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REGISTERED NUMBER: OC392873 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Hendred Vineyard LLP

Hendred Vineyard LLP (Registered number: OC392873)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hendred Vineyard LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Mr D A Bell
Dr E Bell





REGISTERED OFFICE: Sheephouse Barn
Reading Road
East Hendred
OX12 8HR





REGISTERED NUMBER: OC392873 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Hendred Vineyard LLP (Registered number: OC392873)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,947 27,077

CURRENT ASSETS
Stocks 13,718 25,847
Debtors 5 95,730 63,976
Cash at bank 16,333 26,597
125,781 116,420
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

(1,851

)

(1,863

)
NET CURRENT ASSETS 123,930 114,557
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

140,877

141,634

LOANS AND OTHER DEBTS DUE
TO MEMBERS

7

140,877

141,634

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

140,877

141,634
Amounts due from members 5 (91,297 ) (58,265 )
49,580 83,369

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 31 March 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.

Hendred Vineyard LLP (Registered number: OC392873)

Balance Sheet - continued
31 March 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.

Approved and authorised by the members of the LLP and authorised for issue on 25 September 2024 and were signed by:





Mr D A Bell - Designated member

Hendred Vineyard LLP (Registered number: OC392873)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Hendred Vineyard 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2023 71,843 13,647 85,490
Additions 6,002 - 6,002
At 31 March 2024 77,845 13,647 91,492
DEPRECIATION
At 1 April 2023 53,885 4,528 58,413
Charge for year 14,622 1,510 16,132
At 31 March 2024 68,507 6,038 74,545
NET BOOK VALUE
At 31 March 2024 9,338 7,609 16,947
At 31 March 2023 17,958 9,119 27,077

Hendred Vineyard LLP (Registered number: OC392873)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,286 3,512
Other debtors 93,444 60,464
95,730 63,976

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 298 309
Other creditors 1,553 1,554
1,851 1,863

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

The SORP recognises that the basis of calculating profits for allocation may differ from the profits reflected through the financial statements prepared in compliance with recommended practice, given the established need to seek to focus profit allocation on ensuring equity between different generations and populations of members.

Consolidation of the results of certain subsidiary undertakings, the provision for annuities to current and former members, pension scheme charges, the spreading of acquisition integration costs and the treatment of long leasehold interests are all items which may generate differences between profits calculated for the purpose of allocation and those reported within the financial statements. Where such differences arise, they have been included within other amounts in the balance sheet.

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.
The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.