Expert Pensions Advice LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: NC001204 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Expert Pensions Advice LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DESIGNATED MEMBERS:

D J Curry

J R Reynolds

REGISTERED OFFICE:

Studio 3, Strand Studios

150 Holywood Road

Belfast

BT4 1NY

REGISTERED NUMBER:

NC001204 (Northern Ireland)

ACCOUNTANTS:

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

FIXED ASSETS

Tangible assets

4

-

363

CURRENT ASSETS

Debtors

5

25,252

32,520

Cash at bank

52,769

36,411

78,021

68,931

CREDITORS

Amounts falling due within one year

6

51,065

51,810

NET CURRENT ASSETS

26,956

17,121

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,956

17,484

CREDITORS

Amounts falling due after more than one
year

7

1,583

12,306

NET ASSETS ATTRIBUTABLE TO
MEMBERS

25,373

5,178

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

25,373

5,178

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

25,373

5,178

Amounts due from members

5

(19,252

)

(29,187

)

6,121

(24,009

)

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 2025.

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 28 October 2025 and were signed by:

J R Reynolds - Designated member

1.	STATUTORY INFORMATION

Expert Pensions Advice LLP is registered in Northern Ireland. 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, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover 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 costs.

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

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

Contributions to defined contribution plans are expensed in the period to which they relate.

Division of profits

Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits in a particular year, unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members' remuneration charges as an expense in the profit and loss account.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

3,972

DEPRECIATION

At 1 April 2024

3,609

Charge for year

363

At 31 March 2025

3,972

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

363

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

25,252

32,520

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

10,656

Amounts owed to group undertakings

40,409

40,798

Other creditors

-

356

51,065

51,810

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

1,583

12,306

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally to debts due to other creditors on a winding up.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the following balances were due in respect of related parties.

Partner, DJ Curry is a shareholder in Navigate Mortgages Limited. Amount owned to Navigate Mortgages Limited at 31 March 2025, in respect of services provided in previous years, was £nil (31 March 2024 - £40,389).

Partner JR Reynolds is a shareholder in 58E Advice Limited 58E Advice Limited provided services to Expert Pensions Advice LLP during the year. The balance due to 58E Advice Limited at 31 March 2025 was £40,409 (31 March 2024 - £409).

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Expert Pensions Advice LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the members of Expert Pensions Advice LLP, as a body, in accordance with the terms of our engagement letter dated 4 January 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Expert Pensions Advice LLP and state those matters that we have agreed to state to the members of Expert Pensions Advice LLP, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Expert Pensions Advice LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Expert Pensions Advice LLP. You consider that Expert Pensions Advice LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Expert Pensions Advice LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

28 October 2025