Symposium Fine Wine Emporium LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC350004 (England and Wales)

SYMPOSIUM FINE WINE EMPORIUM LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DESIGNATED MEMBERS:

H C G Breeze

R E Poole

REGISTERED OFFICE:

12 Blatchington Hill

Seaford

East Sussex

BN25 2AH

REGISTERED NUMBER:

OC350004 (England and Wales)

ACCOUNTANTS:

Carpenter Box

Chartered Accountants

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

FIXED ASSETS

Tangible assets

4

15,760

18,716

CURRENT ASSETS

Stocks

28,750

24,709

Cash at bank and in hand

26,398

34,398

55,148

59,107

CREDITORS

Amounts falling due within one year

5

33,794

35,946

NET CURRENT ASSETS

21,354

23,161

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

37,114

41,877

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

37,014

41,777

MEMBERS' OTHER INTERESTS

Capital accounts

100

37,114

41,877

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

37,014

41,777

Members' other interests

100

37,114

41,877

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 2025.

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 16th December 2025 and were signed by:

H C G Breeze - Designated member

R E Poole - Designated member

1.	STATUTORY INFORMATION

Symposium Fine Wine Emporium 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.

Land and buildings

-

5% per annum on a straight line basis

Plant and machinery etc

-

25% straight line basis

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st April 2024

and 31st March 2025

59,114

7,437

66,551

DEPRECIATION

At 1st April 2024

40,398

7,437

47,835

Charge for year

2,956

-

2,956

At 31st March 2025

43,354

7,437

50,791

NET BOOK VALUE

At 31st March 2025

15,760

-

15,760

At 31st March 2024

18,716

-

18,716

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

26,803

28,229

Taxation and social security

4,716

5,442

Other creditors

2,275

33,794

35,946

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

Amounts owed to members in respect of profits

37,014

41,777

Falling due within one year

37,014

41,777

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Symposium Fine Wine Emporium LLP for the year ended 31st March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Symposium Fine Wine Emporium LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Symposium Fine Wine Emporium LLP and state those matters that we have agreed to state to the members of Symposium Fine Wine Emporium LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Symposium Fine Wine Emporium LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Symposium Fine Wine Emporium LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Symposium Fine Wine Emporium LLP. You consider that Symposium Fine Wine Emporium LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Symposium Fine Wine Emporium LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carpenter Box

Chartered Accountants

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

16th December 2025