Tew Farmhouse & Barns LLP - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: OC397163 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2017

for

Tew Farmhouse & Barns LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs T J Snell

P Snell

Miss N M Snell

REGISTERED OFFICE:

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

REGISTERED NUMBER:

OC397163 (England and Wales)

ACCOUNTANTS:

Kingscott Dix Limited

Chartered Accountants

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

FIXED ASSETS

Tangible assets

3

1,673,458

1,197,098

CURRENT ASSETS

Debtors

4

2,481

4,617

Cash at bank

3,281

3,281

5,762

7,898

CREDITORS

Amounts falling due within one year

5

1,800

1,183

NET CURRENT ASSETS

3,962

6,715

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,677,420

1,203,813

LOANS AND OTHER DEBTS DUE TO MEMBERS

1,677,420

1,203,813

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

1,677,420

1,203,813

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 March 2017.

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 of Part 15 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 small LLPs.

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 on 20 December 2017 and were signed by:

P Snell - Designated member

1.	STATUTORY INFORMATION

Tew Farmhouse & Barns 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 represents amounts invoiced for provision of holiday accommodation.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

No depreciation is provided on freehold buildings because in the members' opinion the real (inflation

adjusted) estimated residual value is not less than the carrying value in the accounts.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2016

1,197,098

Additions

476,360

At 31 March 2017

1,673,458

NET BOOK VALUE

At 31 March 2017

1,673,458

At 31 March 2016

1,197,098

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other debtors

2,481

4,617

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

1,800

1,183