REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
16TH OCTOBER 2023 TO 31ST MARCH 2024 |
FOR |
JONES AND VALLEY FARM LLP |
REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
16TH OCTOBER 2023 TO 31ST MARCH 2024 |
FOR |
JONES AND VALLEY FARM LLP |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 16TH OCTOBER 2023 TO 31ST MARCH 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
JONES AND VALLEY FARM LLP |
GENERAL INFORMATION |
FOR THE PERIOD 16TH OCTOBER 2023 TO 31ST MARCH 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Two Brewers House |
50 North Street |
Thame |
Oxfordshire |
OX9 3BH |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
REPORT OF THE MEMBERS |
FOR THE PERIOD 16TH OCTOBER 2023 TO 31ST MARCH 2024 |
The members present their report with the financial statements of the LLP for the period 16th October 2023 to 31st March 2024. |
INCORPORATION |
The LLP was incorporated on 16th October 2023 . |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the period under review was that of |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The loss for the period before members' remuneration and profit shares was £70,841. |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
INCOME STATEMENT |
FOR THE PERIOD 16TH OCTOBER 2023 TO 31ST MARCH 2024 |
Notes | £ |
TURNOVER |
Cost of sales |
GROSS LOSS | ( |
) |
Administrative expenses |
(77,341 | ) |
Other operating income |
LOSS FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
4 |
(70,841 |
) |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
BALANCE SHEET |
31ST MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
251,540 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
251,540 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 251,540 |
Amounts due from members | 6 | (35,348 | ) |
216,192 |
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. |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
BALANCE SHEET - continued |
31ST MARCH 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 16TH OCTOBER 2023 TO 31ST MARCH 2024 |
1. | STATUTORY INFORMATION |
Jones and Valley Farm 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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | LOSS FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
The loss for the financial period before members' remuneration and profit shares is stated after charging: |
£ |
Depreciation - owned assets |
JONES AND VALLEY FARM LLP (REGISTERED NUMBER: OC449535) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 16TH OCTOBER 2023 TO 31ST MARCH 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31st March 2024 |
DEPRECIATION |
Charge for period |
At 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |