Black Sheep Farm Health LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC419623 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

BLACK SHEEP FARM HEALTH LLP

Page

Balance Sheet

1

Notes to the Financial Statements

3

Chartered Accountants' Report

6

FIXED ASSETS

Tangible assets

4

146,762

126,932

Investments

5

10,000

156,762

136,932

CURRENT ASSETS

Stocks

71,348

45,088

Debtors

6

225,476

225,304

Cash at bank and in hand

69,777

113,283

366,601

383,675

CREDITORS

Amounts falling due within one year

7

92,890

109,348

NET CURRENT ASSETS

273,711

274,327

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

430,473

411,259

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

430,473

411,259

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

430,473

411,259

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 31 August 2026 and were signed by:

Dr J J Hull - Designated member

1.	STATUTORY INFORMATION

Black Sheep Farm Health LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC419623

Registered office:

Unit 4a Rothbury Indust Est

Coquet View

Rothbury

Morpeth

Northumberland

NE65 7RZ

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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 31 March 2026 are the first that are prepared in accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance with FRS 105, the date of transition to FRS 102 Section 1A is 1 April 2024.

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 etc

-

25% on reducing balance, 15% on reducing balance, Straight line over 20 years and Straight line over 4 years

Stocks

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

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.	EMPLOYEE INFORMATION

The average number of employees during the year was 8 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

253,769

Additions

60,313

Disposals

(53,510

)

At 31 March 2026

260,572

DEPRECIATION

At 1 April 2025

126,837

Charge for year

30,243

Eliminated on disposal

(43,270

)

At 31 March 2026

113,810

NET BOOK VALUE

At 31 March 2026

146,762

At 31 March 2025

126,932

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

10,000

NET BOOK VALUE

At 31 March 2026

10,000

At 31 March 2025

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade debtors

215,233

211,640

Other debtors

10,243

13,664

225,476

225,304

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade creditors

68,436

73,640

Taxation and social security

20,054

31,508

Other creditors

4,400

4,200

92,890

109,348

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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

9.	FIRST YEAR ADOPTION

This is the first period that the LLP has prepared its financial statements under FRS 102 Section 1A, having previously reported under FRS 105 (The Financial Reporting Standard applicable to the Micro-entities Regime). The date of transition to FRS 102 Section 1A was 1 April 2024. In preparing these financial statements, the members have considered whether any transitional adjustments were required to be made to the comparative figures or opening equity balances. No material adjustments or changes to accounting policies were identified, and therefore no restatement of prior period figures has been necessary.

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Black Sheep Farm Health LLP for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Black Sheep Farm Health LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Black Sheep Farm Health LLP and state those matters that we have agreed to state to the members of Black Sheep Farm Health LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Black Sheep Farm Health LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Black Sheep Farm Health LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Black Sheep Farm Health LLP. You consider that Black Sheep Farm Health LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Black Sheep Farm Health LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

31 August 2026