Limited Liability Partnership registration number OC441352 (England and Wales)
THE LONDON CIDER HOUSE LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE LONDON CIDER HOUSE LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
THE LONDON CIDER HOUSE LLP
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
3,362
4,323
Current assets
Stocks
21,339
20,735
Debtors
5
28,956
23,151
Cash at bank and in hand
33,025
23,833
83,320
67,719
Creditors: amounts falling due within one year
6
(70,339)
(30,980)
Net current assets
12,981
36,739
Total assets less current liabilities and net assets attributable to members
16,343
41,062
Represented by:
Members' other interests
Members' capital classified as equity
(26,657)
(7,642)
Other reserves classified as equity
43,000
48,704
16,343
41,062

For the financial year ended 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the members and authorised for issue on 4 August 2025 and are signed on their behalf by:
04 August 2025
New Forest Cider Ltd
Designated member
Limited Liability Partnership registration number OC441352 (England and Wales)
THE LONDON CIDER HOUSE LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Limited liability partnership information

The London Cider House LLP is a limited liability partnership incorporated in England and Wales. The registered office is Pound Lane, Burley, Hampshire, United Kingdom, BH24 4ED.

 

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover represents sales of products less VAT.

1.3
Members' participating interests

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

 

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

 

Where there exists an asset and liability component in respect of an individual member’s participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts simultaneously, in which case they are presented net.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

THE LONDON CIDER HOUSE LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.6
Retirement benefits and post retirement payments to members

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Judgements and key sources of estimation uncertainty

In the application of the limited liability partnership’s accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2025
2024
Number
Number
Total
8
9
THE LONDON CIDER HOUSE LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
8,645
Additions
1,600
At 31 March 2025
10,245
Depreciation and impairment
At 1 April 2024
4,322
Depreciation charged in the year
2,561
At 31 March 2025
6,883
Carrying amount
At 31 March 2025
3,362
At 31 March 2024
4,323
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
609
-
Other debtors
28,347
23,151
28,956
23,151
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
38,042
13,522
Taxation and social security
21,300
10,734
Other creditors
10,997
6,724
70,339
30,980
THE LONDON CIDER HOUSE LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
7
Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

 

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

 

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members other interests'.

2025-03-312024-04-01falsefalse04 August 2025CCH SoftwareCCH Accounts Production 2025.200falseOC4413522024-04-012025-03-31OC4413522025-03-31OC441352bus:PartnerLLP32024-04-012025-03-31OC4413522023-04-012024-03-31OC441352bus:LimitedLiabilityPartnershipLLP2024-04-012025-03-31OC441352bus:SmallCompaniesRegimeForAccounts2024-04-012025-03-31OC441352bus:FRS1022024-04-012025-03-31OC441352bus:AuditExemptWithAccountantsReport2024-04-012025-03-31OC441352bus:FullAccounts2024-04-012025-03-31xbrli:purexbrli:shares