Company No: OC401515 (England and Wales)

Contents

• Limited Liability Partnership Information
• Balance Sheet
• Notes to the Financial Statements

DESIGNATED MEMBER

Jeannie Ethel May Wright

MEMBERS	The Trustees Of The Wright Discretionary Trust 2015
	Anne Elizabeth Wright

REGISTERED OFFICE	Woodside Farm Church Road
	Friston
	Saxmundham
	IP17 1PU
	United Kingdom

REGISTERED NUMBER

OC401515 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	211,406		212,987
		211,406		212,987
Current assets
Debtors	4	111,551		56,302
Cash at bank and in hand	5	3,792		9,925
		115,343		66,227
Creditors: amounts falling due within one year	6	( 1,334)		( 1,319)
Net current assets		114,009		64,908
Total assets less current liabilities		325,415		277,895
Net assets attributable to members		325,415		277,895
Represented by
Loans and other debts due to members within one year
Other amounts		120,291		73,697
		120,291		73,697
Members' other interests
Members' capital classified as equity		210,000		210,000
Other reserves		(4,876)		(5,802)
		205,124		204,198
		325,415		277,895
Total members' interests
Loans and other debts due to members		120,291		73,697
Members' other interests		205,124		204,198
		325,415		277,895

For the financial 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.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Buffs Old Barn LLP (registered number: OC401515) were approved and authorised for issue by the members on 05 October 2026. They were signed on its behalf by:

Jeannie Ethel May Wright Designated member

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Buffs Old Barn LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Woodside Farm Church Road, Friston, Saxmundham, IP17 1PU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the LLP and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property	3 years straight line
Plant and machinery	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the LLP during the year	0		0

3. Tangible assets

	Investment property		Plant and machinery		Total
	£		£		£
Cost
At 01 April 2025	217,469		1,007		218,476
At 31 March 2026	217,469		1,007		218,476
Accumulated depreciation
At 01 April 2025	4,643		846		5,489
Charge for the financial year	1,541		40		1,581
At 31 March 2026	6,184		886		7,070
Net book value
At 31 March 2026	211,285		121		211,406
At 31 March 2025	212,826		161		212,987

4. Debtors

	2026		2025
	£		£
Other debtors	111,551		56,302

5. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	3,792		9,925

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Other creditors	1,334		1,319