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REGISTERED NUMBER: OC446629 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 MARCH 2023 TO 31 MARCH 2024

FOR

BRIGGS CAPITAL FORMATION LLP

BRIGGS CAPITAL FORMATION LLP (REGISTERED NUMBER: OC446629)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 MARCH 2023 TO 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRIGGS CAPITAL FORMATION LLP

GENERAL INFORMATION
FOR THE PERIOD 30 MARCH 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: J Briggs
JRA Briggs & Company Limited





REGISTERED OFFICE: 47- 49 Princes Place
London
W11 4QA





REGISTERED NUMBER: OC446629 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

BRIGGS CAPITAL FORMATION LLP (REGISTERED NUMBER: OC446629)

BALANCE SHEET
31 MARCH 2024

Notes £
FIXED ASSETS
Tangible assets 4 803

CURRENT ASSETS
Debtors 5 4,479
Cash at bank 79,944
84,423
CREDITORS
Amounts falling due within one year 6 (6,090 )
NET CURRENT ASSETS 78,333
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

79,136

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

79,134

MEMBERS' OTHER INTERESTS
Capital accounts 2
79,136

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 79,134
Members' other interests 2
79,136

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.

BRIGGS CAPITAL FORMATION LLP (REGISTERED NUMBER: OC446629)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 26 November 2024 and were signed by:





J Briggs - Designated member

BRIGGS CAPITAL FORMATION LLP (REGISTERED NUMBER: OC446629)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 MARCH 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Briggs Capital Formation 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.
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
Additions 1,198
At 31 March 2024 1,198
DEPRECIATION
Charge for period 395
At 31 March 2024 395
NET BOOK VALUE
At 31 March 2024 803

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Other debtors 4,479

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade creditors 1,476
Taxation and social security 3,114
Other creditors 1,500
6,090

BRIGGS CAPITAL FORMATION LLP (REGISTERED NUMBER: OC446629)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2023 TO 31 MARCH 2024


7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.