REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DOUGLAS BRIGGS PARTNERSHIP LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

D.P. Briggs

Mrs L M A Shaw

REGISTERED OFFICE:

Flint Barns

Ham Farm

Bosham

Chichester

West Sussex

PO18 8EH

REGISTERED NUMBER:

OC302485 (England and Wales)

ACCOUNTANTS:

Evans Weir

Chartered Accountants

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

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

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of architecture and town planning.

DESIGNATED MEMBERS

The designated members during the year under review were:

D.P. Briggs

Mrs L M A Shaw

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £17,035 (2024 - £23,255 profit).

MEMBERS' INTERESTS

The members' shall be entitled to draw funds for their own use every month on account of their accruing share of profit of the current accounting period provided that there are sufficient funds available for that purpose in excess of sums required for current expenses.

Members' capital is subscribed to and repaid in accordance with the provisions of the LLP agreement.

There have been no transfers from members' capital to debt during the period.

ON BEHALF OF THE MEMBERS:

D.P. Briggs - Designated member

12th January 2026

TURNOVER

249,411

303,154

Administrative expenses

232,156

279,293

OPERATING PROFIT

4

17,255

23,861

Interest payable and similar expenses

220

606

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

17,035

23,255

FIXED ASSETS

Tangible assets

5

34,871

52,223

CURRENT ASSETS

Stocks

7,376

13,136

Debtors

6

42,541

77,078

49,917

90,214

CREDITORS

Amounts falling due within one year

7

50,579

66,706

NET CURRENT (LIABILITIES)/ASSETS

(662

)

23,508

TOTAL ASSETS LESS CURRENT LIABILITIES

34,209

75,731

CREDITORS

Amounts falling due after more than one year

8

-

7,398

NET ASSETS ATTRIBUTABLE TO MEMBERS

34,209

68,333

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

34,109

68,233

MEMBERS' OTHER INTERESTS

Capital accounts

100

100

34,209

68,333

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

34,109

68,233

Members' other interests

100

100

34,209

68,333

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 31st 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 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 12th January 2026 and were signed by:

D.P. Briggs - Designated member

Mrs L M A Shaw - Designated member

1.	STATUTORY INFORMATION

Douglas Briggs 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 20% on cost and Straight line over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 3 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

Period

1.2.23

Year Ended

to

31.3.25

31.3.24

£

£

Depreciation - owned assets

518

731

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

127,515

DEPRECIATION

At 1st April 2024

75,292

Charge for year

17,352

At 31st March 2025

92,644

NET BOOK VALUE

At 31st March 2025

34,871

At 31st March 2024

52,223

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

72,147

DEPRECIATION

At 1st April 2024

20,442

Charge for year

16,834

At 31st March 2025

37,276

NET BOOK VALUE

At 31st March 2025

34,871

At 31st March 2024

51,705

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

36,668

72,334

Other debtors

5,873

4,744

42,541

77,078

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

14,683

7,823

Hire purchase contracts

7,398

13,739

Trade creditors

209

9,110

Taxation and social security

24,689

32,434

Other creditors

3,600

3,600

50,579

66,706

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

7,398

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up amounts due to unsecured creditors would be discharged in full before the loans and other debts due to members were repaid.

There are no restrictions or limitations in respect of the ability of members to reduce the amount of their other interest.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D.P. Briggs.