Boutique Law LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC416078

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,107		10,915

			7,107		10,915
CURRENT ASSETS
Stocks	5	389,563		88,960
Debtors	6	1,701,366		772,899
Cash at bank and in hand		498,812		588,288

		2,589,741		1,450,147
Creditors: Amounts Falling Due Within One Year	7	(471,878 )		(193,452 )

NET CURRENT ASSETS (LIABILITIES)			2,117,863		1,256,695

TOTAL ASSETS LESS CURRENT LIABILITIES			2,124,970		1,267,610

NET ASSETS ATTRIBUTABLE TO MEMBERS			2,124,970		1,267,610

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		2,444		1,248
Other amounts		2,122,526		1,628,849

			2,124,970		1,630,097

Equity
Members' other interests
Other reserves		-		(362,487)

			-		(362,487)

			2,124,970		1,267,610

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			2,124,970		1,630,097
Members' other interests			-		(362,487)

			2,124,970		1,267,610

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Boutique Law LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Anand Doobay

Designated Member

14 October 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Boutique Law LLP is a limited liability partnership, incorporated in England & Wales, registered number OC416078 . The Registered Office is Ground Floor West, 9 Gray's Inn Square, London, WC1R 5JD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

33%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 7 (2024: 5)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	43,305
Additions	4,605

As at 31 March 2025	47,910

Depreciation
As at 1 April 2024	32,390
Provided during the period	8,413

As at 31 March 2025	40,803

...CONTINUED

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Boutique Law LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	7,107

As at 1 April 2024	10,915

5. Stocks

	2025	2024
	£	£
Work in progress	389,563	88,960

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,652,092	729,679
Prepayments and accrued income	49,274	43,220

	1,701,366	772,899

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	330,570	56,217
Other taxes and social security	12,169	10,667
VAT	108,844	100,162
Other creditors	7,247	7,247
Accruals and deferred income	13,048	19,159

	471,878	193,452

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