0 false false false false false false false false false false false false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP OC433742 2024-04-01 2025-03-31 OC433742 2025-03-31 OC433742 2024-03-31 OC433742 2023-04-01 2024-03-31 OC433742 2024-03-31 OC433742 2023-03-31 OC433742 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 OC433742 bus:Director1 2024-04-01 2025-03-31 OC433742 core:LandBuildings core:ShortLeaseholdAssets 2024-03-31 OC433742 core:LandBuildings core:ShortLeaseholdAssets 2025-03-31 OC433742 core:WithinOneYear 2025-03-31 OC433742 core:WithinOneYear 2024-03-31 OC433742 bus:SmallEntities 2024-04-01 2025-03-31 OC433742 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC433742 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC433742 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC433742 bus:FullAccounts 2024-04-01 2025-03-31 OC433742 core:FurnitureFittingsToolsEquipment 2024-03-31 OC433742 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 OC433742 core:FurnitureFittingsToolsEquipment 2025-03-31
REGISTERED NUMBER: OC433742

BRAND MURRAY FULLER LLP

Filleted Unaudited Financial Statements

31 March 2025

BRAND MURRAY FULLER LLP

Financial Statements

Year ended 31 March 2025

Contents | Page

Chartered certified accountants report to the members on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2

Notes to the financial statements | 4

BRAND MURRAY FULLER LLP

Chartered Certified Accountants Report to the Members on the Preparation of the Unaudited Statutory Financial Statements of BRAND MURRAY FULLER LLP

Year ended 31 March 2025
As described on the statement of financial position, the members of the LLP are responsible for the preparation of the financial statements for the year ended 31 March 2025, which comprise the statement of financial position and the related notes. You consider that the LLP is exempt from an audit under the Companies Act 2006 as applied to limited liability partnerships by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
JAMES REEVES & COMPANY LIMITED Chartered Certified Accountants
11 Church Crescent London N3 1BE
16 September 2025

BRAND MURRAY FULLER LLP

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 51,742 | 53,927

Current assets

Stocks | 42,778 | 39,605
Debtors | 5 | 1,398,550 | 1,185,019
Cash at bank and in hand | 834,808 | 730,435
| ------------ | ------------
| 2,276,136 | 1,955,059

Creditors: amounts falling due within one year | 6 | 988,658 | 908,240
| ------------ | ------------
Net current assets | 1,287,478 | 1,046,819
| ------------ | ------------
Total assets less current liabilities | 1,339,220 | 1,100,746
| ------------ | ------------
Net assets | 1,339,220 | 1,100,746
| ------------ | ------------

Represented by:
Loans and other debts due to members

Other amounts | 7 | 1,339,120 | 1,100,646

Members' other interests

Members' capital classified as equity | 100 | 100
Other reserves | – | –
| ------------ | ------------
| 1,339,220 | 1,100,746
| ------------ | ------------

Total members' interests

Loans and other debts due to members | 7 | 1,339,120 | 1,100,646
Members' other interests | 100 | 100
| ------------ | ------------
| 1,339,220 | 1,100,746
| ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

BRAND MURRAY FULLER LLP

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the members and authorised for issue on 16 September 2025 , and are signed on their behalf by:

T L Brand
Designated Member

Registered number: OC433742

BRAND MURRAY FULLER LLP

Notes to the Financial Statements

Year ended 31 March 2025

1. | General information

The LLP is registered in England and Wales. The address of the registered office is 50 Eastcastle Street, W1W 8EA, London.

2. | Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2018 (SORP 2018).

3. | Accounting policies

Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.
Stocks
Stocks represents work in progress measured at the lower of cost and estimated selling price less costs to complete and sell.

4. | Tangible assets

| Short leasehold property | Fixtures, fittings and equipment | Total
| £ | £ | £
Cost |  |  |
At 1 April 2024 | 2,667 | 81,514 | 84,181
Additions | – | 9,294 | 9,294
| ------- | -------- | --------
At 31 March 2025 | 2,667 | 90,808 | 93,475
| ------- | -------- | --------
Depreciation |  |  |
At 1 April 2024 | 2,667 | 27,587 | 30,254
Charge for the year | – | 11,479 | 11,479
| ------- | -------- | --------
At 31 March 2025 | 2,667 | 39,066 | 41,733
| ------- | -------- | --------
Carrying amount |  |  |
At 31 March 2025 | – | 51,742 | 51,742
| ------- | -------- | --------
At 31 March 2024 | – | 53,927 | 53,927
| ------- | -------- | --------

5. | Debtors

| 2025 | 2024
| £ | £
Trade debtors | 1,272,677 | 1,069,329
Other debtors | 125,873 | 115,690
| ------------ | ------------
| 1,398,550 | 1,185,019
| ------------ | ------------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 882,194 | 808,831
Social security and other taxes | 70,005 | 71,451
Other creditors | 36,459 | 27,958
| --------- | ---------
| 988,658 | 908,240
| --------- | ---------

7. | Loans and other debts due to members

| 2025 | 2024
| £ | £
Amounts owed to members in respect of profits | 1,339,120 | 1,100,646
| ------------ | ------------