RJ Arable LLP - Accounts to registrar (filleted) - small 23.2.5

RJ Arable LLP - Accounts to registrar (filleted) - small 23.2.5

RJ ARABLE LLP - Company Information

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REGISTERED NUMBER: OC417087 (England and Wales)
















Unaudited Financial Statements

for the Period 1 January 2023 to 31 March 2024

for

RJ Arable LLP
RJ Arable LLP (Registered number: OC417087)






Contents of the Financial Statements
for the Period 1 January 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJ Arable LLP

General Information
for the Period 1 January 2023 to 31 March 2024







DESIGNATED MEMBERS: J Lukies
R S Broad





REGISTERED OFFICE: Cammas Hall Farm
Needham Green
Hatfield Broad Oak
Bishop's Stortford
CM22 7JT





REGISTERED NUMBER: OC417087 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN
Page 1
RJ Arable LLP (Registered number: OC417087)

Balance Sheet
31 March 2024

31.3.24 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 196,431 258,400

CURRENT ASSETS
Stocks 3,625 1,000
Debtors 5 19,542 19,056
Cash at bank 9,365 12,690
32,532 32,746
CREDITORS
Amounts falling due within one year 6 95,746 83,995
NET CURRENT LIABILITIES (63,214 ) (51,249 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
133,217
207,151

CREDITORS
Amounts falling due after more than one
year
7
-
33,549
NET ASSETS ATTRIBUTABLE TO
MEMBERS
133,217
173,602

LOANS AND OTHER DEBTS DUE TO
MEMBERS
8
56,954
97,339

MEMBERS' OTHER INTERESTS
Capital accounts 76,263 76,263
133,217 173,602

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 56,954 97,339
Members' other interests 76,263 76,263
133,217 173,602

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 period ended 31 March 2024.

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...
RJ Arable LLP (Registered number: OC417087)

Balance Sheet - continued
31 March 2024


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 8 May 2024 and were signed by:




J Lukies - Designated member




R S Broad - Designated member


The notes form part of these financial statements

Page 3
RJ Arable LLP (Registered number: OC417087)

Notes to the Financial Statements
for the Period 1 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

RJ Arable 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
Plant & machinery - 20% 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 period was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023
and 31 March 2024 438,072 650 438,722
DEPRECIATION
At 1 January 2023 179,889 433 180,322
Charge for period 61,905 64 61,969
At 31 March 2024 241,794 497 242,291
NET BOOK VALUE
At 31 March 2024 196,278 153 196,431
At 31 December 2022 258,183 217 258,400

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.22
£    £   
Trade debtors 17,571 16,559
Other debtors 1,303 200
Prepayments and accrued income 668 2,297
19,542 19,056

Page 4 continued...
RJ Arable LLP (Registered number: OC417087)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.22
£    £   
Hire purchase contracts 24,996 33,539
Trade creditors 40,204 34,077
Social security and other taxes 561 224
Other creditors - 15,155
Accrued expenses 29,985 1,000
95,746 83,995

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.12.22
£    £   
Hire purchase contracts - 33,549

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 31.12.22
£    £   
Amounts owed to members in respect of profits 56,954 97,339

Falling due within one year 56,954 97,339

Amounts due to Members rank below other creditors who are unsecured in the event of a winding up. There is no protection afforded to any type of creditors.

Page 5