Ashdown Farm LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC373228

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,692		8,999

			12,692		8,999
CURRENT ASSETS
Stocks	5	9,020		9,340
Debtors	6	9,870		3,836
Cash at bank and in hand		10,659		54,679

		29,549		67,855
Creditors: Amounts Falling Due Within One Year	7	(11,017 )		(6,040 )

NET CURRENT ASSETS (LIABILITIES)			18,532		61,815

TOTAL ASSETS LESS CURRENT LIABILITIES			31,224		70,814

Creditors: Amounts Falling Due After More Than One Year	8		(10,604 )		(20,717 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			20,620		50,097

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		(37,244)		(37,244)
Other amounts		99,868		76,195

			62,624		38,951

Equity
Members' other interests
Members' capital		(285,503)		(232,353)
Other reserves		243,499		243,499

			(42,004)		11,146

			20,620		50,097

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			62,624		38,951
Members' other interests			(42,004)		11,146

			20,620		50,097

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Ashdown Farm LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Jeremy Poolman

Designated Member

28/05/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ashdown Farm LLP Registered number OC373228 is a limited liability partnership incorporated in England & Wales. The Registered Office is The Quillets, 4 Netherhampton Road, Harnham, Salisbury, Wiltshire, SP2 8HE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the LLP, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	20% reducing balance
Leasehold	20% reduing balance
Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Average Number of Employees

Average number of employees during the year, including members, during the year was as follows:

	2025	2024
Office and administration	1	1

	1	1

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Ashdown Farm LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	47,878	7,884	4,260	60,022
Additions	680	7,000	-	7,680

As at 31 March 2025	48,558	14,884	4,260	67,702

Depreciation
As at 1 April 2024	43,740	4,486	2,797	51,023
Provided during the period	1,998	1,750	239	3,987

As at 31 March 2025	45,738	6,236	3,036	55,010

Net Book Value
As at 31 March 2025	2,820	8,648	1,224	12,692

As at 1 April 2024	4,138	3,398	1,463	8,999

5. Stocks

	2025	2024
	£	£
Stock	9,020	9,340

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	399	3,294
Other debtors (1)	1,400	-
Wood debtors	4,835	-
VAT	3,236	542

	9,870	3,836

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	62	5,085
Other loans R Glasby	10,000	-
Accruals and deferred income	955	955

	11,017	6,040

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bounce back loan	10,604	20,717

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