REGISTERED NUMBER: OC447447 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

BG Farming LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Country Haylage Ltd

E Brock

REGISTERED OFFICE:

Scouts Barn

Oxhouse Lane

Failand

Bristol

BS8 3SL

REGISTERED NUMBER:

OC447447 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Tangible assets

4

-

8,309

CURRENT ASSETS

Stocks

-

118,990

Debtors

5

16,450

173,166

Cash at bank

21,698

1,441

38,148

293,597

CREDITORS

Amounts falling due within one year

6

32,850

301,906

NET CURRENT ASSETS/(LIABILITIES)

5,298

(8,309

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

5,298

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

5,298

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

5,298

-

Amounts due from members

5

(7,200

)

(172,902

)

(1,902

)

(172,902

)

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 31 March 2026.

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 7 August 2026 and were signed by:

Country Haylage Ltd - Designated member

1.	STATUTORY INFORMATION

BG 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.

Plant and machinery

-

25% on reducing balance basis

Fixtures and fittings

-

25% on reducing balance basis

Computer equipment

-

25% on reducing balance basis

Stocks

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

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

6,919

4,656

750

12,325

Additions

16,000

-

-

16,000

Disposals

(22,919

)

(4,656

)

(750

)

(28,325

)

At 31 March 2026

-

-

-

-

DEPRECIATION

At 1 April 2025

2,147

1,611

258

4,016

Charge for year

5,193

761

123

6,077

Eliminated on disposal

(7,340

)

(2,372

)

(381

)

(10,093

)

At 31 March 2026

-

-

-

-

NET BOOK VALUE

At 31 March 2026

-

-

-

-

At 31 March 2025

4,772

3,045

492

8,309

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,649

264

Amounts due from members

7,200

172,902

Other debtors

601

-

16,450

173,166

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

14,604

40,058

Social security and other taxes

-

3,157

Other creditors

15,746

255,732

Accruals and deferred income

2,500

2,959

32,850

301,906

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Each member's subscription to the capital of the LLP is determined by their share of the profit.

Details of the change sin members' capital in the financial year are set out in the financial statements.

Members are remunerated from the profits of the LLP and are required to make thier own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares during the financial year in which it is made, with the balance of profits being distributed after the year, subject to the cash requirement of the business.

8.	RELATED PARTY DISCLOSURES

Included within other creditors are amounts due to Country Haylage Limited in the sum of £15,746 (£255,732).

No interest was charged on the above.

Country Haylage Limited is a designated member of the Limited Liability Partnership.