Barsham Barns (Norfolk) Limited Liability Partnership

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: OC305098

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		163,791		170,190

			163,791		170,190
Creditors: Amounts Falling Due Within One Year	5	(600 )		(960 )

NET CURRENT ASSETS (LIABILITIES)			(600 )		(960 )

TOTAL ASSETS LESS CURRENT LIABILITIES			163,191		169,230

NET ASSETS ATTRIBUTABLE TO MEMBERS			163,191		169,230

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		133,594		148,442

			133,594		148,442

Equity
Members' other interests
Other reserves		29,597		20,788

			29,597		20,788

			163,191		169,230

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			133,594		148,442
Members' other interests			29,597		20,788

			163,191		169,230

For the year ending 31 July 2025 the LLP 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Anthony William Hudson Designated Member	Mrs Jennifer Linley Hudson Designated Member
31/10/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Barsham Barns (Norfolk) Limited Liability Partnership is a limited liability partnership, incorporated in England & Wales, registered number OC305098 . The Registered Office is 37 St. Andrews Street, Norwich, England, NR2 4TP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Revenue is recognised to the extent that It is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or r^elvable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide accommodation senrices Is recognised in the period In which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfit:

- the amount of revenue can be measure reliably:

- it is probable that the LLP will receive the consideration due under the contract؛

- the stage of completion of the contract at the end of the reporting period can be measured reliably: and

- the costs incumed and the costs to complete the contract can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2.50% straight line basis
Fixtures & Fittings	20.00% reducing balance basis
Computer Equipment	15.00% reducing balance basis

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 August 2024	269,422

As at 31 July 2025	269,422

Depreciation
As at 1 August 2024	99,232
Provided during the period	6,399

As at 31 July 2025	105,631

Net Book Value
As at 31 July 2025	163,791

As at 1 August 2024	170,190

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Page 3

Barsham Barns (Norfolk) Limited Liability Partnership

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	600	960

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