Registered No. OC372694 (England and Wales)
Tinley Lodge Farm LLP
Unaudited accounts
for the year ended 29 February 2024
Tinley Lodge Farm LLP
LLP Information
for the year ended 29 February 2024
Designated members
Curtis Galbraith
Registered Number
OC372694 (England and Wales)
Tinley Lodge Farm LLP
Statement of financial position
as at 29 February 2024
Tangible assets
44,441
44,745
Cash at bank and in hand
17,664
25,539
Creditors: amounts falling due within one year
-
(1,056)
Net current assets
17,833
24,866
Net assets attributable to members
62,274
69,611
Loans and other debts due to members
69,611
66,821
Other reserves
(7,337)
2,790
Loans and other debts due to members
69,611
66,821
Members' other interests
(7,337)
2,790
For the year ending 29 February 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 18 November 2024.
Curtis Galbraith
Designated member
Limited Liability Partnership Registration No. OC372694
Tinley Lodge Farm LLP
Notes to the Accounts
for the year ended 29 February 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
50 year straight line basis
Plant & machinery
25% reducing balance basis
Tinley Lodge Farm LLP is a limited liability partnership, incorporated in England and Wales, registration number OC372694.
3
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
46,950
22,699
-
69,649
At 29 February 2024
46,950
22,699
1,465
71,114
At 1 March 2023
4,695
20,209
-
24,904
Charge for the year
939
830
-
1,769
At 29 February 2024
5,634
21,039
-
26,673
At 29 February 2024
41,316
1,660
1,465
44,441
At 28 February 2023
42,255
2,490
-
44,745
4
Creditors: amounts falling due within one year
2024
2023
5
Loans and other debts due to members
2024
2023
Amounts due to members in respect of profits
69,611
66,821
Amounts falling due within one year
69,611
66,821
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Tinley Lodge Farm LLP
Notes to the Accounts
for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).