Registered No. OC421649 (England and Wales)
Somerby Riding Centre LLP
Unaudited accounts
for the year ended 31 March 2025
Somerby Riding Centre LLP
LLP Information
for the year ended 31 March 2025
Designated members
Mrs Gail Stimson
Registered Number
OC421649 (England and Wales)
Registered Office
SOMERBY EQUESTRIAN NEWBOLD LANE
SOMERBY
MELTON MOWBRAY
LEICESTERSHIRE
LE14 2QY
ENGLAND
Somerby Riding Centre LLP
Statement of financial position
as at 31 March 2025
Tangible assets
33,185
44,210
Investments
156,425
135,225
Cash at bank and in hand
14,015
12,704
Creditors: amounts falling due within one year
(27,347)
(9,212)
Net current (liabilities)/assets
(8,434)
7,916
Net assets attributable to members
181,176
187,351
Other reserves
181,176
187,351
Members' other interests
181,176
187,351
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small 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.
These 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.
Approved by the members on 9 June 2025.
Mrs Gail Stimson
Designated member
Limited Liability Partnership Registration No. OC421649
Somerby Riding Centre LLP
Notes to the Accounts
for the year ended 31 March 2025
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on net book value
Motor vehicles
25% on net book value
Fixtures & fittings
10% on net book value
Somerby Riding Centre LLP is a limited liability partnership, incorporated in England and Wales, registration number OC421649. Its registered office is SOMERBY EQUESTRIAN NEWBOLD LANE, SOMERBY, MELTON MOWBRAY, LEICESTERSHIRE, LE14 2QY, ENGLAND.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
55,907
47,000
200
103,107
At 31 March 2025
55,907
47,000
200
103,107
At 1 April 2024
31,705
27,172
20
58,897
Charge for the year
6,050
4,957
18
11,025
At 31 March 2025
37,755
32,129
38
69,922
At 31 March 2025
18,152
14,871
162
33,185
At 31 March 2024
24,202
19,828
180
44,210
4
Investments
Other investments
Somerby Riding Centre LLP
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security costs
3,525
2,161
Other creditors
20,138
2,035
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2024: 13).