REGISTERED NUMBER: NC001719 (Northern Ireland)

LITTLE AGRI LLP

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

General Information

1

Report of the Members

2

Report of the Accountants

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

7

DESIGNATED MEMBERS:

C O'Brien

A Little

REGISTERED OFFICE:

57 Cloghtogle Road

Killee

Lisbellaw

Enniskillen

BT94 5BN

REGISTERED NUMBER:

NC001719 (Northern Ireland)

ACCOUNTANTS:

Cooper Parry Advisory Limited

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of agricultural contracting.

DESIGNATED MEMBERS

The designated members during the year under review were:

C O'Brien

A Little

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £34,808 (2024 - £113,304 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

C O'Brien - Designated member

8 September 2025

We have prepared for your approval the financial statements of Little Agri LLP for the period ended 31 March 2023 which comprise the Trading, Profit and Loss Account, the Balance Sheet and related notes from the accounting records and information and explanations you have given to us.

This report is made solely to you, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Little Agri LLP and state those matters that we have agreed to state to you in this report in accordance with the guidance of Chartered Accountants Ireland. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Little Agri LLP for our work or for this report.

We have carried out this engagement in accordance with technical guidance issued by Chartered Accountants Ireland and have complied with the ethical guidance laid down by Chartered Accountants Ireland.

You have approved the Trading, Profit and Loss Account, the Balance Sheet and related notes for the year ended 31 March 2025 and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation.

We have not been instructed to carry out an audit or a review of the financial statements of Little Agri LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.

Cooper Parry Advisory Limited

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

8 September 2025

TURNOVER

175,831

89,589

Cost of sales

(32,964

)

(39,208

)

GROSS PROFIT

142,867

50,381

Administrative expenses

(177,821

)

(166,194

)

(34,954

)

(115,813

)

Other operating income

-

2,400

OPERATING LOSS

4

(34,954

)

(113,413

)

Interest receivable and similar income

146

109

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(34,808

)

(113,304

)

FIXED ASSETS

Tangible assets

5

227,500

251,384

CURRENT ASSETS

Debtors

6

7,254

5,187

Cash at bank

15,803

3,993

23,057

9,180

CREDITORS

Amounts falling due within one year

7

(33,285

)

(21,651

)

NET CURRENT LIABILITIES

(10,228

)

(12,471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

217,272

238,913

CREDITORS

Amounts falling due after more than one year

8

(1,082

)

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

216,190

238,913

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

216,190

238,913

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

216,190

238,913

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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 8 September 2025 and were signed by:

C O'Brien - Designated member

A Little - Designated member

1.	STATUTORY INFORMATION

Little Agri LLP is registered in Northern Ireland. The LLP's registered number and registered office address can be found on the General Information page.

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.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Sales

The turnover shown in the profit and loss account represents amounts received or receivable for goods and services provided in the normal course of business, exclusive of Value Added Tax.

3.	EMPLOYEE INFORMATION

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

4.	OPERATING LOSS

The operating loss is stated after charging:

2025

2024

£

£

Depreciation - owned assets

56,723

63,689

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

304,177

50,000

354,177

Additions

32,839

-

32,839

At 31 March 2025

337,016

50,000

387,016

DEPRECIATION

At 1 April 2024

90,738

12,055

102,793

Charge for year

47,237

9,486

56,723

At 31 March 2025

137,975

21,541

159,516

NET BOOK VALUE

At 31 March 2025

199,041

28,459

227,500

At 31 March 2024

213,439

37,945

251,384

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,254

5,187

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

12,266

-

Trade creditors

19,166

19,771

Taxation and social security

953

980

Other creditors

900

900

33,285

21,651

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,082

-

9.

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.