Anne Janaway and Sons LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC301132 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2020

FOR

ANNE JANAWAY AND SONS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs A M Janaway

Janaway Farms Limited

T P Janaway

C J Janaway

REGISTERED OFFICE:

Ford Farm

Upton Grey

Basingstoke

Hampshire

RG25 2RP

REGISTERED NUMBER:

OC301132 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

785,991

732,715

CURRENT ASSETS

Stocks

307,472

302,482

Debtors

5

100,154

174,009

Investments

6

2,630

2,630

Cash at bank

65,257

29,275

475,513

508,396

CREDITORS

Amounts falling due within one year

7

165,775

202,531

NET CURRENT ASSETS

309,738

305,865

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,095,729

1,038,580

LOANS AND OTHER DEBTS DUE TO MEMBERS

566,820

509,671

MEMBERS' OTHER INTERESTS

Capital accounts

528,909

528,909

1,095,729

1,038,580

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

566,820

509,671

Members' other interests

528,909

528,909

1,095,729

1,038,580

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 30 September 2020.

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 23 June 2021 and were signed by:

Mrs A M Janaway - Designated member

1.	STATUTORY INFORMATION

Anne Janaway and Sons 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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

Tractors

to

Plant and

and

Motor

property

machinery

combines

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2019

484,927

342,654

230,753

57,999

1,116,333

Additions

-

144,601

15,600

11,825

172,026

Disposals

-

(32,468

)

(8,250

)

-

(40,718

)

Grants

-

(33,800

)

-

-

(33,800

)

At 30 September 2020

484,927

420,987

238,103

69,824

1,213,841

DEPRECIATION

At 1 October 2019

-

203,017

148,893

31,708

383,618

Charge for year

-

36,006

22,819

9,530

68,355

Eliminated on disposal

-

(22,060

)

(2,063

)

-

(24,123

)

At 30 September 2020

-

216,963

169,649

41,238

427,850

NET BOOK VALUE

At 30 September 2020

484,927

204,024

68,454

28,586

785,991

At 30 September 2019

484,927

139,637

81,860

26,291

732,715

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Trade debtors

85,748

148,649

Other debtors

14,406

25,360

100,154

174,009

6.	CURRENT ASSET INVESTMENTS

30.9.20

30.9.19

£

£

Listed investments

2,630

2,630

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Hire purchase contracts

21,344

26,148

Trade creditors

124,831

156,783

Other creditors

19,600

19,600

165,775

202,531