REGISTERED NUMBER: OC426369 (England and Wales)

Financial Statements

for the Year Ended 31st March 2025

for

Moss Farm Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr K Moores

Mr P Lloyd

REGISTERED OFFICE:

North Moss Farm

North Moss Lane

Formby

Liverpool

L37 0AQ

REGISTERED NUMBER:

OC426369 (England and Wales)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

River View

96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

FIXED ASSETS

Intangible assets

4

19,583

24,583

Tangible assets

5

171,193

179,515

190,776

204,098

CURRENT ASSETS

Stocks

353,440

325,677

Debtors

6

12,312

39,397

Cash at bank and in hand

6,756

37,172

372,508

402,246

CREDITORS

Amounts falling due within one year

7

9,505

8,820

NET CURRENT ASSETS

363,003

393,426

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

553,779

597,524

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

553,779

597,524

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

553,779

597,524

Amounts due from members

6

-

(19,881

)

553,779

577,643

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 19th November 2025 and were signed by:

Mr K Moores - Designated member

1.	STATUTORY INFORMATION

Moss Farm Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Occupational rights

Occupational rights, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Occupational

rights

£

COST

At 1st April 2024

and 31st March 2025

50,000

AMORTISATION

At 1st April 2024

25,417

Amortisation for year

5,000

At 31st March 2025

30,417

NET BOOK VALUE

At 31st March 2025

19,583

At 31st March 2024

24,583

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

27,650

286,821

314,471

Additions

-

16,312

16,312

At 31st March 2025

27,650

303,133

330,783

DEPRECIATION

At 1st April 2024

9,789

125,167

134,956

Charge for year

2,765

21,869

24,634

At 31st March 2025

12,554

147,036

159,590

NET BOOK VALUE

At 31st March 2025

15,096

156,097

171,193

At 31st March 2024

17,861

161,654

179,515

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,600

4,293

Other debtors

8,712

35,104

12,312

39,397

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

792

Trade creditors

7,305

7,428

Other creditors

2,200

600

9,505

8,820

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.