Dukes Financial Planning LLP

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

Registered number: OC321474

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,024		28,033

			21,024		28,033
CURRENT ASSETS
Debtors	5	3,000		1,000
Cash at bank and in hand		279,693		233,507

		282,693		234,507
Creditors: Amounts Falling Due Within One Year	6	(2,420 )		(3,160 )

NET CURRENT ASSETS (LIABILITIES)			280,273		231,347

TOTAL ASSETS LESS CURRENT LIABILITIES			301,297		259,380

NET ASSETS ATTRIBUTABLE TO MEMBERS			301,297		259,380

REPRESENTED BY:
Loans and other debts due to members
Other amounts		301,297		259,380

			301,297		259,380

			301,297		259,380

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			301,297		259,380

			301,297		259,380

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Dukes Financial Planning 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

Mrs K Duke

Designated Member

30 June 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
	Other Reserves	Other amounts	Total members' interest
	£	£	£
Amounts due to members	-	262,778	-

Balance at 1 September 2023	-	262,778	262,778
Members' remuneration charged as an expense, including employment and retirement benefit costs	-	112,500	112,500
Profit/(loss) for the financial year available for discretionary division among members	37,467	-	37,467

Members' interests after profit/(loss) for the year	37,467	375,278	412,745
Other divisions of profits (losses)	(37,467)	37,467	-
Drawings	-	(153,365)	(153,365)

Amounts due to members	-	259,380	-

As at 31 March 2024 and 1 April 2024	-	259,380	259,380


Members' remuneration charged as an expense, including employment and retirement benefit costs	-	134,813	134,813
Profit/(loss) for the financial year available for discretionary division among members	153,607	-	153,607

Members' interests after profit/(loss) for the year	153,607	394,193	547,800
Other divisions of profits (losses)	(153,607)	153,607	-
Drawings	-	(246,503)	(246,503)

Amounts due to members	-	301,297	-

As at 31 March 2025	-	301,297	301,297

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Dukes Financial Planning LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. General Information

Dukes Financial Planning LLP is a limited liability partnership, incorporated in England & Wales, registered number OC321474 . The Registered Office is Abacus House, 68a North Street, Romford, Essex, RM1 1DA.

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 represents commissions receivable during the year.

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:

Motor Vehicles	25% per anuum reducing balance
Fixtures & Fittings	25% per anuum reducing balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	26,245	31,492	57,737

As at 31 March 2025	26,245	31,492	57,737

Depreciation
As at 1 April 2024	2,362	27,342	29,704
Provided during the period	5,971	1,038	7,009

As at 31 March 2025	8,333	28,380	36,713

Net Book Value
As at 31 March 2025	17,912	3,112	21,024

As at 1 April 2024	23,883	4,150	28,033

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	3,000	1,000

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Dukes Financial Planning LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Other creditors	2,420	3,002
Taxation and social security	-	158

	2,420	3,160

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