Stockerston Farms LLP - Filleted accounts

Registered number

OC350312

Stockerston Farms LLP

Filleted Accounts

5 April 2026

Stockerston Farms LLP
Registered number:		OC350312
Balance Sheet
as at 5 April 2026
Notes		2026		2025
£			£
Fixed assets
Tangible assets	3	1,579,282		1,591,121
Investments	4	2		2
		1,579,284		1,591,123
Current assets
Debtors	5	9,785		628
Cash at bank and in hand		11,454		24,026
		21,239		24,654

Creditors: amounts falling due within one year	6	(21,381)		(15,907)

Net current (liabilities)/assets		(142)		8,747

Total assets less current liabilities		1,579,142		1,599,870



Net assets attributable to members		1,579,142		1,599,870

Represented by:
Loans and other debts due to members	7	(179,281)		(134,847)

Members' other interests
Members' capital classified as equity		1,758,423		1,734,717

		1,579,142		1,599,870

Total members' interests
Loans and other debts due to members	7	(179,281)		(134,847)
Members' other interests		1,758,423		1,734,717

		1,579,142		1,599,870

For the year ended 5 April 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 3 August 2026 and signed on their behalf by:


H M H Nicholson
Designated member

Stockerston Farms LLP
Notes to the Accounts
for the year ended 5 April 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Farm buildings			5% on straight line
	Plant and machinery			20% on reducing balance
	Motor vehicles			25% on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the LLP					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 6 April 2025	1,600,761		64,469		17,614		1,682,844
	At 5 April 2026	1,600,761		64,469		17,614		1,682,844

	Depreciation
	At 6 April 2025	39,018		42,479		10,226		91,723
	Charge for the year	5,594		4,398		1,847		11,839
	At 5 April 2026	44,612		46,877		12,073		103,562

	Net book value
	At 5 April 2026	1,556,149		17,592		5,541		1,579,282
	At 5 April 2025	1,561,743		21,990		7,388		1,591,121


4	Fixed asset investments

Other
investments
£
	Cost
	At 6 April 2025							2

	At 5 April 2026							2


5	Debtors					2026		2025
£							£

	Trade debtors					115		-
	Other debtors					9,670		628
						9,785		628


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					13,897		8,657
	Other creditors					7,484		7,250
						21,381		15,907


7	Loans and other debts due to members					2026		2025
£							£

	Amounts due to members in respect of profits					(179,281)		(134,847)

	Amounts falling due within one year					(179,281)		(134,847)

	Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.


8	Other information

	Stockerston Farms LLP is a limited liability partnership incorporated in England. Its registered office is:
	Kempston
	Mill Hill
	Edenbridge
	Kent
	TN8 5DQ