REGISTERED NUMBER: OC301182 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

STRATTONS FARMS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

The Rt Hon Sir T Sainsbury

Lady S M Sainsbury

J T Sainsbury

Mrs C D Woodward

A J Sainsbury

Mrs J M Frankopan

REGISTERED OFFICE:

Scarletts Farm Office

Plastow Green

Headley

Thatcham

RG19 8LP

REGISTERED NUMBER:

OC301182 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

20,160,113

20,091,523

CURRENT ASSETS

Stocks

1,437,774

1,413,164

Debtors

5

419,292

224,615

Cash at bank

1,200,820

68,473

3,057,886

1,706,252

CREDITORS

Amounts falling due within one year

6

379,000

173,877

NET CURRENT ASSETS

2,678,886

1,532,375

TOTAL ASSETS LESS CURRENT LIABILITIES

22,838,999

21,623,898

CREDITORS

Amounts falling due after more than one year

7

74,854

217,675

NET ASSETS ATTRIBUTABLE TO MEMBERS

22,764,145

21,406,223

LOANS AND OTHER DEBTS DUE TO MEMBERS

22,764,145

21,406,223

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

22,764,145

21,406,223

Amounts due from members

5

-

(28,527

)

22,764,145

21,377,696

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 13 October 2026 and were signed by:

The Rt Hon Sir T Sainsbury - Designated member

1.	STATUTORY INFORMATION

Strattons Farms 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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Tractors and combines

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Stocks

Stocks have been valued at the lower of Cost of Production or Net Realisable Value, except where otherwise stated, using the accepted percentage of open market value to arrive at the deemed cost where actual costs cannot be accurately ascertained from the farming records.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2025

19,124,820

454,154

906,993

Additions

-

271,324

21,309

Disposals

-

-

(16,139

)

At 31 March 2026

19,124,820

725,478

912,163

DEPRECIATION

At 1 April 2025

664,270

-

488,158

Charge for year

39,406

3,331

64,405

Eliminated on disposal

-

-

(10,841

)

At 31 March 2026

703,676

3,331

541,722

NET BOOK VALUE

At 31 March 2026

18,421,144

722,147

370,441

At 31 March 2025

18,460,550

454,154

418,835

Tractors

and

Motor

combines

vehicles

Totals

£

£

£

COST

At 1 April 2025

1,003,929

125,225

21,615,121

Additions

-

7,750

300,383

Disposals

-

(6,795

)

(22,934

)

At 31 March 2026

1,003,929

126,180

21,892,570

DEPRECIATION

At 1 April 2025

330,112

41,058

1,523,598

Charge for year

100,950

12,674

220,766

Eliminated on disposal

-

(1,066

)

(11,907

)

At 31 March 2026

431,062

52,666

1,732,457

NET BOOK VALUE

At 31 March 2026

572,867

73,514

20,160,113

At 31 March 2025

673,817

84,167

20,091,523

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

Tractors

Plant and

and

machinery

combines

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

26,355

446,410

472,765

DEPRECIATION

At 1 April 2025

3,551

58,948

62,499

Charge for year

3,420

58,120

61,540

At 31 March 2026

6,971

117,068

124,039

NET BOOK VALUE

At 31 March 2026

19,384

329,342

348,726

At 31 March 2025

22,804

387,462

410,266

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

111,989

28,002

Amounts due from members

-

28,527

VAT

9,802

4,899

Prepayments and accrued income

297,501

163,187

419,292

224,615

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

142,822

40,462

Trade creditors

201,582

109,577

Other creditors

1,158

382

Accruals and deferred income

33,438

23,456

379,000

173,877

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

74,854

217,675