Registered No. OC349818 (England and Wales)
FD Advisory LLP
Unaudited accounts
for the year ended 31 March 2025
FD Advisory LLP
LLP Information
for the year ended 31 March 2025
Designated members
Mr Denis Dorofeev
Mr Jamison Reed Firestone
Registered Number
OC349818 (England and Wales)
Registered Office
167-169 Great Portland Street
5th Floor
London
England
W1W 5PF
Accountants
CFO360 Advisors Ltd
483 Green Lanes
London
N13 4BS
Chartered Accountants' report to the members on the preparation of the unaudited statutory financial statements of FD Advisory LLP for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
FD Advisory LLP for the year ended
31 March 2025 as set out on pages
4 -
6 from the LLP's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
CFO360 Advisors Ltd
Chartered Accountants
483 Green Lanes
London
N13 4BS
12 May 2025
FD Advisory LLP
Statement of financial position
as at 31 March 2025
Tangible assets
1,345
1,786
Cash at bank and in hand
164,937
51,426
Creditors: amounts falling due within one year
(11,273)
(15,518)
Net current assets
178,203
111,612
Net assets attributable to members
179,548
113,398
Loans and other debts due to members
179,548
113,398
Loans and other debts due to members
179,548
113,398
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 12 May 2025.
Mr Denis Dorofeev
Designated member
Limited Liability Partnership Registration No. OC349818
FD Advisory LLP
Notes to the Accounts
for the year ended 31 March 2025
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
After making enquiries, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
The accounts are presented in £ sterling.
FD Advisory LLP is a limited liability partnership, incorporated in England and Wales, registration number OC349818. Its registered office is 167-169 Great Portland Street, 5th Floor, London, England, W1W 5PF.
3
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At valuation
At 1 April 2024
4,915
8,896
13,811
Revaluations
-
2,719
2,719
At 31 March 2025
4,915
11,615
16,530
At 1 April 2024
2,720
9,305
12,025
Charge for the year
-
965
965
Surplus on revaluation
2,195
-
2,195
At 31 March 2025
4,915
10,270
15,185
At 31 March 2025
-
1,345
1,345
At 31 March 2024
2,195
(409)
1,786
FD Advisory LLP
Notes to the Accounts
for the year ended 31 March 2025
4
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,897
1,792
Taxes and social security costs
9,376
13,726
5
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
179,548
113,398
Amounts falling due within one year
179,548
113,398
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).