REGISTERED NUMBER: OC427184 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BOULTER & CO. LLP

Page

General Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr A A Joannides

Mrs S A Louca

REGISTERED OFFICE:

1st Floor

11-19 Park Road

London

N8 8TE

REGISTERED NUMBER:

OC427184 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Intangible assets

4

123,750

153,450

Tangible assets

5

239,958

158,705

363,708

312,155

CURRENT ASSETS

Stocks

75,021

58,575

Debtors

652,734

469,217

Cash at bank and in hand

11,565,816

9,144,910

12,293,571

9,672,702

CREDITORS

Amounts falling due within one year

11,625,057

9,487,253

NET CURRENT ASSETS

668,514

185,449

TOTAL ASSETS LESS CURRENT LIABILITIES

1,032,222

497,604

CREDITORS

Amounts falling due after more than one year

99,385

33,210

NET ASSETS ATTRIBUTABLE TO MEMBERS

932,837

464,394

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

932,837

464,394

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

932,837

464,394

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 30 December 2025 and were signed by:

Mr A A Joannides - Designated member

1.	STATUTORY INFORMATION

Boulter & Co. 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.

Revenue that has not yet been billed to clients, where it is probable that the future economic benefits will flow to the partnership, is included in work in progress.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Work in progress

Work in progress is valued at the lower of cost and net realisable value. Cost consists of staff salary costs and direct expenses together with an appropriate proportion of overheads. Net realisable value is based on estimated amount to be billed for services provided less further costs expected to be incurred to completion. Payments received on account of work in progress are shown as a deduction from gross work in progress.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 24 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

297,000

AMORTISATION

At 1 April 2024

143,550

Amortisation for year

29,700

At 31 March 2025

173,250

NET BOOK VALUE

At 31 March 2025

123,750

At 31 March 2024

153,450

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

223,353

Additions

109,397

At 31 March 2025

332,750

DEPRECIATION

At 1 April 2024

64,648

Charge for year

28,144

At 31 March 2025

92,792

NET BOOK VALUE

At 31 March 2025

239,958

At 31 March 2024

158,705

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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