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REGISTERED NUMBER: 13714583 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

M3ter US Limited

M3ter US Limited (Registered number: 13714583)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M3ter US Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: G J Parry
J P Griffin





REGISTERED OFFICE: 63 Bermondsey Street
London
United Kingdom
SE1 3XF





REGISTERED NUMBER: 13714583 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

M3ter US Limited (Registered number: 13714583)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Investments 4 8 8

CURRENT ASSETS
Debtors 5 609,092 332,181
Cash at bank 9,384 67,721
618,476 399,902
CREDITORS
Amounts falling due within one year 6 96 40,717
NET CURRENT ASSETS 618,380 359,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

618,388

359,193

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 618,387 359,192
618,388 359,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 May 2025 and were signed on its behalf by:





G J Parry - Director


M3ter US Limited (Registered number: 13714583)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

M3ter US Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

M3ter US Limited (Registered number: 13714583)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 8
NET BOOK VALUE
At 31 December 2024 8
At 31 December 2023 8

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 30,872 54,079
Amounts owed by group undertakings 578,220 278,102
609,092 332,181

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 96 -
Other creditors - 40,717
96 40,717

7. RELATED PARTY DISCLOSURES

Included in debtors due within one year is an amount of £189,925 (2023: £160,282) owed by M3ter UK Limited, a company wholly owned by the ultimate parent company. Also included in debtors due within one year is an amount of £388,294 (2023: £117,819) owed by M3ter US Services Inc, a company registered in the U.S. which is wholly owned by M3ter US Limited. Neither amount is subject to interest or formal repayment terms.

8. PARENT COMPANY

The immediate and ultimate parent company is M3ter Holdings Limited, a company incorporated in the UK whose registered office is 63 Bermondsey Street, London, SE1 3XF.

The accounts of the parent company are publicly available from Companies House, and the registered office.