Capstone Family Office LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SO308027

		31 March 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		426

			426
CURRENT ASSETS
Stocks	5	3,960
Debtors	6	31,645
Cash at bank and in hand		19,633

		55,238
Creditors: Amounts Falling Due Within One Year	7	(8,230 )

NET CURRENT ASSETS (LIABILITIES)			47,008

TOTAL ASSETS LESS CURRENT LIABILITIES			47,434

NET ASSETS ATTRIBUTABLE TO MEMBERS			47,434

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		100
Other amounts		128,709

			128,809

Equity
Members' other interests
Members' capital		(81,375)

			(81,375)

			47,434

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			128,809
Members' other interests			(81,375)

			47,434

Page 1

Page 2

Capstone Family Office LLP

Balance Sheet (continued)

As At 31 March 2025

For the period 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 applicable to LLPs subject to the small LLPs regime.)

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 accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Donald Campbell

Designated Member

28/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Capstone Family Office LLP is a limited liability partnership, incorporated in Scotland, registered number SO308027 . The Registered Office is 16 Charlotte Square, Edinburgh, EH2 4DF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: NIL

Page 3

Page 4

Capstone Family Office LLP

Notes to the Financial Statements (continued)

For the Period 1 September 2024 to 31 March 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 September 2024	-
Additions	529

As at 31 March 2025	529

Depreciation
As at 1 September 2024	-
Provided during the period	103

As at 31 March 2025	103

Net Book Value
As at 31 March 2025	426

As at 1 September 2024	-

5. Stocks

	31 March 2025
	£
Work in progress	3,960

6. Debtors

	31 March 2025
	£
Due within one year
Trade debtors	31,645

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025
	£
Trade creditors	1,365
Other creditors	6,865

	8,230

Page 4