Caseware UK (AP4) 2023.0.135 2023.0.135 002024-01-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Energy consultancyfalsetruefalse OC417993 2024-01-01 2024-03-31 OC417993 2024-03-31 OC417993 2023-12-31 OC417993 2024-01-01 2024-03-31 OC417993 2023-01-01 2023-12-31 OC417993 2024-03-31 OC417993 2023-12-31 OC417993 c:CurrentFinancialInstruments 2024-03-31 OC417993 c:CurrentFinancialInstruments 2023-12-31 OC417993 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC417993 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 OC417993 d:FRS102 2024-01-01 2024-03-31 OC417993 d:AuditExemptWithAccountantsReport 2024-01-01 2024-03-31 OC417993 d:FullAccounts 2024-01-01 2024-03-31 OC417993 d:LimitedLiabilityPartnershipLLP 2024-01-01 2024-03-31 OC417993 d:PartnerLLP3 2024-01-01 2024-03-31 OC417993 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC417993 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-12-31 OC417993 c:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC417993 c:FurtherSpecificReserve3ComponentTotalEquity 2023-12-31 OC417993 e:PoundSterling 2024-01-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC417993









3MEA LLP







Unaudited

Financial statements

Information for filing with the registrar

For the Period Ended 31 March 2024

 
3MEA LLP
 
 
  
Chartered accountants' report to the members on the preparation of the unaudited statutory financial statements of 3MEA LLP for the Period Ended 31 March 2024

In order to assist you to fulfil your duties under the Companies Act 2006 (as applied 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 3MEA LLP for the period ended 31 March 2024 which comprise the Statement of financial position 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 Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the members in accordance with the terms of our engagement letter Our work has been undertaken solely to prepare for your approval the financial statements of 3MEA LLP and state those matters that we have agreed to state to the 3MEA LLP's members in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 3MEA LLP and its members for our work or for this report. 

It is your duty to ensure that 3MEA 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 result of 3MEA LLP. You consider that 3MEA LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of 3MEA 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.

  



Mantax Lynton
 
Chartered Accountants and Statutory Auditors
  
7 General Gordon Square
London
United Kingdom
SE18 6FH
29 November 2024
Page 1

 
3MEA LLP
Registered number: OC417993

Statement of financial position
As at 31 March 2024

31 March
31 December
2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
14,748
14,769

  
14,748
14,769

Creditors: Amounts Falling Due Within One Year
 5 
(3,348)
(1,679)

Net current assets
  
 
 
11,400
 
 
13,090

Total assets less current liabilities
  
11,400
13,090

  

Net assets
  
11,400
13,090


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
1,900
3,590

  
1,900
3,590

Members' other interests
  

Members' capital classified as equity
  
9,500
9,500

  
 
9,500
 
9,500

  
11,400
13,090


Total members' interests
  

Loans and other debts due from members
 6 
1,900
3,590

Members' other interests
  
9,500
9,500

  
11,400
13,090


Page 2

 
3MEA LLP
Registered number: OC417993
    
Statement of financial position (continued)
As at 31 March 2024

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 29 November 2024.




Mark Hughes
Designated member

The notes on pages 4 to 7 form part of these financial statements.

3MEA LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

Page 3

 
3MEA LLP
 
 
 
Notes to the financial statements
For the Period Ended 31 March 2024

1.


General information

3MEA LLP is a limited liability partnership incorporated in England and Wales. The registered office is Suite 207 Equitable House 7 General Gordon Square London SE18 6FH.
The principal activities of the LLP are disclosed in the Members' Report.

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

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
3MEA LLP
 
 
 
Notes to the financial statements
For the Period Ended 31 March 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
3MEA LLP
 
 
 
Notes to the financial statements
For the Period Ended 31 March 2024

3.


Employees




The entity has no employees.


4.


Cash and cash equivalents

31 March
31 December
2024
2023
£
£

Cash at bank and in hand
14,748
14,769

14,748
14,769



5.


Creditors: Amounts falling due within one year

31 March
31 December
2024
2023
£
£

Accruals and deferred income
3,348
1,679

3,348
1,679


Page 6

 
3MEA LLP
 
 
 
Notes to the financial statements
For the Period Ended 31 March 2024

6.


Loans and other debts due to members


31 March
31 December
2024
2023
£
£



Members' capital treated as debt
1,900
3,590

1,900
3,590

Loans and other debts due to members may be further analysed as follows:

31 March
31 December
2024
2023
£
£



Falling due within one year
(1,900)
(3,590)

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up. At balance sheet date, amount due to members was £1,900 (2023: £3,590).


7.


Comparatives

The LLP shortened its accounting period from 31 December 2024 to 31 March 2024 hence the financial statements show the results for 3 months ending 31 March 2024. The comparatives show the results for 12 months ending 31 December 2023.

 
Page 7