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Registration number: OC347346

A & G Farms LLP
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

A & G Farms LLP

(Registration number: OC347346)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 63,967 | 75,739
Current assets |  |  |
Debtors |  | 62,947 | 66,756
Cash at bank and in hand |  | 20,483 | 64,513
|  | 83,430 | 131,269
Creditors: Amounts falling due within one year | 5 | (124,282) | (191,113)
Net current liabilities |  | (40,852) | (59,844)
Net assets attributable to members |  | 23,115 | 15,895
Represented by: |  |  |
Total members' interests |  |  |
Loans and other debts due to members |  | 23,115 | 15,895

A & G Farms LLP

(Registration number: OC347346)
Balance Sheet as at 30 June 2025

For the year ending 30 June 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime. As permitted by section 444 (5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of A & G Farms LLP (registered number OC347346) were approved by the Board and authorised for issue on 5 November 2025. They were signed on behalf of the limited liability partnership by:

......................................... A J d'Angibau Designated member

A & G Farms LLP

Notes to the Financial Statements for the Year Ended 30 June 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Members' remuneration and 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. Members' profits are otherwise automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

A & G Farms LLP

Notes to the Financial Statements for the Year Ended 30 June 2025

Depreciation

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:

Asset class | Depreciation method and rate
Plant and machinery | 15% reducing balance
Computer equipment | 33% straight line
Motor vehicles | 25% reducing balance
Solar panels | 4% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the limited liability partnership does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0 (2024 - 0).

A & G Farms LLP

Notes to the Financial Statements for the Year Ended 30 June 2025

3 | Tangible fixed assets

| Plant and machinery £ | Motor vehicles £ | Computer equipment £ | Total £
Cost |  |  |  |
At 1 July 2024 | 89,865 | 66,349 | 561 | 156,775
At 30 June 2025 | 89,865 | 66,349 | 561 | 156,775
Depreciation |  |  |  |
At 1 July 2024 | 46,857 | 33,618 | 561 | 81,036
Charge for the year | 3,589 | 8,183 | - | 11,772
At 30 June 2025 | 50,446 | 41,801 | 561 | 92,808
Net book value |  |  |  |
At 30 June 2025 | 39,419 | 24,548 | - | 63,967
At 30 June 2024 | 43,008 | 32,731 | - | 75,739

4 | Debtors

| 2025 £ | 2024 £
Trade debtors | 8,128 | 37,834
Prepayments and accrued income | 54,819 | 28,922
| 62,947 | 66,756

5 | Creditors: Amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 2,136 | -
Taxation and social security | 8,044 | 5,568
Amounts owed to group undertakings and undertakings in which the LLP has a participating interest | 113,216 | 184,745
Accruals and deferred income | 886 | 800
| 124,282 | 191,113