Bruce Allen LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC305541

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		592,060		592,060
Tangible Assets	5		12,296		13,762

			604,356		605,822
CURRENT ASSETS
Stocks	6	5,000		5,000
Debtors	7	46,707		47,857
Cash at bank and in hand		106,566		94,754

		158,273		147,611
Creditors: Amounts Falling Due Within One Year	8	(42,959 )		(37,984 )

NET CURRENT ASSETS (LIABILITIES)			115,314		109,627

TOTAL ASSETS LESS CURRENT LIABILITIES			719,670		715,449

NET ASSETS ATTRIBUTABLE TO MEMBERS			719,670		715,449

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		719,670		715,449

			719,670		715,449

			719,670		715,449

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			719,670		715,449

			719,670		715,449

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Bruce Allen LLP

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Andrew Catley

Designated Member

15th May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Bruce Allen LLP is a limited liability partnership, incorporated in England & Wales, registered number OC305541 . The Registered Office is Ground Floor Suite Crown House, 40 North Street, Hornchurch, Essex, RM11 1EW.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is not amortised as the partners are happy the Goodwill in the accounts reflects the current value.

2.4. 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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

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 year was: 6 (2025: 6)

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Bruce Allen LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	592,060

As at 31 March 2026	592,060

Net Book Value
As at 31 March 2026	592,060

As at 1 April 2025	592,060

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	83,697	25,153	108,850
Additions	-	2,633	2,633

As at 31 March 2026	83,697	27,786	111,483

Depreciation
As at 1 April 2025	81,743	13,345	95,088
Provided during the period	489	3,610	4,099

As at 31 March 2026	82,232	16,955	99,187

Net Book Value
As at 31 March 2026	1,465	10,831	12,296

As at 1 April 2025	1,954	11,808	13,762

6. Stocks

	2026	2025
	£	£
Work in progress	5,000	5,000

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	34,869	35,680
Prepayments and accrued income	11,560	12,177
Other debtors	278	-

	46,707	47,857

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Bruce Allen LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	5,338	4,246
Other taxes and social security	3,203	2,037
VAT	29,087	26,712
Other creditors	524	226
Accruals and deferred income	4,807	4,763

	42,959	37,984

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