Sallywood Farm LLP

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

Registered number: OC440706

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		15,444		28,830

			15,444		28,830
CURRENT ASSETS
Debtors	5	141,413		89,958
Cash at bank and in hand		1,145		3,194

		142,558		93,152
NET CURRENT ASSETS (LIABILITIES)			142,558		93,152

TOTAL ASSETS LESS CURRENT LIABILITIES			158,002		121,982

Creditors: Amounts Falling Due After More Than One Year	6		(80,827 )		(79,980 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			77,175		42,002

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		35,173		-

			35,173		-

Equity
Members' other interests
Members' capital		42,002		42,002

			42,002		42,002

			77,175		42,002

TOTAL MEMBERS' INTEREST
Amounts due from members			(141,413)		(89,958)
Loans and other debts due to members within one year			35,173		-
Members' other interests			42,002		42,002

			(64,238)		(47,956)

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Sallywood Farm LLP

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 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

Ms Anna Halpern-Lande

Designated Member

4 January 2026

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

1. General Information

Sallywood Farm is a limited liability partnership, incorporated inEngland and Wales registered number OC440706. The registered office is 71-75 Shelton St, Covent Garden, London WC2H 9JQ

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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	25% reducing balance
Plant & Machinery	25% reducing balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 3 (2024: 5)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 February 2024	36,269	21,323	57,592
Additions	750	600	1,350

As at 31 January 2025	37,019	21,923	58,942

Depreciation
As at 1 February 2024	19,014	9,748	28,762
Provided during the period	9,255	5,481	14,736

As at 31 January 2025	28,269	15,229	43,498

...CONTINUED

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Sallywood Farm LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Net Book Value
As at 31 January 2025	8,750	6,694	15,444

As at 1 February 2024	17,255	11,575	28,830

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	141,413	89,958

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

	2025	2024
	£	£
Other loans	79,980	79,980
Other creditors	847	-

	80,827	79,980

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