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REGISTERED NUMBER: OC398791 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP

PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP (REGISTERED NUMBER: OC398791)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP

General Information
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: M Nathan
Your Personal Finance Ltd





REGISTERED OFFICE: Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU





REGISTERED NUMBER: OC398791 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP (REGISTERED NUMBER: OC398791)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 1,909 993
Cash at bank 303 7,437
2,212 8,430
CREDITORS
Amounts falling due within one year 5 2,212 3,556
NET CURRENT ASSETS - 4,874
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS - 4,874

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

-

4,874

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 - 4,874
Amounts due from members 4 (1,908 ) (935 )
(1,908 ) 3,939

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 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.

PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP (REGISTERED NUMBER: OC398791)

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 8 May 2024 and were signed by:




Your Personal Finance Ltd - Designated member




M Nathan - Designated member


PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP (REGISTERED NUMBER: OC398791)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Profile Mortgage & Financial Solutions 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.

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 4 (2023 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,909 993

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 1,816
Other creditors 2,212 1,740
2,212 3,556

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans due to members are ranked last in relation to other creditor payments.

7. POST BALANCE SHEET EVENTS

The members intend to strike the company off, shortly after the year end.

PROFILE MORTGAGE & FINANCIAL SOLUTIONS
LLP (REGISTERED NUMBER: OC398791)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CONTROLLING PARTY

The LLP is controlled by M Nathan and by Jo Zeff through Your Personal Finance Ltd.