REGISTERED NUMBER: OC335205 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CAROLINE'S DAIRY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C J W B Spiby

Mrs C Spiby

REGISTERED OFFICE:

Chalder Farm

Chalder Lane

Chichester

West Sussex

PO20 7RN

REGISTERED NUMBER:

OC335205 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

26,384

41,519

CURRENT ASSETS

Stocks

53,385

52,049

Debtors

5

21,863

27,121

Cash at bank and in hand

89,065

107,298

164,313

186,468

CREDITORS

Amounts falling due within one year

6

48,855

55,721

NET CURRENT ASSETS

115,458

130,747

TOTAL ASSETS LESS CURRENT LIABILITIES

141,842

172,266

CREDITORS

Amounts falling due after more than one year

7

20,167

30,167

NET ASSETS ATTRIBUTABLE TO MEMBERS

121,675

142,099

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

121,675

142,099

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

121,675

142,099

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 9th December 2025 and were signed by:

Mrs C Spiby - Designated member

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Improvements to property

-

4% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% 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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Grants

Where grants are received which impose specified future performance-related conditions, the income is recognised only when the performance-related conditions are met.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st April 2024

16,271

135,666

16,789

Additions

-

-

-

At 31st March 2025

16,271

135,666

16,789

DEPRECIATION

At 1st April 2024

10,807

130,081

16,667

Charge for year

651

4,539

70

At 31st March 2025

11,458

134,620

16,737

NET BOOK VALUE

At 31st March 2025

4,813

1,046

52

At 31st March 2024

5,464

5,585

122

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

46,520

2,927

218,173

Additions

-

249

249

At 31st March 2025

46,520

3,176

218,422

DEPRECIATION

At 1st April 2024

16,820

2,279

176,654

Charge for year

9,900

224

15,384

At 31st March 2025

26,720

2,503

192,038

NET BOOK VALUE

At 31st March 2025

19,800

673

26,384

At 31st March 2024

29,700

648

41,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,082

12,466

Other debtors

14,781

14,655

21,863

27,121

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

23,545

32,451

Taxation and social security

2,944

4,454

Other creditors

12,366

8,816

48,855

55,721

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,167

14,167

Other creditors

16,000

16,000

20,167

30,167

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' (other than members' capital classified as debt) would rank equally in relation to other creditors.

9.	RELATED PARTY DISCLOSURES

In line with other small LLP's there are transactions with related parties which are conducted on an arms length basis and no additional disclosures are required.

10.	ULTIMATE CONTROLLING PARTY

C J W B Spiby and C Spiby are the controlling parties of Caroline's Dairy LLP.