Registered number
OC397280
CHILTERN VALLEY VINEYARD WINERY & BREWERY LLP
Filleted Accounts
31 March 2025
CHILTERN VALLEY VINEYARD WINERY & BREWERY LLP
Registered number: OC397280
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 12,703 17,271
Current assets
Stocks 171,378 239,161
Debtors 4 11,565 14,155
Cash at bank and in hand 15,951 167,469
198,894 420,785
Creditors: amounts falling due within one year 5 (369,920) (531,775)
Net current liabilities (171,026) (110,990)
Total assets less current liabilities (158,323) (93,719)
Creditors: amounts falling due after more than one year 6 - (16,212)
Net liabilities attributable to members (158,323) (109,931)
Represented by:
Members' other interests
Other reserves (158,323) (239,953)
(158,323) (239,953)
Total members' interests
Members' other interests (158,323) (239,953)
(158,323) (239,953)
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 17 June 2025 and signed on their behalf by:
D Ealand
Designated member
CHILTERN VALLEY VINEYARD WINERY & BREWERY LLP
Notes to the Accounts
for the year ended 31 March 2025
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Motor vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2025 2024
Number Number
Average number of persons employed by the LLP 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 105,568 13,650 119,218
Additions 340 - 340
Disposals - (13,650) (13,650)
At 31 March 2025 105,908 - 105,908
Depreciation
At 1 April 2024 88,309 13,638 101,947
Charge for the year 4,896 12 4,908
On disposals - (13,650) (13,650)
At 31 March 2025 93,205 - 93,205
Net book value
At 31 March 2025 12,703 - 12,703
At 31 March 2024 17,259 12 17,271
4 Debtors 2025 2024
£ £
Trade debtors 11,565 14,155
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 17,406 29,332
Customer deposits received - 366,276
Obligations under finance lease and hire purchase contracts 223,769 -
Trade creditors 47,529 63,528
Other taxes and social security costs 12,909 8,332
Vat 23,388 22,534
Accruals 30,419 38,773
Other creditors 14,500 3,000
369,920 531,775
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans - 16,212
7 Other information
CHILTERN VALLEY VINEYARD WINERY & BREWERY LLP is a limited liability partnership incorporated in England. Its registered office is:
6 Portal Business Park Suite 3 & 4
Eaton Lane
Tarporley
West Cheshire & Chester
CW6 9DL
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