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REGISTERED NUMBER: OC402152 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

LILLY HALL FARM LLP

LILLY HALL FARM LLP (REGISTERED NUMBER: OC402152)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LILLY HALL FARM LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: E B De Giles
Mrs C R De Giles





REGISTERED OFFICE: Chargrove House
Shurdington Road
Cheltenham
Glos
GL51 4GA





REGISTERED NUMBER: OC402152 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

LILLY HALL FARM LLP (REGISTERED NUMBER: OC402152)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,634 96,250

CURRENT ASSETS
Debtors 5 353 400
Cash at bank 1,000 97
1,353 497
CREDITORS
Amounts falling due within one year 6 1,799 1,729
NET CURRENT LIABILITIES (446 ) (1,232 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

81,188

95,018

LOANS AND OTHER DEBTS DUE TO
MEMBERS

81,188

95,018

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 81,188 95,018

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 2025.

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.

LILLY HALL FARM LLP (REGISTERED NUMBER: OC402152)

BALANCE SHEET - continued
31 MARCH 2025


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 4 August 2025 and were signed by:




E B De Giles - Designated member




Mrs C R De Giles - Designated member


LILLY HALL FARM LLP (REGISTERED NUMBER: OC402152)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Lilly Hall Farm LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Going concern
The members have considered the risks and issues concerning the LLP and it's activities and no material uncertainties that may cast significant doubt about the LLPs ability to continue as a going concern have been identified by the members.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

LILLY HALL FARM LLP (REGISTERED NUMBER: OC402152)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 332,165 17,605 398 350,168
DEPRECIATION
At 1 April 2024 237,695 15,841 382 253,918
Charge for year 14,170 441 5 14,616
At 31 March 2025 251,865 16,282 387 268,534
NET BOOK VALUE
At 31 March 2025 80,300 1,323 11 81,634
At 31 March 2024 94,470 1,764 16 96,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
VAT 76 73
Prepayments 277 327
353 400

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 293 293
Accrued expenses 1,506 1,436
1,799 1,729

Short term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method..

7. CONTINGENT LIABILITIES

The LLP is a member of a VAT group. The VAT liability shown in these financial statements reflects the liability pertaining to Lilly Hall Farm LLP only however Lilly Hall Farm LLP is joint and severally liable for any VAT liability owed by the group.

8. RANKING ON WINDING UP

In the event of the LLP winding up, creditors interests will be met first and interests of the members will be met last.