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REGISTERED NUMBER: OC446248 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Browning Partnership LLP

The Browning Partnership LLP (Registered number: OC446248)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


The Browning Partnership LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: Mr E A Brown
Mrs A J B Brown





REGISTERED OFFICE: 57 Unit 9 Creekmouth Industrial Estate
Barking
United Kingdom
Essex
IG11 0DA





REGISTERED NUMBER: OC446248 (England and Wales)





ACCOUNTANTS: BSM (U.K) Accountants Ltd
Unit 9 Creekmouth Industrial Estate
57 River Road
Barking
Essex
IG11 0DA

The Browning Partnership LLP (Registered number: OC446248)

Report of the Members
for the Year Ended 31 March 2025

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

INCORPORATION
The LLP was incorporated on 13 March 2023 .

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of Property Rental.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mr E A Brown
Mrs A J B Brown

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £77,699.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mr E A Brown - Designated member


15 July 2025

The Browning Partnership LLP (Registered number: OC446248)

Income Statement
for the Year Ended 31 March 2025

£   

TURNOVER -

Administrative expenses 45,472
(45,472 )

Other operating income 140,171
OPERATING PROFIT 94,699


Interest payable and similar expenses 17,000
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




77,699

The Browning Partnership LLP (Registered number: OC446248)

Balance Sheet
31 March 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,100,000

CURRENT ASSETS
Debtors 25,400
Cash at bank 26,899
52,299
NET CURRENT ASSETS 52,299
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,152,299

CREDITORS
Amounts falling due after more than one
year

5

817,000
NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,335,299

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

3,335,299

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 3,335,299
Amounts due from members (25,400 )
3,309,899

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 2025.

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 Browning Partnership LLP (Registered number: OC446248)

Balance Sheet - continued
31 March 2025


The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 15 July 2025 and were signed by:





Mr E A Brown - Designated member

The Browning Partnership LLP (Registered number: OC446248)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

The Browning Partnership 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.

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

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL.

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 4,100,000
At 31 March 2025 4,100,000
NET BOOK VALUE
At 31 March 2025 4,100,000

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 817,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 817,000

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to partners are ranked below any third party creditors.