IRIS Accounts Production v25.3.0.601 OC413616 designated member designated member 1.4.24 31.3.25 31.3.25 0 0 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC413616 2024-03-31 OC413616 2025-03-31 OC413616 2024-04-01 2025-03-31 OC413616 2022-09-30 OC413616 2022-10-01 2024-03-31 OC413616 2024-03-31 OC413616 ns15:EnglandWales 2024-04-01 2025-03-31 OC413616 ns14:PoundSterling 2024-04-01 2025-03-31 OC413616 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC413616 ns10:PartnerLLP2 2024-04-01 2025-03-31 OC413616 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC413616 ns10:SmallEntities 2024-04-01 2025-03-31 OC413616 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC413616 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC413616 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC413616 ns10:AbridgedAccounts 2024-04-01 2025-03-31 OC413616 1 2024-04-01 2025-03-31 OC413616 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC413616 ns5:CurrentFinancialInstruments 2025-03-31 OC413616 ns5:CurrentFinancialInstruments 2024-03-31 OC413616 ns5:Non-currentFinancialInstruments 2025-03-31 OC413616 ns5:Non-currentFinancialInstruments 2024-03-31 OC413616 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 OC413616 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-04-01 2025-03-31 OC413616 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 OC413616 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 OC413616 ns5:PlantMachinery 2024-04-01 2025-03-31 OC413616 ns5:MotorVehicles 2024-04-01 2025-03-31 OC413616 ns5:ComputerEquipment 2024-04-01 2025-03-31

REGISTERED NUMBER: OC413616 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Raveley Fen Farms LLP

| Raveley Fen Farms LLP (Registered number: OC413616) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| General Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Raveley Fen Farms LLP |

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | Mr Luke Phipps

| Mrs Joanna Elizabeth Phipps

| REGISTERED OFFICE: | Lake House

| Market Hill

| Royston

| Hertfordshire

| SG8 9JN

| REGISTERED NUMBER: | OC413616 (England and Wales)

| ACCOUNTANTS: | Hardcastle Burton LLP

| Lake House

| Market Hill

| Royston

| Hertfordshire

| SG8 9JN

| Raveley Fen Farms LLP (Registered number: OC413616) |

Abridged Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 1,421,939 |  | 1,355,833 |  |

1,421,939 |  | 1,355,833 |  |

CURRENT ASSETS

Stocks | 29,940 |  | 22,056 |  |

Debtors: amounts falling due within one year | 6,606 |  | 9,006 |  |

Cash at bank | 29,113 |  | 13,710 |  |

65,659 |  | 44,772 |  |

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 55,260 |  | 22,647 |  |

NET CURRENT ASSETS | 10,399 |  | 22,125 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,432,338 |  | 1,377,958 |  |

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | 343,939 |  | 318,026 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 1,088,399 |  | 1,059,932 |  |

MEMBERS' LOANS AND EQUITY | 6 | 101,019 |  | 85,742 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 987,380 |  | 974,190 |  |

1,088,399 |  | 1,059,932 |  |

TOTAL MEMBERS' INTERESTS

Members' loans and equity | 6 | 101,019 |  | 85,742 |  |

Members' other interests | 987,380 |  | 974,190 |  |

1,088,399 |  | 1,059,932 |  |

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.

| Raveley Fen Farms LLP (Registered number: OC413616) |

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 26 September 2025 and were signed by:

Mr Luke Phipps - Designated member

Mrs Joanna Elizabeth Phipps - Designated member

| Raveley Fen Farms LLP (Registered number: OC413616) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Raveley Fen Farms LLP is registered in England and Wales. 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Entitlements are being amortised evenly over their estimated useful life of three years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | not provided

| Improvements to property | - | 4% on cost

| Plant and machinery | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Tractors and combines | - | 15% on reducing balance

| Stocks

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

3. | EMPLOYEE INFORMATION

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

| Raveley Fen Farms LLP (Registered number: OC413616) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024 | 6,152 |  |

| Disposals | (6,152 | ) |

| At 31 March 2025 | - |  |

| AMORTISATION

| At 1 April 2024 | 6,152 |  |

| Eliminated on disposal | (6,152 | ) |

| At 31 March 2025 | - |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024 | 1,423,259 |  |

| Additions | 75,750 |  |

| At 31 March 2025 | 1,499,009 |  |

| DEPRECIATION

| At 1 April 2024 | 67,426 |  |

| Charge for year | 9,644 |  |

| At 31 March 2025 | 77,070 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,421,939 |  |

| At 31 March 2024 | 1,355,833 |  |

6. | MEMBERS' LOANS AND EQUITY

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to members in respect of profits | 101,019 |  | 85,742 |  |

| Falling due within one year | 101,019 |  | 85,742 |  |

| If present, repayment of Members debt will take preference over equity due to Members but not before all other creditors have been settled.