Tritton Farming Partnership LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC387655

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		17,972,915		18,019,066

			17,972,915		18,019,066
CURRENT ASSETS
Stocks	6	376,670		366,611
Debtors	7	539,466		552,664
Cash at bank and in hand		226,479		223,909

		1,142,615		1,143,184
Creditors: Amounts Falling Due Within One Year	8	(397,093 )		(371,271 )

NET CURRENT ASSETS (LIABILITIES)			745,522		771,913

TOTAL ASSETS LESS CURRENT LIABILITIES			18,718,437		18,790,979

Creditors: Amounts Falling Due After More Than One Year	9		(170,579 )		(234,197 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			18,547,858		18,556,782

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		1,147,858		1,156,782

			1,147,858		1,156,782

Equity
Members' other interests
Members' capital		17,400,000		17,400,000

			17,400,000		17,400,000

			18,547,858		18,556,782

TOTAL MEMBERS' INTEREST
Amounts due from members			(30,831)		(43,068)
Loans and other debts due to members within one year			1,147,858		1,156,782
Members' other interests			17,400,000		17,400,000

			18,517,027		18,513,714

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Tritton Farming Partnership LLP

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

C C Tritton

Designated Member

11/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tritton Farming Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC387655 . The Registered Office is Lyons Hall, Great Leighs, Chelmsford, Essex, CM3 1PL.

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 May 2024 (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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Entitlements. It is amortised on a straight-line basis over its estimated economic life of 4 years.

2.4. 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	Not depreciated
Plant & Machinery	15% on reducing balance
Motor Vehicles	20% on reducing balance

Improvements to properties - 5% on cost

Grainstore/Sprayer Shed - 5% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Stock is held at valuation prepared in accordance with the conventions set out in the CAAV/RICS stocktaking guidance.

Cultivations have been valued on a standard cost basis, using CAAV Guide to Costings and supporting working papers.

Consumable stocks of seed, fertiliser, spray, fuel are valued at invoice price or market value if lower.

Crops in store have been valued on a 'deemed' cost basis which has been calculated at 75% of the average sale value.

Current year growing crops have been vauled on a cost of production basis to year end.

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Tritton Farming Partnership LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Financial Instruments

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2025: 1)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2025	690
Disposals	(690 )

As at 31 March 2026	-

Amortisation
As at 1 April 2025	690
Disposals	(690 )

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2025	18,228,743	210,052	31,947	18,470,742
Additions	11,593	-	-	11,593

As at 31 March 2026	18,240,336	210,052	31,947	18,482,335

Depreciation
As at 1 April 2025	313,217	115,233	23,226	451,676
Provided during the period	41,777	14,223	1,744	57,744

As at 31 March 2026	354,994	129,456	24,970	509,420

Net Book Value
As at 31 March 2026	17,885,342	80,596	6,977	17,972,915

As at 1 April 2025	17,915,526	94,819	8,721	18,019,066

Freehold property includes investment property shown at historic cost. The Members acknowledge that the market value of these assets is higher than that stated in the accounts, but that it would require undue cost and effort to re-value on an on-going basis.

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Tritton Farming Partnership LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Stocks

	2026	2025
	£	£
Stock	376,670	366,611

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	75,166	33,079
Other debtors	464,300	519,585

	539,466	552,664

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	275,596	178,584
Bank loans and overdrafts	63,617	61,894
Other creditors	57,744	130,617
Taxation and social security	136	176

	397,093	371,271

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

	2026	2025
	£	£
Bank loans	170,579	234,197

10. Secured Creditors

Of the creditors the following amounts are secured.

A bank loan of £500,000 was taken with Barclays in 2019. This loan is repayable by monthly instalments over 10 years. Interest is charged at an annual rate of 2.78%.

A second bank loan of £100,000 was taken with Barclays in 2020. This loan is repayable by monthly instalments over 10 years. Interest is charged at an annual rate of 2.59%.

Both loans are secured against an LLP freehold property, for which the legal title remains with Mrs DS Tritton.

	2026		2025
	£		£
Bank loans and overdrafts	234,196		296,091

11. Related Party Transactions

Lowleys Limited is a related party as CC Tritton and AG Tritton are directors.

The balance owed by Lowleys Limited at the year end was £383,583 comprised of tangible fixed assets transferred at net book value and running costs paid by Lowleys on behalf of TFP.

12. Ultimate Controlling Party

The LLP's ultimate controlling party is considered to be C C Tritton .

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