Registered No. OC348848 (England and Wales)
Yellow Fields Oil LLP
Unaudited accounts
for the year ended 31 March 2026
Yellow Fields Oil LLP
LLP Information
for the year ended 31 March 2026
Designated members
Mr Alan Brewis
Registered Number
OC348848 (England and Wales)
Registered Office
Selby House Farm
Stanton
Morpeth
Northumberland
NE65 8PR
England
Yellow Fields Oil LLP
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
63,022
41,547
Creditors: amounts falling due within one year
(10,224)
-
Net current assets
54,960
45,810
Net assets attributable to members
54,960
45,810
Loans and other debts due to members
53,960
44,810
Members' capital classified as equity
1,000
1,000
Loans and other debts due to members
53,960
44,810
Members' other interests
1,000
1,000
For the year ending 31 March 2026 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 30 October 2026.
Mr Alan Brewis
Designated member
Limited Liability Partnership Registration No. OC348848
Yellow Fields Oil LLP
Notes to the Accounts
for the year ended 31 March 2026
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The designated members have a reasonable expectation, having reviewed budgets and cashflow forecasts, that the firm has adequate resources to continue in operational existence for the foreseeable future. For this reason, the members continue to adopt the going concern basis in preparing the financial statements.
Yellow Fields Oil LLP is a limited liability partnership, incorporated in England and Wales, registration number OC348848. Its registered office is Selby House Farm, Stanton, Morpeth, Northumberland, NE65 8PR, England.
3
Creditors: amounts falling due within one year
2026
2025
Taxes and social security costs
4,219
-
4
Loans and other debts due to members
2026
2025
Amounts due to members in respect of profits
53,960
44,810
Amounts falling due within one year
53,960
44,810
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Average number of employees
During the year the average number of employees was 0 (2025: 0).