Registration number: 10964965

The Paraplanning Partnership Ltd

(Registration number: 10964965)

Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	3	2,666	5,333
Tangible assets	4	4,801	5,216
		7,467	10,549
Current assets
Debtors	5	263	5,845
Cash at bank and in hand		85,174	40,954
		85,437	46,799
Creditors: Amounts falling due within one year	6	(77,022)	(36,787)
Net current assets		8,415	10,012
Total assets less current liabilities		15,882	20,561
Provisions for liabilities		(1,867)	(2,637)
Net assets		14,015	17,924
Capital and reserves
Called up share capital		200	200
Retained earnings		13,815	17,724
Shareholders' funds		14,015	17,924

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised by the Board on 22 December 2025 and signed on its behalf by:
 

The Paraplanning Partnership Ltd

(Registration number: 10964965)

Balance Sheet as at 30 September 2025 (continued)

......................................... C Miller Director

The Paraplanning Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	Accounting policies

Statutory information

The Paraplanning Partnership Ltd is a private company, limited by shares, domiciled in England and Wales, company number 10964965. The registered office is at Unit 5, The Parade, Church Street, Doncaster, DN3 3AG.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

The Paraplanning Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

1	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software	33% Straight line

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 5).

The Paraplanning Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

3	Intangible assets

	Software  £	Total £
Cost
At 1 October 2024	8,000	8,000
At 30 September 2025	8,000	8,000
At 1 October 2024	2,667	2,667
Amortisation charge	2,667	2,667
At 30 September 2025	5,334	5,334
Carrying amount
At 30 September 2025	2,666	2,666
At 30 September 2024	5,333	5,333

4	Tangible assets

	Plant and machinery £	Total £
Cost
At 1 October 2024	8,982	8,982
Additions	387	387
At 30 September 2025	9,369	9,369
Depreciation
At 1 October 2024	3,766	3,766
Charge for the year	802	802
At 30 September 2025	4,568	4,568
Carrying amount
At 30 September 2025	4,801	4,801
At 30 September 2024	5,216	5,216

The Paraplanning Partnership Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

5

Debtors

	2025 £	2024 £
Prepayments	263	5,646
Other debtors	-	199
	263	5,845

6

Creditors

	2025 £	2024 £
Due within one year
Taxation and social security	36,072	23,207
Accruals and deferred income	13,509	1,150
Other creditors	27,441	12,430
	77,022	36,787