1 April 2023 false No description of principal activity Taxfiler 2024.6.1 OC421649business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC4216492023-03-31 OC4216492023-04-012024-03-31 OC421649business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 OC421649business:FullAccounts2023-04-012024-03-31 OC4216492024-03-31 OC421649business:PartnerLLP12023-04-012024-03-31 OC421649business:PartnerLLP22023-04-012024-03-31 OC421649business:PartnerLLP32023-04-012024-03-31 OC421649business:RegisteredOffice2023-04-012024-03-31 OC4216492023-03-31 OC421649core:WithinOneYear2024-03-31 OC421649core:WithinOneYear2023-03-31 OC421649core:RetainedEarningsAccumulatedLosses2024-03-31 OC421649core:RetainedEarningsAccumulatedLosses2023-03-31 OC421649business:SmallEntities2023-04-012024-03-31 OC421649core:PlantMachinery2023-04-012024-03-31 OC421649core:MotorVehicles2023-04-012024-03-31 OC421649core:FurnitureFittings2023-04-012024-03-31 OC421649countries:EnglandWales2023-04-012024-03-31 OC421649core:PlantMachinery2023-03-31 OC421649core:MotorVehicles2023-03-31 OC421649core:FurnitureFittings2023-03-31 OC421649core:PlantMachinery2024-03-31 OC421649core:MotorVehicles2024-03-31 OC421649core:FurnitureFittings2024-03-31 OC421649core:DisposalsRepaymentsInvestments2024-03-31 OC4216492022-04-012023-03-31 iso4217:GBP xbrli:pure
Registered No. OC421649 (England and Wales)
Somerby Riding Centre LLP Unaudited accounts for the year ended 31 March 2024
Somerby Riding Centre LLP LLP Information for the year ended 31 March 2024
Designated members
Ms Stephanie Louise Smith
Mrs Gail Stimson
Lucy Stimson
Registered Number
OC421649 (England and Wales)
Registered Office
SOMERBY EQUESTRIAN NEWBOLD LANE SOMERBY MELTON MOWBRAY LEICESTERSHIRE LE14 2QY ENGLAND
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Somerby Riding Centre LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,210 
57,634 
Investments
135,225 
138,725 
179,435 
196,359 
Current assets
Debtors
4,424 
- 
Cash at bank and in hand
12,704 
2,450 
17,128 
2,450 
Creditors: amounts falling due within one year
(9,212)
(40,054)
Net current assets/(liabilities)
7,916 
(37,604)
Net assets attributable to members
187,351 
158,755 
Represented by:
Members' other interests
Other reserves
187,351 
158,755 
187,351 
158,755 
Total members' interests
Members' other interests
187,351 
158,755 
187,351 
158,755 
For the year ending 31 March 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 9 January 2025.
Mrs Gail Stimson Designated member Limited Liability Partnership Registration No. OC421649
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Somerby Riding Centre LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
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:
Plant & machinery
25% on net book value
Motor vehicles
25% on net book value
Fixtures & fittings
10% on net book value
2
Statutory information
Somerby Riding Centre LLP is a limited liability partnership, incorporated in England and Wales, registration number OC421649. Its registered office is SOMERBY EQUESTRIAN NEWBOLD LANE, SOMERBY, MELTON MOWBRAY, LEICESTERSHIRE, LE14 2QY, ENGLAND.
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
54,835 
47,000 
- 
101,835 
Additions
1,072 
- 
200 
1,272 
At 31 March 2024
55,907 
47,000 
200 
103,107 
Depreciation
At 1 April 2023
23,638 
20,563 
- 
44,201 
Charge for the year
8,067 
6,609 
20 
14,696 
At 31 March 2024
31,705 
27,172 
20 
58,897 
Net book value
At 31 March 2024
24,202 
19,828 
180 
44,210 
At 31 March 2023
31,197 
26,437 
- 
57,634 
4
Investments
Other investments 
Cost
£ 
At 1 April 2023
138,725 
Disposals
(3,500)
At 31 March 2024
135,225 
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Somerby Riding Centre LLP Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
33,355 
Taxes and social security costs
2,161 
1,683 
Other creditors
2,035 
- 
Accruals
5,016 
5,016 
9,212 
40,054 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 13 (2023: 10).
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