REGISTERED NUMBER: OC318704 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

BCM BAYS CURRY MCCOWEN LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A C Bays

H W McCowen

A S Wilson

M J Papps

REGISTERED OFFICE:

The Old Dairy

Winchester Hill

Sutton Scotney

Winchester

Hampshire

SO21 3NZ

REGISTERED NUMBER:

OC318704 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

250,000

250,000

Tangible assets

5

56,880

86,205

Investments

6

4,900

4,900

311,780

341,105

CURRENT ASSETS

Debtors

7

901,357

1,265,369

Investments

8

27,196

48,450

Cash at bank

107,112

75,755

1,035,665

1,389,574

CREDITORS

Amounts falling due within one year

9

319,763

575,907

NET CURRENT ASSETS

715,902

813,667

TOTAL ASSETS LESS CURRENT LIABILITIES

1,027,682

1,154,772

CREDITORS

Amounts falling due after more than one year

10

-

4,167

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,027,682

1,150,605

LOANS AND OTHER DEBTS DUE TO MEMBERS

12

632,882

755,805

MEMBERS' OTHER INTERESTS

Capital accounts

394,800

394,800

1,027,682

1,150,605

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

12

632,882

755,805

Members' other interests

394,800

394,800

1,027,682

1,150,605

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 28th October 2026 and were signed by:

A C Bays - Designated member

H W McCowen - Designated member

1.	STATUTORY INFORMATION

BCM Bays Curry McCowen 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.

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.

Tangible fixed assets

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

Website

-

20% on cost

Fixtures and fittings

-

25% 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.

Goodwill

Goodwill was recognised at fair value in the year ended 31st March 2024. The goodwill is reviewed by the members annually and if the fair value is considered to have impaired a reduction is accounted for in the year. If the value of the goodwill remains unchanged, no adjustment is made.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 23 (2025 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

250,000

NET BOOK VALUE

At 31st March 2026

250,000

At 31st March 2025

250,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

Website

fittings

£

£

£

COST

At 1st April 2025

23,049

36,406

33,458

Additions

-

-

-

At 31st March 2026

23,049

36,406

33,458

DEPRECIATION

At 1st April 2025

22,321

25,537

28,491

Charge for year

360

4,348

1,633

At 31st March 2026

22,681

29,885

30,124

NET BOOK VALUE

At 31st March 2026

368

6,521

3,334

At 31st March 2025

728

10,869

4,967

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2025

88,564

182,870

364,347

Additions

-

10,232

10,232

At 31st March 2026

88,564

193,102

374,579

DEPRECIATION

At 1st April 2025

42,634

159,159

278,142

Charge for year

17,713

15,503

39,557

At 31st March 2026

60,347

174,662

317,699

NET BOOK VALUE

At 31st March 2026

28,217

18,440

56,880

At 31st March 2025

45,930

23,711

86,205

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2025

and 31st March 2026

4,900

NET BOOK VALUE

At 31st March 2026

4,900

At 31st March 2025

4,900

The fixed asset investment relates to the LLP's investment in BCM (IOW) LLP a Limited Liability Partnership in which it has a 24% interest.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

665,044

1,065,054

Other debtors

212,968

156,249

Prepayments and accrued income

23,345

44,066

901,357

1,265,369

8.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Unlisted investments

27,196

48,450

The current asset investment represents the LLP's current account in BCM (IOW) LLP at 31st March 2026. This includes the LLP's share of profits or losses and any expenses paid or income received between the two LLP's.

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,167

10,000

Trade creditors

54,608

103,180

Social security and other taxes

34,964

30,164

VAT

139,483

219,926

Accrued expenses

86,541

212,637

319,763

575,907

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

4,167

11.	LEASING AGREEMENTS

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

2026

2025

£

£

Within one year

53,664

17,664

Between one and five years

179,329

52,994

In more than five years

225,715

-

458,708

70,658

12.

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.