Morocco Bound Books And Beer LLP

REGISTERED NUMBER: OC436292 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

J P Dransfield

Waterhouse 1854 Limited

REGISTERED OFFICE:

Ground Floor 1a

Morocco Street

London

Greater London

SE1 3HB

REGISTERED NUMBER:

OC436292 (England and Wales)

ACCOUNTANTS:

ElanTax.com

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of books and other retail shop.

DESIGNATED MEMBERS

The designated members during the year under review were:

J P Dransfield

Waterhouse 1854 Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £6,847 (2024 - £11,536 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

J P Dransfield - Designated member

22 December 2025

TURNOVER

200,198

163,589

Cost of sales

181,262

128,203

GROSS PROFIT

18,936

35,386

Administrative expenses

42,519

53,219

(23,583

)

(17,833

)

Other operating income

30,430

29,369

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS

6,847

11,536

FIXED ASSETS

Tangible assets

5

4,979

2,259

CURRENT ASSETS

Stocks

7,245

5,594

Debtors

6

816

148

Cash at bank

2,389

1,365

10,450

7,107

CREDITORS

Amounts falling due within one year

7

2,800

2,024

NET CURRENT ASSETS

7,650

5,083

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

12,629

7,342

LOANS AND OTHER DEBTS DUE TO
MEMBERS

12,629

7,342

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

12,629

7,342

Amounts due from members

6

(816

)

-

11,813

7,342

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 31 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 22 December 2025 and were signed by:

J P Dransfield - Designated member

1.	STATUTORY INFORMATION

Morocco Bound Books And Beer 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.

Stocks

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

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 1 (2024 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

Depreciation - owned assets

2,178

720

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

2,979

Additions

4,898

At 31 March 2025

7,877

DEPRECIATION

At 1 April 2024

720

Charge for year

2,178

At 31 March 2025

2,898

NET BOOK VALUE

At 31 March 2025

4,979

At 31 March 2024

2,259

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

816

148

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

200

-

Taxation and social security

2,516

1,951

Other creditors

84

73

2,800

2,024