REGISTERED NUMBER: OC367152 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

BCM (IOW) LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

BCM Bays Curry McCowen LLP

J R W Attrill Esq

D Long Esq

T J Dawson

M A White

REGISTERED OFFICE:

The Old Dairy

Sutton Scotney

Winchester

Hampshire

SO21 3NZ

REGISTERED NUMBER:

OC367152 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

7,466

13,615

CURRENT ASSETS

Debtors

5

173,717

171,574

Investments

6

-

30,000

Cash at bank

22,412

93,085

196,129

294,659

CREDITORS

Amounts falling due within one year

7

81,629

85,506

NET CURRENT ASSETS

114,500

209,153

TOTAL ASSETS LESS CURRENT LIABILITIES

121,966

222,768

CREDITORS

Amounts falling due after more than one year

8

-

5,833

NET ASSETS ATTRIBUTABLE TO MEMBERS

121,966

216,935

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

101,966

196,935

MEMBERS' OTHER INTERESTS

Capital accounts

20,000

20,000

121,966

216,935

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

101,966

196,935

Members' other interests

20,000

20,000

121,966

216,935

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 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 23rd October 2026 and were signed by:

BCM Bays Curry McCowen LLP - Designated member

J R W Attrill Esq - Designated member

1.	STATUTORY INFORMATION

BCM (IOW) 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.

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

20% on cost

Office equipment

-

25% on 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 6 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2025

40,284

30,000

38,188

108,472

Additions

-

-

484

484

At 31st March 2026

40,284

30,000

38,672

108,956

DEPRECIATION

At 1st April 2025

37,094

30,000

27,763

94,857

Charge for year

3,173

-

3,460

6,633

At 31st March 2026

40,267

30,000

31,223

101,490

NET BOOK VALUE

At 31st March 2026

17

-

7,449

7,466

At 31st March 2025

3,190

-

10,425

13,615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

166,468

161,939

Other debtors

-

1,000

Prepayments

7,249

8,635

173,717

171,574

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Unlisted investments

-

30,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,833

10,000

Trade creditors

35,043

20,496

Social security and other taxes

3,897

4,059

VAT

29,949

35,000

Other creditors

2,057

2,057

Accrued expenses

4,850

13,894

81,629

85,506

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

5,833

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

11,176

17,100

Between one and five years

11,816

7,125

22,992

24,225

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.