Financial Planning Associates LLP

	Page
Balance Sheet	1—2
Reconciliation of Members' Interests	3—4
Notes to the Financial Statements	4—5

Registered number: OC363377

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		851		823

			851		823
CURRENT ASSETS
Cash at bank and in hand		114,421		95,731

		114,421		95,731
Creditors: Amounts Falling Due Within One Year	5	(1,256 )		(1,503 )

NET CURRENT ASSETS (LIABILITIES)			113,165		94,228

TOTAL ASSETS LESS CURRENT LIABILITIES			114,016		95,051

NET ASSETS ATTRIBUTABLE TO MEMBERS			114,016		95,051

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		83,016		64,051

			83,016		64,051

Equity
Members' other interests
Capital adequacy account		31,000		31,000

			31,000		31,000

			114,016		95,051

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			83,016		64,051
Members' other interests			31,000		31,000

			114,016		95,051

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Financial Planning Associates LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 applicable to LLPs subject to the small LLPs regime.)

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 accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Colin Culyer

Designated Member

19 December 2025

The notes on pages 4 to 5 form part of these financial statements.

	EQUITY			DEBT
	Members' other interests			Loans and other debts due to members less any amounts due from members in debtors
	Members'Capital classified as Equity	Other Reserves	Total Equity	Other amounts	Total members' interest
	£	£	£	£	£
Amounts due to members	-	-	-	63,318	-

Balance at 1 April 2023	31,000	-	31,000	63,318	94,318
Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	-	28,600	28,600
Profit/(loss) for the financial year available for discretionary division among members	-	93,360	93,360	-	93,360

Members' interests after profit/(loss) for the year	31,000	93,360	124,360	91,918	216,278
Other divisions of profits (losses)	-	(93,360)	(93,360)	93,360	-
Drawings	-	-	-	(121,227)	(121,227)

Amounts due to members	-	-	-	64,051	-

As at 31 March 2024 and 1 April 2024	31,000	-	31,000	64,051	95,051


Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	-	28,600	28,600
Profit/(loss) for the financial year available for discretionary division among members	-	122,202	122,202	-	122,202

Members' interests after profit/(loss) for the year	31,000	122,202	153,202	92,651	245,853
Other divisions of profits (losses)	-	(122,202)	(122,202)	122,202	-
Drawings	-	-	-	(131,837)	(131,837)

Amounts due to members	-	-	-	83,016	-

As at 31 March 2025	31,000	-	31,000	83,016	114,016

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Financial Planning Associates LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. General Information

Financial Planning Associates LLP is a limited liability partnership, incorporated in England & Wales, registered number OC363377 . The Registered Office is Merchant's Court, 59 Wrawby Street, Brigg, North Lincolnshire, DN20 8JE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Fixtures & Fittings	25% on cost

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	5,596	655	6,251
Additions	491	-	491

As at 31 March 2025	6,087	655	6,742

Depreciation
As at 1 April 2024	5,042	386	5,428
Provided during the period	373	90	463

As at 31 March 2025	5,415	476	5,891

Net Book Value
As at 31 March 2025	672	179	851

As at 1 April 2024	554	269	823

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Financial Planning Associates LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	22	-
Accrued expenses	1,234	1,503

	1,256	1,503

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