Hamble Brook Capital LLP

(Registration number: OC407418)
Balance Sheet as at 31 March 2026

The financial statements of Hamble Brook Capital LLP (registered number OC407418) were approved by the Board and authorised for issue on 10 August 2026. They were signed on behalf of the limited liability partnership by:

......................................... Mrs K B Moore Designated member

......................................... Mr G J Moore Designated member

Hamble Brook Capital LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in the United Kingdom under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Financial Reporting Standard 102 (FRS 102) Section 1A small entities and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships (issued January 2017).

The functional currency of Hamble Brook Capital LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Members' remuneration and division of profits

Members' fixed shares of profits (excluding discretionary fixed share bonuses) and interest earned on members' balances are automatically allocated and, are treated as members' remuneration charged as an expense to the profit and loss account in arriving at profit available for discretionary division among members.

The remainder of profit shares, which have not been allocated until after the balance sheet date, are treated in these financial statements as unallocated at the balance sheet date and included within other reserves.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Hamble Brook Capital LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

Tangible fixed assets

Individual fixed assets costing £100.00 or more are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2	Profit for the year before members' remuneration and profit shares

	2026 £	2025 £
Depreciation	934	107

3	Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 2 (2025 - 2).

Hamble Brook Capital LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

4	Tangible fixed assets

	Fixtures and fittings  £	Office equipment  £	Total £
Cost
At 1 April 2025	937	-	937
Additions	-	2,588	2,588
At 31 March 2026	937	2,588	3,525
Depreciation
At 1 April 2025	618	-	618
Charge for the year	80	854	934
At 31 March 2026	698	854	1,552
Net book value
At 31 March 2026	239	1,734	1,973
At 31 March 2025	319	-	319

5

Debtors

	2026  £	2025  £
Trade debtors	43,103	61,000
Other debtors	2	2
	43,105	61,002

6	Creditors: Amounts falling due within one year

	2026  £	2025  £
Accruals and deferred income	1,400	1,095
Taxation and social security	15,072	15,666
	16,472	16,761