Acorah Software Products - Accounts Production 16.8.200 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 OC369128 Mr J Graham Mrs K Humble iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC369128 2024-04-05 OC369128 2025-04-05 OC369128 2024-04-06 2025-04-05 OC369128 frs-core:CurrentFinancialInstruments 2025-04-05 OC369128 frs-core:FurnitureFittings 2025-04-05 OC369128 frs-core:FurnitureFittings 2024-04-06 2025-04-05 OC369128 frs-core:FurnitureFittings 2024-04-05 OC369128 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-05 OC369128 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-06 2025-04-05 OC369128 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-05 OC369128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-05 OC369128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 OC369128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-05 OC369128 frs-core:MotorVehicles 2025-04-05 OC369128 frs-core:MotorVehicles 2024-04-06 2025-04-05 OC369128 frs-core:MotorVehicles 2024-04-05 OC369128 frs-core:PlantMachinery 2025-04-05 OC369128 frs-core:PlantMachinery 2024-04-06 2025-04-05 OC369128 frs-core:PlantMachinery 2024-04-05 OC369128 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC369128 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-06 2025-04-05 OC369128 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 OC369128 frs-bus:SmallEntities 2024-04-06 2025-04-05 OC369128 frs-bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC369128 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 OC369128 frs-countries:EnglandWales 2024-04-06 2025-04-05 OC369128 frs-bus:PartnerLLP1 2024-04-06 2025-04-05 OC369128 frs-bus:PartnerLLP2 2024-04-06 2025-04-05 OC369128 2023-04-05 OC369128 2024-04-05 OC369128 2023-04-06 2024-04-05 OC369128 frs-core:CurrentFinancialInstruments 2024-04-05
Registered number: OC369128
Kate's Farm LLP
Unaudited Financial Statements
For The Year Ended 5 April 2025
Kate's Farm LLP
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—4

Page 1
Kate's Farm LLP
Statement of Financial Position
As At 5 April 2025
Statement of Financial Position
Registered number: OC369128

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 912,265 |  | 905,091
|  |  | 912,265 |  | 905,091
CURRENT ASSETS
Debtors | 5 | 685,532 |  | 688,567 |
Cash at bank and in hand |  | 17,047 |  | 3,457 |
|  | 702,579 |  | 692,024 |
Creditors: Amounts Falling Due Within One Year | 6 | (19,133 ) |  | (19,324 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 683,446 |  | 672,700
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,595,711 |  | 1,577,791
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 1,595,711 |  | 1,577,791
REPRESENTED BY:
Equity
Members' other interests
Members' capital |  | 294,324 |  | 263,704 |
Other reserves |  | 1,301,387 |  | 1,314,087 |
|  |  | 1,595,711 |  | 1,577,791
TOTAL MEMBERS' INTEREST
Members' other interests |  |  | 1,595,711 |  | 1,577,791
|  |  | 1,595,711 |  | 1,577,791

Page 1
Page 2
Kate's Farm LLP
Statement of Financial Position (continued)
As At 5 April 2025
For the year ending 5 April 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 Income Statement.
On behalf of the members

Mr J Graham Designated Member
08/01/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Kate's Farm LLP
Notes to the Financial Statements
For The Year Ended 5 April 2025
Notes to the Financial Statements
1. General Information
Kate's Farm LLP is a limited liability partnership, incorporated in England & Wales, registered number OC369128 . The Registered Office is Upper Meend Farm, Penallt, Monmouth, NP25 4RP.
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 | over 50 years
Land Improvements | over 20 years
Plant & Machinery | over 10 years
Motor Vehicles | over 5 years
Fixtures & Fittings | over 10 years

3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2024: 1)
- 1
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Land Improvements | Plant & Machinery | Motor Vehicles
| £ | £ | £ | £
Cost
As at 6 April 2024 | 1,121,619 | - | 89,877 | 7,415
Additions | - | 1,215 | 34,060 | -
As at 5 April 2025 | 1,121,619 | 1,215 | 123,937 | 7,415
Depreciation
As at 6 April 2024 | 257,236 | - | 52,054 | 7,163
Provided during the period | 22,432 | 61 | 12,394 | 84
As at 5 April 2025 | 279,668 | 61 | 64,448 | 7,247

...CONTINUED
Page 3
Page 4
Kate's Farm LLP
Notes to the Financial Statements (continued)
For The Year Ended 5 April 2025

Net Book Value
As at 5 April 2025 | 841,951 | 1,154 | 59,489 | 168
As at 6 April 2024 | 864,383 | - | 37,823 | 252

| Fixtures & Fittings | Total
--- | --- | ---
| £ | £
Cost
As at 6 April 2024 | 211,120 | 1,430,031
Additions | 8,366 | 43,641
As at 5 April 2025 | 219,486 | 1,473,672
Depreciation
As at 6 April 2024 | 208,487 | 524,940
Provided during the period | 1,496 | 36,467
As at 5 April 2025 | 209,983 | 561,407
Net Book Value
As at 5 April 2025 | 9,503 | 912,265
As at 6 April 2024 | 2,633 | 905,091

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,159 |  | 2,980
Other debtors | 684,373 |  | 685,587
| 685,532 |  | 688,567

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 4,388 |  | 5,553
Other creditors | 14,745 |  | 13,771
| 19,133 |  | 19,324

7. Related Party Transactions
In the event of a winding up the amounts included in "Loans and other debts due to members" will rank
equally with unsecured creditors
Page 4