REGISTERED NUMBER: OC447922 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2026

for

KGF Agriculture & Aggregates LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C L Todd

G M Todd

REGISTERED OFFICE:

Kirby Grange

Kirby Wiske

THIRSK

North Yorkshire

YO7 4EU

REGISTERED NUMBER:

OC447922 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Great North House

20 Allington Way

DARLINGTON

Co Durham

DL1 4QB

FIXED ASSETS

Tangible assets

4

153,544

166,247

CURRENT ASSETS

Stocks

5

71,400

49,506

Debtors

6

10,611

1,382

Cash at bank

44,687

35,221

126,698

86,109

CREDITORS

Amounts falling due within one year

7

(22,456

)

(17,877

)

NET CURRENT ASSETS

104,242

68,232

TOTAL ASSETS LESS CURRENT LIABILITIES

257,786

234,479

CREDITORS

Amounts falling due after more than one year

8

(4,333

)

(6,933

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

253,453

227,546

LOANS AND OTHER DEBTS DUE TO MEMBERS

253,453

227,546

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

253,453

227,546

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 5 April 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 6 August 2026 and were signed by:

C L Todd - Designated member

1.	STATUTORY INFORMATION

KGF Agriculture & Aggregates 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption

The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group nor those conducted under normal market terms.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised when goods and services have been provided to the customer.

Tangible fixed assets

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

Plant & Machinery - 25% Straight Line

Motor Vehicles - 25% Reducing Balance

Assets are held at cost less accumulated depreciation and provisions for impairment.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

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

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 6 April 2025

99,967

92,219

18,000

210,186

Additions

6,847

6,885

-

13,732

At 5 April 2026

106,814

99,104

18,000

223,918

DEPRECIATION

At 6 April 2025

-

34,939

9,000

43,939

Charge for year

-

24,185

2,250

26,435

At 5 April 2026

-

59,124

11,250

70,374

NET BOOK VALUE

At 5 April 2026

106,814

39,980

6,750

153,544

At 5 April 2025

99,967

57,280

9,000

166,247

5.

STOCKS

2026

2025

as restated

£

£

Stocks

71,400

49,506

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as restated

£

£

Trade debtors

4,824

-

VAT debtor

3,167

-

Prepayments

2,620

1,382

10,611

1,382

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as restated

£

£

Trade creditors

4,057

11,329

Amounts owed to participating interests

150

-

Social security and other taxes

-

1,848

Accruals and deferred income

2,205

2,100

Deferred grants

16,044

2,600

22,456

17,877

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

as restated

£

£

Deferred grants

4,333

6,933

9.	PRIOR YEAR ADJUSTMENT

Comparative figures have been restated to reclassify a loan of £970,591, previously presented as a liability and property of £1,000,000, to partners' capital accounts to reflect the legal rights attached to the loan and asset.

In addition, interest of £12,025 previously recognised in the profit and loss account has been reallocated to partners' capital accounts.

The effect of the restatement was to increase prior year profit by £12,025 and decrease partners' capital accounts by £29,409. Net assets as at 5 April 2026 decreased by £29,409 as a result of the reclassifications and related interest adjustment.