Registered No. OC367708 (England and Wales)
Ablestoke Financial Planning Llp
Unaudited accounts
for the year ended 31 March 2025
Ablestoke Financial Planning Llp
LLP Information
for the year ended 31 March 2025
Designated members
Mr Neil Bruce Mutton
Registered Number
OC367708 (England and Wales)
Registered Office
Admirals Offices
Main Gate Road
The Historic Dockyard
Chatham
Kent
ME4 4TZ
England
Ablestoke Financial Planning Llp
Statement of financial position
as at 31 March 2025
Intangible assets
471,362
54,627
Cash at bank and in hand
1,312,354
137,190
Creditors: amounts falling due within one year
(1,080)
(39,513)
Net current assets
1,315,318
162,540
Total assets less current liabilities
1,786,680
217,167
Creditors: amounts falling due after more than one year
(1,786,680)
(217,167)
Net assets attributable to members
-
-
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 28 November 2025.
Mr Lee Edward Wells
Designated member
Limited Liability Partnership Registration No. OC367708
Ablestoke Financial Planning 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.
The accounts are presented in £ sterling.
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.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned.
Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
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:
Computer equipment
33% straight line
The LLP operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Ablestoke Financial Planning Llp is a limited liability partnership, incorporated in England and Wales, registration number OC367708. Its registered office is Admirals Offices, Main Gate Road, The Historic Dockyard, Chatham, Kent, ME4 4TZ, England.
Ablestoke Financial Planning Llp
Notes to the Accounts
for the year ended 31 March 2025
3
Intangible fixed assets
Goodwill
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,080
39,513
6
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
1,786,680
217,167
7
Average number of employees
During the year the average number of employees was 0 (2024: 3).