGNATED MEMBERS: Dr M C Hogge
S C Crocker
J W E Bulford





REGISTERED OFFICE: Unit 1, Old Tote Buildings
Exeter Racecourse
Kennford
Exeter
Devon
EX6 7XS





REGISTERED NUMBER: OC439322 (England and Wales)

AGRICULTURAL PRODUCE PARTNERS LLP (REGISTERED NUMBER: OC439322)

BALANCE SHEET
5 APRIL 2024

2024 2023
Notes £ £
CURRENT ASSETS
Debtors 4 233,760 195,929
Cash at bank 46,340 32,507
280,100 228,436
CREDITORS
Amounts falling due within one year 5 (61,604 ) (76,917 )
NET CURRENT ASSETS 218,496 151,519
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

218,496

151,519

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

218,496

151,519

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 218,496 151,519
Amounts due from members 4 (61,096 ) (14,092 )
157,400 137,427

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 5 April 2024.

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.

AGRICULTURAL PRODUCE PARTNERS LLP (REGISTERED NUMBER: OC439322)

BALANCE SHEET - continued
5 APRIL 2024


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 8 October 2024 and were signed by:





Dr M C Hogge - Designated member

AGRICULTURAL PRODUCE PARTNERS LLP (REGISTERED NUMBER: OC439322)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024


1. STATUTORY INFORMATION

Agricultural Produce Partners 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.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and far view.

The financial statements are prepared in sterling, which is the functional currency of the LLP. Monetary amounts in these financial statements are rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 172,664 181,836
Other debtors 61,096 14,093
233,760 195,929

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 13 13
Taxation and social security 37,822 37,380
Other creditors 23,769 39,524
61,604 76,917

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.

AGRICULTURAL PRODUCE PARTNERS LLP (REGISTERED NUMBER: OC439322)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


7. RELATED PARTY DISCLOSURES

Rush Group Limited
A company in which the members are directors.

At the year end the LLP owed the related party £20,724 (2023 : £36,724).