IRIS Accounts Production v24.1.9.2 OC423202 designated member 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4232022023-03-31OC4232022024-03-31OC4232022023-04-012024-03-31OC4232022022-03-31OC4232022022-04-012023-03-31OC4232022023-03-31OC423202ns15:EnglandWales2023-04-012024-03-31OC423202ns14:PoundSterling2023-04-012024-03-31OC423202ns10:Director12023-04-012024-03-31OC423202ns10:LimitedLiabilityPartnershipLLP2023-04-012024-03-31OC423202ns10:SmallEntities2023-04-012024-03-31OC423202ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC423202ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31OC423202ns10:LimitedLiabilityPartnershipsSORP2023-04-012024-03-31OC423202ns10:FullAccounts2023-04-012024-03-31OC42320212023-04-012024-03-31OC423202ns5:CurrentFinancialInstruments2024-03-31OC423202ns5:CurrentFinancialInstruments2023-03-31OC423202ns5:Non-currentFinancialInstruments2024-03-31OC423202ns5:Non-currentFinancialInstruments2023-03-31OC423202ns10:RegisteredOffice2023-04-012024-03-31OC423202ns5:NetGoodwill2023-04-012024-03-31OC423202ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31OC423202ns5:PlantMachinery2023-04-012024-03-31OC423202ns5:NetGoodwill2023-03-31OC423202ns5:NetGoodwill2024-03-31OC423202ns5:NetGoodwill2023-03-31OC423202ns5:LandBuildings2023-03-31OC423202ns5:PlantMachinery2023-03-31OC423202ns5:LandBuildings2023-04-012024-03-31OC423202ns5:LandBuildings2024-03-31OC423202ns5:PlantMachinery2024-03-31OC423202ns5:LandBuildings2023-03-31OC423202ns5:PlantMachinery2023-03-31OC423202ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31OC423202ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: OC423202 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Eccles Greenwood Financial Planning LLP

Eccles Greenwood Financial Planning LLP (Registered number: OC423202)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Eccles Greenwood Financial Planning LLP (Registered number: OC423202)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 290,710 363,387
Tangible assets 5 174,587 172,244
465,297 535,631

CURRENT ASSETS
Debtors 6 88,019 70,292
Cash at bank 1,288 16,017
89,307 86,309
CREDITORS
Amounts falling due within one year 7 45,646 47,509
NET CURRENT ASSETS 43,661 38,800
TOTAL ASSETS LESS CURRENT LIABILITIES 508,958 574,431

CREDITORS
Amounts falling due after more than one year 8 113,616 136,178
NET ASSETS ATTRIBUTABLE TO MEMBERS 395,342 438,253

LOANS AND OTHER DEBTS DUE TO MEMBERS 9 395,342 438,253

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 395,342 438,253

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.

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 19 July 2024 and were signed by:





L R Eccles - Designated member

Eccles Greenwood Financial Planning LLP (Registered number: OC423202)

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

1. STATUTORY INFORMATION

Eccles Greenwood Financial Planning LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC423202

Registered office: 3 Bank Buildings
Barnoldswick
Lancashire
BB18 5ND

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, 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.
Plant and machinery etc - 33% on cost and 20% on cost

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 5 (2023 - 4 ) .

Eccles Greenwood Financial Planning LLP (Registered number: OC423202)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 726,774
AMORTISATION
At 1 April 2023 363,387
Charge for year 72,677
At 31 March 2024 436,064
NET BOOK VALUE
At 31 March 2024 290,710
At 31 March 2023 363,387

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 171,600 9,334 180,934
Additions - 3,977 3,977
At 31 March 2024 171,600 13,311 184,911
DEPRECIATION
At 1 April 2023 - 8,690 8,690
Charge for year - 1,634 1,634
At 31 March 2024 - 10,324 10,324
NET BOOK VALUE
At 31 March 2024 171,600 2,987 174,587
At 31 March 2023 171,600 644 172,244

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 86,355 68,692
Other debtors 1,664 1,600
88,019 70,292

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 11,558 20,258
Trade creditors 18,697 17,171
Taxation and social security 2,494 1,435
Other creditors 12,897 8,645
45,646 47,509

Eccles Greenwood Financial Planning LLP (Registered number: OC423202)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 113,616 136,178

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

Third party creditors will take priority over amounts due to members.