REGISTERED NUMBER: OC423667 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

E.S.N. Financial Services LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

K C O'Brien

M J A Collier

D P Ginn

REGISTERED OFFICE:

Beacon Innovation Centre

Camelot Road

Gorleston on Sea

Norfolk

NR31 7RA

REGISTERED NUMBER:

OC423667 (England and Wales)

ACCOUNTANTS:

N.C.N.M. Accountancy Limited

Chartered Accountants

The Lodge

93 Normanston Drive

Oulton Broad

Lowestoft

Suffolk

NR32 2PX

FIXED ASSETS

Tangible assets

4

644

833

CURRENT ASSETS

Debtors

5

4,367

7,969

Cash at bank

12,510

6,871

16,877

14,840

CREDITORS

Amounts falling due within one year

6

8,000

8,101

NET CURRENT ASSETS

8,877

6,739

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

9,521

7,572

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

2,021

72

MEMBERS' OTHER INTERESTS

Capital accounts

7,500

7,500

9,521

7,572

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

2,021

72

Members' other interests

7,500

7,500

Amounts due from members

5

(3,828

)

(7,430

)

5,693

142

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 31st 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 5th December 2025 and were signed by:

K C O'Brien - Designated member

1.	STATUTORY INFORMATION

E.S.N. Financial Services LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as the fair value of the consideration received or receivable, net of discounts and rebates.

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

-

10% on cost

Computer equipment

-

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

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

1,886

615

2,501

DEPRECIATION

At 1st April 2024

1,053

615

1,668

Charge for year

189

-

189

At 31st March 2025

1,242

615

1,857

NET BOOK VALUE

At 31st March 2025

644

-

644

At 31st March 2024

833

-

833

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

4,367

7,969

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

592

693

Other creditors

7,408

7,408

8,000

8,101

7.	LEASING AGREEMENTS

The LLP has a lease rent agreement running to the 30th September each year totalling £6,294 per annum.

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

2,021

72

Falling due within one year

2,021

72

The designated members intend to provide continuing finance to the LLP by way of loan accounts commensurate with the working capital needs of the LLP.

Members' other interests rank after unsecured creditors, and loans and other debts due to members rank pari passu with unsecured creditors, in the event of a winding up. The amount of loan capital each designated member is required to subscribe is set out in the members' agreement and determined by designated members from time to time.

Clients' money is held on a separate designated bank account. No other special protection is provided to creditors.