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REGISTERED NUMBER: OC418687 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2024

FOR

MUSIC IN EDUCATION LLP

MUSIC IN EDUCATION LLP (REGISTERED NUMBER: OC418687)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MUSIC IN EDUCATION LLP

GENERAL INFORMATION
for the year ended 31 August 2024







DESIGNATED MEMBERS: J Netherwood
G C Netherwood





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: OC418687 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

MUSIC IN EDUCATION LLP (REGISTERED NUMBER: OC418687)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,351 3,311

CURRENT ASSETS
Debtors 5 84,532 72,148
Cash at bank 3,979 13,842
88,511 85,990
CREDITORS
Amounts falling due within one year 6 12,404 13,687
NET CURRENT ASSETS 76,107 72,303
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

78,458

75,614

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

78,458

75,614

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 78,458 75,614
Amounts due from members 5 (62,570 ) (53,201 )
15,888 22,413

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 August 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

MUSIC IN EDUCATION LLP (REGISTERED NUMBER: OC418687)

BALANCE SHEET - continued
31 August 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 28 May 2025 and were signed by:





J Netherwood - Designated member

MUSIC IN EDUCATION LLP (REGISTERED NUMBER: OC418687)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Music in Education LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% straight line basis

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 14,298
Additions 450
At 31 August 2024 14,748
DEPRECIATION
At 1 September 2023 10,987
Charge for year 1,410
At 31 August 2024 12,397
NET BOOK VALUE
At 31 August 2024 2,351
At 31 August 2023 3,311

MUSIC IN EDUCATION LLP (REGISTERED NUMBER: OC418687)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,962 18,947
Other debtors 62,570 53,201
84,532 72,148

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 12,404 13,687

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 78,458 75,614

Falling due within one year 78,458 75,614

Amounts due to members rank equally alongside the other unsecured creditors.