REGISTERED NUMBER: OC443208 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Brave Within LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs C S Clarke

M J Lucas

REGISTERED OFFICE:

Proxima

1 Grenfell Road

Maidenhead

SL6 1HN

REGISTERED NUMBER:

OC443208 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Intangible assets

4

44,963

18,500

Tangible assets

5

7,155

4,010

Investments

6

10,000

-

62,118

22,510

CURRENT ASSETS

Debtors

7

166,911

204,202

Cash at bank

905

15,731

167,816

219,933

CREDITORS

Amounts falling due within one year

8

(208,838

)

(161,560

)

NET CURRENT (LIABILITIES)/ASSETS

(41,022

)

58,373

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

21,096

80,883

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

21,096

80,883

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

21,096

80,883

Amounts due from members

7

-

(65,952

)

21,096

14,931

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 31 March 2026.

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 21 May 2026 and were signed by:

Mrs C S Clarke - Designated member

1.	STATUTORY INFORMATION

Brave Within LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Brave Within LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

Significant judgements and estimates

In the application of the LLP's accounting policies, the members are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There were no judgment or material estimation uncertainties affecting the reported financial performance in the current or prior year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments

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 4 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

18,500

Additions

44,710

Disposals

(6,940

)

At 31 March 2026

56,270

AMORTISATION

Charge for year

11,307

At 31 March 2026

11,307

NET BOOK VALUE

At 31 March 2026

44,963

At 31 March 2025

18,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

5,447

Additions

5,211

At 31 March 2026

10,658

DEPRECIATION

At 1 April 2025

1,437

Charge for year

2,066

At 31 March 2026

3,503

NET BOOK VALUE

At 31 March 2026

7,155

At 31 March 2025

4,010

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

Additions

10,000

At 31 March 2026

10,000

NET BOOK VALUE

At 31 March 2026

10,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

122,852

54,232

Other debtors

44,059

149,970

166,911

204,202

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

11,988

-

Trade creditors

43,796

64,790

Amounts owed to group undertakings

7,362

-

Taxation and social security

68,966

41,703

Other creditors

76,726

55,067

208,838

161,560

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, distribution of the assets available would be firstly to the creditors of the LLP and then secondly to the members in accordance with their respective entitlements.

Following the retirement of Carolyn Stephenson on 19th December 2025, their overdrawn current account of £71,167 was reallocated to the continuing members in accordance with the LLP agreement.

10.	RELATED PARTY DISCLOSURES

Included within creditors at the year end is an amount of £35,000 owed to a company connected to one of the members. In the prior year, the company was owed £10,105 by a company connected to one of the members.

Included within creditors at the year end is an amount of £7,362 (2025 : £nil) owed to a subsidiary. Amounts owed to group undertakings are unsecured, interest-free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.