Manor Farm Yearsley LLP - Filleted accounts

Registered number

OC404678

Manor Farm Yearsley LLP

Filleted Accounts

31 March 2025

Manor Farm Yearsley LLP
Registered number:		OC404678
Balance Sheet
as at 31 March 2025
Notes		2025		2024
£			£
Fixed assets
Tangible assets	3	650,622		627,539
Current assets
Cash at bank and in hand		2,146		2,061

Creditors: amounts falling due within one year	4	(1,428)		(1,428)

Net current assets		718		633

Total assets less current liabilities		651,340		628,172

Creditors: amounts falling due after more than one year	5	(60,000)		(60,000)


Net assets attributable to members		591,340		568,172

Represented by:
Loans and other debts due to members	6	716,280		681,363

Members' other interests
Members' capital classified as equity		10,000		10,000
Other reserves		(134,940)		(123,191)
		(124,940)		(113,191)

		591,340		568,172

Total members' interests
Loans and other debts due to members	6	716,280		681,363
Members' other interests		(124,940)		(113,191)

		591,340		568,172

For the year ended 31 March 2025 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 14 October 2025 and signed on their behalf by:


Roger B Ellingham Designated member

Manor Farm Yearsley LLP
Notes to the Accounts
for the year ended 31 March 2025

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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	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 cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Buildings and Building Works			are not depreciated
	Motor vehicles are depreciated			over 4 years
	Plant and machinery			over 4 years

	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					2025		2024
Number							Number

	Average number of persons employed by the LLP					0		0


3	Tangible fixed assets
		Buildings and Building works		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	623,680		64,094		26,380		714,154
	Additions	20,090		6,212		-		26,302
	At 31 March 2025	643,770		70,306		26,380		740,456

	Depreciation
	At 1 April 2024	-		60,235		26,380		86,615
	Charge for the year	-		3,219		-		3,219
	At 31 March 2025	-		63,454		26,380		89,834

	Net book value
	At 31 March 2025	643,770		6,852		-		650,622
	At 31 March 2024	623,680		3,859		-		627,539


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,428		1,428


5	Creditors: amounts falling due after one year					2025		2024
£							£

	Other creditors					60,000		60,000


6	Loans and other debts due to members					2025		2024
£							£

	Loans from members					716,280		681,363

	Amounts falling due within one year					716,280		681,363

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


7	Other information

	Manor Farm Yearsley LLP is a limited liability partnership incorporated in England. Its registered office is:
	Manor Farm
	Yearsley
	Brandsby
	York
	YO61 4SL