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REGISTERED NUMBER: OC392235 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Echo Financial Planning LLP

Echo Financial Planning LLP (Registered number: OC392235)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Echo Financial Planning LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: R J Turrell
Mrs S Turrell





REGISTERED OFFICE: Aspen
Ashlake Farm Lane
Wootton Bridge
Ryde
Isle of Wight
PO33 4LF





REGISTERED NUMBER: OC392235 (England and Wales)





ACCOUNTANTS: Robert Sadler & Company Ltd
Chartered Accountants
30B Southgate
Chichester
West Sussex
PO19 1DP

Echo Financial Planning LLP (Registered number: OC392235)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,132 6,531

CURRENT ASSETS
Cash at bank 22,946 31,584

CREDITORS
Amounts falling due within one year 1,200 1,123
NET CURRENT ASSETS 21,746 30,461
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

57,878

36,992

LOANS AND OTHER DEBTS DUE TO
MEMBERS

37,878

16,992

MEMBERS' OTHER INTERESTS
Capital accounts 20,000 20,000
57,878 36,992

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 37,878 16,992
Members' other interests 20,000 20,000
57,878 36,992

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.

Echo Financial Planning LLP (Registered number: OC392235)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 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 23 August 2024 and were signed by:




R J Turrell - Designated member




Mrs S Turrell - Designated member


Echo Financial Planning LLP (Registered number: OC392235)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Echo Financial Planning 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.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 48,494
Additions 45,700
Disposals (40,500 )
At 31 March 2024 53,694
DEPRECIATION
At 1 April 2023 41,963
Charge for year 12,044
Eliminated on disposal (36,445 )
At 31 March 2024 17,562
NET BOOK VALUE
At 31 March 2024 36,132
At 31 March 2023 6,531