REGISTERED NUMBER: 08100676 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

LKD Paraplanning Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms L K Darbyshire

REGISTERED OFFICE:

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

REGISTERED NUMBER:

08100676 (England and Wales)

ACCOUNTANTS:

A C Mole LLP

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Tangible assets

4

7,583

9,635

CURRENT ASSETS

Debtors

5

68,024

126,533

Cash at bank

34,518

18,270

102,542

144,803

CREDITORS

Amounts falling due within one year

6

40,348

27,953

NET CURRENT ASSETS

62,194

116,850

TOTAL ASSETS LESS CURRENT LIABILITIES

69,777

126,485

PROVISIONS FOR LIABILITIES

1,829

2,409

NET ASSETS

67,948

124,076

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

67,848

123,976

SHAREHOLDERS' FUNDS

67,948

124,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Ms L K Darbyshire - Director

1.	STATUTORY INFORMATION

LKD Paraplanning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on a going concern basis. The director, having made all the necessary enquiries, is satisfied that the going concern basis of preparation is appropriate, In forming this opinion, and in particular, the director, who recognises there can be no certainty, has considered the performance of the company both during the year and subsequent to the year end, has given due consideration to the known and likely impacts of the current economic uncertainty and inflationary environment in the UK on the financial services sector, and has considered the company's abilities to meet its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

12,752

15,476

28,228

DEPRECIATION

At 1 January 2024

5,630

12,963

18,593

Charge for year

1,424

628

2,052

At 31 December 2024

7,054

13,591

20,645

NET BOOK VALUE

At 31 December 2024

5,698

1,885

7,583

At 31 December 2023

7,122

2,513

9,635

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

67,155

44,070

Other debtors

869

1,223

Directors' current accounts

-

81,240

68,024

126,533

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1

-

Amounts owed to group undertakings

4,407

2,062

Tax

32,689

23,781

Social security and other taxes

798

-

Directors' current accounts

453

-

Accrued expenses

2,000

2,110

40,348

27,953

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

34

Class A shares

1

34

34

33

Class B shares

1

33

33

33

Class C shares

1

33

33

100

100

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Ms L K Darbyshire

Balance outstanding at start of year

81,240

414

Amounts advanced

68,307

131,240

Amounts repaid

(150,000

)

(50,414

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(453

)

81,240

9.	RELATED PARTY DISCLOSURES

The company received £639,007 for the provision of services to the parent company; Cooper Associates Wealth Management Ltd. All transactions were conducted on normal commercial terms and in the ordinary course of business. At the year end, £67,155 (2023: £44,070) was receivable from Cooper Associates Wealth Management Ltd.