Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-07-03truefalseNo description of principal activity12falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14975766 2023-07-02 14975766 2023-07-03 2023-12-31 14975766 2022-07-03 2023-07-02 14975766 2023-12-31 14975766 c:Director1 2023-07-03 2023-12-31 14975766 c:Director2 2023-07-03 2023-12-31 14975766 c:Director3 2023-07-03 2023-12-31 14975766 c:RegisteredOffice 2023-07-03 2023-12-31 14975766 d:CurrentFinancialInstruments 2023-12-31 14975766 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14975766 d:ShareCapital 2023-12-31 14975766 d:RetainedEarningsAccumulatedLosses 2023-12-31 14975766 c:FRS102 2023-07-03 2023-12-31 14975766 c:AuditExempt-NoAccountantsReport 2023-07-03 2023-12-31 14975766 c:FullAccounts 2023-07-03 2023-12-31 14975766 c:PrivateLimitedCompanyLtd 2023-07-03 2023-12-31 14975766 e:PoundSterling 2023-07-03 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 14975766







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2023


M3 FUNDRAISING LIMITED






































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M3 FUNDRAISING LIMITED
 


 
COMPANY INFORMATION


Directors
G McDonough 
M Rogers 
M Spearing 




Registered number
14975766



Registered office
Tannery Studios
Tannery Lane

Send

Woking

GU23 7EF




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


M3 FUNDRAISING LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 3


 


M3 FUNDRAISING LIMITED
REGISTERED NUMBER:14975766



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
£

  

Current assets
  

Debtors: amounts falling due within one year
  
64,489

Cash at bank and in hand
  
155,268

  
219,757

Creditors: amounts falling due within one year
  
(203,285)

Net current assets
  
 
 
16,472

Total assets less current liabilities
  
16,472

  

Net assets
  
16,472


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
16,372

  
16,472


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G McDonough
Director

Date: 16 September 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


M3 FUNDRAISING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

M3 Fundraising Limited is a private company, limited by shares, registered in England and Wales. The address of the registered office is given in the company information page of these financial statements. The company's place of business is Marlow International, Parkway, Marlow, Buckinghamshire, SL7 1YL.
The company was incorporated on the 3 July 2023. As a result this is the company's first set of accounts which represents a 6 month period from incorporation to 31 December 2023.
The presentation currency of the financial statements is the Pound Sterling (£).
The significant accounting policies applied in the preparation of these financial statements are set out below.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is generated through fundraising campaigns for Charities and organisations, and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Page 2

 


M3 FUNDRAISING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.







4.


Debtors

2023
£


Trade debtors
62,160

Other debtors
100

Prepayments and accrued income
2,229

64,489



5.


Creditors: Amounts falling due within one year

2023
£

Amounts owed to associated undertakings
128,626

Corporation tax
6,292

Other taxation and social security
20,960

Other creditors
5,331

Accruals and deferred income
42,076

203,285


 
Page 3