The Money Map (Financial Navigation) LLP LLP accounts

REGISTERED NUMBER: OC345998

The Money Map (Financial Navigation) LLP

Unaudited Financial Statements

5 April 2025

The Money Map (Financial Navigation) LLP

Financial Statements

Year ended 5 April 2025

Contents	Page

Designated members and professional advisers	1

Members' report	2

Chartered certified accountants report to the members on the preparation of the unaudited statutory financial statements	4

Statement of comprehensive income	5

Statement of financial position	6

Reconciliation of members' interests	8

Notes to the financial statements	10

The following pages do not form part of the financial statements

Members detailed schedules	15

The Money Map (Financial Navigation) LLP

Designated Members and Professional Advisers

Designated members	Mr Robert Mark Downing
	Mr Mark Prodywus
	Mr Darrell Barnes
	Mr Steven Proctor

Registered office	3 Twelve O'Clock Court
	21 Attercliffe Road
	Sheffield
	South Yorkshire
	S4 7WW

Accountants	Henry Bramall & Co Ltd
	Chartered Certified Accountants
	Unit 8
	Acorn Business Park
	Woodseats Close
	Sheffield
	S8 0TB

Bankers	Bank of Scotland
	Teviot House
	South Gyle Crescent
	Edinburgh
	EH12 9DR

The Money Map (Financial Navigation) LLP

Members' Report

Year ended 5 April 2025

The members present their report and the unaudited financial statements of the LLP for the year ended 5 April 2025 .

Principal activities

The principal activity of the company during the year was that of independant financial advisors.

Designated members

The designated members who served the LLP during the year were as follows:

Mr Robert Mark Downing
Mr Mark Prodywus
Mr Darrell Barnes
Mr Steven Proctor

Policy regarding members' drawings and the subscription and repayment of amounts subscribed or otherwise contributed by members

Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.

New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amounts of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members.

This report was approved by the members on 3 September 2025 and signed on behalf of the members by:

Mr Robert Mark Downing

Designated Member

Registered office:

3 Twelve O'Clock Court

21 Attercliffe Road

Sheffield

South Yorkshire

S4 7WW

The Money Map (Financial Navigation) LLP

Chartered Certified Accountants Report to the Members on the Preparation of the Unaudited Statutory Financial Statements of The Money Map (Financial Navigation) LLP

Year ended 5 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships 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 The Money Map (Financial Navigation) LLP for the year ended 5 April 2025, which comprise the statement of comprehensive income, statement of financial position, reconciliation of members' interests 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 the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the members of The Money Map (Financial Navigation) LLP, as a body, in accordance with the terms of our engagement letter dated 1 November 2020. Our work has been undertaken solely to prepare for your approval the financial statements of The Money Map (Financial Navigation) LLP and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Money Map (Financial Navigation) LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that The Money Map (Financial Navigation) 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 The Money Map (Financial Navigation) LLP. You consider that The Money Map (Financial Navigation) 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 The Money Map (Financial Navigation) 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.

Henry Bramall & Co Ltd Chartered Certified Accountants

Unit 8 Acorn Business Park Woodseats Close Sheffield S8 0TB

3 September 2025

The Money Map (Financial Navigation) LLP

Statement of Comprehensive Income

Year ended 5 April 2025

	2025	2024
Note	£	£
Turnover	1,310,553	1,171,310

Cost of sales	1,087,852	837,845
	------------	------------
Gross profit	222,701	333,465

Administrative expenses		226,692	225,578
Other operating income		2,400	2,400
		---------	---------
Operating (loss)/profit	5	( 1,591)	110,287

Other interest receivable and similar income	2,988	2,412
	---------	---------
Profit for the financial year before members' remuneration and profit shares available for discretionary division among members	1,397	112,699
	---------	---------

All the activities of the LLP are from continuing operations.

The Money Map (Financial Navigation) LLP

Statement of Financial Position

5 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		2,979	3,547

Current assets

Debtors	7	4,026	3,546
Cash at bank and in hand		93,021	95,570
		--------	--------
		97,047	99,116

Creditors: amounts falling due within one year	8	7,330		6,689
		--------		--------
Net current assets			89,717	92,427
			--------	--------
Total assets less current liabilities			92,696	95,974
			--------	--------
Net assets			92,696	95,974
			--------	--------

Represented by:

Loans and other debts due to members

Other amounts	9	92,696	95,974
		--------	--------

Members' other interests

Other reserves	–	–
	--------	--------
	92,696	95,974
	--------	--------

Total members' interests

Loans and other debts due to members	9	92,696	95,974
Members' other interests		–	–
		--------	--------
		92,696	95,974
		--------	--------

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 5 April 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

The Money Map (Financial Navigation) LLP

Statement of Financial Position (continued)

5 April 2025

These financial statements were approved by the members and authorised for issue on 3 September 2025 , and are signed on their behalf by:

Mr Robert Mark Downing

Designated Member

Registered number: OC345998

The Money Map (Financial Navigation) LLP

Reconciliation of Members' Interests

Year ended 5 April 2025

	Members' other interests		Loans and other debts due to members less any amounts due from members in debtors		Total members' interests
	Other reserves	Total	Other amounts	Total	Total 2025
	£	£	£	£	£
Balance at 6 April 2024	–	–	95,973	95,973	95,973
Profit for the financial year available for discretionary division among members	1,397	1,397			1,397
	-------	-------	--------	--------	--------
Members' interests after profit for the year	1,397	1,397	95,973	95,973	97,370
Other division of profits	(1,397)	(1,397)	1,397	1,397	–
Drawings			(4,674)	(4,674)	(4,674)
	-------	-------	--------	--------	--------
Balance at 5 April 2025	–	–	92,696	92,696	92,696
	-------	-------	--------	--------	--------

The Money Map (Financial Navigation) LLP

Reconciliation of Members' Interests (continued)

Year ended 5 April 2025

	Members' other interests		Loans and other debts due to members less any amounts due from members in debtors		Total members' interests
	Other reserves	Total	Other amounts	Total	Total 2024
	£	£	£	£	£
Balance at 6 April 2023	–	–	93,340	93,340	93,340
Profit for the financial year available for discretionary division among members	112,699	112,699			112,699
	---------	---------	--------	--------	---------
Members' interests after profit for the year	112,699	112,699	93,340	93,340	206,039
Other division of profits	(112,699)	(112,699)	112,699	112,699	–
Drawings			(110,065)	(110,065)	(110,065)
	---------	---------	---------	---------	---------
Balance at 5 April 2024	–	–	95,974	95,974	95,974
	---------	---------	---------	---------	---------

The Money Map (Financial Navigation) LLP

Notes to the Financial Statements

Year ended 5 April 2025

1.	General information

The LLP is registered in England and Wales. The address of the registered office is 3 Twelve O'Clock Court, 21 Attercliffe Road, Sheffield, S4 7WW, South Yorkshire.

2.	Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Disclosure exemptions

(a) No cash flow statement has been presented for the LLP.(b) Disclosures in respect of financial instruments have not been presented.

Revenue recognition

Turnover is measured at the fair value of the consideration received for services rendered.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% reducing balance
Computer Equipment	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4.	Employee numbers

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to 7 (2024: 5 ).

5.	Operating (loss)/profit

Operating profit or loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	1,087	1,232
	-------	-------

6.	Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 6 April 2024	5,415	9,950	15,365
Additions	–	519	519
	-------	--------	--------
At 5 April 2025	5,415	10,469	15,884
	-------	--------	--------
Depreciation
At 6 April 2024	4,858	6,960	11,818
Charge for the year	480	607	1,087
	-------	--------	--------
At 5 April 2025	5,338	7,567	12,905
	-------	--------	--------
Carrying amount
At 5 April 2025	77	2,902	2,979
	-------	--------	--------
At 5 April 2024	557	2,990	3,547
	-------	--------	--------

7.	Debtors

	2025	2024
	£	£
Other debtors	4,026	3,546
	-------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	2,866	2,113
Other creditors	4,464	4,576
	-------	-------
	7,330	6,689
	-------	-------

9.	Loans and other debts due to members

	2025	2024
	£	£
Amounts owed to members in respect of profits	92,696	95,974
	--------	--------

The Money Map (Financial Navigation) LLP

Management Information

Year ended 5 April 2025

The following pages do not form part of the financial statements.

The Money Map (Financial Navigation) LLP

Members Detailed Schedules

Year ended 5 April 2025

Members current account detailed analysis for the year ending 5 April 2025

	Mr Robert Mark Downing	Mr Mark Prodywus	Mr Darrell Barnes	Mr Steven Proctor	Total
	£	£	£	£	£
Balance at 6 April 2024	23,993	23,993	23,993	23,994	95,973
Discretionary allocation of profits	350	349	349	349	1,397
Drawings	(1,168)	(1,168)	(1,168)	(1,170)	(4,674)
	--------	--------	--------	--------	--------
Balance at 5 April 2025	23,175	23,174	23,174	23,173	92,696
	--------	--------	--------	--------	--------