Hill Farm Lilley Green LLP

	Page
Balance Sheet	1—2
Reconciliation of Members' Interests	3—4
Notes to the Financial Statements	4—5

Registered number: OC429323

		5 April 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		351,661		350,786

			351,661		350,786
CURRENT ASSETS
Debtors	5	11,266		14,705
Cash at bank and in hand		97,245		72,443

		108,511		87,148
Creditors: Amounts Falling Due Within One Year	6	(232 )		(205 )

NET CURRENT ASSETS (LIABILITIES)			108,279		86,943

TOTAL ASSETS LESS CURRENT LIABILITIES			459,940		437,729

NET ASSETS ATTRIBUTABLE TO MEMBERS			459,940		437,729

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		66,508		44,297

			66,508		44,297

Equity
Members' other interests
Members' capital		356,815		356,815
Other reserves		36,617		36,617

			393,432		393,432

			459,940		437,729

TOTAL MEMBERS' INTEREST
Amounts due from members			(11,043)		(14,705)
Loans and other debts due to members within one year			66,508		44,297
Members' other interests			393,432		393,432

			448,897		423,024

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Page 2

Hill Farm Lilley Green LLP

Balance Sheet (continued)

As At 5 April 2025

For the period ending 5 April 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 John Long

Designated Member

31/07/2025

The notes on pages 4 to 5 form part of these financial statements.

	EQUITY			DEBT
	Members' other interests			Loans and other debts due to members less any amounts due from members in debtors
	Members'Capital classified as Equity	Other Reserves	Total Equity	Other amounts	Total members' interest
	£	£	£	£	£
Amounts due to members	-	-	-	42,622	-
Amounts due from members	-	-	-	(15,237)	-

Balance at 1 January 2023	354,948	36,617	391,565	27,385	418,950
Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	-	33,960	33,960
Profit/(loss) for the financial year available for discretionary division among members	-	15,682	15,682	-	15,682

Members' interests after profit/(loss) for the year	354,948	52,299	407,247	61,345	468,592
Other divisions of profits (losses)	-	(15,682)	(15,682)	15,682	-
Introduced by members	1,867	-	1,867	-	1,867
Drawings	-	-	-	(47,435)	(47,435)

Amounts due to members	-	-	-	44,297	-
Amounts due from members	-	-	-	(14,705)	-

As at 31 December 2023 and 1 January 2024	356,815	36,617	393,432	29,592	423,024


Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	-	46,950	46,950
Profit/(loss) for the financial year available for discretionary division among members	-	38,753	38,753	-	38,753

Members' interests after profit/(loss) for the year	356,815	75,370	432,185	76,542	508,727
Other divisions of profits (losses)	-	(38,753)	(38,753)	38,753	-
Drawings	-	-	-	(59,830)	(59,830)

Amounts due to members	-	-	-	66,508	-
Amounts due from members	-	-	-	(11,043)	-

As at 5 April 2025	356,815	36,617	393,432	55,465	448,897

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Hill Farm Lilley Green LLP

Notes to the Financial Statements

For the Period 1 January 2024 to 5 April 2025

1. General Information

Hill Farm Lilley Green LLP is a limited liability partnership, incorporated in England & Wales, registered number OC429323 . The Registered Office is Hill Farm Lilley Green Road, Alvechurch, Birmingham, West Midlands, B48 7EU.

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 December 2021 (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

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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated 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	0%
Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: NIL (2023: NIL)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	350,000	1,283	139	351,422
Additions	-	469	960	1,429

As at 5 April 2025	350,000	1,752	1,099	352,851

...CONTINUED

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Hill Farm Lilley Green LLP

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 5 April 2025

Depreciation
As at 1 January 2024	-	529	107	636
Provided during the period	-	306	248	554

As at 5 April 2025	-	835	355	1,190

Net Book Value
As at 5 April 2025	350,000	917	744	351,661

As at 1 January 2024	350,000	754	32	350,786

5. Debtors

	5 April 2025	31 December 2023
	£	£
Due within one year
Prepayments and accrued income	223	-
Amounts due from members	11,043	14,705

	11,266	14,705

6. Creditors: Amounts Falling Due Within One Year

	5 April 2025	31 December 2023
	£	£
Trade creditors	-	205
Accruals and deferred income	232	-

	232	205

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