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REGISTERED NUMBER: OC432485 (England and Wales)


UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

THATCHED HOUSE FARM LLP

THATCHED HOUSE FARM LLP (REGISTERED NUMBER: OC432485)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3

Report of the Accountants 5

THATCHED HOUSE FARM LLP (REGISTERED NUMBER: OC432485)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,027 49,438

CURRENT ASSETS
Stocks 13,681 16,099
Debtors 5 660 927
Cash at bank and in hand 6,819 8,725
21,160 25,751
CREDITORS
Amounts falling due within one year 6 2,947 5,921
NET CURRENT ASSETS 18,213 19,830
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

59,240

69,268

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

59,240

69,268

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 59,240 69,268

THATCHED HOUSE FARM LLP (REGISTERED NUMBER: OC432485)

BALANCE SHEET - continued
31ST JULY 2024


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 31st July 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.

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.

The financial statements were approved by the members of the LLP and authorised for issue on 4th July 2025 and were signed by:




Ms V Jenkins - Designated member




R Bloss - Designated member


THATCHED HOUSE FARM LLP (REGISTERED NUMBER: OC432485)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

Thatched House Farm LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC432485

Registered office: Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 2 (2023 - 2 ) .

THATCHED HOUSE FARM LLP (REGISTERED NUMBER: OC432485)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st August 2023
and 31st July 2024 24,729 51,578 5,500 81,807
DEPRECIATION
At 1st August 2023 11,046 18,917 2,406 32,369
Charge for year 2,736 4,901 774 8,411
At 31st July 2024 13,782 23,818 3,180 40,780
NET BOOK VALUE
At 31st July 2024 10,947 27,760 2,320 41,027
At 31st July 2023 13,683 32,661 3,094 49,438

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 71 -
Other debtors 589 927
660 927

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,197 4,483
Other creditors 750 1,438
2,947 5,921

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

The debts due to the members are repayable after any secured debts, HMRC and supplier debts.

THATCHED HOUSE FARM LLP

REPORT OF THE ACCOUNTANTS TO THE MEMBERS OF
THATCHED HOUSE FARM LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st July 2024 set out on pages three to seven and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ashton Wallace
Chartered Certified Accountants
Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF


Date: .............................................