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| MEMBERS' REPORT |
| FOR THE YEAR ENDED 30/06/2026 |
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| The members present their report and accounts for the year ended 30/06/2026 |
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| PRINCIPAL ACTIVITIES |
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| The principal activity of the LLP in the year under review was potato merchant . |
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| DESIGNATED MEMBERS |
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| The designated members who served during the year were as follows: |
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| W D Mitchell |
| J Milne |
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| RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
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| The profit for the year before members' remuneration and profit shares was £1,500 (2025 £3,382). |
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| DRAWINGS POLICY |
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| The LLP operates a drawings policy which has regard to a cautious estimate of expected profits. Drawings are restricted to prudent levels, taking into account working capital performance, until the results for the year and individual members' allocations have been determined. |
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| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs. |
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| This report was approved on behalf of the members on 05/08/2026 |
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| J Milne |
| Designated member |
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| ACCOUNTANTS' REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS |
| OF THRUMS PRODUCE LLP, FOR THE YEAR ENDED 30/06/2026 |
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| In order to assist you to fulfill your duties under the Companies Act 2006 as applied to LLP's,
we have prepared for your approval the accounts of Thrums Produce LLP for the year ended
30/06/2026 as set out on pages 5 to
9 from the entity's accounting records and from
information and explanations you have given us. |
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| As a practising member of the , we are subject to
its ethical and other professional requirements which are detailed on their website. |
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| This report is made solely to the members of Thrums Produce LLP,
as a body, in accordance with the terms of our engagement letter dated .
Our work has been undertaken solely to prepare for your approval the accounts of
Thrums Produce LLP and state those matters that we have agreed to state to the Board of Directors
of Thrums Produce LLP, as a body, in this report, in accordance with the requirements
of the as detailed on their website. To the fullest extent permitted by law,
we do not accept or assume responsibility to anyone other than Thrums Produce LLP and its Board
of Directors as a body for our work or for this report. |
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| It is your duty to ensure that Thrums Produce LLP has kept adequate accounting
records and to prepare statutory accounts that give a true and fair view of the assets,
liabilities, financial position and profitability of Thrums Produce LLP. You consider that
Thrums Produce LLP is exempt from the statutory audit requirement for the year. |
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| We have not been instructed to carry out an audit or a review of the
accounts of Thrums Produce LLP. For this reason, we have not verified the accuracy or completeness
of the accounting records or information and explanations you have given to us and we do not,
therefore, express any opinion on the statutory accounts. |
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| Robert Kemp |
| Accountant |
| 4 Cuthill Towers |
| Milnathort |
| Kinross |
| KY13 9SE |
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| 07/08/2026 |
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| BALANCE SHEET AT 30/06/2026 |
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| | | | | | 2026 | | | | 2025 |
| | Notes | | | | £ | | | | £ |
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| FIXED ASSETS | | | | | | | | | | |
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| Tangible assets | | 6 | | | | 341 | | | | 456 |
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| CURRENT ASSETS | | | | | | | | | | |
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| Debtors | | 7 | | 467 | | | | 119 | | |
| Cash at bank and in hand | | | | 6,647 | | | | 6,434 | | |
| | | | 7,114 | | | | 6,553 | | |
| CREDITORS: Amounts falling due within one year | | 8 | | 800 | | | | 878 | | |
| NET CURRENT ASSETS | | | | | | 6,314 | | | | 5,675 |
| NET ASSETS ATTRIBUTABLE TO MEMBERS | | | | | | 6,655 | | | | 6,131 |
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| LOANS AND OTHER DEBTS DUE TO MEMBERS | | 9 | | | | 6,655 | | | | 6,131 |
| MEMBERS ' OTHER INTERESTS | | | | | | | | | | |
| | | | | | 6,655 | | | | 6,131 |
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| TOTAL MEMBERS' INTERESTS | | | | | | | | | | |
| Loans and other debts due to members | | 9 | | | | 6,655 | | | | 6,131 |
| | | | | | 6,655 | | | | 6,131 |
| For the year ending 30/06/2026 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs. |
| The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
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| These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008
relating to small LLPs.
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| Approved by the members on 05/08/2026 and signed on their behalf by | | | | | | | | | | |
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| ............................. | | | | | | | | | | |
| W D Mitchell | | | | | | | | | | |
| Designated Member | | | | | | | | | | |
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| PROFIT AND LOSS ACCOUNT SUMMARIES |
| FOR THE YEAR ENDED 30/06/2026 |
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| | | | 2026 | | 2025 |
| | | | £ | | £ |
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| Cost of sales - purchases: | | | | | | |
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| Purchases | | | | 39,887 | | 50,967 |
| Packaging | | | | 805 | | 2,531 |
| | | | 40,692 | | 53,498 |
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| Cost of sales - other direct costs: | | | | | | |
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| Carriage | | | | 317 | | - |
| Other direct expenses | | | | - | | 627 |
| | | | - | | 395 |
| | | | 317 | | 1,022 |
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| Distribution Costs: | | | | | | |
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| Business entertaining | | | | 630 | | 829 |
| | | | 630 | | 829 |
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| Administrative Expenses: | | | | | | |
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| Heat and light | | | | 504 | | 299 |
| Motor expenses - fuel and oil | | | | 5,616 | | 5,335 |
| Accountancy fees | | | | 859 | | 459 |
| Stationery & office supplies | | | | 87 | | 31 |
| Telephone | | | | 1,628 | | 1,475 |
| Computer costs | | | | 572 | | 426 |
| Bank charges | | | | 25 | | 28 |
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| Depreciation and Amortisation: | | | | | | |
| Depreciation of equipment | | | | 113 | | 154 |
| | | | 9,404 | | 8,207 |
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| This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only. |