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REGISTERED NUMBER: OC341118 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 31 MARCH 2024

FOR

SOPHIE & BOO LLP

SOPHIE & BOO LLP (REGISTERED NUMBER: OC341118)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 November 2023 to 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOPHIE & BOO LLP

GENERAL INFORMATION
for the Period 1 November 2023 to 31 March 2024







DESIGNATED MEMBERS: Ms S A Allsopp
Mrs S E Allsopp





REGISTERED OFFICE: Langley House
Park Road
London
N2 8EY





REGISTERED NUMBER: OC341118 (England and Wales)





ACCOUNTANTS: Accura Accountants Ltd
Langley House
Park Road
East Finchley
London
N2 8EY

SOPHIE & BOO LLP (REGISTERED NUMBER: OC341118)

BALANCE SHEET
31 March 2024

31.3.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,858 2,143

CURRENT ASSETS
Stocks 11,419 50,982
Debtors 5 60,548 58,512
Cash at bank 19,180 41,787
91,147 151,281
CREDITORS
Amounts falling due within one year 6 16,810 22,454
NET CURRENT ASSETS 74,337 128,827
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

76,195

130,970

LOANS AND OTHER DEBTS DUE TO
MEMBERS

76,195

130,970

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 76,195 130,970

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 period ended 31 March 2024.

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.

SOPHIE & BOO LLP (REGISTERED NUMBER: OC341118)

BALANCE SHEET - continued
31 March 2024


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 19 December 2024 and were signed by:





Ms S A Allsopp - Designated member

SOPHIE & BOO LLP (REGISTERED NUMBER: OC341118)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 November 2023 to 31 March 2024

1. STATUTORY INFORMATION

Sophie & Boo 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer. 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.

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

Plant & machinery 25% reducing balance/ 33.33% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Division of profit
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless the members agree to divide them. Profits are otherwise automatically divided and included under members remuneration charged as an expense in the profit and loss account.

Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2023 - 1 ).

SOPHIE & BOO LLP (REGISTERED NUMBER: OC341118)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 November 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 March 2024 8,688
DEPRECIATION
At 1 November 2023 6,545
Charge for period 285
At 31 March 2024 6,830
NET BOOK VALUE
At 31 March 2024 1,858
At 31 October 2023 2,143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.10.23
£    £   
Trade debtors 59,057 58,512
Other debtors 1,491 -
60,548 58,512

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.10.23
£    £   
Trade creditors 4,846 -
Taxation and social security 8,854 15,504
Other creditors 3,110 6,950
16,810 22,454

Included in other creditors are accrued expenses of £3,110 (Oct 2023: £6,950).