Registered No. OC381489 (England and Wales)
Kinmonth Estate LLP
Unaudited accounts
for the year ended 31 March 2025
Kinmonth Estate LLP
LLP Information
for the year ended 31 March 2025
Designated members
Morgan Absolute Return Limited
David Richard Paul Morgan
Registered Number
OC381489 (England and Wales)
Kinmonth Estate LLP
Statement of financial position
as at 31 March 2025
Tangible assets
3,536,545
3,510,600
Cash at bank and in hand
11,819
611
Creditors: amounts falling due within one year
(32,209)
(1,170)
Net current liabilities
(20,390)
(559)
Net assets attributable to members
3,516,155
3,510,041
Loans and other debts due to members
65,161
81,226
Members' capital classified as equity
4,969,527
4,969,527
Other reserves
(1,518,533)
(1,540,712)
Loans and other debts due to members
65,161
81,226
Members' other interests
3,450,994
3,428,815
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 29 November 2025.
David Richard Paul Morgan
Designated member
Limited Liability Partnership Registration No. OC381489
Kinmonth Estate 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:
Kinmonth Estate LLP is a limited liability partnership, incorporated in England and Wales, registration number OC381489.
3
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
4,115,303
-
49,000
4,164,303
Additions
-
25,945
-
25,945
At 31 March 2025
4,115,303
25,945
49,000
4,190,248
At 1 April 2024
615,303
-
38,400
653,703
At 31 March 2025
615,303
-
38,400
653,703
At 31 March 2025
3,500,000
25,945
10,600
3,536,545
At 31 March 2024
3,500,000
-
10,600
3,510,600
4
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
31,331
-
Taxes and social security costs
178
470
5
Loans and other debts due to members
2025
2024
Loans from members
65,161
81,226
Amounts falling due within one year
65,161
81,226
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Kinmonth Estate LLP
Notes to the Accounts
for the year ended 31 March 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).