Woodlands Farm Plantery LLP - Filleted accounts

Registered number

OC371103

Woodlands Farm Plantery LLP

Filleted Accounts

31 December 2024

ADJ 03

W043-WP4

Woodlands Farm Plantery LLP
Registered number:		OC371103
Balance Sheet
as at 31 December 2024
Notes		2024		2023
£			£
Fixed assets
Tangible assets	3	19,551		12,769
Current assets
Stocks		12,000		13,500
Debtors	4	17,165		2,610
Cash at bank and in hand		1,510		3,241
		30,675		19,351

Creditors: amounts falling due within one year	5	(11,209)		(3,854)

Net current assets		19,466		15,497

Total assets less current liabilities		39,017		28,266



Net assets attributable to members		39,017		28,266

Represented by:

Members' other interests
Members' capital classified as equity		39,017		28,266

		39,017		28,266

Total members' interests
Members' other interests		39,017		28,266

		39,017		28,266

For the year ended 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.

These accounts were approved by the members on 30 September 2025 and signed on their behalf by:


Tom Wood
Designated member

Woodlands Farm Plantery LLP
Notes to the Accounts
for the year ended 31 December 2024

1	Accounting policies

	Basis of preparation
	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.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the reducing balance of the asset over its estimated useful life, as follows:

	Plant and machinery	25%
	Fixtures, fittings, tools and equipment	25%

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the LLP		-		-


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				69,546
	Additions				14,780
	Disposals				(16,800)
	At 31 December 2024				67,526

	Depreciation
	At 1 January 2024				56,777
	Charge for the year				6,517
	On disposals				(15,319)
	At 31 December 2024				47,975

	Net book value
	At 31 December 2024				19,551
	At 31 December 2023				12,769


4	Debtors		2024		2023
£				£

	Trade debtors		3,165		2,610
	Other debtors		14,000		-
			17,165		2,610


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		1,370		-
	Other creditors		9,839		3,854
			11,209		3,854


6	Other information

	Woodlands Farm Plantery LLP is a limited liability partnership incorporated in England. Its registered office is:
	Old Stables Piece
	84g Dunstans Road
	East Dulwich
	London
	SE22 0HG