FBMA LLP

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

Registered number: OC424570

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		800
Investment Properties	5		2,450,000		2,994,064

			2,450,000		2,994,864
CURRENT ASSETS
Debtors	6	237,232		154,943
Cash at bank and in hand		19,059		21,887

		256,291		176,830
Creditors: Amounts Falling Due Within One Year	7	(39,148 )		(152,093 )

NET CURRENT ASSETS (LIABILITIES)			217,143		24,737

TOTAL ASSETS LESS CURRENT LIABILITIES			2,667,143		3,019,601

NET ASSETS ATTRIBUTABLE TO MEMBERS			2,667,143		3,019,601

REPRESENTED BY:
Loans and other debts due to members
Other amounts		-		352,458

			-		352,458

Equity
Members' other interests
Members' capital		2,667,143		2,667,143

			2,667,143		2,667,143

			2,667,143		3,019,601

...CONTINUED

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FBMA LLP

Balance Sheet (continued)

As At 31 March 2026

TOTAL MEMBERS' INTEREST
Amounts due from members	(187,308)	-
Loans and other debts due to members	-	352,458
Members' other interests	2,667,143	2,667,143

	2,479,835	3,019,601

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 Fabian Birgfeld

Designated Member

7 May 2026

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

1. General Information

FBMA LLP is a limited liability partnership, incorporated in England & Wales, registered number OC424570 . The Registered Office is 75 Bayham Street, London, NW1 0AA.

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:

Freehold	None
Leasehold	None
Fixtures & Fittings	25% straightline
Computer Equipment	50% straightline

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

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FBMA LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 April 2025	99,696	20,231	119,927

As at 31 March 2026	99,696	20,231	119,927

Depreciation
As at 1 April 2025	99,665	19,462	119,127
Provided during the period	31	769	800

As at 31 March 2026	99,696	20,231	119,927

Net Book Value
As at 31 March 2026	-	-	-

As at 1 April 2025	31	769	800

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	2,994,064
Fair value adjustments	(544,064 )

As at 31 March 2026	2,450,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	114,996
Other debtors	237,232	39,947

	237,232	154,943

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FBMA LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	35,648	41,422
Other creditors	3,500	91,250
Taxation and social security	-	19,421

	39,148	152,093

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