REGISTERED NUMBER: OC335962 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Green Track Farming LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

W G B Bevan

M J Tebbit

REGISTERED OFFICE:

Home Farm

Longstowe

Cambridge

CB23 2UH

REGISTERED NUMBER:

OC335962 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

485,564

581,551

CURRENT ASSETS

Debtors

5

29,577

13,891

Cash at bank

25,223

23,977

54,800

37,868

CREDITORS

Amounts falling due within one year

6

62,907

138,449

NET CURRENT LIABILITIES

(8,107

)

(100,581

)

TOTAL ASSETS LESS CURRENT LIABILITIES

477,457

480,970

CREDITORS

Amounts falling due after more than one year

7

28,504

57,010

NET ASSETS ATTRIBUTABLE TO MEMBERS

448,953

423,960

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

448,953

423,960

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

448,953

423,960

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 16 September 2026 and were signed by:

W G B Bevan - Designated member

M J Tebbit - Designated member

1.	STATUTORY INFORMATION

Green Track 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance and in accordance with the lease term

Tractors & combines

-

15% on cost and in accordance with the lease term

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Tractors

machinery

& combines

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

555,660

1,012,231

1,567,891

DEPRECIATION

At 1 April 2025

410,410

575,930

986,340

Charge for year

29,051

66,936

95,987

At 31 March 2026

439,461

642,866

1,082,327

NET BOOK VALUE

At 31 March 2026

116,199

369,365

485,564

At 31 March 2025

145,250

436,301

581,551

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Tractors

machinery

& combines

Totals

£

£

£

COST

At 1 April 2025

48,500

801,344

849,844

Transfer to ownership

(48,500

)

(652,328

)

(700,828

)

At 31 March 2026

-

149,016

149,016

DEPRECIATION

At 1 April 2025

17,977

416,127

434,104

Charge for year

6,105

59,274

65,379

Transfer to ownership

(24,082

)

(440,382

)

(464,464

)

At 31 March 2026

-

35,019

35,019

NET BOOK VALUE

At 31 March 2026

-

113,997

113,997

At 31 March 2025

30,523

385,217

415,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

10,405

6,794

VAT

-

6,694

Prepayments and accrued income

19,172

403

29,577

13,891

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

28,504

113,570

Trade creditors

20,048

23,286

Social security and other taxes

182

-

VAT

12,863

-

Accrued expenses

1,310

1,593

62,907

138,449

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

28,504

57,010

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

57,008

170,580

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members subscriptions rank pari passu with other creditors. Loans to the Limited Liability Partnership are interest free with no fixed date for repayment.

The designated members (named on page 1 of the accounts) are acting on behalf of their respective businesses. Mr WGB Bevan in respect of Longstowe Hall Estate Partnership. Mr MJ Tebbit in respect of Tebbit and Son.