Huntley Farms LLP - Accounts to registrar (filleted) - small 23.1.2

Huntley Farms LLP - Accounts to registrar (filleted) - small 23.1.2

HUNTLEY FARMS LLP - Company Information

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IRIS Accounts Production v23.1.5.20 OC315766 designated member 1.11.21 31.10.22 31.10.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC3157662021-10-31OC3157662022-10-31OC3157662021-11-012022-10-31OC3157662020-10-31OC3157662020-11-012021-10-31OC3157662021-10-31OC315766ns16:EnglandWales2021-11-012022-10-31OC315766ns15:PoundSterling2021-11-012022-10-31OC315766ns11:Director12021-11-012022-10-31OC315766ns11:LimitedLiabilityPartnershipLLP2021-11-012022-10-31OC315766ns11:SmallEntities2021-11-012022-10-31OC315766ns11:AuditExempt-NoAccountantsReport2021-11-012022-10-31OC315766ns11:SmallCompaniesRegimeForAccounts2021-11-012022-10-31OC315766ns11:LimitedLiabilityPartnershipsSORP2021-11-012022-10-31OC315766ns11:FullAccounts2021-11-012022-10-31OC315766ns11:Director22021-11-012022-10-31OC315766ns11:Director32021-11-012022-10-31OC315766ns11:RegisteredOffice2021-11-012022-10-31OC315766ns6:RevaluationReserve2022-10-31OC315766ns6:RevaluationReserve2021-10-31OC315766ns6:LeaseholdImprovements2021-11-012022-10-31OC315766ns6:PlantMachinery2021-11-012022-10-31OC315766ns6:MotorVehicles2021-11-012022-10-31OC315766ns6:LandBuildings2021-10-31OC315766ns6:LeaseholdImprovements2021-10-31OC315766ns6:PlantMachinery2021-10-31OC315766ns6:MotorVehicles2021-10-31OC315766ns6:LandBuildings2021-11-012022-10-31OC315766ns6:LandBuildings2022-10-31OC315766ns6:LeaseholdImprovements2022-10-31OC315766ns6:PlantMachinery2022-10-31OC315766ns6:MotorVehicles2022-10-31OC315766ns6:LandBuildings2021-10-31OC315766ns6:LeaseholdImprovements2021-10-31OC315766ns6:PlantMachinery2021-10-31OC315766ns6:MotorVehicles2021-10-31OC315766ns6:CurrentFinancialInstruments2022-10-31OC315766ns6:CurrentFinancialInstruments2021-10-31OC315766ns6:RevaluationReserve2021-10-31
REGISTERED NUMBER: OC315766 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2022

for

Huntley Farms LLP
Huntley Farms LLP (Registered number: OC315766)






Contents of the Financial Statements
for the Year Ended 31 October 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Huntley Farms LLP

General Information
for the Year Ended 31 October 2022







DESIGNATED MEMBERS: M Matthews
Mrs T E Matthews
S Harvey





REGISTERED OFFICE: Stephenson Place
Stephenson Way
Three Bridges
Crawley
West Sussex
RH10 1TN





REGISTERED NUMBER: OC315766 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY
Page 1
Huntley Farms LLP (Registered number: OC315766)

Balance Sheet
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,261,475 1,358,821

CURRENT ASSETS
Debtors 5 - 1,807
Cash at bank 14,108 12,302
14,108 14,109
NET CURRENT ASSETS 14,108 14,109
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
1,275,583
1,372,930

LOANS AND OTHER DEBTS DUE TO
MEMBERS
2,006
2,006

MEMBERS' OTHER INTERESTS
Capital accounts 559,322 656,669
Revaluation reserve 6 714,255 714,255
1,275,583 1,372,930

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 2,006 2,006
Members' other interests 1,273,577 1,370,924
1,275,583 1,372,930

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 October 2022.

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 notes form part of these financial statements

Page 2 continued...
Huntley Farms LLP (Registered number: OC315766)

Balance Sheet - continued
31 October 2022


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 12 July 2023 and were signed by:





M Matthews - Designated member

The notes form part of these financial statements

Page 3
Huntley Farms LLP (Registered number: OC315766)

Notes to the Financial Statements
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

Huntley 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Motor
property property machinery vehicles Totals
£    £    £    £    £   
COST
At 1 November 2021 1,305,082 65,853 7,410 2,250 1,380,595
Disposals (97,346 ) - - - (97,346 )
At 31 October 2022 1,207,736 65,853 7,410 2,250 1,283,249
DEPRECIATION
At 1 November 2021
and 31 October 2022 - 12,114 7,410 2,250 21,774
NET BOOK VALUE
At 31 October 2022 1,207,736 53,739 - - 1,261,475
At 31 October 2021 1,305,082 53,739 - - 1,358,821

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade debtors - 1,807

6. RESERVES
Revaluation
reserve
£   
At 1 November 2021
and 31 October 2022 714,255

Page 4 continued...
Huntley Farms LLP (Registered number: OC315766)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

7. RELATED PARTY DISCLOSURES

In the opinion of the members there is no controlling party as defined by FRSSE.

Page 5