Anne Janaway and Sons LLP - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: OC301132 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

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

856,348

745,586

CURRENT ASSETS

Stocks

617,003

396,944

Debtors

5

55,173

158,689

Investments

6

2,630

2,630

Cash at bank

551,401

388,637

1,226,207

946,900

CREDITORS

Amounts falling due within one year

7

181,990

100,658

NET CURRENT ASSETS

1,044,217

846,242

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,900,565

1,591,828

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,371,656

1,062,919

MEMBERS' OTHER INTERESTS

Capital accounts

528,909

528,909

1,900,565

1,591,828

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,371,656

1,062,919

Members' other interests

528,909

528,909

1,900,565

1,591,828

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 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 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 29 June 2023 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 (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

Tractors

to

Plant and

and

Motor

property

machinery

combines

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2021

484,927

423,247

238,103

80,074

1,226,351

Additions

120,185

19,513

-

42,500

182,198

Disposals

-

(10,500

)

-

(15,300

)

(25,800

)

At 30 September 2022

605,112

432,260

238,103

107,274

1,382,749

DEPRECIATION

At 1 October 2021

-

243,053

186,763

50,949

480,765

Charge for year

-

28,915

12,837

16,294

58,046

Eliminated on disposal

-

(3,564

)

-

(8,846

)

(12,410

)

At 30 September 2022

-

268,404

199,600

58,397

526,401

NET BOOK VALUE

At 30 September 2022

605,112

163,856

38,503

48,877

856,348

At 30 September 2021

484,927

180,194

51,340

29,125

745,586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Trade debtors

40,133

136,889

Other debtors

15,040

21,800

55,173

158,689

6.	CURRENT ASSET INVESTMENTS

30.9.22

30.9.21

£

£

Listed investments

2,630

2,630

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Trade creditors

164,447

82,894

Taxation and social security

403

624

Other creditors

17,140

17,140

181,990

100,658

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors on winding up.