Registered No. OC422682 (England and Wales)
HCM Farm Holdings LLP
Unaudited accounts
for the year ended 31 May 2025
HCM Farm Holdings LLP
LLP Information
for the year ended 31 May 2025
Designated members
Mr Carl Arthur Mirauer
Mrs Hayley Louise Mirauer
Registered Number
OC422682 (England and Wales)
Registered Office
Hazelhurst Farm
Flexford Lane
Sway
Hampshire
SO41 6DN
UK
HCM Farm Holdings LLP
Statement of financial position
as at 31 May 2025
Tangible assets
2,946,000
2,797,835
Cash at bank and in hand
579
718
Creditors: amounts falling due within one year
(935,405)
(929,185)
Net current liabilities
(892,611)
(928,467)
Total assets less current liabilities
2,053,389
1,869,368
Creditors: amounts falling due after more than one year
(1,907,454)
(1,838,364)
Net assets attributable to members
145,935
31,004
Members' capital classified as equity
(192,996)
(192,996)
Revaluation reserve
734,361
586,196
Other reserves
(395,430)
(362,196)
Members' other interests
145,935
31,004
For the year ending 31 May 2025 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 27 July 2025.
Mr Carl Arthur Mirauer
Designated member
Limited Liability Partnership Registration No. OC422682
HCM Farm Holdings LLP
Notes to the Accounts
for the year ended 31 May 2025
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:
Plant & machinery
20% on cost
HCM Farm Holdings LLP is a limited liability partnership, incorporated in England and Wales, registration number OC422682. Its registered office is Hazelhurst Farm, Flexford Lane, Sway, Hampshire, SO41 6DN, UK.
3
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At valuation
At cost
At 1 June 2024
2,797,834
609,986
3,407,820
Revaluations
148,165
-
148,165
At 31 May 2025
2,945,999
609,986
3,555,985
At 1 June 2024
-
609,985
609,985
At 31 May 2025
-
609,985
609,985
At 31 May 2025
2,945,999
1
2,946,000
At 31 May 2024
2,797,834
1
2,797,835
The Land & Buildings were professionally revalued in March 2025 by Eloise Owen MRICS FAAV (Symonds & Sampson).
4
Creditors: amounts falling due within one year
2025
2024
Other creditors
935,405
929,185
HCM Farm Holdings LLP
Notes to the Accounts
for the year ended 31 May 2025
5
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,907,454
1,838,364
A fixed and floating charge in favour of Cumberland Building Society was registered on 14 July 2022. This covers all the property and undertaking of the business.
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 2 (2024: 2).