Limited Liability Partnership Registration No. OC389621 (England and Wales)
Somerset Rural Estates LLP
Unaudited financial statements
for the year ended 31 March 2026
Pages for filing with registrar
Somerset Rural Estates LLP
Balance sheet
As at 31 March 2026
1
2026
2025
£
£
£
£
Fixed assets
36,822
22,387
Current assets
285,903
248,871
Prepayments and accrued income
1,876
3,780
Creditors: amounts falling due within one year
(243,507)
(235,844)
Net current assets
44,272
16,807
Total assets less current liabilities
81,094
39,194
Creditors: amounts falling due after more than one year
(6,137)
(6,000)
Net assets attributable to members
74,957
33,194
Represented by:
Amounts due to members
70,957
32,349
Loans and other debts due to members
4,000
845
74,957
33,194
Notes to the financial statements
1
Employees
The average number of persons (excluding members) employed by the partnership during the year was 11 (2025 - 11).
Somerset Rural Estates LLP is a Limited Liability Partnership incorporated in England and Wales. The registered office is The Estate Office, Shadrack, Berry Pomeroy, Totnes, Devon, TQ9 6LR.
For the financial year ended 31 March 2026 the Limited Liability Partnership 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) relating to small limited liability partnerships.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The financial statements are prepared in sterling, which is the functional currency of the LLP. Monetary amounts in these financial statements are rounded to the nearest £.
Somerset Rural Estates LLP
Balance sheet (continued)
As at 31 March 2026
2
The financial statements were approved by the members and authorised for issue on 15 October 2026 and are signed on its behalf by:
Duke of Somerset
Designated member
Limited Liability Partnership Registration No. OC389621