REGISTERED NUMBER: OC342863 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Takeley Farming LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C J H Philpot

A P T Philpot

S J R Philpot

PJHP Limited

REGISTERED OFFICE:

Barleylands Farm

Barleylands Road

Billericay

Essex

CM11 2UD

REGISTERED NUMBER:

OC342863 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

199,950

199,950

CURRENT ASSETS

Stocks

1,292

-

Debtors

5

10,383

9,956

Cash at bank

7,347

12,249

19,022

22,205

CREDITORS

Amounts falling due within one year

6

6,078

-

NET CURRENT ASSETS

12,944

22,205

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

212,894

222,155

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

12,644

21,905

MEMBERS' OTHER INTERESTS

Capital accounts

200,250

200,250

212,894

222,155

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

12,644

21,905

Members' other interests

200,250

200,250

212,894

222,155

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 30 September 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 18 May 2026 and were signed by:

A P T Philpot - Designated member

1.	STATUTORY INFORMATION

Takeley Farming 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.

Tangible fixed assets

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

life.

Land - Nil

Stocks

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

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Land

£

COST

At 1 October 2024

and 30 September 2025

199,950

NET BOOK VALUE

At 30 September 2025

199,950

At 30 September 2024

199,950

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Amounts owed by group undertakings

-

8,800

VAT

1,990

1,156

Prepayments and accrued income

8,393

-

10,383

9,956

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

4,878

-

Amounts owed to group undertakings

1,200

-

6,078

-

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts to members rank equally along with other creditors.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by designated members, with no one member having overall control.