Business Growth Consulting Network LLP

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: OC376153

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		995		470

			995		470
CURRENT ASSETS
Debtors	5	184,396		7,337
Cash at bank and in hand		90,734		10,567

		275,130		17,904
Creditors: Amounts Falling Due Within One Year	6	(397,324 )		(19,223 )

NET CURRENT ASSETS (LIABILITIES)			(122,194 )		(1,319 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(121,199 )		(849 )

Creditors: Amounts Falling Due After More Than One Year	7		(51,769 )		(70,192 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(172,968 )		(71,041 )

REPRESENTED BY:
Equity
Members' other interests
Members' capital		(136,385)		(46,362)
Other reserves		(36,583)		(24,679)

			(172,968)		(71,041)

TOTAL MEMBERS' INTEREST
Members' other interests			(172,968)		(71,041)

			(172,968)		(71,041)

Page 1

Page 2

Business Growth Consulting Network LLP

Statement of Financial Position (continued)

As At 31 March 2025

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 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 Income Statement.

On behalf of the members

Shaun Walsh

Designated Member

30/12/2025

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

1. General Information

Business Growth Consulting Network LLP is a limited liability partnership, incorporated in , registered number OC376153 . The Registered Office is 85 Portland Street, First Floor, London, W1W 7LT.

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 December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

Presentation currency

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.

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:

Plant & Machinery

33.33% reducing balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	6,558
Additions	940

As at 31 March 2025	7,498

Depreciation
As at 1 April 2024	6,088
Provided during the period	415

As at 31 March 2025	6,503

Net Book Value
As at 31 March 2025	995

As at 1 April 2024	470

Page 3

Page 4

Business Growth Consulting Network LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,897	319
Other debtors	182,499	7,018

	184,396	7,337

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	15,732	5,275
Other creditors	381,592	6,425
Taxation and social security	-	7,523

	397,324	19,223

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	11,769	20,192
Other loans	40,000	50,000

	51,769	70,192

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

8. Related Party Transactions

As on balance sheet date, company owed from IBG Group Services Limited an amount of £nil(2024: £5,400). Also company owed to BGI Partners Ltd an amount of £381,592(2024: £5,925).

Page 4